Why are so many European countries broke or poverty stricken?

Why are so many European countries broke or poverty stricken?

>Pic related is how many countries fit that description

Other urls found in this thread:

dailymail.co.uk/news/article-3192476/Germany-gained-71billion-tough-stance-Greek-debt-crisis-make-profit-Athens-never-pays-single-cent.html
usatoday.com/story/money/2015/08/11/greece-debt-crisis-bailout-germany-benefits/31449779/
bbc.co.uk/news/world-europe-33845836
rt.com/business/312080-germany-profits-greece-debt/
breitbart.com/national-security/2015/08/11/germany-profited-e100-billion-from-greek-debt-crisis/
twitter.com/AnonBabble

Thank the EU

>not including turkey
its europe too, friend

EU and or communism

>Czech republic
>Austria

If you go by that standard, almost all of the world's countries with the exception of very few are poverty-stricken, you absolute god damn mongoloid piece of human toilet-waste.

They banned jewery

lack of protestant work ethic

because fagmerica and EUSSR won't let us wipe out the undesirables

The truth is that wealth, stability, and high levels of development are not inevitable products of some long march toward progress. Historically, every nation was impoverished relative to today, and some have advanced more than others. A better question is why northwestern European countries and their offshoots have become so successful?

Basically because all low tier countries got the same credit score like Germany (thanks EU)
>Greece borrowed money
>Greece borrowed money to payback the borrowed money
>many taxes were not collected
>more money borrowed
And shut goes on...

the Mediterranean is such a comfy and beautiful place to live, it makes people lazy as fuck, specially that hot sun and great food.

also socialism.

Maltese & Cypriots confirmed for masters of the Med.

>What are the Great Wars?
It takes time for nations to be build.

RETAKE CONSTANTINOPLE
HAIL BYZANTIUM

You know that Germany is actually making money off of countries like Greece

>Austria
>broke
Because of communism/socialism.
First USSR, now EUSSR.

>Austria.
>North Italy.
Are you retarded?

No they aren't
Proof me otherwise

>implying catholics arent the true christians

Northern Italy is rich as fuck, like it's supposedly eerie how drastically rich the northern regions are.

>Austria

dailymail.co.uk/news/article-3192476/Germany-gained-71billion-tough-stance-Greek-debt-crisis-make-profit-Athens-never-pays-single-cent.html

currently not, because of their banks fucking up big time and their state officials being greedy jews,theyre just leeching off of our economy

>currently not, because of their banks fucking up big time and their state officials being greedy jews,theyre just leeching off of our economy

usatoday.com/story/money/2015/08/11/greece-debt-crisis-bailout-germany-benefits/31449779/
bbc.co.uk/news/world-europe-33845836
rt.com/business/312080-germany-profits-greece-debt/
breitbart.com/national-security/2015/08/11/germany-profited-e100-billion-from-greek-debt-crisis/

without us being forcibly part of a german industrial sphere we'd actually be able to compete with you, by raising tariffs and printing our own money. We used to have industry, now we don't. Playing ball with germany fucked our economy, we should leave EU.

>Between 2010 and 2015 Germany profited from the ongoing Greek debt crisis to the sum of €100 billion, according to a new study. The billions consists of money saved by lower interest payments on funds the German government borrowed amid investor “flights to safety”.
The research published by the Halle Institute for Economic Research (IWH) shows that the Greek debt crisis resulted in a reduction in rates for bonds issued by Germany’s federal government to finance spending. This yielded interest savings of more than three per cent of Germany’s gross domestic product during the period 2010 to 2015.

The research showed that when investors identify crisis and turmoil in financial markets they typically seek a safe haven to stash their money in. Described as an “export champion” and “the eurozone’s effective paymaster” by AFP, the research shows Germany “disproportionately benefited” from that during the Greek debt crisis:

“Any time there was bad news about Greece, yields on German government bonds fell, and any time there was good news about Greece, German government bond yields rose.”

Events from which Germany benefited identified in the research included when Syriza’s victory in the general election became likely; when the new Tsipras government walked away from talks with the European Central Bank, European Union and International Monetary Fund; when the Greek government decided to hold a referendum on the bailout terms; and the subsequent result of that referendum.

The research states that Germany’s balanced budget was possible in large part only because of interest savings accrued the Greek debt crisis. The United States, France and the Netherlands also benefited from the same effect on their bonds, but to a lesser extent.

The effect of all this is twofold.

First, if Greece fails to pay back any of the money owed and ultimately defaults on all its debts, Germany will still come out in profit.

The reports suggests Germany’s share of the Greek bailout package amounts to no more than €90 billion so what it calls “the maximal uncertain and future costs of bailing out Greece to Germany” are in fact smaller than the €100 billion benefits already accrued. It concludes: “If Greece does pay or pays at least in part, the savings [to Germany] are substantial.”

Secondly, it casts light on elements of German policy throughout the Greek debt crisis which have already been highlighted by Greece’s former Finance Minister, Yanis Varoufakis.

If one looks for a motive for why Germany has not wanted to help Greece then the conclusions of the research provide that. Furthermore, they suggest Germany maintains a vested interest in not sorting the problem out any time soon.

You had me at Andorra, Austria and Monaco,

Seeing how Varoufakis described the prospects for a third Greek bailout in his recent El Pais interview, it appears he agrees:

“This is a program designed to fail. And so it will fail. It’s not easy for an architect to build a solid building, but it’s easy for him or her to construct a building that will collapse. Anyone can do it. It was planned to fail, because, let’s face it: [German Finance Minister] Wolfgang Schäuble is not interested in an agreement that works. He categorically stated that he wanted to redesign the eurozone and part of that redesign is that Greece should be thrown out of the eurozone.”

Germany would probably not benefit long term from a complete collapse of Greece, but Varoufakis’ colourful description of how his country has been treated since 2010, “fiscal waterboarding”, suggests that maintaining the advantage to the German budget is possible:

“It is a precise, an accurate description of what has been happening for years now. What is waterboarding? You take a subject, you push his head in the water until he suffocates but, at some point, before death comes you stop. You pull the head out just in time, before asphyxiation is complete, you allow the subject to take a few deep breaths, and then you push the head again in the water. You repeat until he… confesses.

“Fiscal waterboarding, on the other hand, is obviously not physical, it’s fiscal. But the idea is the same and it is exactly what happened to successive Greek governments since 2010.”

Schäuble has repeatedly opposed a Greek debt write-down while pointing to his German government’s balanced budget. For so long as he can continue holding out against the former to the detriment of Greece, the prospects for the latter look good. As Varoufakis said of the recent bailout negotiations:

“This was nothing but a coup. In 1967 there were the tanks and in 2015 there were the banks.”

The would have spend more money if the crisis didn't happend...
They are not earning money from the crisis in Greece
==> not against my argument

They are read my sources
You shouldnt be complaining. For every rich country one has to be lesser

No we should change the eu
Ever country has its own money and is responsible for itself but the borders should stay open for goods

before: socialism and communism
now: corruption due to former socialism and communis, Globalist banker jews.

ITS TRUE!

WW1, WW2, Soviet occupation, a lot of revolution, and after all, they just shouldn't be rich.

Germany has been doing the same thing China has, by undervaluing its currency and fucking everyone else in the EU.
It's part of the alternative to the burger plan to castrate all Germans. They're instead paying you to get your daughters fucked by muslims. German women are getting impregnated by sandniggers while you're here bragging about how many shekels you have.
The worst part is that you personally, probably have a similar standard of living as the rest of Europe, since most of those shekels are going to your Jewish overlords, anyway.

>self-professed marxist accuses other countries of imperialism

Who could have seen that one coming.

Perhaps he should be looking at other factors that consistently undermine any potential the greek economy may once have had.

One acquaintance who moved to Greece to open a restaurant spent four years waiting for the required paperwork to get through the kafkaesque system that is the greek bureaucracy, just so he could start building. Four years with no reliable income, because he could not sell a single dish without it.

Because we ((("""owe"""))) money to Germany

>lack of protecuck nigger importing.


And I'm glad

Globalism

Why did you put Austria into the poor area ? Makes no sense. Vienna is the city with the highest quality of life world wide. People are affluent in Austria.

Greek bureacracy is possibly the worst on earth

It is the same problem like everywhere. The average IQ in my country is like 40...

Not just to Germany also to every bank existing...

austria is poor.

thanks hitler.

Ireland is poor. Italy and Austria are above Ireland. I dont give a fuck about Austria what annoys me is that the map is inacurate.

germans destroying everything with their economy.

they cant not sleep well at night if nobody is suffering.

germans is constantly suffering in his mind so he needs to make everyoneelse suffer more then him to be happy.

Marxist or not, you can't deny Germany's neoimperialist ambitions that they try to realize through the EU.

Yeah germany sure ''united'' us

austria is poor. wtf is austria anyway ? should exist t.b.h

#WTFISAUSTRIA#AUSTRIAACOUNTRY#AUSTRIANOTREAL

WHAT ARE YOU TALKING ABOUT HANS!?

Socialism

PLEASE HELP US!

WE CANT STOP WORKING!

WE LOVE TO WORK!

yes money to everyone because our

>austria
>country

pls no bully

Portugal and Spain would still be god-tier if they had been allowed to keep their colonies

UK would be reich tier if they had been allowed to keep their colonies

Italy, greece, and balkans are subhuman so nothing could save them from poverty

germans want to steal your gas.

greece is the richest country in natural resources. germans try to make greece unable to pay debts in order to force greece to give the gas for free.

euroe is worthless money printed by the eternal kraut.

> >

it is like holland, you are german clay

#annexsoon

he thinks greek euros are less value then german ones.

Thank you

Do you know how much 5 euros in Greece is in Germany?
i don't think, i know and it is proved.

You people are hardly protestant anymore

here's why

HOLLAND IS RIGHTFULL DUTCH CLAY OF THE REPUBLIC YOU GOD DAMNED INFERIOR EAST GERMANIC

>1
Spain would be Africa tier if it had its """colonies""" they aren't colonies, they are indian reserves.

You pay more for petroleum but less for lemons ?

everyone is satanist in europe even muslims.

That is what happens when you become a German colony.

t:north germany

You pay about 3,69€ for an big Mac and I pay 4,16

USD*

We should just die along with the rest, for being such losers. #BrackPirr

Also
>Austria
>poor

Islam and/or Communism.

What the fuck, man.

>Greece is banned from exporting until Eurocucks decide to raise taxes even more
>"Hurr raise more taxes durr"
>Greece's infrastructure is failing
>"Don't worry we Germanistan will buy all your Greek companies and literally be the drain of your economy.

rip that defenetly isnt the annual gdp but i guess you can see what communism does. I am retarded so i just think that green is good and everything below is not

>Implying there are McDonalds in Greece

There is literally one in Athens. ONE.

Big Mac index is actually a thing
Google it

>Austira broke or poverty stricken
Surley not

Spain itself isn't poor. It has manufacturing industry(they even have world's number 1 construction company) and so on. Problem is that her people are fucking lazy whores who never bother to work full time.

>turkey
>Europe

no

Seriously what's the point of torturing Grease so much? You're never getting back these borrowed shekels Goymans, let them go back to drachma, devalue their currency and get back on their feet

Actually there are 29

the Euro completely destroyed our hopes of having an industry

I blame our leaders more than Germany doe, they could've just said "No" to the EU

Estonia in or out?

Holy Fraggeroni

Kamerad is actually right.

there were
Are you insane? And let us get back on our feet? If that happens Greece will get the fuck out of Europe and that is something Germanistan don't want.

Islam has done much more damage to Europe than the EU, for hundreds of years haji held clay in Spain and up to Vienna. Once they taint the population it is never the same. After the wars Communism did the rest.

It is just for the kek nothing more nothing less

>poor
HAHAHA you can earn 4 times as much as you can here in half of these countries

McD is bad

Communism?

Germany used the EU to rob every country and the bitch ass leaders throughout the continent just bent over and took it.

One of my friend's went there for University and he's heard stories about how so many College graduates would kill for a job that pays 2k Euros a month

Communism, socialism and other types of government trying to control too much.

Borrow, stop making babies/workers, tax collection falls bellow needed repayments for borrowing, immigrants to fix no babies, "solved".