taichiliberal
Rookie
- Aug 11, 2010
- 3,517
- 239
Most of Europe and Greece have a kind of socialist or quasi socialist healthcare system that pays for pretty much everything getting people to give something like that up is next to impossible. The problem as Europe and Greece has shown is they are not sustainable sooner or later the people paying into the system are out paced by those collecting from it and it goes deeper and deeper into the red until it has to be bailed out or collaspes.
Wrong. What screwed Greece's economy was having the likes of Goldman Sach's fudge the books for it's admittance into the EU....and let's not forget all those American banks that mixed toxic packages of housing loans with their stable loans and then sold them on the international market.
That's why Greece is bankrupt?
Because Goldman lied?
Because Greece was admitted into the EU?
Or because Greece spends too much? LOL!
Get your head out of Limbaugh's ass and READ CAREFULLY AND COMPREHENSIVELY what I wrote, chuckles.
But since you're too dense, let me dumb it down for you: Greece's financial state should have made it non-applicable to the EU....but with a little help from Goldman Sachs, they got in....which essentially made them a grave risk to the EU market.
The EU bought into the toxic packages that our banks were putting on the market a'la the housing loan debacle...so when that bubble burst, the EU suffered as well, and Greece being a weak link to begin with, went down.
Do some honest homework to verify what I'm saying, chuckles....because I'm damned tired of doing the legwork for willfully ignorant jokers like you.