4 ms·

I don't buy that excuse. Everyone knew the Greeks are very corrupt, and one feature of corrupt governments everywhere is they fake their economic numbers. So t

I don't buy that excuse. Everyone knew the Greeks are very corrupt, and one feature of corrupt governments everywhere is they fake their economic numbers. So the lenders really should have looked deeper. They didn't because they knew the EU would bail them out.

timthelion 9y ago
Some of the lenders actually helped them cook the books [1] . And I wasn't excusing the lenders, I was excusing the citizens. How are the citizens supposed to make informed decisions when they are getting fabricated numbers? [1] https://www.thenation.com/article/goldmans-greek-gambit/ https://www.thenation.com/article/goldmans-greek-gambit/