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I think that Euro is a disaster of a currency that no sane economist would have ever approved before an actual political and economic unification of Europe so the only logical assumption that I can make is that they wanted this.
The problem with this was goldman sacs helping the government cook the books to make greece look attractive to the economists when this whole plan was being written out.
here is an article from 2003 which called out the deals as janky at best and corrupt at worst.
[+]Guerilla0 points2 points2 points
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[–]Guerilla0 points
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The scumbags at Goldmann Sachs did create a problem but the main problem is euro; Italy, Ireland, Spain and eventually France have the exact same problems and austerity makde matters even worse. Not to mention that EU already knew everything about the scam and purposely played dumb.
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[–] abear 0 points 1 point 1 point (+1|-0) ago
The problem with this was goldman sacs helping the government cook the books to make greece look attractive to the economists when this whole plan was being written out.
here is an article from 2003 which called out the deals as janky at best and corrupt at worst.
[–] Guerilla 0 points 2 points 2 points (+2|-0) ago (edited ago)
The scumbags at Goldmann Sachs did create a problem but the main problem is euro; Italy, Ireland, Spain and eventually France have the exact same problems and austerity makde matters even worse. Not to mention that EU already knew everything about the scam and purposely played dumb.