23-May-17 World View -- Germany's government blocks debt relief for Greece, despite new austerity measures

[John]

23-May-17 World View -- Germany's government blocks debt relief for Greece, despite new austerity measures

Greece's parliament raises taxes, cuts pensions to satisfy lenders

** 23-May-17 World View -- Germany's government blocks debt relief for Greece, despite new austerity measures
** http://www.generationaldynamics.com/pg/ ... tm#e170523


Contents:
Greece's parliament raises taxes, cuts pensions to satisfy lenders
Germany's government blocks debt relief for Greece, despite new austerity measures


Keys:
Generational Dynamics, Greece, Grexit,
European Central Bank, ECB, European Commission, EC,
International Monetary Fund, IMF, Thessaloniki,
Germany, Wolfgang Schäuble, Sigmar Gabriel

[Germany Calling]

I keep hearing the argument that if Greece would have left the EURO/ EU in 2007 they would have gone through a short sharp depression, and then within 2-3 years have been on the road to recovery. How truthful a statement is that? The argument being Greece has defaulted numerous times on its debt and then used a devalued currency to restore its economy through manufacturing and tourism.

[Guest]

I keep hearing the argument that if Greece would have left the EURO/ EU in 2007 they would have gone through a short sharp depression, and then within 2-3 years have been on the road to recovery. How truthful a statement is that? The argument being Greece has defaulted numerous times on its debt and then used a devalued currency to restore its economy through manufacturing and tourism.

Nope. Greeks are too lazy to survive.

[FaustYull]

Let's be honest the Greeks are never going to pay it back.

[Guest]

Let's be honest the Greeks are never going to pay it back.

Only a Greek can cheat a Jew
-Old Polish Proverb

[StevenHodge]

Let's be honest the Greeks are never going to pay it back.

Only a Greek can cheat a Jew
-Old Polish Proverb

Haha. Don't quote racist proverbs. (Just joking.)

[LeonSerna]

Let's be honest the Greeks are never going to pay it back.

Only a Greek can cheat a Jew
-Old Polish Proverb

Haha. Don't quote racist proverbs. (Just joking.)

Lol. I like your sense of humor.

[Guest]

Only a Greek can cheat a Jew
-Old Polish Proverb

Haha. Don't quote racist proverbs. (Just joking.)

Lol. I like your sense of humor.

You're welcome.

[LoganHite]

Let's be honest the Greeks are never going to pay it back.

Only a Greek can cheat a Jew
-Old Polish Proverb

Haha. Don't quote racist proverbs. (Just joking.)

Lol. I like your sense of humor.

[Cool Breeze]

A jewish friend of mine had a funny Dad, who grew up in a part of the country later in life where my Dad was raised. He told me, "It takes two jews to outsmart a greek, and two greeks to outsmart an armenian."

I laughed. Yes, I'm one of those ethnicities.

(but more important than anything, I'm orthodox)