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<p>[QUOTE="medoraman, post: 1204375, member: 26302"]So do you blame the homeowner for being burglarized because he had too good of stuff? Are you saying the credit card companies are to blame for millions of Americans being irresponsible with debt?</p><p><br /></p><p>I have done risk analysis Cloud, and its not a morality tale. Its analyzing the risk the debt will not be paid back. Greece is not an innocent victim, they are like a 21 year old with a credit card, living the high life and living beyond thier means for decades. Look at the percentage of public employment, look at benefits given, look at number of paid holidays. Everything about that country shows you they were willfully living beyond their means. International bankers and "pension funds" were not pushing money down their throat, Greece went into the market ASKING to borrow more and more money. </p><p><br /></p><p>Blaming the Greek debt on lenders to me is offensive. The guilty parties are the leaders of, and by extension the people of, Greece, no one else.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1204375, member: 26302"]So do you blame the homeowner for being burglarized because he had too good of stuff? Are you saying the credit card companies are to blame for millions of Americans being irresponsible with debt? I have done risk analysis Cloud, and its not a morality tale. Its analyzing the risk the debt will not be paid back. Greece is not an innocent victim, they are like a 21 year old with a credit card, living the high life and living beyond thier means for decades. Look at the percentage of public employment, look at benefits given, look at number of paid holidays. Everything about that country shows you they were willfully living beyond their means. International bankers and "pension funds" were not pushing money down their throat, Greece went into the market ASKING to borrow more and more money. Blaming the Greek debt on lenders to me is offensive. The guilty parties are the leaders of, and by extension the people of, Greece, no one else.[/QUOTE]
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