They have just agreed to put Greece through much more misery (unemployment already at 20%) when there is so much idle cash around the globe.
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I swear, we are living through the lost chapter in Barbara Tuchman's March of Folly. Destruction through our own clumsy, greedy making.
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IMF wants Greece to have %3.5 primary surplus with ~20% unemployment. They used to do this to Malawi. There, caused famine. Here, tank EU.
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that, if you assume that the powers-that-be want the debt paid back. it's a matter of discipline (& punish), not money.
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