Reply #13

In the discussion thread: For those who don't know what the "Greece" problem in Europe is about - here's the explanation [View all]

Response to dkf (Reply #7)

Mon Apr 9, 2012, 03:01 AM

JDPriestly (37,711 posts)

13. This kind of economic conflict lead to WWII. It could happen again.

Ordinary Greek people should not be required to sacrifice too much to pay the debt that is really owed by the very wealthy in Greece.

Other European countries manage to collect their taxes from the wealthy. In one country that I know of, the tax authorities used to actually look at the lifestyle and expenditures of people suspected of tax fraud. The Greek government could do the same thing.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum

Replies to this discussion thread

34 replies	Author	Time	Post
For those who don't know what the "Greece" problem in Europe is about - here's the explanation [View all]	Sarah Ibarruri	Apr 2012	OP
The vast majority of the bonds were exchanged for a significant haircut. This is outdated info.	dkf	Apr 2012	#1
Outdated? By how much is it outdated? Did you read the full article? nt	Sarah Ibarruri	Apr 2012	#4
The swap has gone through with CDS's triggered.	dkf	Apr 2012	#7
This kind of economic conflict lead to WWII. It could happen again.	JDPriestly	Apr 2012	#13
This kind of economic conflict did NOT lead to WWII. British and French guarantees of	coalition_unwilling	Apr 2012	#14
Yes. This kind of economic depression and class differences lead to the rise of Hitler.	JDPriestly	Apr 2012	#27
I think you are confusing chronological proximity with	coalition_unwilling	Apr 2012	#28
Having lived in Germany and Austria and having discussed this	JDPriestly	Apr 2012	#29
I would never disparage social history and its various media (such as oral	coalition_unwilling	Apr 2012	#32
Have you read The Lost City by John Gunther?	JDPriestly	Apr 2012	#33
Have not read that specific work by Gunther. I have read some of his	coalition_unwilling	Apr 2012	#34
The new Standard Strategy of the 1%	bongbong	Apr 2012	#21
As for the Greek hair stylist...	justice1	Apr 2012	#11
With no funds in govt, since they weren't collecting taxes as they ought to have been. nt	Sarah Ibarruri	Apr 2012	#20
So it's only hedge funds that are holding Greek debt? Sounds like baloney to me.	badtoworse	Apr 2012	#2
Higher sales taxes? I hope they cheat on that.	Zalatix	Apr 2012	#3
Greece has already collapsed. This is what an orderly collapse looks like.	banned from Kos	Apr 2012	#6
Greece is not the problem for the EU that they make it out to be...	Sarah Ibarruri	Apr 2012	#5
Read above...the debts are now mostly held by European taxpayers.	dkf	Apr 2012	#8
Yes and no.	badtoworse	Apr 2012	#9
The Problem Is The Solution	DallasNE	Apr 2012	#10
I'm the furthest thing from an economist the world has ever seen, however...	Sarah Ibarruri	Apr 2012	#25
The expectation of being repaid is an absolutely essential element of any lending arrangement.	badtoworse	Apr 2012	#26
Not really, Greek tax cheats are mostly the uber wealthy because they have political control.	fasttense	Apr 2012	#17
They may have a larger impact because they have more income	badtoworse	Apr 2012	#18
I completely agree. Greece has been a paradise for the mega-rich. nt	Sarah Ibarruri	Apr 2012	#22
Wasn't that the point of the CIA intervention and the Junta in '67?	leveymg	Apr 2012	#23
Same old story: the rich versus a true people's democracy, but, of course,	Sarah Ibarruri	Apr 2012	#24
Also, Greece can't be allowed to default	kenny blankenship	Apr 2012	#12
And if there's not enough thistle and roadkill, they can always fall	coalition_unwilling	Apr 2012	#15
Any debt that cannot be repaid will not be repaid, and that is a	tsuki	Apr 2012	#16
Apparently, Greece was collecting a minutiae in taxes, and that's the way the country was run -	Sarah Ibarruri	Apr 2012	#19
Greece's tax collections were not far out of line with the rest of the Eurozone.	girl gone mad	Apr 2012	#30
Could you post the chart? It was inadvertently left out. nt	Sarah Ibarruri	Apr 2012	#31

Edit History

Please login to view edit histories.