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Economic sugar teats taste the same the world around, don't they?
Reply to @Maurice: Financial demands of countries/financial companies not met = world go poof. Once the world goes down that road, it's difficult (at best) to stop.
"Is there something in the drinking water in Greece, that affects brain cells adversely?"
Actually, there is. From first-hand knowledge I can tell you that in many parts of Greece bottled drinking water is all that is consumed because of either lack of, or poor quality of, local water.
If you have some documentation that the United States is in fact contributing significantly to Greek schools, infrastructure, or retirement, please supply your reference source.
With respect to the indirect support of Greece, or for that matter any other country (including the US) via purchase of government bonds, allow me to observe that if US financial institutions are finding themselves on the short end of the stick it has NOTHING to do with how the Greeks chose to spend their bond-derived money and EVERYTHING to do with those financial institutions using very poor judgement on who they lend their money to. Your favorite economic system at work as usual, Maurice... a liar loan is a liar loan, whether from a US wanna-be homeowner or the Greek government. Ever hear of "due diligence"?
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Actually, there is. From first-hand knowledge I can tell you that in many parts of Greece bottled drinking water is all that is consumed because of either lack of, or poor quality of, local water.
With respect to the indirect support of Greece, or for that matter any other country (including the US) via purchase of government bonds, allow me to observe that if US financial institutions are finding themselves on the short end of the stick it has NOTHING to do with how the Greeks chose to spend their bond-derived money and EVERYTHING to do with those financial institutions using very poor judgement on who they lend their money to. Your favorite economic system at work as usual, Maurice... a liar loan is a liar loan, whether from a US wanna-be homeowner or the Greek government. Ever hear of "due diligence"?