It's a bit much to talk about debts owed to German banks, when the bigger German debt owed to Greece Archived Message
Posted by sashimi on March 23, 2019, 5:36 pm, in reply to "Rather like the Trident shite over here, I very much doubt that the Greek people wanted German subs "
as WW2 reparations was written off after German reunification. The EU is all about imposing Austerity. (quote=Mark Blyth) Because there they went for Austerity on steroids, to restore confidence. Well, they lost 30% of consumption in the economy, nearly 30% of GDP, 20% cut in consumptive spending... So, there's no real reason to do this, other than the fact that you want someone else to pay for your mistakes which is really what it's all about. (/quote) Mark Blyth - Austerity, Europe and the Euro:
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