Greek gov't bonds downgraded to junk status, Eurozone in trouble

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What they said about Venizelos is quite true. They follow the opposite way that Kirchner did to save Argentina back then. What I did read recently was that Kirchner privatized all the national firms and asked for the debt's deletion to 75%, while he DIDN'T cut any salaries or pension and anything else... If Kirchner was alive, he'd ask the stupid Greek politicians to ban IMF from Greece and follow his way.
 
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Jul 13, 2011
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Thessaloniki, Greece
What they said about Venizelos is quite true. They follow the opposite way that Kirchner did to save Argentina back then. What I did read recently was that Kirchner privatized all the national firms and asked for the debt's deletion to 75%, while he DIDN'T cut any salaries or pension and anything else… If Kirchner was alive, he'd ask the stupid Greek politicians to ban IMF from Greece and follow his way.

Even if he did that, it wouldn't solve all the problems of today. The pension system over there (and in most western countries) is top heavy. You don't have enough workers to support people being paid out for 20, 25, even 30 years or more in retirement.
 
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