2 ms·
This narrative of "bankers" (biehl, just look up how many times you repeat the word) is apparently popular somewhere, because it enables you to find a group of
by ptaipale 12y ago
This narrative of "bankers" (biehl, just look up how many times you repeat the word) is apparently popular somewhere, because it enables you to find a group of scapegoats who can be blamed for problems, a group about which someone can say "take their money, no one will suffer".
But it is not so simple. What is borrowed to Greece is not "bankers'" own money. It is funds belonging to institutional investors. The job of those "bankers" is to look after that money and invest it. Significant institutions include things like pension funds or other savers.
Write off the debt, who loses? It's not just some "banker"; the brunt will be carried by pension savers.