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The Natural Philosopher[_2_] The Natural Philosopher[_2_] is offline
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Default Ot Run on Greek banks

On 02/06/15 09:41, Tim Streater wrote:
In article , Brian-Gaff
wrote:

Well the original people who thought Greece would do well in the Euro
system should be held to account for all the nasty stuff that has
occurred since. Anyone who knows a bit about Greece should know that
their culture would have needed to change before they could be admitted.


Well, the Greeks, along with all the smaller, poorer countries, were
gagging for it. It meant they could go along in their "cultural" way
with no downside.


No, what happened is that it meant more money for politicians, and
their cro9nies and a seat at a bigger table, which turned out to be for
troughing, not deciding policy. By that time it was too late. German
banks lent them Euros to waste on German cars and German wind turbines,
and all they had to do was to tax their serfs to pay for the interest.


For a while.



--
New Socialism consists essentially in being seen to have your heart in
the right place whilst your head is in the clouds and your hand is in
someone else's pocket.