In Greek Debt Puzzle, the Game Theorists Have It

Re:In Greek Debt Puzzle, the Game Theorists Have It by calibraxis on Friday June 05, 2015 @11:24AM (#9666053)

Is it then the US's fault, for supporting the Greek dictatorship which incurred a large part of the debt? (http://en.wikipedia.org/wiki/Greek_military_junta_of_1967%E2...)

Or is it Germany's fault, because Europe wrote off most of their debt in the 1953's (despite being LITERALLY Nazis...), yet they want to savage a populace for illegitimate odious debt, as well as "payments to Greece" which actually went to French and German banks? (http://www.euronews.com/2015/04/17/chomsky-says-us-is-world-...)

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Re:In Greek Debt Puzzle, the Game Theorists Have It by Retric on Friday June 05, 2015 @11:36AM (#9666130)

Outstanding Greek debt is irrelevant. They could default tomorrow and get rid of it all.

There problem is they need to borrow more money tomorrow, because their budget is not balanced even if you ignore the debt. And if they default the money truck keeping their country afloat stops showing up.

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Re:In Greek Debt Puzzle, the Game Theorists Have It by atmosx on Friday June 05, 2015 @12:27PM (#9666372)

Do you have any numbers to back up your claim? Please supply links w/ numbers if possible.

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Re:In Greek Debt Puzzle, the Game Theorists Have It by aggronn on Friday June 05, 2015 @12:43PM (#9666473)

http://www.wsj.com/articles/greece-expects-primary-budget-su... http://finance.yahoo.com/news/greece-says-eu-imf-lenders-095...

Greece hasn't had a balanced budget in decades, and creditors don't believe that 2015 will be any different. If they can manage to actually not run a deficit in 2015, that would be a great boon for them.

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