Piketty: “Germany Has Never Repaid Its Debts; It Has No Standing To Lecture Other Nations”

Monday, July 6, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/06/2015

“When I hear the Germans say that they maintain a very moral stance about debt and strongly believe that debts must be repaid, then I think: what a huge joke! Germany is the country that has never repaid its debts. It has no standing to lecture other nations. … Germany is really the single best example of a country that, throughout its history, has never repaid its external debt. Neither after the First nor the Second World War. However, it has frequently made other nations pay up… “

The Rest…HERE

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