Far Cough 3:59 Sun Jul 5
Greece: Nai or Oxi?
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It's going to be close
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Replies - Newest Posts First ( Show In Chronological Order)
violator
2:22 Wed Jul 8
Re: Greece: Nai or Oxi?
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After8 8:14 Wed Jul 8
Idiot
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Joke Whole
2:17 Wed Jul 8
Re: Greece: Nai or Oxi?
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The Kraut banks, financial institutions & their owners aren't losing any money here - with the assistance of their legal and political connections, they've effectively swerved all the cost onto the country's taxpayers*.
All of them seem well chosen to fulfil such a destiny.
* - repeat for the rest of the EU.
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Hammer and Pickle
1:51 Wed Jul 8
Re: Greece: Nai or Oxi?
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The people of Spain, Portugal, Italy and France are very hard-working as well, ray.
Only problem is, ray, they have a political elite that doesn't believe in competitiveness and sound money. Instead they want to be able to give people lots of bits of different coloured paper in exchange for their hard work while they sail their yachts and drink shampers.
They also have a big media claque that shouts about "austerity" whenever anyone calls them on their game, ray.
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ray winstone
1:42 Wed Jul 8
Re: Greece: Nai or Oxi?
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Nurse, the 'work shy' comment is ill informed. I lived in the country for 16 years and I never encountered one 'work shy' Greek.
They are hard working people who get a bad press from the right wing media who want everyone in this country to believe that austerity is the ONLY way.
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Nurse Ratched
1:38 Wed Jul 8
Re: Greece: Nai or Oxi?
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Ray, re your comments to After8, what's the other point of view, then?
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ray winstone
1:27 Wed Jul 8
Re: Greece: Nai or Oxi?
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After8 wrote...
The Germans have been funding these work shy bastards and it's perfectly fair to say enough is enough.
Another pathetic post from yet another misinformed idiot. Get your head out of the right wing media propaganda, take time out to spend some time in the country and then give a valid opinion, otherwise just shut the fuck up, you make yourself look stupid.
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Hammer and Pickle
1:02 Wed Jul 8
Re: Greece: Nai or Oxi?
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They're going to make gazilions more on the junk drachma at this rate as well.
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BRANDED
12:49 Wed Jul 8
Re: Greece: Nai or Oxi?
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Kraits aren't losing money from this. They've made gazillions from the whole Euro thing.
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Hermit Road
12:48 Wed Jul 8
Re: Greece: Nai or Oxi?
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I lend money through the Funding Circle. I look at the company requesting a loan, weigh up the risk, and then decide what interest rate is worth that risk to me. The Germans have done the same thing, if they lose their money, that's the cost of doing business.
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Hammer and Pickle
12:45 Wed Jul 8
Re: Greece: Nai or Oxi?
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But it is what happens in the north of the continent CM.
It would therefore seem a problem of politics that it doesn't work in Greece. So, since it is the north with the economy that works, wouldn't it be the sensible course to let the north set the agenda for economic recovery and actually sticking to it rather than shouting and demonstrating?
Or is that too sensible a solution because of the climate and the dodgy drains?
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BRANDED
12:15 Wed Jul 8
Re: Greece: Nai or Oxi?
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Immagine if the Greeks put as much time into working as they do into protesting? Fuck me they'd be out of debt in no time.
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13 Brentford Rd
9:14 Wed Jul 8
Re: Greece: Nai or Oxi?
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Greed is good.
The world is run by thick cunts.
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After8
8:14 Wed Jul 8
Re: Greece: Nai or Oxi?
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The Germans have been funding these work shy bastards and it's perfectly fair to say enough is enough.
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Darby_
5:52 Wed Jul 8
Re: Greece: Nai or Oxi?
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http://www.nytimes.com/2015/07/08/business/economy/germanys-debt-history-echoed-in-greece.html?hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news
http://www.dw.com/en/german-economic-miracle-thanks-to-debt-relief/a-16630511
It was only with the London Debt Agreement of 1953 that the German economy was given room to breathe again, says historian Ursula Rombeck-Jaschinski of Stuttgart University: "One could even argue that the economic miracle would have been impossible without the debt agreement."
In those dark days, Germany owed money to around 70 countries, with the debts partly dating from before the war, partly from the short period afterwards. Altogether, the debts were worth around 30 billion Deutschmarks. Budget cuts and laborious repayments were not an option for the West Germans - on the contrary - the economy desperately needed more cash to finance the country's reconstruction and growth.
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Capitol Man
3:10 Wed Jul 8
Re: Greece: Nai or Oxi?
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That's not really what hapoens though HP. You just delay a return to growth. Right not the effect has been 25% unemployment, a rapidly shrinking economy and a worse debt problem.
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Hammer and Pickle
11:56 Tue Jul 7
Re: Greece: Nai or Oxi?
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Actually we live in a strange world where the whole German-led approach to coming out of the crisis with leaner, more efficient economies, especially in the south, is called "austerity" like that was some kind of bad thing.
Normally, in a crisis of this kind, whole generations would have known real hunger in the south.
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Infidel
11:32 Tue Jul 7
Re: Greece: Nai or Oxi?
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Befnal
You state : "I'm not a fucking idiot who needs to have these things spelt out" but then you go on to suggest that the Club Med states ('all those countries' as you called them) should long ago have told Germany 'to fuck off'.
You seem to have over looked the fact that if they had done so they would not have been able to go on borrowing billions of euros from Germany to keep the lights on, keep the hospitals and schools open and pay public sector salaries.
Germany has kept them all afloat for the last five years. It now has the temerity to suggest to them that the money they borrowed and promised to pay back must be paid back.
We live in a strange world where that is considered controversial.
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DocMarten
7:34 Tue Jul 7
Re: Greece: Nai or Oxi?
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And the minute hand takes another tick to midnight...13 days to midnight.
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Joke Whole
7:17 Tue Jul 7
Re: Greece: Nai or Oxi?
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The Greeks were never going to lose.
The EU made it clear that the Union must survive at any cost.
The ONLY out would be if/when all private risk has been taken over by EU tax payers.
The Greeks win again, but the banks don't lose.
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Far Cough
6:38 Tue Jul 7
Re: Greece: Nai or Oxi?
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Euxarestouymen
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Steve P
6:35 Tue Jul 7
Re: Greece: Nai or Oxi?
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They're knocking out free glasses of champagne in my hotel this evening.
Cheers Merkel!
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