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Chris RoadWarrior
euronews
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Comments by "Chris RoadWarrior" (@ChrisRoadWarrior) on "Bailout pressure mounts on Spain" video.
I'm gonna play devil's advocate for GR govt (don't know much about IRE or P'gal). SOCIALIST policies for 60 yrs in GR, overspending like crazy, huge loans from national & international banks to pay for super large WELFARE SOCIAL programs, national debt to the roof, at one point banks finally said STOP, NO MORE LOANS until you GR address the debt issue, GR govt has finally realized their country is BANKRUPT but they still must feed 11 MILLION ppl therefore EU their only choice of survival.
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I'm quite sure you're doing pretty well in THIS part of US: /watch?v=hveO4KduzM8 And as for SP, the huge mess (25% unemployment, youth unemployment even higher) of today is not (or very minimal) b/c of the banks, that's the left-wing anti-capitalism talking points, SP had a SOCIALIST govt, '04 to '11, they overspent like crazy, transformed SP into a huge WELFARE STATE, huge debt owned to national & international banks, that's why banks are very reluctant to land money to SP govt AND businesses.
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