To give Greece what they got
Back in 1953, the Germans, with a very crushed economy because of the Great Depression and the fact that they lost World War II, went to the US, France and Britain and said, "We can't join you as a bulwark against the Soviet Union unless you relieve us of our enormous debts." Across 1953, they had meetings in London. When those meetings concluded, here's what Germany got - 50 percent of their outstanding debt was erased and the other 50 percent of their debt was stretched out over 30 years. In effect, Germany got the relief of all of its basic indebtedness, and that enabled them to have the so-called Wirtschaftswunder.
They now refuse to give to Greece what they got. They refuse to allow Greece to have the chance to solve its economic problems. They even convinced lots of poor people that they were right and persuaded them to voluntarily give up some of the few things they had to make them even poorer and the rich even richer, so the rich could have more and more and the poor less and less.
Ted Rudow III, MA
CA, USA
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