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> That money doesn't go to the Greek people. It's used to preserve the international banking system. Stop lying. That money went to the Greek people. If the Gr
by claudius 11y ago
> That money doesn't go to the Greek people. It's used to preserve the international banking system.
Stop lying. That money went to the Greek people. If the Greek people had not squandered their income for years on ridiculous levels of social spending and had maybe considered collecting taxes, they would now not need additional loans to “preserve” their local banking system.
- leereeves 11y agoYes, bad loans were made in the past. Financial support "to Greece" now goes to the holders of those bad debts: mostly governments, the IMF, and the ECB.
- realityking 11y agoThe greek people had a choice between two bad options: Default, with all the consequences that entails or continuing loans, with all the austerity measures that come with those I won't deny that there was pressue by other EU countries, but you make it sound like as if there was no other option for the greek people.
- peterfirefly 11y agoIt also goes to sustain the unsustainable high wages and pensions in Greece, particularly for unfireable public sector workers.