Re:Review of “Adults in the Room” by Yanis Varoufakis
by pvg on Wednesday May 03, 2017 @10:47AM
(#14256112)
No, the fact someone takes out loans they can't repay doesn't 'prove' they don't understand the terms of the loan. I don't think any of the major actors in this look particularly great but it's not like the Greek government found a giant bag of money on their doorstep one day and nobody told them it came with terms.
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Re:Review of “Adults in the Room” by Yanis Varoufakis
by pm90 on Wednesday May 03, 2017 @03:35PM
(#14259244)
Wait...what? The Greek govt. that took out the loans was incompetent, sure. But so were the lenders. Making a loan is taking a risk for both the lender and the receiver of the loan. It is in both of their interest to ensure that the loan will be repaid.