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rob05c  ·  3757 days ago  ·  link  ·    ·  parent  ·  post: Open letter to the German readers: That which you were never told about Greece

    there's no way we have the ability to pay it back

I don't understand why Greece is unable to pay its debts. As of 2012, Greece' debt payments are 11.5% of their revenue. Which isn't low, but it's manageable. Both the US and Japan are above 15%. What am I missing?