Prediction: Greece to lay off 300-350K government workers in 1-2 weeks (economy, state) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

summers73 · 10-18-2011, 06:51 PM

From inside sources in country, going to happen within 1-2 weeks of this date. Just wanted to put that out there. You heard it here first.

Will bump thread when I'm right.

Green shoots!

HappyTexan · 10-18-2011, 06:57 PM

Well it was also on foreign sites. But those figures were around 30-50K and by the end of the year.

Greece to unveil retrenchment plan - Europe - Al Jazeera English

evilnewbie · 10-18-2011, 06:59 PM

I was going to say... does Greece even have that many government workers? If so, they should be hundreds of billions in debt...

summers73 · 10-18-2011, 07:07 PM

Quote:

Originally Posted by evilnewbie

I was going to say... does Greece even have that many government workers? If so, they should be hundreds of billions in debt...

40% of Greece's GDP is public sector. I wouldn't be surprised. Friend is stationed in Crete and heard this from what he believes is a reliable source.

EdwardA · 10-18-2011, 07:18 PM

The Socialists will be run out of power, there could be a coup if that happened. I'll believe it when I see it.

Winter_Sucks · 10-18-2011, 07:22 PM

Greece has to sell of state assets, shrink their public workforce, and raise taxes. They bit off more than they can chew and now it's time to deal with the mess they created.

ergohead · 10-18-2011, 07:53 PM

Quote:

Originally Posted by Winter_Sucks

Greece has to sell of state assets, shrink their public workforce, and raise taxes. They bit off more than they can chew and now it's time to deal with the mess they created.

Guess they'll just have to get on board with FedEx, and ship Gyros world-wide.

Winter_Sucks · 10-18-2011, 07:54 PM

Quote:

Originally Posted by ergohead

Guess they'll just have to get on board with FedEx, and ship Gyros world-wide.

Gotta do what ya gotta do.

Mathguy · 10-18-2011, 07:55 PM

Quote:

Originally Posted by summers73

From inside sources in country, going to happen within 1-2 weeks of this date. Just wanted to put that out there. You heard it here first.

Will bump thread when I'm right.

Green shoots!

I think you are wrong, their entire economy will collapse first. But I guess what we disagree on is moot. They are toast. Sooner, later, whenever.

sanrene · 10-18-2011, 08:22 PM

Quote:

Originally Posted by summers73

From inside sources in country, going to happen within 1-2 weeks of this date. Just wanted to put that out there. You heard it here first.

Will bump thread when I'm right.

Green shoots!

If that happens, can't see much being left of their infrastructure. I think those that have been riding the gravy train will burn her down.