Germany experienced the greatest failures of modern history. The current economic independence and its position as Master of Europe owes the U.S., which after the First and Second World War gave up their right to huge amounts of money. I do not remember but one.
( Here are excerpts from the interview with Professor of History of Economic Albrecht Ritsch, Wirtschaftshistoriker to ...
German magazine Spiegel).
The Weimar Republic survived from 1924 until 1929 with only loans, no money for compensation of the First World War borrowed from the U.S.. This "loan Pyramid" collapsed with the crisis of 1931. Money for loans in the U.S. had disappeared, the loss for the U.S. immense consequences for the global economy is devastating.
So after the Second World War. America then was careful not to put one of its allies claim for compensation. Apart from some exceptions, canceled all claims until a future reunification of the Germanies (East and West). This was very vital for Germany, was in fact the economic basis of the postwar German miracle. But while the victims of German occupation, was forced to relinquish their rights for compensation between them and the Greeks.
In proportion to the economic area that had the U.S. at the time, German debts early 30 being the cost of crisis of 2008. Comparatively, therefore, the debt of Greece is minimal.In relation to the financial standing of the country, Germany is the biggest sinner in the 20th century and possibly the newer economic history.
Tthe Greece plays a minor role. There is, of course, the problem of the risk of transmission of the crisis known European countries.
In the last century, Germany has gone bankrupt three times. After the last stop paying in the 30s, anakoufistikeapo the U.S. with a reduction in debt, otherwise a "haircut", the equivalent of a grand Afro-Look converted to baldness. Since holding the country's economic luster, while the rest of Europe were working like dogs to find their feet from the ravages of war and German occupation. And even in 1990 also had a stop payment.
The then Chancellor Kohl refused to implement the London Agreement of 1953. The agreement said that the German war reparations in the case of the reunification of Germany should be placed under renegotiation. But Germany has not paid compensation after 1990 (except very few) nor necessarily loans or the costs of occupation. Greece is one of the states, who did not get a dime.
Even if a state is not one hundred per cent unable to satisfy his creditors, may be in bankruptcy. Just as in the case of Germany in the '50s, is an illusion to believe that Greece will be able to pay its own debts. And anyone who can not by definition bankrupt. We should now be fixed, what funds are ready to sacrifice their creditors. So we have to find who will pay the marble.
antiellinikes The positions put forward by the media is very dangerous. We live in a glass house: Our economic miracle was possible only because they had to pay damages.
Germany in the 20th century started two wars, the second and the war conducted as annihilation and extermination and then renounced the enemies of the right to partially or not at all for compensation. The fact that Germany made the miracle on the backs of other Europeans have not forgotten the Greeks.
The Greeks know the hostile articles and opinions to the German media very well. If the mood becomes much more aggressive, can revive the old claims, starting from Greece, Germany, and if ever forced to pay, we will "get even underpants."
You should instead be grateful to consolidate the Greece with our money. If we are playing the game the media, pretending to be thick Emil, who smokes his cigar and refuses to pay, sometimes people would send us their old accounts.