Comments on: When Germany bails out Greece http://blogs.reuters.com/felix-salmon/2010/02/09/when-germany-bails-out-greece/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: bam http://blogs.reuters.com/felix-salmon/2010/02/09/when-germany-bails-out-greece/comment-page-1/#comment-11928 Thu, 11 Feb 2010 12:25:30 +0000 http://blogs.reuters.com/felix-salmon/?p=2540#comment-11928 “Greece is the Bear Stearns of Europe, seemingly too big to be allowed to falter or default, and therefore it must be bailed out somehow.”

Ah, Bear Stearns wasn’t bailed out. Nice one. Haha!

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By: Reality-Check http://blogs.reuters.com/felix-salmon/2010/02/09/when-germany-bails-out-greece/comment-page-1/#comment-11902 Wed, 10 Feb 2010 15:18:09 +0000 http://blogs.reuters.com/felix-salmon/?p=2540#comment-11902 Think of the Euro Zone as a plane crashing doing loops. Sometimes it’s up and sometimes it’s down, but the trend is downward none the less with a crash at the end.

After WW2 the US spent large sums to rebuild Germany’s infrastructure and factories while others had to go it alone. With new factories and infrastructure the German economy took off and was marveled by all who didn’t realize the free rebuild. Now Germany is in big difficulties. Its population is aging and there is no solution except immigration. Germany has traditionally not been very welcoming to immigrants unless a profit is to be made.

Now Europe is in the death spiral. The few positive indicators are outweighed by the unsolvable problems of population, pollution, private indebtedness and government weakness. This time there will be no US to bail them out. They have sent not only their jobs, but also the blueprints to China.

The future for Europe holds: higher taxes, more controls and regulation, drastic service cuts and falling living standards.

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By: SachaSingh http://blogs.reuters.com/felix-salmon/2010/02/09/when-germany-bails-out-greece/comment-page-1/#comment-11897 Wed, 10 Feb 2010 11:50:07 +0000 http://blogs.reuters.com/felix-salmon/?p=2540#comment-11897 Why should Germany help and miss the chance having of a depreciating euro?

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By: mjturner http://blogs.reuters.com/felix-salmon/2010/02/09/when-germany-bails-out-greece/comment-page-1/#comment-11895 Wed, 10 Feb 2010 09:32:21 +0000 http://blogs.reuters.com/felix-salmon/?p=2540#comment-11895 Note Greece could just default on its debt, or renegotiate it, there’s no reason one can’t do that just because one shares a single currency. So any bailout is not just about Greece, but presumably to bailout the foreign holders of Greek debt, who I imagine are often European banks.

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By: ottorock http://blogs.reuters.com/felix-salmon/2010/02/09/when-germany-bails-out-greece/comment-page-1/#comment-11892 Wed, 10 Feb 2010 00:36:28 +0000 http://blogs.reuters.com/felix-salmon/?p=2540#comment-11892 Anyone for a two tier exchange rate Euro? Works for Venezuela. (j/k)

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