Forgive them their debts

Greece is in distress. It is in great difficulty, with no money, no government and very little hope. It has taken much in the past ten years, taken from nations that were willing to lend to it, and directed its economic policy to suit the demands of those pursuing a dream of European unification. It has gorged on the money it borrowed, without being able to create wealth from its debts.

As a result its people are now growing hungry. From afar the rest of its European brethren watch. Many complain about the profligacy of Greece, and how nations should pay what they owe, without a thought of what we owe the Greeks. We have seized their ideas, their science, their philosophy and even their games, and turned them into vast centres of profits for ourselves. These things did not come with a price tag or subject to a royalty.

Yes, the Greeks may have walked into the furnace partly of their own volition but in part Europe directed them there, with false promises of a land of plenty. Money lost goes somewhere, usually into the hands of the rich the powerful and the financiers. It is time to require those to forgive the Greeks their debts.

6 Responses

  1. I think the economy of Greece is in the position of being downbeat and so fixed assets are becoming devalued there is no cash flow, there is an increase of unemployment. This also has happened in the UK at times in the 80’s 90’s where house prices were stagnant and at times going downwards, this is a self fulfilling prophecy a downward spiral. So maybe in a few years time Greece and Athens its most populated City will become a boomtown again. Also the major problem is not that Greeks are lazy at all as the common misconception actually hey are just generally relaxed culturally. Greeks work more hours per week than their European cousins in Other EU countries. The problem is inefficiency lack of technology infrastructure. The Greeks are intelligent and hard working. It is pointless to deny a generation of young people access to computers and education and sufficient diet because their countries government business’s got into debt. I think the Greece Olympic games did not help. Some of the infrastructure paid for by loans such as the beautiful white marble cool Athens underground should serve Greece Well. Given that Athens is so densely populated it ought to help its citizens to move more quickly and easily. Athens New airport as well ought to be of great advantage to the country. This all takes time to be of use and a problematic Global economy has hurt Greece.

    Maybe this often used story can help Greece.

    Economic recovery :

    “…It is a slow day in the small Minnesota town of Marshall , and streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit. A rich tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night. As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Farmer’s Co-op. The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services” on credit. The hooker rushes to the hotel and pays off her room bill with the hotel owner. The hotel proprietor then places the $100 back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves town. No one produced anything. No one earned anything… However, the whole town is now out of debt and now looks to the future with a lot more optimism. And that, ladies and gentlemen, is how the United States government is conducting business today…” ? !

    My message to the EU is let Greece to breathe. My message to the Greek people is stop beating up on yourselves. Focus once again upon your warm welcomes to the many tourist who come to wonder at your amazing a rich history. The strength will come from the Greek people themselves not their government.

    I am off to the Supermarket to buy some Olives, Olive oil, Feta Cheese etc

    • The motel owner is $100 poorer so he will again have to seek credit from the butcher …….ad infinitum (sorry that’s latin)

    • That is how it is in the real world. Now if they paid with fake money instead of borrowing it…

  2. Greece:

    “If you think you are beaten, you are,
    If you think you dare not, you don’t
    If you’d like to win, but think you can’t,
    It’s almost a certain you won’t.

    If you think you’ll lose, you’ve lost
    For out in the world we find,
    Success being with a fellow’s will-
    It’s all in the state of mind.

    If you think you’re outclassed, you are,
    You’ve got to think high to rise.
    You’ve got to be sure of yourself before
    You can ever win a prize.

    Life’s battles don’t always go
    To the stronger or faster man,
    But soon or late the man who wins
    Is the one WHO THINKS HE CAN!”

    By Walter D. Wintle

    It is now the time for Greece to stand up again and start winning and become the number one it so deserves to be.

  3. When one sees the brand new and empty cities in China and grasps why they are there in advance, we wil see why the west is being dissasembled, go study folks because the evidence will become known over the next decade or so.

    There is a good explanation here for free

    The further you fund this model the sooner and longer it will happen.

  4. You are both so so wrong! The moral of the story is the local prostitute needs to work harder to keep that economy moving and growing! If that local prostitute works hard enough the hotel owner could own a nice new Mercedes by the end of the year.Tangible/Intangible!

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