ooby_dooby: Does Greece even have any Dracma's printed up? Outside of tourism what resources does Greece have to generate revenue? Oil? Agriculture? Manufacturing?
Hey dude, why don't u look at u'r country s' dept first, the dept is about $14.trillions,the highest in the humane history.When u be able to understand that,then u could gain clearer view on Greece situation !
ooby_dooby: Does Greece even have any Dracma's printed up? Outside of tourism what resources does Greece have to generate revenue? Oil? Agriculture? Manufacturing?
Greece is the backgtound of European culture. Greeks are the founders of Western philosophcal thought. Greece means: Socrates, Plato, Aristotle, Herodotus, the famous world mathematicians, the initial concept of democracy, the origin of theater, the wonderful architecture, immortal sculptures and pottery and the Olympic games..this is in brief. Oil, sirtaki, sun , wonderful sea are less important than its greatness and no one has the right to treat Greeks like inferior Europeans!!!
felixis99: I completely agree. The Germans and the IMF are convenient scapegoats aren't they? and easy targets. The Greek need to organize to repay. If their leadership did not understand the financial situation they were getting into, they should have. That is their responsibility. I'd check their pocket linings first, and possibly hold them personally responsible
In 1953, Germany paid only a half of the sum it had to pay to umanity. So...
roselilac111: Greece is the backgtound of European culture. Greeks are the founders of Western philosophcal thought. Greece means: Socrates, Plato, Aristotle, Herodotus, the famous world mathematicians, the initial concept of democracy, the origin of theater, the wonderful architecture, immortal sculptures and pottery and the Olympic games..this is in brief. Oil, sirtaki, sun , wonderful sea are less important than its greatness and no one has the right to treat Greeks like inferior Europeans!!!
From Monday the 13/72015 the Greek government,has warned,all European countries,especially the ones in the EU., not to use the term EUROPE,or the monetary unit by that name.in any form whatsoever.Any country or company caught, using the term EUROPE,is liable to a fine of 5 billion€ EURO.
You forgot to mention that the same happened in 1934. Their debt from WW1. A quote by an unknown author.- """ Germany must be bombarded every 50 years,even if they haven't start a new war""".
chris27292729: From Monday the 13/72015 the Greek government,has warned,all European countries,especially the ones in the EU., not to use the term EUROPE,or the monetary unit by that name.in any form whatsoever.Any country or company caught, using the term EUROPE,is liable to a fine of 5 billion€ EURO.
These are the greek reforms?
Perhaps the EU should change its name to fourth Reich.
chris27292729: No,, we are used to €€€€. I hear most Greeks,don't want to change and go back to (Drachma ???). But we going to immigrate to Ireland, 1/2 million of us, to replace the the 1/2 million Irish immigrated from Ireland the last 7 years,as the result of the austerity of the EU,imposed to Ireland.
it didnt effect me i claim disabity money each week, it was the posh boys and girls left ireland
chris27292729: The fourth Reich is over!!! with the introduction of the EURO €€€. Since the unification of Germany,we are witnessing the birth of the Fifth one.-
So if Greece totally defaults, does that justify the European Union (i.e., NATO) seizing Greek territory and selling it/claiming it? If so, do you think they will go for the mainland, or the off shore oil fields first?
Would Turkey be accepted into the EU if they helped with the asset forfeiture actions?
""Seizing (a country's) territory and selling it""" if a country defaults on his debt.???? Must be a first world wide.- Nobody wants Turkey as a full member in the EU. As an associated member yes,as EU is a Christian Club,whatever that means. As a NATO member yes.this way the interest of the USA+Europe in this geopolitical region are protected.
Ken_19: So if Greece totally defaults, does that justify the European Union (i.e., NATO) seizing Greek territory and selling it/claiming it? If so, do you think they will go for the mainland, or the off shore oil fields first?
Would Turkey be accepted into the EU if they helped with the asset forfeiture actions?
LoletteLe Mans, Pays de la Loire France1,691 posts
Ken_19: So if Greece totally defaults, does that justify the European Union (i.e., NATO) seizing Greek territory and selling it/claiming it? If so, do you think they will go for the mainland, or the off shore oil fields first?
Would Turkey be accepted into the EU if they helped with the asset forfeiture actions?
Geographically Turkey is not a part of Europe. Much as they wanted to be, it has not been granted. And i doubt if it's on this claimate, could be the right occassion evoking again their entry.
LoletteLe Mans, Pays de la Loire France1,691 posts
chris27292729: ""Seizing (a country's) territory and selling it""" if a country defaults on his debt.???? Must be a first world wide.- Nobody wants Turkey as a full member in the EU. As an associated member yes,as EU is a Christian Club,whatever that means. As a NATO member yes.this way the interest of the USA+Europe in this geopolitical region are protected.
Yes, i have read, Turkey was often utilized as a military base.
Nidifugous: but they should not have lied about their financial condition and the EU should have checked before they put Greece in to the union.
Yes, the EU should have checked. However, the level of accountability and governance in the EU is shocking. The weakness in governance in the EU remains one of the main reasons for the European crisis.
Nidifugous: If anybody got screwed by all of this, it's the other EU member states and the German tax payers.
They got screwed by their own governments. You also must remember that Germany has benefited more than any other European country due to the introduction of the Euro. And it also stands to lose the most from a break-up of the Euro. Germany can't have it both ways...either a currency union and what comes with that or no currency union.
Nidifugous: Greece was not strongarmed into the Euro. It was a political decision and the country borrowed too much money at low interest rates without having the ability to pay it back. They borrowed billions to build the olympic stadium which now serves no purpose.
Not necessarily true. The stability and growth pact was operating in Europe at the time. The Commission overlooked budgets and other economic data. Germany got as many or more warnings from the Commission than Greece did. You seem to forget that the people who loan money also have responsibilities. If the lending is reckless, they lose their money. Simple as. Not so in the EU case. There remains no "moral hazard" for lenders in Europe.
Nidifugous: they went and blamed the Germans. Everyone knows this. Even the most recent proposal by the new president shields their own rich. Everyone knows this as well, but it's just so much easier to blame someone else. It happens all the time.
Everyone does not know this. But you might be right in saying "blame the Germans" along with the other nonsense idealists who built a financial structure this size that has no exit mechanism. Stupid idea really....
Lolette: THOMAS PIKETTY, is right, young and brillant, have heard him everytime he's on line on the network i'm on, he analized, he's not the lender, what's up there? here,, tough 'til 11pm last night.
Piketty should be another French contender for Nobel Prize in the future. Wonderful economist. However, the powerful don't like him and have labelled him a "Marxist"...I think he has stated that he never even read Marx. So they don't like what he has to say and will attempt to destroy his reputation. Similar thing happening in Greece with misinformation really...
LoletteLe Mans, Pays de la Loire France1,691 posts
epirb: If the Greeks are taking the begging bowl to China they had better be quick as it looks like it is collapsing .
Yeah,,, 4 longest days until sunday,,, breathtaking,,all has been said,, each side seems to stick in their own bargaining point while people are lined in the bank for 60€ per day,,
my opinion is that EU used all Greece's resources in last 20 years. Greece is/was a rich country: so many tourists destinations that brings money, olive oil, grape, wine....As a part of EU, and probably because of manipulation of Government they didnt get paid well for their goods. Just one example from last summer: I was at Rhodes, and tourist guide was showing us one of the oldest historical findings (some old town) and she said: " Archaeologists from Great Britain found some oldest gold pieces, value of those is more than billion dollars and they took it in UK, as a part of EU they do have rights to do that." Shame on EU! that is how strong members of EU getting stronger and surrive - bu eating small countries" All congratulations to Greek people!
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Hey dude, why don't u look at u'r country s' dept first, the dept is about $14.trillions,the highest in the humane history.When u be able to understand that,then u could gain clearer view on Greece situation !