EnMasse

[cco]

[6079_Smith_W]

Oh I don't know, I think if Germany didn't understand that in 1919, they sure got it by the time people were starving to death shortly thereafter.
Nobody did a damned thing when they were reduced to printing 10 Billion Mark notes on toilet paper... except invade, because the paper was worthless for paying their war debt:
http://en.wikipedia.org/wiki/Occupation_of_the_Ruhr

One could just as easily have made this same point in 1939 about those calling the shots at Versailles 20 years earlier.

Not that I think Canada should be helping with that bailout, But when it comes to learning lessons I think the Germans have done a little better than some other prominent European nations.

[Fidel]

The "bailouts" are only meant to prop-up the bankers bad gambling debts. No money actually goes to Greece for investing in infrastructure or social spending - it's a round-trip cash infusion from EU banks to Greek banks for the sole purpose of propping up banksterism for the sake of banksterism. And Goldman Sachs promised to insure any debt default claims against Greece, and now Goldman doesn't wanto pay up. Goldman is a crime gang, and so are BoA, Citigroup, German banks, Dutch, French and other European banks.

Does Germany Owe Greece $95 Billion from WW II? 2011

The solution is not more "Quantitative Easing" a la 1920's Germany and Weimar. The solution is debt forgiveness in the same way Germany's WW II reparations were forgiven and debt slate wiped clean. German and EU banksters want to do to Greece what the French, British, American etc banksters did to Germany with Versailles. Perhaps they are hoping for the equivalent of a Greek Hitler to appear on the scene and start promising jobs galore and prosperity by Keynesian-militarism.

The solution is not to strangle Greek and other economies with austerity and piling on more debt in the style and manner of Versailles Treaty. Economists have a saying that says debts that can not be paid, won't be. They are only putting off the inevitable by propping up banksters gambling debts and tens of trillions of dollars in worthless IOU's floating around the world. They are bad gambling debts, and I don't think banksters are going to pay them.
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Democracy should more appropriately be referred to as Corporatism because it is a merger of state and corporate power. - George Washington