4 ms·
It's the Greek politicians who put the country in a life or death situation. Greece has had +100% of debt to GDP for decades, spending that debt on god knows wh
by antr 7y ago
It's the Greek politicians who put the country in a life or death situation. Greece has had +100% of debt to GDP for decades, spending that debt on god knows what.
It's 2012-2015, Greece is about to default on that very debt, and asks responsible countries to guarantee Greek debt... and they want the Eurogroup to guarantee it because they want to issue more debt! Issue more debt! A country that is unable to repay it's current debt!
Varoufakis, playing with people's lives and futures...
- the_why_of_y 7y agoHis position as finance minister of Greece in 2015 was that Greece should not be forced take on more debt, as it is unable to repay the debt it already holds. The position of the Eurogroup was that Greece should take on more debt. https://www.project-syndicate.org/commentary/greece-debt-restructuring-by-yanis-varoufakis-2015-07 https://www.project-syndicate.org/commentary/greece-debt-res...