Comments on: Germany Said to Consider Greek Aid Beyond Loan http://moslereconomics.com/2010/02/10/germany-said-to-consider-greek-aid-beyond-loan/ St Croix, United States Virgin Islands Wed, 23 May 2012 12:15:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: warren mosler http://moslereconomics.com/2010/02/10/germany-said-to-consider-greek-aid-beyond-loan/comment-page-1/#comment-16057 warren mosler Wed, 10 Feb 2010 17:37:44 +0000 http://moslereconomics.com/?p=9743#comment-16057 it's a tangled enough web for greece to take them all down it’s a tangled enough web for greece to take them all down

]]> By: Dave Begotka http://moslereconomics.com/2010/02/10/germany-said-to-consider-greek-aid-beyond-loan/comment-page-1/#comment-16053 Dave Begotka Wed, 10 Feb 2010 16:27:34 +0000 http://moslereconomics.com/?p=9743#comment-16053 Dudes, War is from the stone age and DEBT is from the Middle Ages! Evolve! Peace Dudes, War is from the stone age and DEBT is from the Middle Ages!

Evolve!

Peace

]]> By: knapp http://moslereconomics.com/2010/02/10/germany-said-to-consider-greek-aid-beyond-loan/comment-page-1/#comment-16052 knapp Wed, 10 Feb 2010 16:01:19 +0000 http://moslereconomics.com/?p=9743#comment-16052 A weak Euro would also help with tourism - a major industry in Greece. How major? Greece, with a population of 11m people, gets 18m tourists per year. By comparison, the US with 300m people gets only 56 tourists. So just imagine if the US got the Greek-equivalent ratio of tourists, 490m, or close to 1/2 billion tourist, and you get a sense of how important the industry is to Greece. A weak Euro would also help with tourism – a major industry in Greece.
How major? Greece, with a population of 11m people, gets 18m tourists per year. By comparison, the US with 300m people gets only 56 tourists. So just imagine if the US got the Greek-equivalent ratio of tourists, 490m, or close to 1/2 billion tourist, and you get a sense of how important the industry is to Greece.

]]> By: Paul M http://moslereconomics.com/2010/02/10/germany-said-to-consider-greek-aid-beyond-loan/comment-page-1/#comment-16049 Paul M Wed, 10 Feb 2010 14:46:14 +0000 http://moslereconomics.com/?p=9743#comment-16049 Warren, How big of a factor if any do you think the role of German banks (as well as others) holding Greek debt plays in their bailout? Could they even walk away if they wanted to? Warren,

How big of a factor if any do you think the role of German banks (as well as others) holding Greek debt plays in their bailout? Could they even walk away if they wanted to?

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