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b_b · 3421 days ago · link · · parent · post: Tsipras folds, Greek state assets go into privatization fund
Greeks don't have a such thing as state finance. That's the whole fault of the Euro to begin with. It's absolutely absurd to have a monetary, but no political or fiscal, union. The ordinary rules of money printing don't work when the state isn't controlling their own money supply. I think if nothing else, this saga has really highlighted the shortcomings of the Euro, and shown it to be what it really was designed to be in the first place: a way for the strong economies of Europe to sell exports easier.Bonus points for comparing someone who "buys buys buys" and eventually has to pay to the entirely different realm of state finance.