Greece: The exception or the rule?

Discussion in 'Politics' started by manifold, May 12, 2010.

  1. manifold
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    manifold Diamond Member

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    Greece is well known for it's very progressive and socialist policies, bordering on what some would call a full blown nanny-state.

    My question is this: Is the near collapse of Greece's entire economy an exception (explainable via external influences or other causes), or is it the rule (inevitable consequence of progressive nanny-state socialism)?

    Discuss
     
  2. RetiredGySgt
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    RetiredGySgt Platinum Member

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    They have not got the money and expect others to bail them out. The people expect to KEEP programs they can not afford nor pay for. What do YOU think.
     
  3. AquaAthena
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    AquaAthena INTJ/ INFJ

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    It is the goal....
     
  4. Some Guy
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    Some Guy Deregulated User

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    I don't see how any society can sustain itself with only a small fraction of the population supporting a larger fraction of the population.
     
  5. Claudette
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    Claudette Gold Member

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    Ditto.

    Once the population finds that they can collect from the public largesse they will. Before long those drawing will outnumber those providing.

    Lord Woodehouse had it right and he wrote it 250 years ago.
     
  6. blastoff
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    blastoff Undocumented Reg. User

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    As often attributed to Margaret Thatcher...The problem with socialism is that eventually you run out of other peoples' money to spend.

    That about sums up Greece and other faltering socialist states. Too bad the Dimocrats are so blind. Or stupid. Or both.
     
  7. Toro
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    Toro Diamond Member

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    Greece did not collapse because of its progressive and socialist policies. It collapsed because of its progressive and socialist policies it wasn't willing to pay for. That's a huge difference.

    The country from which it is primarily borrowing, Germany, is just as progressive and socialist as Greece, if not more so. So is Sweden and Finland. Yet none of these countries are on the verge of collapse because their socialist policies are paid for, at least for the most part.
     
  8. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    It's the rule. It doesn't take a rocket scientist that if you keep spending more than you have you eventually run out of money.
     
  9. xsited1
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    xsited1 Agent P

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    It depends on the population. If they're willing to march in lock-step with one another and pay for the entitlement programs, it will work. Otherwise, failure will be the rule.
     
  10. Eccgmike
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    Eccgmike Semper Fi

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    Thank you for interjecting common sense here. When u spend more than u take
    in, eventually the well runs dry. If a quarter of the population are non-producers (govt. employees), then the producers must carry them as well as make
    a profit. This inflates the actual value of a product. Apparently we, and the rest of Europe are rewarding this bad behavior by, yet again bailing out another failed entity. When are people going to finally grasp the concept that there is no such thing as "free shit"! It doesn't matter if your a country, business, or individual.
     

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