Bailouts = more and more loans which Greeks can't pay back.
They will be made to pay them back with their assets - water, electricity, land. Banks and corporations will own Greece.
The more loans they get the worse it is for them. More austerity is like getting blood from a stone.
And Greece is the tip of the iceberg. Italy and Spain are much bigger economies.
- Forums
- Economics
- papandreou's reason for a referundum
papandreou's reason for a referundum, page-6
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)