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Consequences of Germany Rescuing Greece again?

  1. yvens profile image60
    yvensposted 7 years ago

    What do you think will happen to the Global economy? and how many times will Germany be a business angel.  There's also Portugal and Spain who will save them and at what cost for the rest of us.

    1. Sab Oh profile image61
      Sab Ohposted 7 years ago in reply to this

      If it happens often enough it could threaten the existence of the Euro.

      1. Ashmi profile image60
        Ashmiposted 7 years ago in reply to this

        If countries like Greece and Spain are forced to pull out of the euro. The euro will strengthen, so countries like Germany and France will be better off?....I'm not an expert, just an observation.

        1. Sab Oh profile image61
          Sab Ohposted 7 years ago in reply to this

          Not really. The whole point of EU expansion has been to benefit the larger economies like France and Germany.

    2. Ashmi profile image60
      Ashmiposted 7 years ago in reply to this

      It may not be a bad idea for the Global economy to really crash and burn. It may make us wise up to what a completely unsustainable way of life we are currently enjoying.

      1. thisisoli profile image56
        thisisoliposted 7 years ago in reply to this

        It might make houseprices reasonable as well, credit fake wealth has really screwed things up!

    3. Mark Knowles profile image59
      Mark Knowlesposted 7 years ago in reply to this

      Business angel? What are you talking about? The Angel of Death maybe.

      http://www.nytimes.com/2010/03/30/world … urkey.html

      Spain already went to the trough for 60 billion Euros to keep their banks afloat and keep property prices up:

      http://internationalpropertyinvestment. … roportions

      Portugal is stone broke.

      What will happen to the global economy is any one's guess - but there can only be so much money majicked from thin air before it all falls down.

  2. Greek One profile image79
    Greek Oneposted 7 years ago

    The consequence of a loan at a reasonable (yet profitable) interest rate (if accompanied by sincere measure of financial restraint by Greece) would be to calm the out of control fears of the investment community and speculators. 

    The real question to ask is what would happen is such a loan did not come to pass

  3. Sab Oh profile image61
    Sab Ohposted 7 years ago

    If Greece is in such bad shape, why are France and Germany still pushing to finish deals selling military equipment to them?

 
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