Greece and Spain helped postwar Germany recover. Spot the difference.
Sixty years ago, half of German war debts were cancelled to build its economy. Yet today, debt is destroying those creditors. The "strategy" in Greece, Ireland, Portugal and Spain today is to put the burden of adjustment solely on the debtor country to make its economy more competitive through mass unemployment and wage cuts.The actions of Europe's leaders are nothing short of criminal.
Added Jul 3rd, 2015 by