Alexis Tsipras' "open letter" to German citizens

[Tsing Tao]

You being their poster boy and now smirking at their attitudes makes you look like an ass clown. That's the only lol that comes to my mind. Lol!

How about the lol that comes from all the crap you make up? LOL!

Poster boy for Greece? Should I call you the poster boy for the nazi party for the racial/nationalistic comments and the antisemitism hints?

 

[Martinghoul]

And to move the debt responsibility to...where? The taxpayer? Someone owns the debt. Who?

If it is not going to be repaid, and everyone knows this, then to pretend it will be repaid is...for lack of a better word, a charade.

The European taxpayers collectively own a lot of the original debt (through the EFSF, ECB etc). In fact, only 10% of the €300bn or so owed by Greece is in private hands. Some is owed to the IMF, so the US taxpayer is on the hook for a wee bit as well.

 

[Tsing Tao]

The European taxpayers collectively own a lot of the original debt (through the EFSF, ECB etc). In fact, only 10% of the €300bn or so owed by Greece is in private hands. Some is owed to the IMF, so the US taxpayer is on the hook for a wee bit as well.

Of the share the European taxpayers own, is it equally divided across all countries?

 

[Martinghoul]

Of the share the European taxpayers own, is it equally divided across all countries?

Ha, that's kind of a bazillion dollar question. In theory, and I stress that this is just theory, the majority is probably apportioned according to ECB's capital key, which is roughly based on countries' respective shares of Eurozone population and GDP. Obviously, nobody has a clue abt what might happen in practice.

 

[Tsing Tao]

Ha, that's kind of a bazillion dollar question. In theory, and I stress that this is just theory, the majority is probably apportioned according to ECB's capital key, which is roughly based on countries' respective shares of Eurozone population and GDP. Obviously, nobody has a clue abt what might happen in practice.

So probably Germany is on the hook for the lion's share.

 

[Tsing Tao]

 

[justrading]

I think you should all put Martinghoul on ignore, since he showed up in this thread, it almost looks like an intelligent conversation

Given the immediate calming effect he had here, I was going to suggest he give Ukraine a go.

 

[Visaria]

Germany is acting in a fascist manner. What is a fascist? An entity that lets you own an asset e.g. a factory but tells you what to do with it e.g. don't make toys, make guns. If you do not comply then they confiscate the factory.

So imho, Germany is now a fascist country. It doesn't want to own Greece, but it is telling them what to do. If they don't do it, they'll be booted out the eurozone (sort of like being the factory being confiscated).

 

[i am nobody]

Germany is acting in a fascist manner. What is a fascist? An entity that lets you own an asset e.g. a factory but tells you what to do with it e.g. don't make toys, make guns. If you do not comply then they confiscate the factory.

So imho, Germany is now a fascist country. It doesn't want to own Greece, but it is telling them what to do. If they don't do it, they'll be booted out the eurozone (sort of like being the factory being confiscated).

If you take a loan at the bank, the bank will tell you what the rules are. You can take the loan and follow the rules, or you can refuse the loan and stay free to choose anything you like.

Germany did not give assets to Greece. A lot of countries, including Germany, gave a loan to Greece. Greece took the loan and accepted the conditions. It was their free choice.

Fascism is a dictatorial system. One party is imposing things against the will of other parties. Greece was free to choose: take this loan or not take it. Nobody forced them to do something they didn't wanted to do.

Probably the next posting will be about nazi's.

If you make a trade and lose money; will you cry and tell that somebody else made a mistake and should not have let you make that trade?

I am not German, but you surely neither, that's very clear.

 

[Visaria]

but germany is imposing things against the will of greece...greece is not being told to take it or leave it, more like if you don't take it, you will be booted out