# Greece is a mess, yes, but that's not the whole story, you racists

**URL:** <https://boards.straightdope.com/t/greece-is-a-mess-yes-but-thats-not-the-whole-story-you-racists/711374>\
**Category:** The BBQ Pit\
**Created:** [January 30, 2015, 9:32pm UTC](https://boards.straightdope.com/t/greece-is-a-mess-yes-but-thats-not-the-whole-story-you-racists/711374 "2015-01-30T21:32:49Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![foolsguinea](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/foolsguinea/32/14751_2.png) [@foolsguinea](https://boards.straightdope.com/u/foolsguinea)\
**Post date:** [January 30, 2015, 9:38pm UTC](https://boards.straightdope.com/t/greece-is-a-mess-yes-but-thats-not-the-whole-story-you-racists/711374/2 "2015-01-30T21:38:52Z")

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As I said in the GD thread:

> [@Anti-Austerity Party Wins in Greece: Will Greece Leave the Euro?](https://boards.straightdope.com/t/anti-austerity-party-wins-in-greece-will-greece-leave-the-euro/710909/128):
>
> Payments (outflows) require income (inflows). It gets worse than that in interactions between a lender from a rich country and major investment projects in a poor country. The poor country can get totally screwed over.
> 
> German banks got into these relationships.
> 
> See, I actually studied the S&L collapse in the USA in the 1980’s. The temptation to make bad loans is there for many of us.
> 
> And it looks like Greece had politicians willing to put other people on the hook for what they borrowed, but it took German participation for make it happen.
> 
> The Greek people are being blamed for a bad deal made by elites in both countries. That is unfair.

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