Let Greece collapse, already - Current Events -Non-political discussion of the topics in the news - Page 19 - City-Data Forum

English Dave · 07-13-2015, 01:24 AM

The can has been kicked down the road once again.........

BobNJ1960 · 07-13-2015, 04:13 AM

Quote:

Originally Posted by WaldoKitty

As expected. Despite the NO vote, the Eurozone finance ministers have agreed to yet another bailout for Greece according to Sky News.

with 50 billion EU collateral. Fair deal. No rehiring of hundreds of thousands gov employees, big pension cuts, etc.

ebbe · 07-13-2015, 09:43 AM

350 billion that won't be repaid.

kettlepot · 07-13-2015, 09:47 AM

Perhaps this is the creation of a new saying along the lines of "Only Nixon could go to China",

- "Only Tsipras could pass austerity" -

WaldoKitty · 07-13-2015, 03:00 PM

Quote:

Originally Posted by BobNJ1960

with 50 billion EU collateral. Fair deal. No rehiring of hundreds of thousands gov employees, big pension cuts, etc.

What happens when the money arrives and then the Greeks fail to meet the demands? (as they always have)

jbgusa · 07-13-2015, 03:06 PM

Quote:

Originally Posted by BobNJ1960

We see what happened. Greece is about to accept a worse deal then they rejected. They need this deal to sharply curtail their spend til ya drop ways.

The deal will be "promises promises" and Greece will quietly not perform. Until the next bailout.

HappyTexan · 07-13-2015, 04:01 PM

So the EU is going to loan money to Greece so they can pay back the previous loans they took from the EU.
Makes perfect sense.

BobNJ1960 · 07-13-2015, 06:16 PM

Quote:

Originally Posted by WaldoKitty

What happens when the money arrives and then the Greeks fail to meet the demands? (as they always have)

Sell the assets. And watch Greece drown.

MPowering1 · 07-13-2015, 06:55 PM

I laughed when I read higher taxes would be part of the deal, since some articles said the tax evaders are the problem. They can raise them as high as they want, if they don't collect them, it's meaningless.

They really should have insisted people from other countries go in and be in charge of cleaning things up and handling the finances. Obviously, nobody in charge is effective, so to minimize the risk, they should have minimized their authority.

English Dave · 07-14-2015, 12:14 AM

The can has had a great big kick further down the road. Good....... it should be ok now for us to go on holiday there for a while........