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Friday, April 20, 2012

Where Greece Spent The Money

Now it's coming out.  Greece's serious financial problems are not entirely the result of improvident domestic spending.  The Guardian exposes the enormous spending over the last ten years or so on military hardware, most from the United States, Germany, and France.  The Greeks bought many submarines, ostensibly for defense against Turkey, but in reality because there was a lot of money to be made by the military-industrial complex on Greek arms.  The hypocrisy of EU critics of the Greek economy is breathtaking.

http://www.guardian.co.uk/world/2012/apr/19/greece-military-spending-debt-crisis?INTCMP=SRCH

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