“Writing is like putting together Ikea furniture. There’s a right way to do it, but nobody knows what it is.” - Paulette Perhach
My guess is the Lion share of those loans were handed out to a few banks, Big Corps. and the other wise politically connected, who spirited the $$ out of the country to safe havens. Then they left the payments on the loans to everyone else in Greece to pay off. This is how crony Capitalism works these daze.
Sounds about right, unfortunately.
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