Re:Behind Germany’s refusal to grant Greece debt relief
by coldtea on Sunday July 12, 2015 @12:16AM
(#9872565)
Nope, they play on them and manipulate them to save German banks.
It's the "too big too fail" scenario, this time with the Eurozone playing the part of the federal government. Greece plays the role of the people getting mortgages that couldn't afford to repay post bubble.
The punishment of Greece (and other countries in turn, including France) will be used to clamp down on the German population in the end and keep them accepting of austerity and neo-liberal measures of their own.
It's the "too big too fail" scenario, this time with the Eurozone playing the part of the federal government. Greece plays the role of the people getting mortgages that couldn't afford to repay post bubble.
The punishment of Greece (and other countries in turn, including France) will be used to clamp down on the German population in the end and keep them accepting of austerity and neo-liberal measures of their own.