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slyestjester

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slyestjester

Re: Helium-3 post# 92170

Monday, 07/06/2015 4:18:12 PM

Monday, July 06, 2015 4:18:12 PM

Post# of 163716
"Wrong Sly, Greece DOES NOT need debt relief they need debt management. Someone with accounting principles and who has worked in the private sector needs to show these bureaucrats how to handle money. I was taught at a very early age by my grandparents this concept."

Tony--I'm sure that debt management is important but I don't think anyone has seen a country come back from a 174% debt to GDP ratio. Look what Japan is doing now with a slightly higher ratio--killing the currency in order to improve exports. Greece can't kill the currency in the Euro.
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