The average Greek is working a full 40% longer than the average German

Re:The average Greek is working a full 40% longer than the a... by kamaal on Monday May 14, 2012 @05:04AM (#3970115)

Although I agree that its wrong to say All Greeks are lazy, Its also true that they didn't manage their money well.

Now I'm not too much of an economist. But I would be annoyed if my money is used to bail out somebody for mistakes they made.

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Re:The average Greek is working a full 40% longer than the a... by smcl on Monday May 14, 2012 @05:45AM (#3970238)

German banks have substantial exposure in Greece and other troubled Eurozone countries, through bonds/loans. Those bailouts (and we're getting a little vague here) are often used to service these debts, allowing said banks to report a profit and pretend their investments were sound in the first place.

Interesting that we rarely look at who lent Greece such vast quantities in the first place.

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