Incisor
Banned
- Joined
- Oct 5, 2016
- Messages
- 2,453
- Reaction score
- 533
- Gender
- Male
- Political Leaning
- Undisclosed
The bottom line is that lenders are under no obligation to keep throwing money into a black hole. That's what you guys don't seem to understand. Greece was going backwards before and they are still going backwards now. If your cousin asks you for a loan of one thousand dollars every month for years and he continually makes partial payments to pay you back, causing your bank account to go from $100,000 to $10,000, at some point you are going to say screw you or that you are not going to loan him any more money until he gets his finances in order and you know that he can actually pay you back instead of asking for more money. It is not your obligation to continually keep on loaning your cousin one thousand dollars a month with no hope of him ever really paying you back. You liberals seem to think the lenders should just keep on throwing money into that black hole.
No, no, no...you don't get to weasel your way out of this one. I said that austerity hurt Greece and you demanded I prove that it did fiscally. So I presented you with a graph showing the debt to GDP ratio (a thing you use when arguing about US debt) proving that Greece is in far worse shape fiscally than it was pre-austerity. Then you tried to move the goalposts by pretending there was some degree of austerity without even knowing what austerity is. It's a frequent pattern with you; you make a claim, it gets proven wrong, then you shift the goalposts to preserve your ego.
Yuck.