SoylentNews is people
SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.
SoylentNews
posted by
martyb
on Monday July 06 2015, @08:57AM
from the getting-what-you-asked-for-may-not-be-getting-what-you-want dept.
from the getting-what-you-asked-for-may-not-be-getting-what-you-want dept.
The Greeks voted no to the European Union's terms, despite warnings from the EU that rejecting new austerity terms would set their country on a path out of the Eurozone. 62% voted "No" while 38% voted "Yes".
Original Submission
This discussion has been archived.
No new comments can be posted.
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Fraud is the homage that force pays to reason.
-- Charles Curtis, "A Commonplace Book"
(Score: 4, Touché) by threedigits on Monday July 06 2015, @05:21PM
"I can't pay back my loans? Well that's the bank's problem, I will just walk away."
Nice attempt at analogy, but not quite accurate. Let's make a more accurate one:
Greeks: I can't pay back my loans, the economic crash (created by the banks) is killing me!
TheMan: Hurry, take this money and pay them back.
Bankers: Thanks for the fish!
Greeks: Now what?
TheMan: now you owe me more than you owed the banks before. From now on you cannot buy gas or feed your children. All your money is for paying me.
Greeks: but how will I make a living?
TheMan: that's your problem.
(Score: 0) by Anonymous Coward on Monday July 06 2015, @11:53PM
That's a very concise - and honest - summary of the situation, as I understand it.
It's coming for other countries, too - New Zealand has a right wing government that stopped paying down its national debt, started privatising anything that wasn't nailed down, and increased the national debt by more than $80 billion. There's been no diversification of its economy while the government has been eroding worker rights and trumpeting about how marvelous it is being a low wage economy, right before blaming the low wage workers for not working hard enough. (Unpaid overtime is the order of the day for minimum wage workers.)