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Thread: Thousands Protest Austerity Measures in Spain and Portugal

  1. #21
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    Re: Thousands Protest Austerity Measures in Spain and Portugal

    Quote Originally Posted by Harry Guerrilla View Post
    Why would anyone want to loan them money, when someone can rationalize defaulting again, using corruption or some other excuse?
    That decision is up to the individual investors.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Thousands Protest Austerity Measures in Spain and Portugal

    Quote Originally Posted by Harry Guerrilla View Post
    Because people who borrow money have a contractual obligation to pay it back.
    You're basically saying it's ok to strategically default, because they can.

    Pretty cruddy morals there.
    No, I'm saying it's okay to strategically default because it's the only way for them to continue as a society and spur on their economy.

    Also, the politicians that borrowed that money and allocated those funds are not the same as the politicians in power now. Even so, it's the people who are being held accountable to pay those loans back.

    Also, investors need to be more careful in who they loan money to.
    Also, we need to legalize recreational drugs and prostitution.

  3. #23
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    Re: Thousands Protest Austerity Measures in Spain and Portugal

    They remind me of drug addicts going through withdrawal. Their government's can't sustain their unsustainable policies. They need to deal with that and quit acting like children.
    When the debate is lost, slander becomes the tool of the loser. -Socrates
    Tired of elections being between the lesser of two evils.

  4. #24
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    Re: Thousands Protest Austerity Measures in Spain and Portugal

    Quote Originally Posted by samsmart View Post
    No, I'm saying it's okay to strategically default because it's the only way for them to continue as a society and spur on their economy.

    Also, the politicians that borrowed that money and allocated those funds are not the same as the politicians in power now. Even so, it's the people who are being held accountable to pay those loans back.

    Also, investors need to be more careful in who they loan money to.
    The people who elected them are, generally the same.
    It's their responsibility to repay the debts.

    You're just making scape goats for the peoples fiscal imprudence.
    Putting all the responsibility on the lenders.
    They can afford to pay it back, they just don't want to.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Thousands Protest Austerity Measures in Spain and Portugal

    Quote Originally Posted by digsbe View Post
    They remind me of drug addicts going through withdrawal. Their government's can't sustain their unsustainable policies. They need to deal with that and quit acting like children.
    Which policies in particular of Spain and Portugal do you think are unsustainable?

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