Yeah, the fucking bundesbank came to collect. They gutted fucking everything for over a decade. Troika destroyed lives to pay back bankers. Rich northern Europeans (and Russians) bought up tons of beachfront property.
It crushed areas with low development and decimated industries like healthcare where people had to go several weeks without pay. It’s good though. The problem was the Greeks had it too good for too long.
TUVegeto137 on
How to say the Eurozone is fucked, without actually saying it.
superbit415 on
Are these real numbers this time ?
AnomalyNexus on
And now for round #2 of this circus – France.
wofser on
If debt-to-GDP gets lower by increasing the GDP-part – can you really call it debt reduction?
Greece GDP 2020 – $191,210,000,000
Greece GDP 2025 – $280,476,000,000
That is a 50% increase in GDP.
>According to analysis by Alpha Bank, Greece’s debt-to-GDP ratio has fallen from 209.4% in 2020 to 146.1% in 2025
209% of 191 billion in 2020 – around 382 billion in debt.
146% of 280 billion in 2025 – around 408 billion in debt.
Why has Greece GDP increased so much? Has this GDP increase helped the Greece people/goverment?
cecilrt on
thats like saying a fat man lost more weight than a skinny man
7 Comments
Yeah, the fucking bundesbank came to collect. They gutted fucking everything for over a decade. Troika destroyed lives to pay back bankers. Rich northern Europeans (and Russians) bought up tons of beachfront property.
It crushed areas with low development and decimated industries like healthcare where people had to go several weeks without pay. It’s good though. The problem was the Greeks had it too good for too long.
How to say the Eurozone is fucked, without actually saying it.
Are these real numbers this time ?
And now for round #2 of this circus – France.
If debt-to-GDP gets lower by increasing the GDP-part – can you really call it debt reduction?
Greece GDP 2020 – $191,210,000,000
Greece GDP 2025 – $280,476,000,000
That is a 50% increase in GDP.
>According to analysis by Alpha Bank, Greece’s debt-to-GDP ratio has fallen from 209.4% in 2020 to 146.1% in 2025
209% of 191 billion in 2020 – around 382 billion in debt.
146% of 280 billion in 2025 – around 408 billion in debt.
Why has Greece GDP increased so much? Has this GDP increase helped the Greece people/goverment?
thats like saying a fat man lost more weight than a skinny man
I has been quite amazing