Jesus I despise Brexit.

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Howburn Digger H
Howburn Digger May 31, 2018 08:05:06
Replying to Captain Starlet

Captain Starlet wrote:
There is a difference with Greece in that the socialist economic plans were somewhat irresponsible and the country had to pay its debts, regardless of how it got into the situation in the first place a position had to be made to basically stop the country crashing completely and put in place some system of responsibility.
Banker-created debt on Fiat Currency which had never even been printed - let alone spent. The major part of Greec's debt was forced upon it by the EU who snared Greece in massive arms deals which the EU impoosed on Greece between 2010 and 2012. These included Greece being forced to sign off on contracts for completely unnecessary miltary items like

662 Million Euro Aircraft deal.

336 Million Euro Submarine deal.

The EU enforced the deals as part of "Aid". It was a torpedo - not a life raft. And Sarkosy and Merkel knew it. Greece's relatively tiny National Debt was then extrapolated through compound Euro-manufactured interest on loans it had never actually had for military hardware it didn't need or want. Payments were then extracted - forcing banks to the wall. Hardball business on a European Scale which had been previously reserved for actual hot wars. I know what Greece should have done with those aircraft now.

Germany has still never paid Greece its WW2 reparations. I wonder why not. They amount to more than the debt Germany extracted from Greece's worthless and un-needed arms contracts.

Lovely.

C Captain Starlet
Captain Starlet May 31, 2018 08:40:05
Replying to Howburn Digger

Howburn Digger wrote:
Captain Starlet wrote:
There is a difference with Greece in that the socialist economic plans were somewhat irresponsible and the country had to pay its debts, regardless of how it got into the situation in the first place a position had to be made to basically stop the country crashing completely and put in place some system of responsibility.
Banker-created debt on Fiat Currency which had never even been printed - let alone spent. The major part of Greec's debt was forced upon it by the EU who snared Greece in massive arms deals which the EU impoosed on Greece between 2010 and 2012. These included Greece being forced to sign off on contracts for completely unnecessary miltary items like

662 Million Euro Aircraft deal.

336 Million Euro Submarine deal.

The EU enforced the deals as part of "Aid". It was a torpedo - not a life raft. And Sarkosy and Merkel knew it. Greece's relatively tiny National Debt was then extrapolated through compound Euro-manufactured interest on loans it had never actually had for military hardware it didn't need or want. Payments were then extracted - forcing banks to the wall. Hardball business on a European Scale which had been previously reserved for actual hot wars. I know what Greece should have done with those aircraft now.

Germany has still never paid Greece its WW2 reparations. I wonder why not. They amount to more than the debt Germany extracted from Greece's worthless and un-needed arms contracts.

Lovely.

It was Germany and France in the very major sense, not the EU. Although people like to say that Germany and France ARE the EU, the EU is still made up of 28 different countries at this moment, secondly Greece were not forced into buying extensive military goods thus incurring the amount of debt and the eventual crash of their economy.

Sadly this is one of those things that those who incurred the debt have to take responsibility for their actions and not just blame everyone else for their woes.

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