Greece’s secret loan from Goldman Sachs was a costly mistake from the start.
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- So what? No one obliged these countries to buy German goods. Are we to criticise Germany because they produce goods that people want to buy?
As for the deficits, Germany isn't responsible for fiscal policy of these countries. Although, frankly, I hope they actually do get some amount of control via EU institutions.Mar 6, 2012
- Everyone wants to twist arms to convince others to buy their military hardware. This is just realpolitik. But in the end, Greece is responsible for its own fiscal policy. It's time to stop blaming the Germans. No one likes to see Greece hurting like this but its time they started looking at their own politicians and governance.Mar 6, 2012
- So... since Goldman Sachs seems to be at the center of all this... let's give them a fair trial, they will likely be convicted... we declare all their money to be ill-gotten gains... declare their corporation in-valid based on fraud, take it all back and split it among the people and countries they ripped off. Why are we still catering to these clowns?
Everyone should read "confessions of an economic hit man" tells the whole story of how the U.S. controls events through debt.Mar 6, 2012
- - you remind me that I need to finish Taibbi's "Griftopia."Mar 6, 2012
- Sad storyMar 6, 2012