/biz/ - Business & Finance

>>709457
>>709538
I explained that Greece pays in hundreds of millions, while smaller shit-tier countries contribute less, but they seem to stay below the radar since they are just small, shit-tier or low population or high cost of living anyway, but the actual ratio of debt to productivity that many other countries have seems less.

What Greece is saying is that everybody suffered when markets crashed, and everybody had to borrow, yet Greece is stuck in a dead zone of paying a fixed percentage of GDP into a big pool of EU budget, which gets shared with poorfag countries which contribute little, AND paying off debts, with interest on top.
They are asking for some breathing space to become more productive, pay in more, and join the big leagues by reducing their debt or externding the payment plan.
When Brussels disagreed, the Greeks said 'then we won't pay anything and may leave'

What do people do when they feel the system is working against them? They hide income, as the Greeks have been doing, they refuse taxes.
Greece was forced to ransack public accounts, close universities, colleges, put withdrawal limits, confiscate land.

This is no different to what the IRS or any debtor agrees to - allowing the debtee to be productive so their debt can actually be repaid.
If your income was $2k a month and the IRS wanted $1.5k a month in back taxes, you would have a case for renegotiation. If the IRS won't agree, the courts will, because taxes are a legal matter, not an accounting issue.

Like I said, Greece suffers by being close but no cigar while poorfag countries get off scot-free.
It's like how the middle classes are the first to feel the pinch when taxes rise, since they don't have the cheaper lifestyle of working classes or safety nets like benefits, social housing, tax breaks, or the many ways upper classes avoid taxes or get rebates, relief, tax breaks, incentives.

There are many forces at work that don't want Greece to be a successful model.