Re:Thomas Piketty: “Germany has never repaid.”
by danieltillett on Monday July 06, 2015 @02:41AM
(#9837211)
Every debt has a lender and a borrower and the borrower does not force the lender to lend.
At this point it is pretty clear that Greece can never pay off the debt which is just another way of saying that they should never have been lent the money in the first place. Write off the debt and vow to never lend the Greek state any money ever again. Both sides are at fault here.
At this point it is pretty clear that Greece can never pay off the debt which is just another way of saying that they should never have been lent the money in the first place. Write off the debt and vow to never lend the Greek state any money ever again. Both sides are at fault here.