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<p>[QUOTE=&quot;Cloudsweeper99, post: 1205167, member: 3011&quot;]Your analogies are invalid.&nbsp; That said, when you say that &quot;Greece is not an innocent victim...&quot; you miss the point that &quot;Greece&quot; is an abstraction as far as debt levels are concerned.&nbsp; It would be like blaming YOU for the US debt level, when in reality there isn&#039;t anything you can do about it.&nbsp; It will be your childern and grandchildren who sufffer for backroom deals between lenders and the political leaders who create indentured servants out of entire populations of people born and unborn.&nbsp; Read &quot;confessions of an economic hit man&quot; by John Perkins and you will understand the game better.&nbsp; </p><p><br /></p><p>I have also done risk analysis on credit insurance products, and I know that losses can be forcasted with accuracy within $0.02 per $100 of the amount loaned.&nbsp; So I won&#039;t let these lenders off the hook as easily as you do.&nbsp; They were counting on the IMF being able to cram draconian cuts in living standards down the throats of people and have been surprised to find that there is a limit.&nbsp; CREDITORS SHOULD ABSOLUTELY TAKE THE HIT FOR THE BAD LOANS AND THE PEOPLE SHOULD HAVE A FRESH START.&nbsp; WHETHER OR NOT THE CREDITORS DECIDE TO LEND AGAIN IS THEIR CHOICE, BUT ONE GROUP OF PEOPLE SHOULD NOT BE RESPONSIBLE FOR THE CRIMINAL BEHAVIOR OF THE RULING CLASS.&nbsp; And I am also offended by the thought that people should suffer so that lenders can profit.</p><p><br /></p><p>Edit:&nbsp; Anyway, there is enough posted on this topic for people to do their own research and determine whether or not they, their childern and grandchildren are guilty of borrowing what they cannot repay and should therefore suffer for generations, or whether there is something underhanded about the public/private partnerships between governments and international bankers to profit regardless of the suffering of others.&nbsp; And anyone who wishes may post their own ideas on the topic.&nbsp; My work is done here.[/QUOTE]</p><p><br /></p>

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