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Osem · 17-04-2011, 13:06

Just another manifestation of the have now, pay later (if ever) mentality that seems endemic in large parts of Europe and the west in general. Default on these loans and things will get a whole lot tougher not only for Greece but for the other countries in similar strife.

I believe we're now heading for a major rift between those whose philosophical/political with monetary union and an ever expanding EU has got us to where we are now and those who realise it can't work in its present form and are not going to carry on throwing money at it. It'd be ironic in the extreme if a union supposedly designed to bring an end to conflict in Europe actually became the cause of it but I can see it happening if things get much worse.

I don't imagine the Portuguese and Irish would be best pleased either as things could then be a whole lot tougher for them.

17-04-2011, 13:06	#6
Osem Inactive Join Date: Oct 2006 Location: Right here! Posts: 22,315	Re: Lawless Greeks Press For Default Just another manifestation of the have now, pay later (if ever) mentality that seems endemic in large parts of Europe and the west in general. Default on these loans and things will get a whole lot tougher not only for Greece but for the other countries in similar strife. I believe we're now heading for a major rift between those whose philosophical/political with monetary union and an ever expanding EU has got us to where we are now and those who realise it can't work in its present form and are not going to carry on throwing money at it. It'd be ironic in the extreme if a union supposedly designed to bring an end to conflict in Europe actually became the cause of it but I can see it happening if things get much worse. I don't imagine the Portuguese and Irish would be best pleased either as things could then be a whole lot tougher for them.