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>>I suspect the larger economies always saw Greece as their >>'little brother' and countries like Germany had a sort of >>"Well, if we give them money, they'll
by RobertoG 10y ago
>>I suspect the larger economies always saw Greece as their >>'little brother' and countries like Germany had a sort of >>"Well, if we give them money, they'll build industry and >>catch up to us eventually,"
Do you really believe that? After all we have seen, do you think that Germany cares about the greeks? And they say Varoufakis is naive.
Greece has lost more GDP for more time that the states in the Great Depression, and you know what? there is not end in view to that. They can't do anything because they don't control their currency.
Everybody know that the debt never will be pay, but instead of facing that, they just "extend and pretend".
All the predictions of future growth from the Euro institutions and the IMF are wrong year after year, but they just keep doing the same. What was the definition of insanity again?
If you have an interest in Greece "being successful" you should check the facts again.