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<p>[QUOTE=&quot;medoraman, post: 1361145, member: 26302&quot;]Man, that is bad news for Greece. Good luck to them ever having access to loans from outside their own borders, and even internal banks will probably invest overseas rather than domestically. That is what is wrong with these &quot;debt forgiveness&quot; schemes. Yes, it makes life easier for those who are hosing the banks, but all generations following pay for it. Its just another way the current generation around the world is mortgaging the futures of their grandchildren.</p><p><br /></p><p>Sad. I never said the people getting hosed by the government was any better, don&#039;t get me wrong, but two wrongs don&#039;t make a right. Your government hosing your currency by spending, and then others hosing the banks by debt forgiveness, if you are a responsible person paying his bills you are getting ripped off in every direction. </p><p><br /></p><p>Fatima, I know we disagree, but please keep posting stories like this. I still cling to the belief that the US will do the right thing, work hard, and get ourselves out of this mess. If such rulings and laws like this ever became commonplace here I believe I would start adding to my stockpile of PM as a response, and put it out of reach of the authorities. Thankfully I know Greece has always been strongly socialist, which is a major reason for their problems currently.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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