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Re: The euro situation with debt levels and deficits......

By: ribit in FFFT3 | Recommend this post (0)
Tue, 21 Apr 15 9:07 PM | 46 view(s)
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Msg. 11800 of 65535
(This msg. is a reply to 11785 by zzstar)

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zzstar
they have cut their deficits to lower levels than the Ben France

...when ya find yourself in a hole you don't dig slower, ya stop digging. Somebody has to pay for the socialist state they have built. Todays greeks just prefer that it be their children and grandchildren. The 300 are rolling in their graves.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
The euro situation with debt levels and deficits......
By: zzstar
in FFFT3
Tue, 21 Apr 15 6:04 PM
Msg. 11785 of 65535

http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_21/04/2015_549277

The Greeks have the highest debt, but she nce the crisis begun they have cut their deficits to lower levels than the Ben France, the second biggest economy there. Which says that they did the work and took the pain in the last 5 years, but the original debt for which they are still taking on more in order to make the payments is unsustainable. You can't keep borrowing to pay your debts. Either forgive the debt or they should declare bankruptcy, exit the euro, and start from scratch. They now have a deficit that is the lowest in the euro zone, and close to the "ideal" standard set by the EU. That's what matters.


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