Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RoosterRedux
"...Put Greece under receivership ..."

How exactly do you put a sovereign nation "under recievership"? Do you intend to invade and appoint new rulers?

4 posted on 07/07/2015 2:46:48 AM PDT by An.American.Expatriate (Here's my strategy on the War against Terrorism: We win, they lose. - with apologies to R.R.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: An.American.Expatriate
A sovereign nation would have to put itself under receivership (or something tantamount to receivership) to get any foreign lender to assist them.

In a way, Greece tried this with EU and IMF austerity and of course they are worse off because they were unwilling to make the hard decisions that are still looming.

Greeks live above their means via socialism...and that program is dead broke.

6 posted on 07/07/2015 2:55:45 AM PDT by RoosterRedux (WSC: The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end...)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: An.American.Expatriate

Moore is usually pretty smart. Apparently he took a stupid pill before he wrote this.


27 posted on 07/07/2015 4:17:18 AM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: An.American.Expatriate

“How exactly do you put a sovereign nation “under recievership”? Do you intend to invade and appoint new rulers?”

...and with what? The Polish Calvary is too busy holding their swords up to Moscow in a show of strength.

Nope, a lot loud words, but in the end, Europe buckles - there is NO WAY they will let Greece leave. If they have to bring over Euros in unmarked tanker trucks, they’ll do so, but they WILL NOT let Greece leave - they’ve worked their entire lives to unify Europe, they are not about to let some two-bit country in the south end it.


31 posted on 07/07/2015 4:50:09 AM PDT by BobL (REPUBLICANS - Fight for the WHITE VOTE...and you will win (see my 'about' page))
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson