bicicleur 2
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"From the beginning, Merkel and the EU have operated from the position that because Greece took on debt, Greece now needs to pay it back. That position assumed — bizarrely, in hindsight — that debt only works one way: if you lend someone money, then they pay it back.
But that is NOT how free markets work.
Debt is not a guarantee of future payments in full. Rather, it is a risk that creditors take, in hopes of maybe being paid tomorrow.
The key word there is "risk.
If you're willing to take the risk, you'll get a premium — in the form of interest.
But the downside of that risk is that you lose your money. And Greece just called Germany's bluff."
http://www.businessinsider.com/greece-referendum-result-and-the-meaning-of-debt-2015-7
in commerce, if your debtor refuses to pay you will try all legal ways to collect it anyway, eventualy forcing him to pay
you certainly will not grant him a new loan, you will blacklist him
and yes, European politicians are to blaim, they never should have granted these loans to Greece in the first place
but politicians don't have to worry, it's not their money that is waisted, it's the taxpayers
you allways tell half the trueth, only the part that is convenient for you
I hope you're at least smart enough to realise that