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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by imtringued on Sunday April 14, 2024 @03:56AM (#40029477)
Greek austerity imposed by Germans had resulted in the doubling of debt as percentage of GDP.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by Rinzler89 on Sunday April 14, 2024 @06:30AM (#40030140)
Which Germans imposed Greek austerity? AFAIK Greek austerity was imposed by Greece's major creditors, but Germany was only one of many.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by buran77 on Sunday April 14, 2024 @07:11AM (#40030303)
Between Brussels and Frankfurt (EU institutions I mean) the general consensus was that the Greek situation was more akin to loansharking than anything else. And Germany was undeniably the largest driving factor behind this approach, and the country that most benefited from it.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by Rinzler89 on Sunday April 14, 2024 @07:33AM (#40030383)
But what was the better alternative for Greece?