Greece was never bailed out. They bailed out German & French banks, who held Greek debt. This stabilized Germany & Frances economies post crisis, while the Greek ppl were punished w severe cuts and forced to run a fiscal surplus. They never saw the money.
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It DID happen to the USA. Several times over. Leaving the well placed and filthy rich even richer. The latest fiasco is what triggered financial chaos around the globe, to varying degrees.
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