Kin
New member
Frank E said:Nik the Trik said:Actually the "root" of why Greece collapsed was because idiot bankers the world over looked at the global economy like a game of craps. Bankers who, by and large, got bailed out by governments(of course, that wasn't socialism) who then took the brunt of the hit rather than let the actual effect of unfettered, free market capitalism hit their national economies. Socialist and Communist countries like Australia, China and Germany did much better through the crisis than ones with less restriction on banking like the United States and Russia.
Greece was in bad shape far before 2008....the events of 2008 just exacerbated things.
Sure. Sort of like a guy who gets beat up is in bad shape and the guy who comes along and puts two bullets in him is just "exacerbating things".