Yes, welcome to the world of modern economics, or do you really think Greece gone bust because Greeks spent too much money in nightclubs and bouzoukia ?
12.5% of the entire German exports go to GREECE !!!!!!! do you get it? Naturally, Greece cannot pay for it, so it gets more money from Germany in loans.
So, think this out, you sell peanuts, I want to buy, they cost 10p, but I don't have to pay you, so you give me 10p with interest, in the end, you get the 10p, and another 15p in interest, and I have paid 25p for a peanut. net profit for you 15p.
but since I cannot make further payments on the 15p interest, you come to me and you give me another loan to pay the 15p, so I get 15p from you and I have to pay you back another 20! ..
get it now?
Germany has given us a billion, we owed them, 1.5billion, so the billion they gave us, goes back to them, plus another 500million from the Greek people, and the Greek people owes them now another interest for the the second billion they gave us.
get it now how they make profit ?