Greece & WW2

[cronus]

Reading the Germans applied the same sort of austerity on Ireland as Greece and can't figure the difference in outcome?

Maybe found a clue?

https://en.wikipedia.org/wiki/World_War_II_casualties

[mistermack]

Reading the Germans applied the same sort of austerity on Ireland as Greece and can't figure the difference in outcome?

Maybe found a clue?

https://en.wikipedia.org/wiki/World_War_II_casualties

Nobody has applied austerity on Greece or Ireland. Nobody can.

They did it themselves, to persuade someone to lend them money.
Greece has complete freedom to apply as little or as much austerity as it likes to itself.

What it can't do, is demand to be lent money.

[cronus]

Reading the Germans applied the same sort of austerity on Ireland as Greece and can't figure the difference in outcome?

Maybe found a clue?

https://en.wikipedia.org/wiki/World_War_II_casualties

Nobody has applied austerity on Greece or Ireland. Nobody can.

They did it themselves, to persuade someone to lend them money.
Greece has complete freedom to apply as little or as much austerity as it likes to itself.

What it can't do, is demand to be lent money.

It can with realistic leverage like the potential collapse of the Euro....ask any bank-robber?

[mistermack]

That ain't gonna happen. The EU is 500 million people. Greece is ten million.
And all of the other ''shaky'' countries are making good progress, heading in the right direction economically. A few years ago, people did have some worries about contagion, but that has gone away.
The markets are the best guide to what is likely to happen. And the answer is, very little.

[cronus]

That ain't gonna happen. The EU is 500 million people. Greece is ten million.
And all of the other ''shaky'' countries are making good progress, heading in the right direction economically. A few years ago, people did have some worries about contagion, but that has gone away.
The markets are the best guide to what is likely to happen. And the answer is, very little.

That's what I like to hear. This ship will never sink talk. Stops the lifeboats overloading on the day.

[cronus]

That ain't gonna happen. The EU is 500 million people. Greece is ten million.
And all of the other ''shaky'' countries are making good progress, heading in the right direction economically. A few years ago, people did have some worries about contagion, but that has gone away.
The markets are the best guide to what is likely to happen. And the answer is, very little.

That's what I like to hear. This ship will never sink talk. Stops the lifeboats overloading on the day.

[mistermack]

If your ship has a hole in it, it's advisable to block it up, not leave it to get bigger.

[cronus]

If your ship has a hole in it, it's advisable to block it up, not leave it to get bigger.

Except for the language barrier all should go well with Europe then....?