Will we ever get our money back?

No, they just magically gave them a big ass loan without further planning. I mean it was a sinking boat, you have to restructure it where it is going up and THEN start to lend loans so they can rebuild faster and you actually have at least some sort of guaranty that they will actually pay it back. I thought when they gave the loan hearing from the news they had been planning for it for years, but no seems they were irrisponsible naive fools. Ofc people arent guaranteed to pay you back at all, they made no strict plans or send people to oversee these loans to who it was send to.

>Will we ever get our money back?

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I think this loan was more carefully planned as a way to control other people or countries as they knew before hand they would have struggles finding money to pay them back. you inject money and you dont get magically more money out of it, thats a child vision on economics

His face and that caption do not match. This is not the typical xD face.

these Euro freaks must have know or they are trully dense stupid naive irrisponsible investors.I mean the lack of recearch they did FOR MILLIONS AND MILLIONS OF EUROS, and they gave it away like it was nothing or a good human thing. how stupid are these people

25% of it will become a donation and the other 75% becomes a 10 year loan repeat every 10 years.

It was never yours, you still owe Greece billions.

are you a scientist?

>Will we ever get our money back?
You've already robbed them blind, Juden. The fucking Chutzpah on you, holy shit.

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I wouldn't say I'm a scientist so much as I am not? But I could be wrong?

>triggered Greek diaspora

The GIDF has arrived.

don't they still use the g3?

I will take "FUCK MY BLOODY ASS" for $300, Alex.

>They bought military equipment from the money we gave them, and they are now stronger than us.

What is Cuck Supreme

Even a G3 can kill you if the enemy comes close enough and clubs you over the head with it.

The money you, "gave" them was never received by them. It was Cyphened back to the north European banks

>Will we ever get our money back?

They paid you in wet migrants.

This is a lie.

No.

The IMF has been screaming that the numbers do not add up since 2009.

Originally it was German and French banks that were exposed to Greek debt. If we defaulted then, they'd have huge losses.
So the bailout plan was devised. The EU sent money to Greece to be used exclusively to pay off old bonds as they matured. German and French banks got their money back.

Now all the debt has been transferred from private hands into EU government hands. Now we can default without causing "systemic risk". Now there are no funds and wealthy individuals taking a hit - only taxpayers whose opinions don't matter.

So what if Greece defaults on 80€ bn Euros owed to Germany? Is a German bank going to go bust? Is a German rich guy going to lose money? No one cares about the opinions of taxpayers - the issue will be forgotten in a few weeks. Wolfgang Schaeuble will not be held accountable - he already moved on to a new political position. Angela Merkel will not be held accountable - she will blame the Greeks.

It makes no sense (for anyone) for Greece to stay solvent. Default is inevitable now.

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But that is literally what a German looks like when highly laughing or highly amused.

when laughing*

You gave up the drachma for the Euro and killed your country

There are no amused Germans, and your entire premise just collapsed.

Daily ikibey thread
Sage

This is correct.

The way the bailout program worked, every time Greece had a bond maturing and needing to be paid off, the EU would convene for a "Eurogroup" (a meeting of EU finance ministers) a few days beforehand which gave the go-ahead for the money to be released, and it was always the exact amount needed to pay the maturing bonds.

The EU had sent a team of "experts" in Greece who monitored the situation and had the final say on any laws being passed during these years.
These experts, called the "Troika" because they represented the EU, the IMF and one other party I forget, would issue a report every few months on the country's progress.
If not enough progress (i.e. austerity and reforms) had been done, the Eurogroup threatened to withhold the money and force a default. This was a constant game between Greek politicians, the Troika and the Eurogroup for the last 7 years.

In the end, Greek politicians always proposed a tradeoff: they would raise taxes in order to avoid spending cuts and reforms. It was the wrong thing to do but the EU and IMF accepted it almost always.

>raise taxes

Can't raise taxes on a country that's elevated tax dodging to an art form.

WHAT THE FUCK ARE YOU STUPID

GERMANY PROFITED FROM THE CRISIS
GERMANY PROFITED FROM THE CRISIS
re

No. But your mom maybe will be have good sex

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My mother doesn't racemix.

Are your mother not german?

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