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Forum: General Talk 10-24-2011, 03:55 AM  
New Eurozone (Greece) rescue plan emerging (?)
Posted By fisheye freak
Replies: 9
Views: 1,322
Bottom line- socialism does not work. The Germans will eventually get sick of bailing out those profligate Greeks. Angela Merckel is likely to cop a hiding next election. Generally speaking, there are too many socialist governments around the world spending the money of those who do not vote for them and encourage us to spend beyond our means. Something the economists are too stupid to point out- you can only consume what you produce. In the short term you can borrow, but eventually it must be paid back, and typically under unfavorable terms.
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