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Spending borrowed money like candy and calling repayment oppression isn't a cultural value I care about protecting.

• vkou 9y ago
  Bankruptcy exists for a reason. If all debt were risk free, lenders would have no right to charge interest for it. Lenders who issue loans to organizations who won't ever be able to pay them off aren't a group I care very much for protecting, either. They were sophisticated investors who knew the risks. Greece is a sovereign state, and its first obligation its to its people.
  • bpodgursky 9y ago
    Yeah, I have no problem with that, they should declare bankruptcy then, and deal with the fallout. But that's not what Greece chose to do -- they accepted bailout money and continue to complain about it,
  • deleted 9y ago
    [deleted]