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by wobbleblob 3774 days ago
Maybe he can propose to sell some of the German islands to cover the bailout.
1 comments

And then let Greece pay for the bailout! Good idea. We get rid of Sylt, and Greece has to pay.
Actually Greece has in a way already paid for a bailout of DB (+ other German & French banks). Just before the (famous?) PSI[1], the Greek state (through retirement funds, universities & other public and semi-public institutions) bought off a lot of (Greek) government bonds from these banks. Then the haircut happened. So instead for these banks to suffer the losses, they were moved to the taxpayer.

[1] https://en.wikipedia.org/wiki/Private_sector_involvement