The Mudcat Café TM
Thread #157574   Message #3719926
Posted By: McGrath of Harlow
29-Jun-15 - 08:19 PM
Thread Name: BS: Greece in meltdown? What do you think?
Subject: RE: BS: Greece in meltdown? What do you think?
The rich find ways not to pay taxes just about anywhere. The trouble with Greece is that if you're not rich you're far too poor to pay more tax, if any tax.

It's pretty daft - the way thing is heading Greece is bound to default, cancel all the debts, and in the process likely set off the collapse of the EU. Much more sensible for the debts to be cancelled. Either way they won't get paid, but that way it'd be a lot less traumatic for everyone.

It's ironic to remember that enormous German debts were written off after the war, very sensibly. Now they are hellbent on driving Greece into the ground. And of course they paid derisory amounts in reparations to Greece and the rest once they became walthy enough to pay up.

As for all that stuff about everyone paying their debts - when it comes to companies and thewealthy that doesn't appy, they just go bankrupt.