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Author Topic: Is this a vision of our near future?  (Read 1407 times)

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cem_devecioglu

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Re: Is this a vision of our near future?
« Reply #15 on: 05 May 2010, 22:27:15 »

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Cem, I know about the surreptitious efforts to disguise the Greek debt, but the point I am making is that the debt existed first...before the attempts to hide it. And that debt came about because of Greece's membership of the EU.
 :y

Nickbat, as you already pointed out the reason for debt is consumption exceeding production .. Which is also true for many countries..But the system imposes this.. As a general rule, you are given a credit and you are forced to accept some rules which causes further drop in national production..Unfortunately same game is also played here and there for 50 years.. And I'm sure you know this..

What can I say further :-/
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