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Time for the German Reparations?

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Re: Time for the German Reparations?

Postby kimon07 » Tue Jan 31, 2012 10:38 pm

bill cobbett wrote:Erm... so what devastating past experience is missing from this thread about German Reparations ???


That there is no past experience yet??
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Re: Time for the German Reparations?

Postby bill cobbett » Tue Jan 31, 2012 10:46 pm

kimon07 wrote:
bill cobbett wrote:Erm... so what devastating past experience is missing from this thread about German Reparations ???


That there is no past experience yet??


Oh Gawd! ... think reh Kimon!... why were Reparations so limited after WW2 ?????
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Re: Time for the German Reparations?

Postby kimon07 » Tue Jan 31, 2012 10:53 pm

bill cobbett wrote:
kimon07 wrote:
bill cobbett wrote:Erm... so what devastating past experience is missing from this thread about German Reparations ???


That there is no past experience yet??


Oh Gawd! ... think reh Kimon!... why were Reparations so limited after WW2 ?????


The answer is in the article I reposted. Here it is:

"Indeed, the London debt agreement deferred settlement of the reparations question – including the repayment of war debts and contributions imposed by Germany during the war – to a conference to be held after unification. This conference never took place: since 1990, the Germans have steadfastly refused to reopen this can of worms. Such compensation as has been paid, mostly to forced workers, was channelled through NGOs to avoid creating precedents. Only one country has challenged this openly and tried to obtain compensation in court: Greece."
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Re: Time for the German Reparations?

Postby bill cobbett » Tue Jan 31, 2012 10:57 pm

kimon07 wrote:
bill cobbett wrote:
kimon07 wrote:
bill cobbett wrote:Erm... so what devastating past experience is missing from this thread about German Reparations ???


That there is no past experience yet??


Oh Gawd! ... think reh Kimon!... why were Reparations so limited after WW2 ?????


The answer is in the article I reposted. Here it is:

"Indeed, the London debt agreement deferred settlement of the reparations question – including the repayment of war debts and contributions imposed by Germany during the war – to a conference to be held after unification. This conference never took place: since 1990, the Germans have steadfastly refused to reopen this can of worms. Such compensation as has been paid, mostly to forced workers, was channelled through NGOs to avoid creating precedents. Only one country has challenged this openly and tried to obtain compensation in court: Greece."


You need to read the Treaty of Versailles mate and the massive reparations the allies wanted off Germany after WW1 ... and we all know where that huge debt led.
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Re: Time for the German Reparations?

Postby kimon07 » Tue Jan 31, 2012 11:06 pm

bill cobbett wrote:
kimon07 wrote:
bill cobbett wrote:
kimon07 wrote:
bill cobbett wrote:Erm... so what devastating past experience is missing from this thread about German Reparations ???


That there is no past experience yet??


Oh Gawd! ... think reh Kimon!... why were Reparations so limited after WW2 ?????


The answer is in the article I reposted. Here it is:

"Indeed, the London debt agreement deferred settlement of the reparations question – including the repayment of war debts and contributions imposed by Germany during the war – to a conference to be held after unification. This conference never took place: since 1990, the Germans have steadfastly refused to reopen this can of worms. Such compensation as has been paid, mostly to forced workers, was channelled through NGOs to avoid creating precedents. Only one country has challenged this openly and tried to obtain compensation in court: Greece."


You need to read the Treaty of Versailles mate and the massive reparations the allies wanted off Germany after WW1 ... and we all know where that huge debt led.


They don't have to pay it all at the same time. Installments will do. Part of the debt can be offset against value of goods products, investments. Another part of their debt (from reparations) to Greece might be offset against equal part of the Greek debt to their banks. And then they can do whatever they want with their banks. Besides, we are also talking of a haircut of the Greek debt similar to the haircut of the debts of Germany after WWII.
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Re: Time for the German Reparations?

Postby bill cobbett » Tue Jan 31, 2012 11:15 pm

Erm ... Kimon look up the Reparations payments from WW1 ... you may be surprised to find that the payments by instalments were made and the last payment was made over about a year ago ... some 90+ years after the event.

Whilst you're looking that up... will send an Invoice to Germany for re-building London after the Blitz.
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Re: Time for the German Reparations?

Postby Get Real! » Tue Jan 31, 2012 11:17 pm

kimon07 wrote:They don't have to pay it all at the same time. Installments will do. Part of the debt can be offset against value of goods products, investments.

In the case of Cyprus we want it all in one lump sum payment thanks.
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Re: Time for the German Reparations?

Postby Get Real! » Tue Jan 31, 2012 11:22 pm

kimon07 wrote:Greece managed to transform itself, over a period of thirty years, from a destroyed (due to a long series of wars), underdeveloped small country to a country worthy of becoming a member of the (then) European Communities.

Well now you're right back to being worthy of becoming a member of the Vakif foundation... :lol:
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Re: Time for the German Reparations?

Postby kimon07 » Tue Jan 31, 2012 11:31 pm

bill cobbett wrote:Erm ... Kimon look up the Reparations payments from WW1 ... you may be surprised to find that the payments by instalments were made and the last payment was made over about a year ago ... some 90+ years after the event.


Perfect timing to start with the new ones.
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Re: Time for the German Reparations?

Postby boomerang » Tue Jan 31, 2012 11:39 pm

but really kimon who cares what greece can get out of anyone?...and even if she geos down the gurgler for the matter?...

are you by any chance of a very wild imagination a humanitarian and you would feel the same about the turks, pakistanis, indians, etc...
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