The real reason for Greece's problems? - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**RSAccountssy** · 11-25-2012, 02:51 AM

It seemed to be unanimously claimed that Greece fell because of "socialism", to the point that I took everyone's word for it.
But today, someone was talking and said that Greece went bankrupt, not because of socialism, but because they never should have joined the EU, but got in with help from Goldman Sachs, who somehow profited from their fall.

So I looked it up, and found that this seems to be true:

http://www.spiegel.de/international/...-a-676634.html

http://www.bloomberg.com/news/2012-0...-unravels.html

http://www.independent.co.uk/news/bu...e-6264091.html

http://www.nytimes.com/2010/02/14/bu...pagewanted=all

And apparently this same dynamic has affected our economy as well. Obviously, a multinational bank can easily take a lot of money out of the country.

So as in other issues, why don't conservatives pay more attention to the banksters? (Instead, they will blame the bottom 47% of the country for draining all the money). I see people calling this "conspiracy theory", but apparently, this bank (and some other institutions like it) have about as much power in the world as any government (it just goes about it by different means; financial legislative), but it seems governments are the only power structures they are afraid of.

I'm not saying socialism is no problem, but it seems to be true that both it and capitalism are just tool manipulated by the real power-brokers.

**Grapappytek** · 11-25-2012, 03:00 AM

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**blogforlovxr** · 11-25-2012, 03:34 AM

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**Grapappytek** · 11-25-2012, 03:42 AM

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**blogforlovxr** · 11-25-2012, 03:47 AM

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**Grapappytek** · 11-25-2012, 03:47 AM

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**blogforlovxr** · 11-25-2012, 03:52 AM

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**Grapappytek** · 11-25-2012, 03:54 AM

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**blogforlovxr** · 11-25-2012, 03:59 AM

How Goldman Sachs Helped Greece to Mask its True Debt

"But in the Greek case the US bankers devised a special kind of swap with fictional exchange rates. That enabled Greece to receive a far higher sum than the actual euro market value of 10 billion dollars or yen. In that way Goldman Sachs secretly arranged additional credit of up to $1 billion for the Greeks".
http://www.spiegel.de/international/...-a-676634.html

**Grapappytek** · 11-25-2012, 04:00 AM

Greece to Mask its True Debt

**blogforlovxr** · 11-25-2012, 04:02 AM

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11-25-2012, 02:51 AM	#1
RSAccountssy Join Date Oct 2005 Posts 363 Senior Member	The real reason for Greece's problems? It seemed to be unanimously claimed that Greece fell because of "socialism", to the point that I took everyone's word for it. But today, someone was talking and said that Greece went bankrupt, not because of socialism, but because they never should have joined the EU, but got in with help from Goldman Sachs, who somehow profited from their fall. So I looked it up, and found that this seems to be true: http://www.spiegel.de/international/...-a-676634.html http://www.bloomberg.com/news/2012-0...-unravels.html http://www.independent.co.uk/news/bu...e-6264091.html http://www.nytimes.com/2010/02/14/bu...pagewanted=all And apparently this same dynamic has affected our economy as well. Obviously, a multinational bank can easily take a lot of money out of the country. So as in other issues, why don't conservatives pay more attention to the banksters? (Instead, they will blame the bottom 47% of the country for draining all the money). I see people calling this "conspiracy theory", but apparently, this bank (and some other institutions like it) have about as much power in the world as any government (it just goes about it by different means; financial legislative), but it seems governments are the only power structures they are afraid of. I'm not saying socialism is no problem, but it seems to be true that both it and capitalism are just tool manipulated by the real power-brokers. Share Share this post on Digg Del.icio.us Technorati Twitter
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11-25-2012, 03:00 AM	#2
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11-25-2012, 03:34 AM	#3
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11-25-2012, 03:42 AM	#4
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11-25-2012, 03:47 AM	#5
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11-25-2012, 03:52 AM	#7
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11-25-2012, 03:54 AM	#8
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11-25-2012, 03:59 AM	#9
blogforlovxr Join Date Oct 2005 Posts 673 Senior Member	*How Goldman Sachs Helped Greece to Mask its True Debt* "But in the Greek case *the US bankers devised a special kind of swap with fictional exchange rates.* That enabled Greece to receive a far higher sum than the actual euro market value of 10 billion dollars or yen. In that way Goldman Sachs secretly arranged additional credit of up to $1 billion for the Greeks". http://www.spiegel.de/international/...-a-676634.html Share Share this post on Digg Del.icio.us Technorati Twitter
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11-25-2012, 04:00 AM	#10
Grapappytek Join Date Oct 2005 Posts 395 Senior Member	Greece to Mask its True Debt Share Share this post on Digg Del.icio.us Technorati Twitter
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11-25-2012, 04:02 AM	#11
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