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Re: So Greece is saved
Posted by 'SimonS' on 17 Jul 2015 @ 09:47

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SimonSJoined: December 2004
Total Posts: 4
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"Not one penny of the money offered by Europe is designed to help Greece get out of the mess it's in. i.e. by stimulating the economy or helping them to produce something that can be exported to earn money."

There is a reason for this. Much of the many billions lent to Greece was meant to be invested in their industry and infrastructure. It wasn't invested wisely and was made worse by poor financial practice, such as not collecting tax.

So the current money is designed to enable them to pay back the interest on their loans relatively painlessly while redesigning their financial practices to show that they can be trusted with inward investments in the future.

"Whilst at a county level we can all be disgusted that Greece has got itself into this position I don't believe it's fair to blame the ordinary person in Greece."

While you may be right that it is the politicians who implemented the bad decisions that left Greece in the mire, it was the Greek people who elected those politicians, giving them a very clear message that unless they continued to give the Greeks the hand-outs to which they had become accustomed, then they would vote in someone else. As always with democracy, the problem lies in making sure that those who vote actually understand what they are voting for, and the consequences. If the voters believe in money trees, then you can expect politicians who will, like Syriza, tell them that there will be a programme to plant lots of them.

Message Thread:

So Greece is saved by 'Moonshine' (13 Jul 2015 @ 15:17)

Re: So Greece is saved by 'dynamax' (14 Jul 2015 @ 9:01)

Re: So Greece is saved by 'itpro' (14 Jul 2015 @ 10:33)

Re: So Greece is saved by 'kai' (14 Jul 2015 @ 12:16)

Re: So that's where Gordon is a Moron Brown went. by 'alanrr' (14 Jul 2015 @ 16:54)

Wait. by 'bt3962' (15 Jul 2015 @ 1:24)

Re: So that's where Gordon is a Moron Brown went. by 'SimonS' (15 Jul 2015 @ 8:27)

Re: So that's where Gordon is a Moron Brown went. by 'itpro' (15 Jul 2015 @ 15:55)

Re: So Greece is saved by 'dynamax' (15 Jul 2015 @ 10:04)

Re: So Greece is saved by 'kai' (15 Jul 2015 @ 12:13)

Re: So Greece is saved by 'Moonshine' (15 Jul 2015 @ 12:28)

Re: So Greece is saved by 'SimonS' << You are here!

You took a chance there Simon with Itpro! by 'alanrr' (16 Jul 2015 @ 0:05)

should have gone to specsavers :) by 'PaulMRotax' (16 Jul 2015 @ 7:18)

Re: You took a chance there Simon with Itpro! by 'itpro' (16 Jul 2015 @ 9:31)

Re: You took a chance there Simon with Itpro! by 'PaulMRotax' (16 Jul 2015 @ 10:27)

Re: You took a chance there Simon with Itpro! by 'dynamax' (16 Jul 2015 @ 13:51)

Re: You took a chance there Simon with Itpro! by 'itpro' (16 Jul 2015 @ 15:06)

Re: You took a chance there Simon with Itpro! by 'dynamax' (16 Jul 2015 @ 15:17)

MP's wages by 'MattCortes' (16 Jul 2015 @ 16:12)

Re: MP's wages by 'itpro' (16 Jul 2015 @ 18:14)

Re: You took a chance there Simon with Itpro! by 'itpro' (16 Jul 2015 @ 18:03)

Re: MPs' salaries by 'kai' (17 Jul 2015 @ 10:47)

Re: MPs' salaries by 'itpro' (18 Jul 2015 @ 2:03)

Re: MPs' salaries by 'dynamax' (20 Jul 2015 @ 9:21)

Re: MPs' salaries by 'itpro' (20 Jul 2015 @ 9:55)

Re: So Greece is saved by 'Moonshine' (20 Jul 2015 @ 19:45)

Re: So Greece is saved by 'itpro' (20 Jul 2015 @ 21:34)

Re: So Greece is saved by 'davidmc' (21 Jul 2015 @ 21:25)

Re: So Greece is saved by 'alanrr' (27 Jul 2015 @ 10:56)

Re: So Greece is saved by 'd-i-y71' (27 Jul 2015 @ 12:44)

Re: So Greece is saved by 'PaulMRotax' (28 Jul 2015 @ 17:15)

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