If you follow the news in Europe, no doubt you are aware of the severe economic problem that it is currently facing. In the center of this economic struggle is Greece's national debt and how it affects the other countries in the Euro zone, specifically Germany (the richest in the European Union).
Germany feels it has the most to lose because it is paying for most of the bailout cost. So it feels justified to demand certain concessions from Greece. Following these concessions is tantamount to Greece submitting its sovereignty to Germany...an intensely sensitive issue since most Greeks still remember that 300,000 of its citizens died under Nazi occupation.
So the world ponders the question is it fair for Germany to interfere with Greece political structure solely on the basis of debt? Or is it fair for Greece to be so resistant to Germany's demands when it owes Germany so much money?
But here are 2 question that you don't hear most people asking? Did Germans think it was unfair when it extended generous credit to Greece in the early 2000's allowing Greeks to spend freely and in turn partly made Germany the rich nation that it is now? Did Greeks think Germany was so evil when it spent Germany's money and raised their own standard of living for over a decade?
The truth is when things are good, no one complains. When things are bad, it's always the other guy's fault.
But if you have been following this blog, you know the answer doesn't simply stop there. The question of what's fair is irrelevant. And so is the question of who is at fault. The purpose for this entry is the continuation of the subject discussed in last blog's entry. There is no ownership.
As long as the belief of ownership continues, the problem in Europe will follow its natural course toward violence and possibly war. What we have now in Europe is the richest nation hoarding everything that is has, while the poorest nation is being squeezed of everything it has.
If the idea of ownership is replaced with the principle of excess and deficiency, then rich nations will realize supplementing poorer nations early is the way to prevent catastrophe later on.
Germany feels it has the most to lose because it is paying for most of the bailout cost. So it feels justified to demand certain concessions from Greece. Following these concessions is tantamount to Greece submitting its sovereignty to Germany...an intensely sensitive issue since most Greeks still remember that 300,000 of its citizens died under Nazi occupation.
So the world ponders the question is it fair for Germany to interfere with Greece political structure solely on the basis of debt? Or is it fair for Greece to be so resistant to Germany's demands when it owes Germany so much money?
But here are 2 question that you don't hear most people asking? Did Germans think it was unfair when it extended generous credit to Greece in the early 2000's allowing Greeks to spend freely and in turn partly made Germany the rich nation that it is now? Did Greeks think Germany was so evil when it spent Germany's money and raised their own standard of living for over a decade?
The truth is when things are good, no one complains. When things are bad, it's always the other guy's fault.
But if you have been following this blog, you know the answer doesn't simply stop there. The question of what's fair is irrelevant. And so is the question of who is at fault. The purpose for this entry is the continuation of the subject discussed in last blog's entry. There is no ownership.
As long as the belief of ownership continues, the problem in Europe will follow its natural course toward violence and possibly war. What we have now in Europe is the richest nation hoarding everything that is has, while the poorest nation is being squeezed of everything it has.
If the idea of ownership is replaced with the principle of excess and deficiency, then rich nations will realize supplementing poorer nations early is the way to prevent catastrophe later on.
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