Poor Greeks: After the EU raped them for years (they only helped the banks, not the folks, but the poor people had to suffer), now the poor people invest in Bitcoin and will get eaten and raped by some greedy assholes as soon as the price hits some high values. This world is so sad and fucked up.
I find your post misleading and more negative towards the EU than necessary.
The Greek joined the EU and in 2009/2010 they came forth with the fact that their financial problems were bigger then they had previously mentioned. They had withheld information so they could join the EU.
The EU told them to get their shit together and healthy and gave them a loan of €52,900,000,000,000.
The only thing the EU asked was
- Increase VAT;
- Cut down on government salary and pensions;
- Collect taxes (Yes they weren't bothered to do that ... );
- Restructure the job market;
- Increase pension age;
Greek raped themselves by giving people high-pay government jobs and absurd pension plans.
In greece pension age is 57 whereas countries like the Netherlands it is 67.
Since the Greek refuse to clean house why would the EU throw money into that pit?!?
And why is it that the EU screwing over Greece? If they would have been upfront with their financial problems they wouldn't be allowed to join the EU.
They can leave if they want to but they will be filing bankruptcy pretty soon...
I do agree that the Greek people are getting screwed over but it's not by the EU but through their own government.
How would you help a country if not through the banking system? Banks are required to have businesses start or being run. Banks are required for people to buy houses, etc. Banks == Economy.
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ltc will probably rebound again though, if the Chinese are not done with their ponzi yet..
