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<blockquote data-quote="vantexan" data-source="post: 6126457" data-attributes="member: 24302"><p>Banks that are failing due to mismanagement or other factors aren&#039;t the same as banks loaning huge sums to a country and that country failing to pay its obligations.&nbsp; In effect Greece was taken over, put into receivership, until such time it has paid its debts off.&nbsp; You keep wanting to make the banks the bad guys in this situation.&nbsp; No, creating incredibly generous benefits for its citizens without the means to pay for it just means Greece wss being run by idealists who didn&#039;t understand economics.&nbsp; Banks wanting their money back?&nbsp; What do you expect?&nbsp; Banks aren&#039;t a government that prints money.&nbsp; They aren&#039;t in a position to forgive debt.&nbsp; Governments can&#039;t get away with that for very long either.&nbsp; You need to wake up to the reality that you can&#039;t just create utopia if you want to.&nbsp; Things come at a price.&nbsp; If you can&#039;t pay then you have to do without.</p></blockquote><p></p>

[QUOTE="vantexan, post: 6126457, member: 24302"] Banks that are failing due to mismanagement or other factors aren't the same as banks loaning huge sums to a country and that country failing to pay its obligations. In effect Greece was taken over, put into receivership, until such time it has paid its debts off. You keep wanting to make the banks the bad guys in this situation. No, creating incredibly generous benefits for its citizens without the means to pay for it just means Greece wss being run by idealists who didn't understand economics. Banks wanting their money back? What do you expect? Banks aren't a government that prints money. They aren't in a position to forgive debt. Governments can't get away with that for very long either. You need to wake up to the reality that you can't just create utopia if you want to. Things come at a price. If you can't pay then you have to do without. [/QUOTE]

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