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Old 02-13-2012, 03:36 AM  
Paul Markham
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Quote:
Originally Posted by carlsandoval\ View Post
i'm sorry if i don't understand fully the whole situation, but isn't the european union bailing them out?? because italy's (where i'm from) taxes are rising to compensate for bailing out greece and ireland....so yeah wtf?
I think your taxes might be rising to bail Italy out.

Yes the Euro is a mess and a few countries need bailing out because they over borrowed. And yes taxes will rise. Still the Greeks are rioting because they don't think they got enough of the loans and therefore shouldn't have to repay the money.

Maybe they would like to come up with who should pay back the huge debt their country run up. Was it the politicians they voted in because those politicians were handing them nice little goodies, paid for with the borrowed money?
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