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by NotableAlamode
3995 days ago
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Your money went mainly to your Banks, via Greece.
And if we send bread to feed the poor, you'd book that under "your money went mainly to your bakeries". It's just dishonest. Moreover, it's even factually false that the majority of the bailout money was used for bailing out banks. Only 1/3 of the credits were used for this purpose. The rest fuelled consumption in Greece, and/or was off-shored by the greek elites. your Banks
You are following Syriza's xenophobia ... always blame the germans. French banks were the biggest private debtors. |
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So French and German politicians did not want this to happen. Greece was not alone to have financial problems, Ireland, Spain and Portugal had some as well but after a long austerity cure they are now stable. But austerity just didn't work as expected in Greece.