You have an amazing knack for following up stupid comments with stupider questions. No dipshit, Puerto Rico is not the same as Greece. Or Cuba. Or Rhode Island. Or Arkansas. Your analytical skills got stuck somewhere in 3rd grade. You never learned how to compare and contrast, while highlighting those similarities and differences that are relevant to the question at hand (in this case how to overcome debt crises). Sorry, but I can't fix stupid.It's quite apparent you can't fix stupid. You're still dumb as fuck.
Pay attention, dipshit. Because the Greeks never bit the bullet (on tax collection, pension reform, shrinking govt patronage, etc.) their economic downturn was longer and deeper than it would have been had they followed through on their promises. The IMF gives everyone else in the EU (banks, exporters, investors, etc.) a green light to do business in Greece again. It monitors compliance. When a country blows all its IMF targets and then elects a govt that makes a point of thumbing its nose at creditors, the money and short-term support lifelines needed to keep the economy afloat dry up very quickly. This happened just as the Greek economy was finally hitting rock bottom in 2014 and showing signs of turning up again.
Tsipras is driving the economy into the ground. He is a lying far-left ideologue who is trying to manipulate the truth about tomorrow's referendum. He will go down in flames.
. Originally Posted by lustylad
I'm quite sure you would have a different view from the inside. Tsipras is saying they will not be fucked over simply because of the position they're in, which is what Germany would like, since they hold most of the debt and would like regime change.
As for not biting the bullet, I don't know what the fuck you're talking about. They had 7 austerity packages in a little over 3 years. Government salaries were frozen, taxes were raised, pension payments were lowered, public sector employees pay was cut, bonuses were cut, retirement age increased, tax increases on alcohol, cigarettes, imported cars,etc., so I'm not sure how much more they could have bitten off.