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by Uchikoma 5468 days ago
No market "manipulated" Greek dept. The Greek government took more money than they could pay back and mostly spend it on creating fake jobs in the government. The submarine deal is only 1 billion euros, this is not the reason for the hundred of billions of dept. To my knowledge this has not been payed yet. The F-16 deal is 1,5 billion euros, also not the reason for the billions of dept. Especially not"half the money."

It's plain simple, the Greek people voted for a government that took more money than they could pay back and lived great with this. I know it's easier to explain the Greek guilt away in this than face reality.

1 comments

Thanks for the reply. To be honest I am not sure about the exact amounts that went to weapons(, nor "Siemens", nor the companies participating in the "Olympic miracle") but I am sure, like you say that they only account for only one part of the debt. I also do not have the slightest intend to justify or excuse us one bit, we get what we deserve. At the very end, people are responsible for what their governments do, if they are not, they do not deserve to be called citizens and nobody will ever treat them as such. On the other hand, I see debt used as a way to extort resources all around the world, and they look strikingly similar. Look what happened in Brazil, in Argentine, in Hungary, in Turkey, in Indonesia... For sure there are reckless governments, but I believe there are institutions that capitalize on their recklessness.