| Greece facing another crisis on 19:59 - Feb 8 with 2686 views | Highjack |
Well the Greeks rejected the terms of the last bailout in a referendum but the EU ignored it and trampled all over them as they usually do. |  |
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| Greece facing another crisis on 20:04 - Feb 8 with 2677 views | siralan |
| Greece facing another crisis on 19:59 - Feb 8 by Highjack |
Well the Greeks rejected the terms of the last bailout in a referendum but the EU ignored it and trampled all over them as they usually do. |
And insisted on bailing them out,since all the cash they had already spunked on them would be lost
they are now throwing bad money after good to save face
If your Greek it's very nice of the EU but who's paying for it ? It's not going to be the Greeks that's for sure. [Post edited 8 Feb 2017 20:08]
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| Greece facing another crisis on 20:07 - Feb 8 with 2661 views | Highjack |
| Greece facing another crisis on 20:04 - Feb 8 by siralan |
And insisted on bailing them out,since all the cash they had already spunked on them would be lost
they are now throwing bad money after good to save face
If your Greek it's very nice of the EU but who's paying for it ? It's not going to be the Greeks that's for sure. [Post edited 8 Feb 2017 20:08]
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They do pay for it by having extreme austerity measures and higher taxes enforced upon them. The 55% of young people who can't find any work and are left feeling worthless are also paying for it Id imagine. | |
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| Greece facing another crisis on 20:12 - Feb 8 with 2657 views | siralan |
| Greece facing another crisis on 20:07 - Feb 8 by Highjack |
They do pay for it by having extreme austerity measures and higher taxes enforced upon them. The 55% of young people who can't find any work and are left feeling worthless are also paying for it Id imagine. |
So if they are paying the money back why are they going to be on the 3rd or 4th bailout soon?
We all know they will never pay it back. | | | |
| Greece facing another crisis on 20:18 - Feb 8 with 2646 views | Highjack |
| Greece facing another crisis on 20:12 - Feb 8 by siralan |
So if they are paying the money back why are they going to be on the 3rd or 4th bailout soon?
We all know they will never pay it back. |
Of course they won't, for many reasons but mainly because they have no control over their own currency. The same thing is happening all over Southern Europe. But the EUs solution is to plough on regardless because the suffering of millions is far more preferable to them than to admit their project isn't working. | |
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| Greece facing another crisis on 20:46 - Feb 8 with 2619 views | blueytheblue |
Brexit followed by Grexit. | |
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| Greece facing another crisis on 20:51 - Feb 8 with 2606 views | Highjack |
| Greece facing another crisis on 20:46 - Feb 8 by blueytheblue |
Brexit followed by Grexit. |
I hope so for their own sakes. I love Greece and the Greek people, they deserve better than this. | |
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| Greece facing another crisis on 20:52 - Feb 8 with 2599 views | siralan |
With Trump having a veto on any IMF deal he's in the perfect posistion to teach the EU (Germany) a real lesson,and he will and in turn let Greece return to a self run country and not ruled from Berlin/Brussels which it is now. [Post edited 8 Feb 2017 20:57]
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| Greece facing another crisis on 20:52 - Feb 8 with 2595 views | siralan |
| Greece facing another crisis on 20:51 - Feb 8 by Highjack |
I hope so for their own sakes. I love Greece and the Greek people, they deserve better than this. |
Absolutely.
The Germans inflicting their wrath on the Greek government for giving the Greek pensioners a small Christmas bonus was sick. [Post edited 8 Feb 2017 20:54]
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| Greece facing another crisis on 10:04 - Feb 9 with 2493 views | dailew |
| Greece facing another crisis on 20:52 - Feb 8 by siralan |
Absolutely.
The Germans inflicting their wrath on the Greek government for giving the Greek pensioners a small Christmas bonus was sick. [Post edited 8 Feb 2017 20:54]
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Doesn't Greece have the most generous pensions in Europe?
If they don't like the conditions they can firk off out of the Euro and EU.
They can then return to being the economic powerhouse they once were. |  |
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| Greece facing another crisis on 10:07 - Feb 9 with 2491 views | blueytheblue |
| Greece facing another crisis on 20:51 - Feb 8 by Highjack |
I hope so for their own sakes. I love Greece and the Greek people, they deserve better than this. |
Well... you say that...
The reality is Greek tax collection levels were at a pathetically low level for god knows how long. It's hard to have a great deal of sympathy when it appears they wanted the pensions, the benefits whilst not wanting to pay taxes to support it.
Systemic problems of successive governments there sure but it's also a problem that occurs when Greece appears to have had, for the most part, a cash in hand economy. | |
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| Greece facing another crisis on 10:09 - Feb 9 with 2484 views | swanjackal |
| Greece facing another crisis on 20:46 - Feb 8 by blueytheblue |
Brexit followed by Grexit. |
Followed by Itexit, Holexit, Frexit the way things are going. |  |
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Hypocritically hypocritical ! |
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| Greece facing another crisis on 10:11 - Feb 9 with 2478 views | blueytheblue |
| Greece facing another crisis on 10:09 - Feb 9 by swanjackal |
Followed by Itexit, Holexit, Frexit the way things are going. |
When one nation / entity wants to leave, you can reasonably claim it's down to that nation / entity wants to leave.
If others want to leave... then the EU needs to start looking at itself to learn the reasons why. | |
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| Greece facing another crisis on 10:19 - Feb 9 with 2465 views | dailew |
| Greece facing another crisis on 10:07 - Feb 9 by blueytheblue |
Well... you say that...
The reality is Greek tax collection levels were at a pathetically low level for god knows how long. It's hard to have a great deal of sympathy when it appears they wanted the pensions, the benefits whilst not wanting to pay taxes to support it.
Systemic problems of successive governments there sure but it's also a problem that occurs when Greece appears to have had, for the most part, a cash in hand economy. |
They're like the fückwit relative/ friend living way beyond their means who keep on slagging you off yet keep coming back to tap you for more money.
They say this time it'll be different as they drive off in their brand new leased BMW.
. [Post edited 9 Feb 2017 10:33]
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| Greece facing another crisis on 10:54 - Feb 9 with 2425 views | Lord_Bony |
It's a race to see who will collapse financially first.
Europe or America.
(Followed by WW3 obviously like). |  |
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| Greece facing another crisis on 11:09 - Feb 9 with 2408 views | siralan |
| Greece facing another crisis on 10:54 - Feb 9 by Lord_Bony |
It's a race to see who will collapse financially first.
Europe or America.
(Followed by WW3 obviously like). |
1/100 Europe. | | | |
| Greece facing another crisis on 11:21 - Feb 9 with 2394 views | Lord_Bony |
| Greece facing another crisis on 11:09 - Feb 9 by siralan |
1/100 Europe. |
EUR v USD
My monies on a dollar collapse. | |
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| Greece facing another crisis on 11:22 - Feb 9 with 2393 views | blueytheblue |
| Greece facing another crisis on 11:09 - Feb 9 by siralan |
1/100 Europe. |
No-brainer.
USA, comprised of states with common language and economic system ( with variations in state taxes )
EU, comprised of disparate languages and a desperate attempt to create common currency despite the nations economics being vastly different. | |
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| Greece facing another crisis on 11:40 - Feb 9 with 2379 views | Lord_Bony |
| Greece facing another crisis on 11:22 - Feb 9 by blueytheblue |
No-brainer.
USA, comprised of states with common language and economic system ( with variations in state taxes )
EU, comprised of disparate languages and a desperate attempt to create common currency despite the nations economics being vastly different. |
The problem is the US dollar is propped up by oil,or petro dollars....all oil transactions have to be done in dollars.
It is very vulnerable at the moment as we ve seen recently with countries like Iran threatening to ditch it. If a few more countries did the same it would collapse overnight. | |
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| Greece facing another crisis on 11:48 - Feb 9 with 2365 views | siralan |
| Greece facing another crisis on 11:40 - Feb 9 by Lord_Bony |
The problem is the US dollar is propped up by oil,or petro dollars....all oil transactions have to be done in dollars.
It is very vulnerable at the moment as we ve seen recently with countries like Iran threatening to ditch it. If a few more countries did the same it would collapse overnight. |
The oil price collapsed from over 110$ a barrel to last year under 30$.USA still out performed the EU.Its back up to 55$ a barrel now. [Post edited 9 Feb 2017 11:53]
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| Greece facing another crisis on 11:53 - Feb 9 with 2363 views | Lord_Bony |
| Greece facing another crisis on 11:48 - Feb 9 by siralan |
The oil price collapsed from over 110$ a barrel to last year under 30$.USA still out performed the EU.Its back up to 55$ a barrel now. [Post edited 9 Feb 2017 11:53]
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The price of oil is immaterial.
It's the fact that all oil transactions have to be carried out in petroleum dollars is what currently backs up the currency.
That's why the US is at the mercy of the Saudis and OPEC. | |
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| Greece facing another crisis on 12:00 - Feb 9 with 2352 views | siralan |
You've gone off on a tangent,we could all think up scenarios for the fall in any region of the world.
EU average growth last 5 years 1.8% USA 2.2%.
We all know the EU is a house of cards and it's only time it comes tumbling down,maybe not this year or next year but it will come down. [Post edited 9 Feb 2017 12:01]
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| Greece facing another crisis on 12:04 - Feb 9 with 2337 views | Lord_Bony |
| Greece facing another crisis on 12:00 - Feb 9 by siralan |
You've gone off on a tangent,we could all think up scenarios for the fall in any region of the world.
EU average growth last 5 years 1.8% USA 2.2%.
We all know the EU is a house of cards and it's only time it comes tumbling down,maybe not this year or next year but it will come down. [Post edited 9 Feb 2017 12:01]
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Any Ponzi scheme or fiat currency is a house of cards...and history has proven all eventually collapse.
I don't think I've gone off the tangent...my question was which currency will collapse first.
Imho it's the dollar....that of course is if the EU and the Euro does not implode first.
This post has been edited by an administrator | |
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| Greece facing another crisis on 12:13 - Feb 9 with 2323 views | blueytheblue |
| Greece facing another crisis on 12:04 - Feb 9 by Lord_Bony |
Any Ponzi scheme or fiat currency is a house of cards...and history has proven all eventually collapse.
I don't think I've gone off the tangent...my question was which currency will collapse first.
Imho it's the dollar....that of course is if the EU and the Euro does not implode first.
This post has been edited by an administrator |
So the dollar will collapse first unless the euro collapses first.
That clears things up ;) | |
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| Greece facing another crisis on 12:16 - Feb 9 with 2320 views | Lord_Bony |
Ew knows what I mean butt. | |
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