Re:Greeks Reject Bailout Terms
by woodpanel on Sunday July 05, 2015 @07:27PM
(#9835596)
If reason fails, wing out the Nazi-Bat.
I think the history is full of misinterpreted debts, especially Germany's (Versailles > WWII...)
But I think one basic understanding of debt should not be discredited:
There's a difference between ...
- A debt that was agreed upon by both parties in a free market (Greece defaulted on that in 2012)
- A debt that was agreed upon by both parties's representatives as an act of embezzlement - i.e. favoring Europe's banks/Greek oligarchy (Greece is about to default on that right now)
- A debt that was agreed upon by the winners of a war over a defeated country
You can say what you want about a "level playing field" not being in place when battered Greece gets to negotiate with its Creditors, but even trying to compare that with a war-looser situation is disingenuous.
I think the history is full of misinterpreted debts, especially Germany's (Versailles > WWII...)
But I think one basic understanding of debt should not be discredited:
There's a difference between ...
- A debt that was agreed upon by both parties in a free market (Greece defaulted on that in 2012)
- A debt that was agreed upon by both parties's representatives as an act of embezzlement - i.e. favoring Europe's banks/Greek oligarchy (Greece is about to default on that right now)
- A debt that was agreed upon by the winners of a war over a defeated country
You can say what you want about a "level playing field" not being in place when battered Greece gets to negotiate with its Creditors, but even trying to compare that with a war-looser situation is disingenuous.