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German banks were begging us to borrow their money. They were distributing freely credit cards, and the government was lured into borrowing more than it could afford because dumb politicians thought interest rates would not dramatically change.
They gave Greece NOTHING that wasn't spent in Germany, on German goods, in German investments in Greece, or protecting our selves from a monster America and Germany created next door (Turkey)
Irresponsible borrowers can’t exist without irresponsible lenders. Germany’s banks were Greece’s enablers. German banks built up precarious exposures to Europe’s peripheral countries in the years before the crisis. By December 2009, according to the Bank for International Settlements, German banks had amassed claims of $704 billion on Greece, Ireland, Italy, Portugal and Spain, much more than the German banks’ aggregate capital. In other words, they lent more than they could afford.
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The Greek bailout was a bailout of German banks. Not a penny of the bail out money went to Greece.
All these loans have cost Greece 3 TRILLION so far, not counting the human cost.
It has cost us 3 TRILLION to borrow 200 BILLION, while the irresponsible German banks didn't have to pay a penny. They tricked the EU taxpayer into believing they were bailing out Greece. Greece was destroyed and looted so that German banks can go scot free.
Greece should have followed Iceland's example, and officially declare bankruptchy long time ago. And that's what we should do now, or as soon as possible.
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Because they're a Balkan country trying to be like Western Europe, the same fate awaits Croatia. If you don't have colonies you simply cannot compete with Western nations.
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In your wet dreams we could have anything in common with you
Now sorry to the rest of Balkan nations who are forced to share the same map with Islamic sitholes
I will agree about colonies, I am the first to say that in the 3rd comment but we can't be associated with countries we have nothing in common like... Bosnia
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I think I hit a nerve there, a perfectly normal comment from me resulted in a comment filled with insults from your part with an ethnic map no less. Don't try to deny it, you're Balkan as well, a shithole place and unless you accept it you are doomed. Your attitude is perhaps even worse than the average Balkanite's.
We'll talk again once you pay your debt.
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