Alexis Tsipras' "open letter" to German citizens
- Thread starter Tsing Tao
- Start date
I'll be happy being civil when those who post to me are civil. You don't like it, there's always the ignore function (again)!
Hey look! Another double post.
Ok, to clarify, you believe that when the money was originally lent out, it was believed it would be repaid, but somewhere down the line from that point, the realization dawned that there was no way it would be repaid because the Greeks would never implement the required austerity.
Is that accurate?
That is entirely accurate and has been my stance all along. And to clarify, that money was from the beginning earmarked to satisfy the debt by Greece that came due at that time and a big chunk of that debt was owed to financial institutions and european sovereigns, something all Greeks were 100% aware of at that time. To cry foul now and claiming that it was a trick or backdoor financing or that anyone was unaware that a large chunk (if not all) of the bailout was to satisfy outstanding debt is disingenuous if not outright pretentious.
And yes, I have always made clear and pointed to the facts how Greece increasingly got caught in its web of lies and that it became more and more apparent that Greeks were more interested in gaming the European subsidy system and belief by other nations in one of the longest-standing unions originally established to promote peace (which to a large degree exactly delivered what it promised) than in working out their poor productivity and how they want to revert back to a positive economic trajectory. Over time most everyone lost trust in Greece and its people. Travel wherever you want in Europe and you will even hear from Spaniards and Italians who believe that Greeks are cheats. You can't ignore sentiment and you can't ignore the damage Greeks have done to their nation and reputation. So yes, with the current Greek attitude towards austerity a lot of hopes have been dampened that Greece is willing to repay its debt. You should keep in mind that Greek has one of the longest durations of outstanding debt among many European nations. We are not talking 5-10 years but 30-40 years of some of the issues' longer maturities.
Given you ask for clarification now basically means you did not get the point in any of my prior posts. Ask if you do not understand something, has nothing to do with English language skills.
And yes, I have always made clear and pointed to the facts how Greece increasingly got caught in its web of lies and that it became more and more apparent that Greeks were more interested in gaming the European subsidy system and belief by other nations in one of the longest-standing unions originally established to promote peace (which to a large degree exactly delivered what it promised) than in working out their poor productivity and how they want to revert back to a positive economic trajectory. Over time most everyone lost trust in Greece and its people. Travel wherever you want in Europe and you will even hear from Spaniards and Italians who believe that Greeks are cheats. You can't ignore sentiment and you can't ignore the damage Greeks have done to their nation and reputation. So yes, with the current Greek attitude towards austerity a lot of hopes have been dampened that Greece is willing to repay its debt. You should keep in mind that Greek has one of the longest durations of outstanding debt among many European nations. We are not talking 5-10 years but 30-40 years of some of the issues' longer maturities.
Given you ask for clarification now basically means you did not get the point in any of my prior posts. Ask if you do not understand something, has nothing to do with English language skills.
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I think you should all put Martinghoul on ignore, since he showed up in this thread, it almost looks like an intelligent conversation 
Watched 300, the sequel, today on the plane - greeks must get in trance when they watch it. The last standing ( or napping) heroes against the foreign hordes
Watched 300, the sequel, today on the plane - greeks must get in trance when they watch it. The last standing ( or napping) heroes against the foreign hordes
There has been public polling on the topics but I can't find any links at the moment. I'm originally from the Eurozone, English isn't my first language either but what you said came out as whiny, you weren't necessarily whining. I already like where this conversation is going, lol.
Thank you for the long-winded clarification. So given that no one believes the debt can be repaid now, the charade I refer to is keeping the bailout alive without any renegotiation. If everyone is indeed aware that it cannot (or will not, take your pick) be repaid, then any attempt to continue it without writing it down or changing the terms is keeping the charade alive.
I think you should all put Martinghoul on ignore, since he showed up in this thread, it almost looks like an intelligent conversation
Watched 300, the sequel, today on the plane - greeks must get in trance when they watch it. The last standing ( or napping) heroes against the foreign hordes
I can talk with the ghoul as long as he's not being a Fed apologist!
Ok, so we'll accept your information on anecdotal evidence basis. Incidentally, I don't care if you're making anecdotal observations (I happen to agree with your view on that) but you can't go all militant and crazy when I make an observation that is also anecdotal.
If something I said came out as whiny to you, which usually implies audible clues (on text) then we'll just chalk it up to misunderstanding. Some of you folks have seemed whiny to me too, but it was probably a misunderstanding as well.
Well, I ain't the Almighty... I have no way of knowing what happens, regardless of what everyone wants.