What caused the greek mess.

[InuyashaKnight]

A little explaination by the Maoist rebel

HHMT9QHamo0

[tellyontellyon]

Don't pay the debt.
The bankers can go to hell.

[chegitz guevara]

Overthrow capitalism, and the bankers will BE in hell.

[FSL]

Overthrow capitalism, and the bankers will BE in hell.

But if we simply don't pay back the debt or only pay back a part of it over a longer period, the crisis might be smoother and capitalism saved!

Which is probably exactly what some "leftist" organizations seem to want.

[Robocommie]

So basically, the Greek government instituted a massive Ponzi scheme, selling off their debt into foreign bonds and then using the money as income?

Help me out on this one, because my understand of the currency market is a bit weak. How does this "currency swap" thing work?