Thread: The component фил-

Originally Posted by Antonio1986

Putin is everywhere and obviously has opinion about everything even Greeks and Greek economy.

"At one time Alexander the Great decided to conquer Persia in order to resolve these economic issues. Now Greece is no longer able to conquer anyone. It has even been deprived of an opportunity to devaluate its own currency because it doesn't have a national currency. It has no emission either, for lack of an emission centre. There is only one way out -- to directly reduce social spending and increase competitiveness on this basis." - Vladimir Putin.

https://www.youtube.com/watch?v=Lvi6EUcKDc4

Do you agree with him or not?

Originally Posted by diogen_

Do you agree with him or not?

1. Alexander the Great didn't enter Persia for economic issues ... He was just power thirsty.
2. Greece is true is not longer able to conquer anything or anyone. Perhaps just the hearts of some tourists with it's magnificent landscapes.
3. Regarding the currency he is 100% correct. Without monetary policy fiscal policy does not work.
4. Correct about social spending and increase of competitiveness - Russia has similar problems but Mr. Putin does not do anything about it.
5. In general I like him as a politician. But his economic policy is awful.