I talk regularly to someone who lives half the year in Greece and the other half in Canada. What he says (and I assure you, he knows a helluva lot more about Greece than you do):
"Relax. It's not about American money. The issue is to get Germany to quit torturing Greece and release the funds that have already been agreed upon. If they don't, Greece will be forced to default. The only involvement of the US and the G20 is to push Germany and France before they knock the world economy off kilter.
The EU has already agreed to boost the emergency bailout fund (for Spain, Italy, Portugal, Ireland, and Greece), to $600 billion euros. And the money's there. There's a lot of money in Europe ... that's not the problem.
It's a subject I know a lot about, having followed it very closely since I live in Greece for a lot of the year.
You've been on the end of a very pointed propaganda mill for the past year as regards the economic problems of the EU and who and what is really at fault.
The EU was badly set up and is poorly managed.
Greece has been the scapegoat, despite the fact that the other countries I've mentioned are in as difficult shape.
Nothing Germany likes better than a scapegoat."
Current Events » in reply to You're missing the point.
Re: You're missing the point.
The whole thread (30 posts)
- Cain would benefit greatly from his 9-9-9 plan
- Interesting.
- I look at tax laws from a civil rights perspective.
- Re: Cain would benefit greatly from his 9-9-9 plan
- He scares me too Eri
- Note that his system taxes capital gains, just as normal income.