Thread: Cyprus resists?
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Old 2013-03-20, 12:57   Link #2
willx
Nyaaan~~
 
 
Join Date: Feb 2006
Age: 40
Er? Cursory research will tell you the problem with Greece, much of the Mediterranean and a lot of other states that are now in trouble is due not to "right wing" policy but actually "left wing" policies. I'm Canadian and believe in the importance of a social safety net, but you cannot grant your citizens and government employees massive benefits and pensions without tax and other revenues to support it.

On top of that, remember that when a country applied to join the EU, they also agreed to budget constraints and the benefits and limitations of joining a single collective currency. Policy makers failed to understand this issue and the founders of the EU looked the other way when financially unsound countries applied for membership.

Frankly, the idea that there is any conspiracy at work here is laughable, the ability for a large group of people to accidentally do something harmful is generally much greater than any minimal conspiracy among "German oligarchs" -- there is plentiful literature on the topic available. If you want to be informed, it is out there for you, but it may or may not jive with your vision of the world.
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