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Re:Yanis Varoufakis' first interview since resigning by mhd on Monday July 13, 2015 @08:32AM (#9877706)
I still don't see that as "in Greeces' position", unless you're really just focusing on the debt as a solitary data point without giving heed to the other circumstances. Bad loans and fiscal irresponsibility isn't really the same as the fallout from a war.

But that has been debated again and again before and is basically the center of the whole brouhaha: Germany's debtors back then thought that after the debt relief it would become financially stable on its own. And that doesn't seem to be the case now with Tsipras' Greece -- and Schäuble doesn't seem to be the only one with that opinion.

Re:Yanis Varoufakis' first interview since resigning by fit2rule on Monday July 13, 2015 @11:41AM (#9878809)
Germany had fought two wars and destroyed Europe. It did more damage to the world than Greece is doing - or has the potential to do - here and now. Bad loans and fiscal irresponsibility was very definitely a key factor in how Germany managed to get into that position - yet Germany was granted clemency and 50%+ of its debt was relieved. Its economy rebounded and it is now a major European power.

Why is this not good enough for the Greek people, who have not destroyed Europe in two major wars, have not enacted a hateful ideology across the lands? Certainly, there should be some 'punishment' for Greek fiscal dishonesty - certainly, there should be 'repercussions' for screwing around with the worlds' economy - but why do the punishments and repercussions not match the deed, relative to that granted the prosecutors of action (Germany) in this case?

The answer is: this is economic warfare. Germany is at it again, albeit this time with bad loans and unfair negotiation instead of blitzkrieg and racial cleansing. Much attention should be being paid to the un-yielding position of a country which should know better than to deny economic relief to a large citizenry who need it badly. This is, after all, the basis of Germanys' own "miraculous" recovery after it nearly destroyed the world.

Debt relief is the only answer, and in a just world - not one dominated and ruled by unelected authorities with illegal powers - this is what would be happening for the Greek people, and indeed all of Europe. But because people don't realize that Europe is ruled by an autocratic, fascist, unelected oligarchy, the correct action: letting the banks fail, and fail utterly - is not being done.

Re:Yanis Varoufakis' first interview since resigning by jugad on Monday July 13, 2015 @05:32PM (#9881271)
Fair enough.

Until when should Europe (Germany, France, etc) keep bailing out Greece. They did it for the last few years. The answer should not be "indefinitely". In fact, doing it more than 3 times is impossible... the trust is completely gone. After that, its just charity.

Re:Yanis Varoufakis' first interview since resigning by fit2rule on Tuesday July 14, 2015 @01:27AM (#9883044)
What does 'bailing out' mean to you - give Greece more loans? That is all that has happened - the hole was dug deeper. Debt relief is not the same thing.
Re:Yanis Varoufakis' first interview since resigning by AnimalMuppet on Monday July 13, 2015 @03:10PM (#9880310)
You wrote a long post in response to mhd, but you totally failed to address the point. To remind you:

> Germany's debtors back then thought that after the debt relief it would become financially stable on its own. And that doesn't seem to be the case now with Tsipras' Greece -- and Schäuble doesn't seem to be the only one with that opinion.

All this rhetoric about how evil Germany was in the wars (and, yes, they were), and how much damage they did (and, yes, they did) is not the point. Throwing around charges of economic warfare and claiming that "Germany is at it again" completely misses the point. Accusing Europe's leaders of being illegitimate and fascist misses the point. Once more, the point is this: If Greece were given the same help at this time, it seems very unlikely that Greece would become financially stable. The rest of Europe is unwilling to pay for what they perceive as low odds of success.

Re:Yanis Varoufakis' first interview since resigning by fit2rule on Tuesday July 14, 2015 @01:26AM (#9883043)
There is a huge difference between granting Greece debt relief, and granting Greece more debt. So far, the only thing that is happening is the latter.