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<blockquote data-quote="vantexan" data-source="post: 4461721" data-attributes="member: 24302"><p>Greece didn&#039;t impose class warfare.&nbsp; They had a wonderful socialist economy with fantastic benefits for their citizens.&nbsp; Problem is Greece didn&#039;t produce enough to pay for the wonderful perks.&nbsp; So they borrowed money and got in over their heads.&nbsp; And now are paying the price for being fiscally irresponsible.&nbsp; So yeah, the average guy on the street is suffering while the rich Greeks are fine.&nbsp; But they did try to do what our Left is clamoring for us to do, provide a nice lifestyle for everyone.&nbsp; That can work in a country with a small population and a valuable resource like oil.&nbsp; Norway being the prime example.&nbsp; Luckily Norway has diversified it&#039;s economy so that the recent oil crash won&#039;t ruin it.&nbsp; But countries like Venezuela who rely on just their one resource, again oil, or primarily tourism like Greece, risk severe hardship if things don&#039;t go their way.&nbsp; And our big rich country can go under too, and we&#039;re pretty close to it now, if we build an economy on a house of cards.&nbsp; You can&#039;t give everyone a great life by taking from those who work and produce and give to those who don&#039;t.&nbsp; Sooner or later not enough are working and producing to support the rest.&nbsp; Happens every time it&#039;s tried.</p></blockquote><p></p>

[QUOTE="vantexan, post: 4461721, member: 24302"] Greece didn't impose class warfare. They had a wonderful socialist economy with fantastic benefits for their citizens. Problem is Greece didn't produce enough to pay for the wonderful perks. So they borrowed money and got in over their heads. And now are paying the price for being fiscally irresponsible. So yeah, the average guy on the street is suffering while the rich Greeks are fine. But they did try to do what our Left is clamoring for us to do, provide a nice lifestyle for everyone. That can work in a country with a small population and a valuable resource like oil. Norway being the prime example. Luckily Norway has diversified it's economy so that the recent oil crash won't ruin it. But countries like Venezuela who rely on just their one resource, again oil, or primarily tourism like Greece, risk severe hardship if things don't go their way. And our big rich country can go under too, and we're pretty close to it now, if we build an economy on a house of cards. You can't give everyone a great life by taking from those who work and produce and give to those who don't. Sooner or later not enough are working and producing to support the rest. Happens every time it's tried. [/QUOTE]

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