In truth Germany should be the main backer, Greece would see a 2% gdp increase in next 2 years if they dropped out of euro (predicted) whereas Germany would lose roughly 15% of their gdp over 2 years if the euro disbanded
German savers’ savings being used to assist Greece. But as Quipss suggests above me, it’s in Germany’s interest, too.Anyway, the ’toon is already out of date; add Italian & Spanish (and other Eurozone) banks as of yesterday.
Seriously,How much money does Greece, Spain and Italy think the Germans have? I know it is not enough, it never is.
Some win the lottery and still go broke. Some will never be rich. Wealth does not come from spending, it is created, it is made; Like the commercial says, “We make our money the old fashion way, we EARN it.”
Like Paul says(Thessalonians2 3:14): “Don’t work, don’t eat”’ even the poor can work, I know I did.
What about inheritance? Many of the wealthy got a big hand up by their parents, then brag about being "wealth creators. Baloney! Even in the middle class, parents help kids with education, trips abroad, house payments, etc. Poor have to help parents!
Quipss almost 12 years ago
In truth Germany should be the main backer, Greece would see a 2% gdp increase in next 2 years if they dropped out of euro (predicted) whereas Germany would lose roughly 15% of their gdp over 2 years if the euro disbanded
OmqR-IV.0 almost 12 years ago
German savers’ savings being used to assist Greece. But as Quipss suggests above me, it’s in Germany’s interest, too.Anyway, the ’toon is already out of date; add Italian & Spanish (and other Eurozone) banks as of yesterday.
donotemailme almost 12 years ago
Seriously,How much money does Greece, Spain and Italy think the Germans have? I know it is not enough, it never is.
Some win the lottery and still go broke. Some will never be rich. Wealth does not come from spending, it is created, it is made; Like the commercial says, “We make our money the old fashion way, we EARN it.”
Like Paul says(Thessalonians2 3:14): “Don’t work, don’t eat”’ even the poor can work, I know I did.
Ellen Gwynne almost 12 years ago
What about inheritance? Many of the wealthy got a big hand up by their parents, then brag about being "wealth creators. Baloney! Even in the middle class, parents help kids with education, trips abroad, house payments, etc. Poor have to help parents!
ObamaIsDaMan almost 12 years ago
Well it’s the least the Germans can do after WWII.