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4 years

EU is not afraid of Greece. It's Spain and Portugal and Italy's future elections they fear. THEY FEAR DEMOCRACY !

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Greece, Athens
10 comments
beler
ERM not really. All 3 are very close to bankruptcy
BlackOut
Democracy? Really? Another bailouts are coming and they will be in much bigger economies tban greek.
beler
Blackout the main problem here is not bailout. The root cause is the real problem. Like US morgauge crisis, banks approved credit lines to people way below a sound limit. They should never approve it in a normal world. So who is to blame here really?
BlackOut
It's complicated issue. There is no one answer, You know it. There is too much interference in the market and big corporations never face the consequences of their actions.
beler
Quite complicated
BlackOut
And of course there 2 ways to solve the problem. Less or bigger interference into the market.
beler
I prefer less, but its much much harder.
BlackOut
I agree with You. Less is better, this is the way to the very fast growth but it needs well educated society and resourceful one.
Chris
All countries are in debt and all have that due to completely wrong direction in economy. Greece ows the least and the memorandum so far proved a complete failure
BlackOut
There is no as big problem in debts as in the ability to pay the debts.
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