Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:insertfunnyusername:MV8xODY4OTU4XzM0NzQ3OTY0X0Q3MjVGQTU3] [quote:Anonymous Coward 28660470:MV8xODY4OTU4XzM0NzQ3ODUyXzE0QTk2Njk2] [quote:insertfunnyusername:MV8xODY4OTU4XzM0NzQ3NjgyX0FCOTkzNUQx] [quote:Anonymous Coward 28660470:MV8xODY4OTU4XzM0NzQ3NTU4X0ZDQTQxQ0RC] Germans are not happy at all either. They talk about democracy in Europe. But I haven´t been able to find anyone who´s happy about what´s going on, who wants the euro. And there are no parties offering an alternative. [/quote] I know Germans are not happy with it too. I found people that are happy with it tbh coz they've made more money with it, [b]corporations and banksters are for sure the only winners of this social-economic experiment.[/b] [quote:Anonymous Coward 28660470:MV8xODY4OTU4XzM0NzQ3NTE5X0VGQ0ZFOTQ5] Btw, the most likely conversion would be 1:1 initially. Then the drachma, lira, peseta, etc. would rapidly depreciate. The devaluation, however, would make it easier to create jobs. Devaluation alone won´t solve the problem. Would just give some respite. But the current combination of structural problems and hard currency is lethal. [/quote] I heard that ours will be about 50-60% of the euro value, will see i guess, i expect the next 3-5 years to be very tense from a social perspective here and agree that the current combination is lethal, [b]we should have defaulted hard in 2009.[/b] If WW begins in the ME though i honestly have no idea what exactly will happen and how many years it will take to recover, it's a game-changer event. [/quote] And politicians, I guess, since they´re running the show as they please. They´ve also repeatedly talked about the "opportunity" offered by crises to get countries to give up their sovereignty... That probably explains why Greece has been held inside the euro. Otherwise, the whole project would fall apart. In the presentation linked before, she also talks about banks writing CDS, which are insurance policies against sovereign defaults. They are profitable, but if a country defaults it´s expensive. By mere chance, all these technocrats, central bankers, etc., come from the same banks... and ensure there is no default. What a coincidence, eh? [/quote] Politicians too for sure, hehe. CDS thing is so fucked up man, i guess you've heard that the first cds of Greek debt that kick started the Greek crisis were sold by the ex-pm Papandreou's team and family? Talking about treason and a fixed game. I too agree that they want to form a super-state with Brussels in full control, but i believe that Greece will be left out of it. [/quote]
3 min Theodora Oikonomides‏@IrateGreek
#Greece Army has ordered a sudden, real-time preparedness exercise of Rapid Response force on a remote island, via @doleross #rbnews
link to twitter.com
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2017 Godlikeproductions.com
Page generated in 0.005s (3 queries)