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LeoMarr posted:so Austerity works if people are austere in a sense. But greek people still live in the city state mindset and dont work towards a common goal? Stop it. As other people said, Germany hasn't had any significant austerity at all. Plus their economy is export base and the reason these southern countries took on so many debts is because Germany (and others) boosted the economy , so that people in the eurozone could buy German exports getting the cash back in their economy. Result: Germany has a huge trade surplus when the crisis hit. Greece in particular has major problems of corruption and clientelism, but it was all good with Germany when the times where good. (Plus it helped Germany by lowering the value of the Euro and giving them an edge export wise.) So stop it with the "Southern retards, lazy swarthy bums" vs the "industrious Germans and their protestant work ethic". If everyone behaves like Germany, nobody imports anything, and Germany can't export. My debts are your assets and vice-vers. My expenditures are your income and vice-versa. Edit: (In the same vein, see Veskit's response above and below). ponfed fucked around with this message at 03:03 on Jul 16, 2015 |
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Jul 16, 2015 02:50
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