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The last time Germany tried to take over a country there was a world war
They should do so. Greece, Spain, Italy and Portugal are prime examples of the insanity created by liberal deficit spending policies. They bought the Keynesian model, hook, line and sinker, and are now paying the price.
Given the nice example shown by Southern Europe, it is amazing that liberals in the US pine for a similar economic disaster by promoting more and more deficit spending.
What a ridiculous headline. All they are saying is if the Greeks want German money to be continued to be pumped into their bottomless pit of a budget they are going to have to allow some oversight.
Personally, I think the Germans should just pull out of the EU and let them fail and they'll be in the catbird seat anyway. All through hard work, smart money management and common sense.
But yeah, keep up with the stupid war jokes when in reality Germany is not anything that resembles the Third Reich. The US is much closer to that than they are.
If I were the Greek, I would leave all that crazy EU crap behind, declare all debt null and void, and focus on subsistence for the future. A country can still live without foreign capital, especially one blessed with that kind of climate and location. Sure, the standard of living will be lower, but the way things are now, life is already very hard on many Greeks and things will get worse.
The PIGS countries should form union of their own, outside the EU, Germany has much more to lose then they do as the Germans depend on their exports to Europe.
If I were the Greek, I would leave all that crazy EU crap behind, declare all debt null and void, and focus on subsistence for the future. A country can still live without foreign capital, especially one blessed with that kind of climate and location. Sure, the standard of living will be lower, but the way things are now, life is already very hard on many Greeks and things will get worse.
The PIGS countries should form union of their own, outside the EU, Germany has much more to lose then they do as the Germans depend on their exports to Europe.
It's too late for them. They can't pull an "Iceland" at this point.
More than likely the banksters will move in and restructure their debt yet again and start cutting/slashing/removing jobs/pensions and raising fees and taxes.
IMHO Greece is the canary in the coal mine here and I'm keeping close tabs on what's happening via foreign news sites because our own MSM is just ignoring it.
If I were the Greek, I would leave all that crazy EU crap behind, declare all debt null and void, and focus on subsistence for the future. A country can still live without foreign capital, especially one blessed with that kind of climate and location. Sure, the standard of living will be lower, but the way things are now, life is already very hard on many Greeks and things will get worse.
The PIGS countries should form union of their own, outside the EU, Germany has much more to lose then they do as the Germans depend on their exports to Europe.
If the PIGS would form their union they couldn't leach off of Germany anymore. Germany doesn't need the PIGS. The second biggest importer of German goods and services is China. Europe needs Germany not the other way around. Germany is still paying their debts to Europe from WWII. The European Union is just another treaty of Versailles.
Well, as long as the party lasted in Iceland, living with complete banking deregulation sure was a blast.
But when the party was over, Iceland took their licking and dealt with the debt rather than go to the IMF for massive loans.
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