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Apparently Mircea missed the recent part where Greece went from buying American weapons they didn't need, to buying German submarines they didn't need. Especially notable was the bribery trial where German companies bribed Greek officials to make the sale happen.
Apparently Mircea missed the recent part where Greece went from buying American weapons they didn't need, to buying German submarines they didn't need. Especially notable was the bribery trial where German companies bribed Greek officials to make the sale happen.
I don't have a TV so I'm not up on current events.
Debt like that should be repudiated by Greece or forgiven by the lender, since it was fraudulent.
Also, there's a difference between being forced to buy weapons and being bribed to buy weapons, but I wouldn't expect some people to understand the difference.
I would point out that when Syria refused to sign a military assistance agreement with the US and buy US weapons, Eisentyrant tried to overthrow the Syrian government, but fortunately failed.
When Egypt refused to sign the agreement, Eisentyrant tried to have Nasser murdered. That was about the same time the US tried repeatedly to murder Prime Minister Nehru of India.
I would suggest that spending less time overthrowing governments and murdering heads-of-State might benefit you, but I forgot that you're entitled to cell-phones and the internet. My mistake.
Apparently...
The fates of weaker EU economies were dealt a cruel blow when, on the heels of the Great Recession, the stronger ones fell under right-wing influences for the completely flawed premises of "austerity". It doesn't work,....
It does work and you ignore examples of Ireland, Iceland, Latvia and others that successfully used austerity.
$2,500 monthly income
$1,000 monthly mortgage
$400 monthly utilities
$600 monthly grocery bill
$900 monthly entertainment/dining out bill
...then the likes of you would cut the $1,000 monthly mortgage, then complain bitterly that austerity doesn't work when they get foreclosed, instead of acting rationally and reducing utilities, grocery and entertainment costs.
You can slash the US budget by $1 TRILLION and crash your economy, or judiciously cut wasteful unnecessary programs by $1 TRILLION and your economy wouldn't skip a beat and would actually improve.
Greece has to cut its pensions and government employee salaries and benefits, but then those are the only things propping up the Greek economy, except that Greece would have to borrow forever in order to pay those pensions, salaries and benefits.
Greece is just going to have to suck it up, and if they cannot hack it, that's just too bad, but the rest of the EU is not obligated to fund the life-styles and Standard of Living of the Greeks.
I know several of the lead negotiators have connections to GS.
Goldman Sachs is everywhere. My GS coffee mug was the go-to model at work, but it doesn't play as well at home since the gold embossing arcs in the microwave.
Quote:
Originally Posted by justanokie
Regardless....they all know this current bailout is a farce. Does nothing to help Greece.
#ThisIsACoup had a lot on that. It remains to be seen whether Tsipras can actually survive. Or Greece or the EU. Strike Five might be just around the next corner.
Apparently Mircea missed the recent part where Greece went from buying American weapons they didn't need, to buying German submarines they didn't need. Especially notable was the bribery trial where German companies bribed Greek officials to make the sale happen.
I just put pompostors on ignore. It's like catching the express train to work. So much faster, and you still get to stop at all the important stations.
Greece won't repudiate the debt and go back to the Drachma because they want to continue spending other people's money. The current leaders are socialists. There's no way they will straighten out their finances on their own.
Socialists, eh? How would you describe yourself? Taxed-enough-already laissez-faire free-marketeer? Wild stallion running proud and free across to golden sunlit prairies?
Are they screwed? Or is it the EU who is going to end up screwed for bailing them out once again? They will be asking for bailout again in a few months since they are going to fall back on all the austerity promises in my view.
All for one, and one for all! Except in the second part if the one is Germany. First part still applies in that case, of course.
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