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Monday, July 06, 2015

Germany Has Never Paid Its Debts

The Greek crisis needs to be put into perspective: Greece will never repay its debts.

Yet, Germany demands that Greece repay its debts. Germany should remember that it has never repaid any of its own debts.

Thus, the German people should realize that if they require Greece to pay its debts, it should start by paying its own debts as a good example.

Reference Thomas Piketty in a Zeit Online interview.