Greece Is Not Unique; Unsustainable Government Debt Has No Upside

[Fakhoury]

News URL : http://dcebrief.com/greece-is-not-unique-unsustainable-government-debt-has-no-upside/

[pereira4]

All Greece is doing is dicking around until they can't no longer sustain a cohesive society. EU is not kicking them because they can't, but they might end up leaving themselves forced by the insane pressures of debt and their own fault too (corruption everywhere).

[bimasena25]

not just Greece, this time all countries feel the global
economic retreat. However, at least the government as
parties who have financial authorities should make
appropriate monetary program

[HeroCat]

EU countries will help to Greece, so another EU country people will pay Greece debts  Largest countries, like Germany, France have enough money to cover Greece debts 

[yayayo]

EU countries will help to Greece, so another EU country people will pay Greece debts   Largest countries, like Germany, France have enough money to cover Greece debts  

They might have enough for Greece, but not for Spain and Italy. France is not in a healthy condition neither. It's Germany that is by far paying the most for the EU. The question is, will the Germans pay forever. I doubt it. If history has taught us anything about the Germans than it's that you should not interpret their current silence on the matter as approval. Trying to enslave the Germans generally doesn't work...

ya.ya.yo!

[wxa7115]

Nothing new under the sun, but I seems that more and more people are finally waking up from the matrix.

[Pab]

EU countries will help to Greece, so another EU country people will pay Greece debts   Largest countries, like Germany, France have enough money to cover Greece debts  

They might have enough for Greece, but not for Spain and Italy. France is not in a healthy condition neither. It's Germany that is by far paying the most for the EU. The question is, will the Germans pay forever. I doubt it. If history has taught us anything about the Germans than it's that you should not interpret their current silence on the matter as approval. Trying to enslave the Germans generally doesn't work...

ya.ya.yo!

Nobody were asking EU citzens for his agreement when commercial banks sold his toxic debts to EU governaments
Same like nobody were asking USAcitenswerethay have to pay 800 bln $ for commercial bankt debt

are you agree to buy Greece,USa,France,Spain ,Italy debt from your own money,but  nobody was asking
Germany doesnt pay,Germany is making money on Euro,Euro is political money,To keep EU nations in Germany hands

[johnyj]

There is a common misconception: Money issued through debt. It is mathematically impossible. Money is not debt, the money creator will never be in debt

Only those who borrow money are in debt. So when government borrow money from banks, banks will never be in debt. Every money is owed to banks, not debt

Because banks can create money as wish, so the borrowing money to pay back the debt game can continue for decades without issues. And eventually some other more serious problem will arise to cover this scam