"The standoff between Greece and its creditors is no longer about the
money: it’s about power and control. Greece was pushed over the edge by
its lenders to set an example for other anti-austerity forces in Europe.
If anyone bears responsibility for this default, it is the extremists
of the Troika, who would rather suffocate their borrowers than ensure
continued repayment."
If they had truly cared, the
creditors could have easily prevented a default. Sadly, they found it
more important to punish Greece and set an example.
creditors could have easily prevented a default. Sadly, they found it
more important to punish Greece and set an example.