*** BREAKING: P I I G S TECHNICAL DEFAULT? ***

Monday will be another RISK OFF day..

Can you give me the P I I G S for dummies version

sovereign countries???


hahahaha

ever heard of the lisbon treaty (euro constitution)?

it looks funny i heared firetrucks with a white cloud like something was burning lol.

well it is up north near the dollard.

When PIIGS fly I will believe in the Euro.

Portugal
Ireland
Italy
Greece
Spain


They be the oikners

Please redesign our financial system, it is outdated!

We don't need a medieval financial system in our technologically advanced world!

At least we are not in denial, unlike the USA??

+ 1000000!

The economy sucks in every single fucking country in the world!

Incompetent leaders? Gimme a break!

The SYSTEM is not applicable any more. That is a fact.

As an Irish Amero can, I am a bit dissapointed that the GOOD OL Fighting Irish are layin down takin it up the wazoo instead of running these crooks out on a rail! I mean USA at least I understand but u guys? Shame... Erin go broke

Globalism has failed. Equilibrium with slave wages has destroyed everything!

Go figure.

Global crises has always been a playground for wars.

TPTB will hardly switch to new economy system overnight.

They need to reset the old one, means war could be easily an option.

UHHH


is this the complaining site for loosing money/power/greed


i just wipe my ANUS with a 500EURO BILL

I think we'll all be doing that soon.

That is the point of this thread.

I want to go to America for cheap again next year :(

Now that is absolutely true.
How about making all debt grow at a logistic or hyperbolic rate instead of exponential.

Form the non-greeks:

[link to en.wikipedia.org]

That way debt would get renegotiated before TSHTF.

Poor quality loans would not get written and the few that were would not grow to infinity.

You worry too much with things you cannot control.

US will default. You Yanks are only delaying the inevitable. You cannot keep printing money forever. Capitalism doesnt work like that.

THIS

[link to uk.news.yahoo.com]

QUOTE:

"...The International Swaps and Derivatives Association (ISDA) was asked on Friday if a restructuring credit event occurred in relation to Bank of Ireland's decision to impose losses on junior bondholders.

The derivatives industry body has the final say on whether a credit event has occurred...."

What's lovely is that the majority of people on GLP are asking for the same thing. I'd like to write out what I see the world should be looking at.

1. Different system to the current monetary/tax/debt/slavery to currency.

2. Release of technological advances which have been kept from the public.

3. Freedom to put who we really want into leadership positions.

4. A reverse of this ever tightening 'security' noose on our freedoms.

5. Freedom to choose our lifestyles, independent of a common system.

6. Revert back to common law.

7. Freedom to grow crops and eat what we choose - and freedom to decide what not to eat.

8. Removal of the penalties and controls placed upon us all by huge commerce and corporations.

9. Alteration of the current work ethic; life is more than work.

10. More spare time to devote to philosophical matters, care for the Earth and one's fellow man.

11. An end to all those wars that are generated for: The benefit of those who orchestrate aggression for financial profit, to steal the wealth of a nation or, to concentrate power and control to the few or, to weaken a nation because it is thriving and successful.

12. Yes, a common, combination, worldwide law system. Leaving the customs of people and nations intact.

13. A recognition and implementation of a new law which states that: Everyone born to Earth has a right, day one of their lives, to a (proportional per populace) claim to estate of Earth without working for it. Thereby, distributing fairly, the benefits reaped from trade, plantations and minerals hereon. With this also, will be responsibility for the health of their portion.

14. Positions of power can only be obtained through consensus of the world's population, under a lawful judgement that; an individual or group has furthered for the better, the future of mankind, the health of the Earth, our health and our children's health and well-being. This must not be created by the false prosperity mechanisms that we see at work today.

The above would replace the monetary system and reinstate truth, and better the ethics of humanity.

thanks!

Before this we must witness the demise of the existing 'system'... shouldn't be too long now!

its a powderkeg here at the minute, and the anti EU sentiment is building daily, it will only be a matter of time my freind. Alot of the sheeple here believed the change in Government would be the answer to their problems, and now they are slowly realising that the new government are a continuation of the last corrupt one, increasing tax, closing hospitals and selling off out natural resources to give the money to their paymasters in the EU and the banks.

its comin...

That is exactly the problem. It makes no difference which government we vote for because none of them are working for the citizens anymore. The Spanish and Greeks know that and it's good to hear the Irish are also realising it. It's our 'democratic' system that elects governments that is at the root of the problems now. We live under fascist regimes that do the bidding of corporations. There is no left, right or centre anymore.

The only oink I've heard was from your mother.

.

Don´t worry. Italy will bail you all out.

.

Tears of joy for the pending doom!!!
At last, some real doom appearing in the horizon!!!

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+1

Us too?? YAY

Yeah... Berlusconi is very generoud :D