Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Frank Schnittger:
You can't at the same time flay the Greeks for borrowing both too much and too little.

I am not so sure of that. We are longing for the good old times when we could invest in Bundesschatzbriefe and they carried good interest while lauding the debt brake and the black zero, too. We are beyond logic, I think. If we weren't, it would necessarily be time for something drastic, and we are not prepared for that.

by Katrin on Tue Apr 26th, 2016 at 01:16:16 PM EST
[ Parent ]
You just need to lend your hard earned money to nice, hard working people who will pay it back to you with good interest, unlike these feckless Greeks.

That no such people do actually exist is of no importance for politicians. Deutsche Bank, on the other hand, has to deal with that reality. The hard way.

by Bernard (bernard) on Tue Apr 26th, 2016 at 04:24:49 PM EST
[ Parent ]


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