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by Ygg2
2159 days ago
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> The difference is that a military junta doesn't give the people a choice. That's not true. Military junta gives you option. Serve us or be punished. Prison or death. EU negotiators gave Greece a choice too. Agree to our demands or we destroy your economy. Thing is, that works for Greece, since the debt was small compared to EU budget. That won't work for Italy or Spain. And if they get debt relief, when Greece didn't, there are going to be problems. |
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No. The destruction was done in decades of mismanagement by successive Greek governments.
But if you think that I agree with the bailout terms you are mistaken. Quite the contrary. I think there should have been debt relief so that Greece can make a new start.
But I reject the idea that installing a dictatorship is comparable to not granting someone debt relief or not extending new loans to them.