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by omgyeah 4845 days ago
Unlike people, countries don't disappear. They have many (natural) resources standing still on the earth. Which can be used to pay back loan.

But greed is good. I can have both the other country's natural resources and $1,000 from my citizens. Win-win for me. Lose-lose for everybody else.
1 comments
tatsuke95 4845 days ago
>"They have many (natural) resources standing still on the earth. Which can be used to pay back loan."

Like the German war reparations after WWI? That worked out well for everyone.

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moe 4844 days ago
If you feel a need to invoke Godwin you should at least try to be intellectually honest.

The citizens in the tumbling EU-nations are paying what they perceive as unfair reparations already (Justification: "You lived beyond your means" - most citizens most certainly didn't). The radicalization is already happening (cf. elections in Greece and Italy).

You make it sound like taking 6.75% out of the small guy's savings account would somehow be better than stretching out the pain or (god forbid!) claiming the wealth back from those who extracted it in the first place.

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tatsuke95 4843 days ago
Do you just wait around for people to mention Germany so you can talk about this stuff? Godwin's Law is about Hitler. So, in essence, you have invoked Godwin's Law.

Can I not talk about Germany in the historical context of WWI?

The parent comment said that these countries have resources in the ground, we can take those resources, hence these countries will always be able to pay their bills. I said that didn't work very well when we tried to force Germans to "pay the bill" after WWI; they simply inflated the currency away.

But thanks for your arrogance and lesson on intellectual honesty.

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moe 4843 days ago
Well, Godwin's Law is about "someone inevitably makes a comparison to Hitler or the Nazis" (see Wikipedia). If mentioning WWI/WWII does not qualify for you then we must have quite a different interpretation.

The argument in this thread was that there must be alternatives to the current move, such as making some of the creditors wait or default, rather than taking it out of the small guy's pocket. Discarding such alternatives for the fear of consequences that are already happening just makes no sense.

Cyprus is effectively inflating the Euro for their citizens right now, that's the whole purpose of this stunt.

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