In 1953 Konrad Adenauer negotiatated the cancellation of most of Germany's debts accumulated from before WW2 and also during WW2.
Some of the countries who cancelled their debts in this agreement are
GREECE
SPAIN
ITALY
IRELAND
FRANCE
This cancellation of debt allowed Germany to become the dominant economic force on the European mainland.
And there's Bilderberg Merkel banging on about "Austerity! Austerity!" while Greek pensioners are shooting themselves dead rather than grind out a painful, miserable life of nothingness after Bilderberg Papandreou sold Greece to the IMF and EU after Goldman Sachs helped Greece cover up the true extent of Greece's debts to get Greece into the Euro in the first place?
What a sick joke.
Useful article.In entering into a debt agreement will appear on your credit report and remain there for 7 years. This will have an impact on your future ability to obtain credit however it is definitely not as bad as declaring bankruptcy especially when you have paid off the debt agreement. Thanks for posting. Mortgage Brokers Australia
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