Godlike Productions - Conspiracy Forum
Users Online Now: 1,854 (Who's On?)Visitors Today: 551,111
Pageviews Today: 788,297Threads Today: 231Posts Today: 3,826
09:03 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Greek Situation - Too Little Too Late - Default a High Probability

 
Anonymous Coward
User ID: 964768
Greece
05/08/2010 03:51 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
[link to www.zerohedge.com]

Great Video explaining the situation

Tim Backshall Of CDR Summarizies The Greek Predicament In 3 Quick Minutes
Submitted by Tyler Durden on 05/07/2010 15:43 -0500

Bear Stearns Greece Gross Domestic Product Kool-Aid

One of the smarter people out there, yet one who constantly confuses his hopium kool-aid for other more alcoholically infused beverages, Credit Research's Tim Backshall, provides our temporally challenged viewer a 3 minutes crystal summary on the next steps for Greece (sorry, no Hollywood ending here), what record negative basis spreads mean (ref: Hollywood ending), on why idiots who say Greece is irrelevant with its mere 3% of European GDP are idiots (ref: Bear Stearns), what the contagion will look like, and how a Greek restructuring will be effectuated (will, not may).
 Quoting: aVian


More Wall street whine, on why EURO didn't collapse?

rivotears

cry me a river.
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:00 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Greece and Goldman Sachs

The Greeks have been over-spending for decades. I mean stupid stuff, such as allowing civil servants to retire in their 40’s, and permitting their unmarried or divorced daughters to collect their pension after they have died. Government-owned and hugely unprofitable Olympic Airways, government-owned and unprofitable utilities, hundreds of benefit programs and subsidies of every sort, have made Greece the classic example of government gone wrong, thanks to politicians, naturally. The same has gone on in most nations, and especially Portugal, Spain, Japan, Ireland, the UK, and of course The United States. Not a single citizen in any of the beleaguered nations with debts to the sky, voted for these debts. I didn’t vote to make America have a $13 trillion current debt, did you? I am certain that not a single Greek voted for out of control spending either, but once all these ‘ programs’ and bailouts were in place, it is virtually impossible to ever get them off, at least without riots, strikes, and violence, which happen to be going on right now in Greece. It will happen here too, and especially in the big cities, mark my words.

In order to make their huge payment due in early May, the Greeks didn’t know what to do other than beg and borrow. They cut programs and bailouts, but that’s resulting in civil unrest. Germany has a strong economy, and its government thought seriously about bailing out Greece. The Germans howled in anger over that proposal, but it happened anyway. Forget the opinion of the populace! The IMF loaned, as did other foolish national treasuries, so Greece has been saved...for a short time. How can Greece ever pay back the loans? Any euros it borrows will command huge interest rates, because its credit rating has been reduced to “Junk.” I wouldn’t loan Greece an ounce of gold, and I am sure you wouldn’t either. Too big a risk. Quite a quandary for Greece, repaying the loans, and believe me, the exact same thing will happen to Spain, Portugal, Japan, the UK, and of course right here in America. Spain is in virtually the same predicament as Greece, and it has an economy five times as large as Greece. All thanks to stupid, greedy politicians...and in this case...Goldman Sachs. How?

From a February article in of all places, the New York Times, comes the crookedness of both Goldman Sachs as well as Greek politicians. From the Journal piece:

“In order to use the euro as currency, a nation can not have more than a certain portion of its economy in debts. Greece was way over the limit. Goldman Sachs came up with an answer which would merely push off the day of reckoning till a future date. The first thing they did was to fabricate an instrument which would push Greece’s health care debt far into the future, similar to a homeowner taking out a second mortgage. It had worked before. In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow millions, people familiar with the transaction said. That deal, hidden from the public view because it was treated as a currency trade rather than a loan, helped Athens to meet Europe’s deficit rules, while continuing to spend beyond its means. As in the American sub-prime crisis, financial derivatives played a role i n the run up of Greek debt. Instruments developed by Goldman Sachs, J.P. Morgan Chase, and a wide range of other banks, enabled politicians to mask additional borrowing in Greece, Italy, and possibly elsewhere. In dozens of deals across the continent, banks provided cash upfront, in return for government payments in the future, with those liabilities left off the books. Greece, for example, traded away the rights to airport fees, and lottery proceeds for years to come. Wall Street did not create the Greek debt problem, but bankers enabled Greece to borrow beyond their means, in deals that were perfectly legal.”

The Senate grilled Goldman Sachs big shots, and never did get a good answer to their questions. They did a perfectly ‘legal;’ thing, and that was to sell junk to the unwary, shallow, vote hungry politicians, and then short on the deal, and make a lot of money. Did Goldman make a lot of commissions helping Greece get into trouble? Did they profit hugely from the shorts after selling the instruments? Of course, and it was perfectly “legal.” Did any citizen or group of citizens vote for it? Of course not! Who will pay? The only political answer is, MORE TAXES! Politicians are so god-awful stupid, and economically illiterate, that the bunch of them should be voted out today, not in November.

Now, the Obama clique is speaking of a VAT (value added tax) which taxes an item at every single stage of its manufacture or production. I have an idea: CUT SPENDING! The Tea Party Movement has nothing to with race, but about both Republican and Democrat wild spending, just like in Greece. All the spending over the decades since FDR, has given us and other nations, an underclass, which depends on the handouts, public housing, food stamps, and all sorts of government freebies, paid by us in the form of declining dollar value and outrageous taxes, to simply live, copulate, and produce endless more numbers of the underclass. When the s--t hits the fan, and politicians finally decide to cut spending to pay at least some of the debt, the underclass will riot, burn, and ransack. Get out of the big cities, and protect yourself with gold and silver, against a surefire, oncoming, hyper-inflation.

Regards,
Don Stott
Colorado Gold.com
 Quoting: Wake Up


What Don from Colorado doesn't know is that this debt had gone sky high because the good old US insisted Greece only buys stuff from them. Expensive stuff like warplanes, warships etc. priced like even 20% above original price.
Whenever they tried to go to the Russians to get some bang for the buck US was going like

jihad2

So here it is.
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:02 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The european reaction to all that is rather embarrasingly semi-professional and reminds one of a chicken coop when the fox is in.




No,
It is not the 'European reaction' to blame but rather YOUR GERMANY'S STUPID REACTION, IT WAS MERKEL who created a huge mess, and I'm not the one who says so but your own parliament and she will pay that on the forthcoming elections.
 Quoting: Kanenas


How much economic history do you know about the forming of the Eurozone?
Or do you just take every unsubstantiated claim from failed socialist Greek blogers for granted?
Kanenas

User ID: 964755
Greece
05/08/2010 04:03 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The european reaction to all that is rather embarrasingly semi-professional and reminds one of a chicken coop when the fox is in.




No,
It is not the 'European reaction' to blame but rather YOUR GERMANY'S STUPID REACTION, IT WAS MERKEL who created a huge mess, and I'm not the one who says so but your own parliament and she will pay that on the forthcoming elections.



it is not "my" germany as well as well as you are not "the greeks". could we stop blaming each other and play 'their' game of divide et impera, please? if i could, i would rush to help and defend you and your country against what is done to you, so please do not attack me.

and do you really believe that the election manoeuvers of frau pantsuits are the only wrongdoing and reason for the huge mess to be critizised here? you still seem to not see the larger picture. she is a puppet. and germany is well-known and extremely professional in the role of the mean evil eternal wrongduer. reality is: our whole political system is a corrupt pigsty, our parliament is a rumpus of gasbags who are too silly to understand what they are voting for and our large banks and companies are part of a globalized turd of ruthless elitists excercising powergambles of the worst possible kind. and this nation dares to be embarrassed by the "greek sluttery" as was written in some newspapers. i am so ashamed and angry about my own country i cannot tell you!

at least your poeple go on the streets. mind be borrowing a little pride from that fact to cover my shame that my fellow countrymen are to plugged to do anything?
 Quoting: Anonymous Coward 964746



Thank you for reminding me about the 'divide' thing, but try to remember it again when somebody else from 'your' country say that we are lazy and its good to expell and isolate us. How about that for 'divide and conquer'?
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:13 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Kanenas.

You do know we have a failed socialist government that took control and created all this mess.
You do know this was arranged with wall Street sharks.
You don't know how Germany was pushed by the US to be in a European currency zone.

In Brzezinski's own words the US would be watching Germany in an European Monetary zone and they would feel safer about it, so Germany would not go unchecked in the future.
Now I don;t understand what that unchecked mention was about Germany, it;s not like they would vote some new Hitler in power. I think Germany got to this mess because Us insisted. So Germany ended up having to carry the rest of the Eurozone on its back because the US wanted to play safe if with Russia would go unchecked in the future.

Guess what. THEY FAILED!

And now WE are paying for it.

So It's not the Germans.
Kanenas

User ID: 964755
Greece
05/08/2010 04:18 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Kanenas.

You do know we have a failed socialist government that took control and created all this mess.
You do know this was arranged with wall Street sharks.
You don't know how Germany was pushed by the US to be in a European currency zone.

In Brzezinski's own words the US would be watching Germany in an European Monetary zone and they would feel safer about it, so Germany would not go unchecked in the future.
Now I don;t understand what that unchecked mention was about Germany, it;s not like they would vote some new Hitler in power. I think Germany got to this mess because Us insisted. So Germany ended up having to carry the rest of the Eurozone on its back because the US wanted to play safe if with Russia would go unchecked in the future.

Guess what. THEY FAILED!

And now WE are paying for it.

So It's not the Germans.
 Quoting: Anonymous Coward 964768



Leave your own party politics out of it
And ..Stop watching SciFi movies
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:23 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Well I do understand some stuff..

They probably were afraid that Germany would end up forging deals with Russia and then US would have to kiss Europe entirely bye bye.

Their plan didn't work despite all the Eurozone stuff that evolved differently from what US expected and despite that Germany never forged too strong deals with Russia. They weren't really expecting Russia and China and Iran would come together to make business.
Guess what, not just them, but now Brazil and Venezuela are doing business with all of the three above. US is with its back to the corner.

Notice how our failed socialist government with is Minnesotan born Prime Minister took over, it only took a month after things started going down hill.
US wanted a way out of it;s financial mess and our very P.M. delivered us to the plate.
Now we are the victims of a international money war.

What is even funnier is they think they are just going to go in the Aegean, then just chose the oil spots they would like more and then start the drill baby drill, with the aid of our friendly Muslim neighbors as a cover or a scare, or both.
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:24 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Google is your friend my friend.
No scifi movies.
Actual US foreign policy persons stuff.
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:31 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The european reaction to all that is rather embarrasingly semi-professional and reminds one of a chicken coop when the fox is in.




No,
It is not the 'European reaction' to blame but rather YOUR GERMANY'S STUPID REACTION, IT WAS MERKEL who created a huge mess, and I'm not the one who says so but your own parliament and she will pay that on the forthcoming elections.



it is not "my" germany as well as well as you are not "the greeks". could we stop blaming each other and play 'their' game of divide et impera, please? if i could, i would rush to help and defend you and your country against what is done to you, so please do not attack me.

and do you really believe that the election manoeuvers of frau pantsuits are the only wrongdoing and reason for the huge mess to be critizised here? you still seem to not see the larger picture. she is a puppet. and germany is well-known and extremely professional in the role of the mean evil eternal wrongduer. reality is: our whole political system is a corrupt pigsty, our parliament is a rumpus of gasbags who are too silly to understand what they are voting for and our large banks and companies are part of a globalized turd of ruthless elitists excercising powergambles of the worst possible kind. and this nation dares to be embarrassed by the "greek sluttery" as was written in some newspapers. i am so ashamed and angry about my own country i cannot tell you!

at least your poeple go on the streets. mind be borrowing a little pride from that fact to cover my shame that my fellow countrymen are to plugged to do anything?



Thank you for reminding me about the 'divide' thing, but try to remember it again when somebody else from 'your' country say that we are lazy and its good to expell and isolate us. How about that for 'divide and conquer'?
 Quoting: Kanenas


It is useful if you note that there is a HUGE Turkish Muslim population in Germany today. They would follow suit with whatever their government would tell them because it is keeping close ties with them.
Would it be too much to say that all the anti-Greek hysteria in Germany might had something to do with all those Muslim voters lobbying, or to say it more precisely BLACKMAILING about in view of the coming elections in Germany, in the hope they would help their Muslim government in Turkey to start a resource grab with some oil consortium in the Aegean?
Anonymous Coward
User ID: 964768
Greece
05/08/2010 04:37 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
I hear crickets chirping..

once more no answers, no cool comebacks..

awwww....

Might have to do with the fact that ole Georgy the socialist failed. How about some fresh election dates then? lmao
Anonymous Coward
User ID: 964746
Germany
05/08/2010 04:54 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Kanenas.

You do know we have a failed socialist government that took control and created all this mess.
You do know this was arranged with wall Street sharks.
You don't know how Germany was pushed by the US to be in a European currency zone.

In Brzezinski's own words the US would be watching Germany in an European Monetary zone and they would feel safer about it, so Germany would not go unchecked in the future.
Now I don;t understand what that unchecked mention was about Germany, it;s not like they would vote some new Hitler in power. I think Germany got to this mess because Us insisted. So Germany ended up having to carry the rest of the Eurozone on its back because the US wanted to play safe if with Russia would go unchecked in the future.

Guess what. THEY FAILED!

And now WE are paying for it.

So It's not the Germans.



Leave your own party politics out of it
And ..Stop watching SciFi movies
 Quoting: Kanenas


but, sorry, he is right in most parts! that has nothing to do with scifi!

do you really believe we germans had any say in our way into the euro? no one here did want to have that money, people were mad against it and could not do anything against it as the creation of the eurozone *with* germany as the main player was the clear demand to former chancellour kohl by the french president to get the ok for reunification. if we would not have applied we would have no reunification, it is as easy as that. this is a historic fact, the papers about that exist. the question is who told the french to deliver the message?

if this country would dare to go it's own way (the way the people wish) how long do you think it would take until the allies and "victors" of ww2 would show us discretely who is boss?

that does not say we are innocent voctims of unhappy cirumstances. but the way we can manage things is so limited and we are so interwoven into the globalist shit that i personally see no way out of all that mess we are in without either a wonder or something else, which no one in europe does want to experience again, be it revolution or war ...
Anonymous Coward
User ID: 952037
United States
05/08/2010 04:58 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
HOW COME NO ONE EVER ASKS THE QUESTION, "WHO, EXACTLY, DO THE GREEK PEOPLE OWE THIS DEBT TO?"


Greece had this old debt since long ago , they decided to hide with a little help from GS's and GPM's and their exotic financial derivatives mechanisms ...in order to be accepted in the Euro zone !!
E.U KNEW IT BUT THEY DECIDED TO PLAY THE GAME !!
GAME OVER !!
hiding
 Quoting: Anonymous Coward 905800



and......GS's and GPM's knew of this old debt as well, and then made bets it would fail...gee



Well, I would not even say it was a bet. A bet is gamble that you may win or loose, but when you own the house, its a sured thing.
Anonymous Coward
User ID: 964746
Germany
05/08/2010 05:02 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
and one thing on top of my post before:

there is nothing, absolutely nothing which 'they" fear so terribly as a german-russian alliance, as this would destroy the whole plans and the delicate balance 'they' created for so long. hitsory speaks for itself. just start looking on how war was used and nation's borders were changed afterwards and nations created accordingly to plan to prevent this nightmare they fear. a zone of mutual interest from the pacific to the atlantic, if france would step in. you will see soon how real all this is still today ...
Anonymous Coward
User ID: 939950
United States
05/08/2010 05:05 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
My understanding is that Greece has approx. 35% of it's economy untaxed. I guess this means 35% is the "black market".

The US seems to be going in the same direction, but we have the greatest tax collecting agency in the world. I have heard we only have about 5% "black market" of our economy untaxed.

I'm sure this is a huge reason we are not where Greece is yet. What do you thing?
 Quoting: Anonymous Coward 792204


I think the IRS isn't an agency of the US
Skylla
User ID: 964818
Slovakia
05/08/2010 05:07 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The european reaction to all that is rather embarrasingly semi-professional and reminds one of a chicken coop when the fox is in.




No,
It is not the 'European reaction' to blame but rather YOUR GERMANY'S STUPID REACTION, IT WAS MERKEL who created a huge mess, and I'm not the one who says so but your own parliament and she will pay that on the forthcoming elections.



it is not "my" germany as well as well as you are not "the greeks". could we stop blaming each other and play 'their' game of divide et impera, please? if i could, i would rush to help and defend you and your country against what is done to you, so please do not attack me.

and do you really believe that the election manoeuvers of frau pantsuits are the only wrongdoing and reason for the huge mess to be critizised here? you still seem to not see the larger picture. she is a puppet. and germany is well-known and extremely professional in the role of the mean evil eternal wrongduer. reality is: our whole political system is a corrupt pigsty, our parliament is a rumpus of gasbags who are too silly to understand what they are voting for and our large banks and companies are part of a globalized turd of ruthless elitists excercising powergambles of the worst possible kind. and this nation dares to be embarrassed by the "greek sluttery" as was written in some newspapers. i am so ashamed and angry about my own country i cannot tell you!

at least your poeple go on the streets. mind be borrowing a little pride from that fact to cover my shame that my fellow countrymen are to plugged to do anything?



Thank you for reminding me about the 'divide' thing, but try to remember it again when somebody else from 'your' country say that we are lazy and its good to expell and isolate us. How about that for 'divide and conquer'?


It is useful if you note that there is a HUGE Turkish Muslim population in Germany today. They would follow suit with whatever their government would tell them because it is keeping close ties with them.
Would it be too much to say that all the anti-Greek hysteria in Germany might had something to do with all those Muslim voters lobbying, or to say it more precisely BLACKMAILING about in view of the coming elections in Germany, in the hope they would help their Muslim government in Turkey to start a resource grab with some oil consortium in the Aegean?
 Quoting: Anonymous Coward 964768


Do you think, that Germans are happy about Turks in Germany ? I'm sure they aren't. But there is no way out.
NY
User ID: 964820
United States
05/08/2010 05:09 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
HOW COME NO ONE EVER ASKS THE QUESTION, "WHO, EXACTLY, DO THE GREEK PEOPLE OWE THIS DEBT TO?"
__________________________________________
Who cares? America needs to step up to the plate and bail out Greece. There is no reason why Greeks should have to be inconvenienced with high debt and austerity measures.
 Quoting: Anonymous Coward 941434

__________________________________________


ohyeah __________________ clappa
__________________________________________
Olduvai
User ID: 771409
United States
05/08/2010 05:18 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Anonymous Coward
User ID: 964746
Germany
05/08/2010 05:25 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The european reaction to all that is rather embarrasingly semi-professional and reminds one of a chicken coop when the fox is in.




No,
It is not the 'European reaction' to blame but rather YOUR GERMANY'S STUPID REACTION, IT WAS MERKEL who created a huge mess, and I'm not the one who says so but your own parliament and she will pay that on the forthcoming elections.



it is not "my" germany as well as well as you are not "the greeks". could we stop blaming each other and play 'their' game of divide et impera, please? if i could, i would rush to help and defend you and your country against what is done to you, so please do not attack me.

and do you really believe that the election manoeuvers of frau pantsuits are the only wrongdoing and reason for the huge mess to be critizised here? you still seem to not see the larger picture. she is a puppet. and germany is well-known and extremely professional in the role of the mean evil eternal wrongduer. reality is: our whole political system is a corrupt pigsty, our parliament is a rumpus of gasbags who are too silly to understand what they are voting for and our large banks and companies are part of a globalized turd of ruthless elitists excercising powergambles of the worst possible kind. and this nation dares to be embarrassed by the "greek sluttery" as was written in some newspapers. i am so ashamed and angry about my own country i cannot tell you!

at least your poeple go on the streets. mind be borrowing a little pride from that fact to cover my shame that my fellow countrymen are to plugged to do anything?



Thank you for reminding me about the 'divide' thing, but try to remember it again when somebody else from 'your' country say that we are lazy and its good to expell and isolate us. How about that for 'divide and conquer'?


It is useful if you note that there is a HUGE Turkish Muslim population in Germany today. They would follow suit with whatever their government would tell them because it is keeping close ties with them.
Would it be too much to say that all the anti-Greek hysteria in Germany might had something to do with all those Muslim voters lobbying, or to say it more precisely BLACKMAILING about in view of the coming elections in Germany, in the hope they would help their Muslim government in Turkey to start a resource grab with some oil consortium in the Aegean?


Do you think, that Germans are happy about Turks in Germany ? I'm sure they aren't. But there is no way out.
 Quoting: Skylla 964818


there are 112000 turks legally in berlin. and on top of that an estimted 80000 of them illegally. the largest turkish population outside turkey.
then there are 350000 people from other countries, firstly poles (45000) and then many others from all over europe and around the globe.
and then there are 3,3 million germans. the turks and the other muslim immigrants are extremely disliked by most of the germans.
well, who do you think will get his ass kicked if things get bad?
Skylla
User ID: 964818
Slovakia
05/08/2010 05:36 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The european reaction to all that is rather embarrasingly semi-professional and reminds one of a chicken coop when the fox is in.




No,
It is not the 'European reaction' to blame but rather YOUR GERMANY'S STUPID REACTION, IT WAS MERKEL who created a huge mess, and I'm not the one who says so but your own parliament and she will pay that on the forthcoming elections.



it is not "my" germany as well as well as you are not "the greeks". could we stop blaming each other and play 'their' game of divide et impera, please? if i could, i would rush to help and defend you and your country against what is done to you, so please do not attack me.

and do you really believe that the election manoeuvers of frau pantsuits are the only wrongdoing and reason for the huge mess to be critizised here? you still seem to not see the larger picture. she is a puppet. and germany is well-known and extremely professional in the role of the mean evil eternal wrongduer. reality is: our whole political system is a corrupt pigsty, our parliament is a rumpus of gasbags who are too silly to understand what they are voting for and our large banks and companies are part of a globalized turd of ruthless elitists excercising powergambles of the worst possible kind. and this nation dares to be embarrassed by the "greek sluttery" as was written in some newspapers. i am so ashamed and angry about my own country i cannot tell you!

at least your poeple go on the streets. mind be borrowing a little pride from that fact to cover my shame that my fellow countrymen are to plugged to do anything?



Thank you for reminding me about the 'divide' thing, but try to remember it again when somebody else from 'your' country say that we are lazy and its good to expell and isolate us. How about that for 'divide and conquer'?


It is useful if you note that there is a HUGE Turkish Muslim population in Germany today. They would follow suit with whatever their government would tell them because it is keeping close ties with them.
Would it be too much to say that all the anti-Greek hysteria in Germany might had something to do with all those Muslim voters lobbying, or to say it more precisely BLACKMAILING about in view of the coming elections in Germany, in the hope they would help their Muslim government in Turkey to start a resource grab with some oil consortium in the Aegean?


Do you think, that Germans are happy about Turks in Germany ? I'm sure they aren't. But there is no way out.


there are 112000 turks legally in berlin. and on top of that an estimted 80000 of them illegally. the largest turkish population outside turkey.
then there are 350000 people from other countries, firstly poles (45000) and then many others from all over europe and around the globe.
and then there are 3,3 million germans. the turks and the other muslim immigrants are extremely disliked by most of the germans.
well, who do you think will get his ass kicked if things get bad?
 Quoting: Anonymous Coward 964746


It doesn't need an answer... :-)
GONG

User ID: 154004
Italy
05/08/2010 05:43 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
They pushed this BS for to long and to hard on our throats and now they will get what they deserve, call it divine justice lmao.

And btw Greeks dont have to pay anything back if they default because it was all the time a rigged game made by investment bankers who had nothing other than fake numbers on a terminal who have no value.

bastards are gonna go down really hard, if the euro crash the dollar crash, the bankers out of the scene no microchip no more fake enemies and terrorist BS and a new start.

Last Edited by GONG on 05/08/2010 05:48 PM
“Skepticism is the easiest way: believe nothing, do nothing.

UFO sightings archives [link to www.v-servers.eu]
Anonymous Coward
User ID: 560401
United States
05/08/2010 06:14 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
[link to www.zerohedge.com]

Great Video explaining the situation

Tim Backshall Of CDR Summarizies The Greek Predicament In 3 Quick Minutes
Submitted by Tyler Durden on 05/07/2010 15:43 -0500

Bear Stearns Greece Gross Domestic Product Kool-Aid

One of the smarter people out there, yet one who constantly confuses his hopium kool-aid for other more alcoholically infused beverages, Credit Research's Tim Backshall, provides our temporally challenged viewer a 3 minutes crystal summary on the next steps for Greece (sorry, no Hollywood ending here), what record negative basis spreads mean (ref: Hollywood ending), on why idiots who say Greece is irrelevant with its mere 3% of European GDP are idiots (ref: Bear Stearns), what the contagion will look like, and how a Greek restructuring will be effectuated (will, not may).
 Quoting: aVian


Just like a train wreck company, the quicker they declare chapter 11 the better. Stop throwing good money after bad.

The people are rioting against the government but they drank the kool aid for the last 30 years too.
Anonymous Coward
User ID: 964802
Australia
05/08/2010 06:18 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The people are saying "NO" to the New World Order..

Same fucking story everywhere!!!

Do we have to really come to their homes and cut their throats to make our point.. like we did in the old days???

MAYBE..
Skylla
User ID: 964818
Slovakia
05/08/2010 06:24 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
[link to www.zerohedge.com]

Great Video explaining the situation

Tim Backshall Of CDR Summarizies The Greek Predicament In 3 Quick Minutes
Submitted by Tyler Durden on 05/07/2010 15:43 -0500

Bear Stearns Greece Gross Domestic Product Kool-Aid

One of the smarter people out there, yet one who constantly confuses his hopium kool-aid for other more alcoholically infused beverages, Credit Research's Tim Backshall, provides our temporally challenged viewer a 3 minutes crystal summary on the next steps for Greece (sorry, no Hollywood ending here), what record negative basis spreads mean (ref: Hollywood ending), on why idiots who say Greece is irrelevant with its mere 3% of European GDP are idiots (ref: Bear Stearns), what the contagion will look like, and how a Greek restructuring will be effectuated (will, not may).


Just like a train wreck company, the quicker they declare chapter 11 the better. Stop throwing good money after bad.

The people are rioting against the government but they drank the kool aid for the last 30 years too.
 Quoting: Anonymous Coward 560401


Because they were misguided, government lied to them and to everyone too. If government knows, that budget is limited, and deficit is indefensible they must inform public and not lie about it.
Anonymous Coward
User ID: 560401
United States
05/08/2010 06:25 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
HOW COME NO ONE EVER ASKS THE QUESTION, "WHO, EXACTLY, DO THE GREEK PEOPLE OWE THIS DEBT TO?"
 Quoting: Anonymous Coward 904454



Here's who - [link to learning.blogs.nytimes.com]
Anonymous Coward
User ID: 417076
United States
05/08/2010 07:21 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
HOW COME NO ONE EVER ASKS THE QUESTION, "WHO, EXACTLY, DO THE GREEK PEOPLE OWE THIS DEBT TO?"

Who cares? America needs to step up to the plate and bail out Greece. There is no reason why Greeks should have to be inconvenienced with high debt and austerity measures.
 Quoting: Anonymous Coward 941434

Agreed. I have always wanted the US to provide free health care, free education, and free housing to every man, woman and child on the planet. This can easily be accomplished by borrowing from China.
Anonymous Coward
User ID: 964523
United States
05/08/2010 07:51 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The True Story Behind the Greece Catastrophe. The Side You Won't Hear From the Media.

[link to www.youtube.com]
Anonymous Coward
User ID: 560401
United States
05/08/2010 07:59 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
HOW COME NO ONE EVER ASKS THE QUESTION, "WHO, EXACTLY, DO THE GREEK PEOPLE OWE THIS DEBT TO?"

Who cares? America needs to step up to the plate and bail out Greece. There is no reason why Greeks should have to be inconvenienced with high debt and austerity measures.


HAHAHHAHA. AMERICA HAS NO MONEY ....TRY THE FED !!
hiding
 Quoting: Anonymous Coward 905800


That means you will need another country to sneak into.

1rof1
Anonymous Coward
User ID: 960943
United States
05/08/2010 08:35 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
>>at least your people go on the streets. mind be borrowing a little pride from that fact to cover my shame that my fellow countrymen are to plugged to do anything?
-


well here in the USA we are still loyal to our favorite TeeVee shows: AMERICAN IDOL, etc ya cant say were not 'plugged' in
The Analog Guy
My shit is together

User ID: 768615
United States
05/08/2010 08:44 PM

Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
Tick Tock
I say burn all of your bridges while you still have control of the flame
' "Those who give up freedom in the name of security deserve neither".
Anonymous Coward
User ID: 964992
Greece
05/08/2010 09:27 PM
Report Abusive Post
Report Copyright Violation
Re: Greek Situation - Too Little Too Late - Default a High Probability
The True Story Behind the Greece Catastrophe. The Side You Won't Hear From the Media.

[link to www.youtube.com]
 Quoting: Anonymous Coward 964523


So fucking true...

I really hope my country goes default, hit the restart button and start over... I will be happy if we go default and see many banks and rest EE goes to hell