Monday, July 6, 2015

Opinions On Greece Debt Crisis

The Greek situation is what happens when Liberal Socialist politicians take control of a country. Look at Venezuela, for instance, and their economy. Like Greece, unemployment is high; at least Venezuela has oil to sell. And it is still in economic distress. The "laws of economics" remain in full force, and no politician has, or will be able, to repeal or even modify them. Either Greece must come up with a plan that will allow repayment of the existing debt, or sink. "Throwing goods money after bad" is not a viable solution for the rest of Europe. When Greece did not pay their loan payment last Tuesday? where is that "not spent" money? They refused a debt. So they should have lots of money and nowhere to spend it. Where is that "lost money"? Where is the real - hard money that the pensioners paid in day by day, month by month, year by year out of paychecks with real cash? Where is all that money? Before everybody announces another "bank holiday"? how about giving everybody back the money that is theirs - that was never agreed to become security on loans they never agreed to and did not want. Where is their money? Erase the fake "interest-laden" loan papers? where are the millions in real cash paid to the pension fund? If the EU "tapped the till" and took the real money and now want to pretend there wasn't any? where there was - very real money. The whole world watches the EU become more and more "red-faced" as they are seen as the snitches who took money not theirs, faked interest loans on it but never "secured" the real money back to the lenders? The lenders of all that real money are supposed to get it back. Germany? can pretend the real money is "forfeit"? why? because Germany wants it? That's not good enough. I wish we could dissolve the IMF, or at least not use US taxpayer money to fund it. The IMF is just another left wing organization - and the IMF makes ridiculous mistakes not only regarding the countries it lends to but also by not placing more effective fiscal terms on borrowing nations. Whatever happens, I hope massive rioting and bloodshed will be involved and broadcast on the internet to provide me with maximum entertainment.

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