{"id":475487,"date":"2010-03-26T07:06:01","date_gmt":"2010-03-26T11:06:01","guid":{"rendered":"http:\/\/www.businessinsider.com\/jim-rogers-greece-should-have-been-left-to-die-2010-3"},"modified":"2010-03-26T07:06:01","modified_gmt":"2010-03-26T11:06:01","slug":"jim-rogers-greece-should-have-been-left-to-die","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/475487","title":{"rendered":"Jim Rogers: Greece Should Have Been Left To Die"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b5ee0d500000000002b3509-400-\/jim-rogers.png\" border=\"0\" alt=\"Jim Rogers\" width=\"400\" \/><\/p>\n<p>Jim Rogers isn&#8217;t cheering news of financial support for Greece.<\/p>\n<p>Europe would be far better off in the long-term if Greece were rather left to go bankrupt.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/36047514\">CNBC:<\/a><\/p>\n<p style=\"padding-left: 30px;\">&#8220;The Greeks have never lived within their means, and I suspect this time they won&#8217;t either, until they&#8217;re forced to by either bankruptcy or by someone just refusing to give them loans,&#8221; Rogers said.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">&#8220;A few years ago the French came up with some phoney bookkeeping that was so absurd that even the Italians were stunned&#8230; and the Italians have been using phoney bookkeeping for centuries. This is rampant in Europe,&#8221;<\/p>\n<p>Thus supporting Greece only further entrenches moral hazard. Every country will feel little pressure to reign in government spending that exceeds &#8216;official&#8217; targets.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/jim-rogers-greece-should-have-been-left-to-die-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/whatever-the-fed-does-its-clear-the-dollar-rules-and-the-euro-is-a-dog-2010-3\">Whatever The Fed Does, It&#8217;s Clear: The Dollar Rules, And The Euro Is A Dog<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/new-strikes-erupt-in-athens-2010-3\">New Strikes Erupt In Athens Ahead Of Law That Would Make Taxi Drivers Actually Pay Their Taxes<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-final-showdown-greece-gives-germany-a-one-week-deadline-to-come-up-with-bailout-2010-3\">The Final Showdown: Greece Gives Germany A One Week Deadline To Come Up With Bailout<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/7nXtDmbZXGY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Rogers isn&#8217;t cheering news of financial support for Greece. Europe would be far better off in the long-term if Greece were rather left to go bankrupt. CNBC: &#8220;The Greeks have never lived within their means, and I suspect this time they won&#8217;t either, until they&#8217;re forced to by either bankruptcy or by someone just [&hellip;]<\/p>\n","protected":false},"author":6205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-475487","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/475487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6205"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=475487"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/475487\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=475487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=475487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=475487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}