Quote:
Originally Posted by WTF
Just because you have your panties in a wad over Greece's debt does not mean that many of us do not see it for what it is....which does appear to be a bad bet on loans to Greece. That is what lending money is all about dicklicker. Did you access the risk proberly or not? The banks appear not to have! Why are you having so much trouble with that fact?
Can the EU make Greece pay? Are you for war over this civil dispute?
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Most people I know don't try to "access" risk, lol. Do I need a probe in order to "access" it "proberly"? Can you take the shit out of your mouth before you talk to us?
You said the EU is being as tough as Rocco down at the docks with the baseball bat in trying to "collect" their loans. The truth is the opposite. EU creditors have already given Greece truckloads of debt relief by pushing out maturity dates by 30+ years, lowering interest rates and even deferring interest payments. Does that sound like Rocco to you?
So the EU isn't trying to "make Greece pay". They're asking Greece to help itself by reforming its economy so it doesn't have to keep borrowing more and more just to fund current consumption. If the Greeks do this, then the EU will extend new loans - of which a portion will be used to stay current on the debt that hasn't already been rescheduled.
And spare us the hyperbole about going to war, Rocco. Greece is free to leave the Eurozone if it chooses. It would be a bad choice since it would lead to more economic and political instability and lower living standards versus the rest of Europe. But nobody will stop them.
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