ext_190175 ([identity profile] real-aardvark.livejournal.com) wrote in [personal profile] peterbirks 2010-01-13 07:25 pm (UTC)

Re: Money and Politics

I'll take you up on that bet, Geoff.

The Germans have been backing an insolvent Greece up for quite a while, now. Hell, even letting them in to the EU on that silly 3% rule was absurd in the first place. (Incidentally, the Germans pulled the same trick with the Irish in the early 1990s. I've no real clue why. Something for future historians to ponder.)

There's a decent sized amount of wonga floating around in internal EU finance to keep Greece on its feet for a few years yet; indeed, enough to create a "moral hazard." Feel free to be a bunch of work-shy vicious xenophobic street-fighting retards ...

... so long as you're not that keen on the Turks. Echt Deutsch, aber auch Hellenisch.

I'll take practically any bet you care to make on Turkey/Northern Cyprus.

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