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Greek PM Admits That Greece Is In A Great Depression.

 
Snarf
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User ID: 1528429
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07/22/2012 08:39 PM
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Greek PM Admits That Greece Is In A Great Depression.
Greek Prime Minister Antonis Samaras says his country is facing economic upheaval like that of the devastating U.S. Great Depression of the 1930s.

Mr. Samaras made the comparison Sunday as he met with former U.S. President Bill Clinton, who was in the Greek capital to help promote economic investment. Mr. Samaras is faced with trying to revive the Greek economy, now in its fifth year of recession.

“You had the Great Depression in the United States. This is exactly what we are going through now in Greece. It is our version of the Great Depression.”

[link to blogs.voanews.com]

Not a big shocker, but surprised to hear it.
Snarf (OP)

User ID: 1528429
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07/22/2012 08:56 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
bump
Anonymous Coward
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United States
07/23/2012 10:26 AM
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Re: Greek PM Admits That Greece Is In A Great Depression.
damned
Anonymous Coward
User ID: 19385012
United States
07/23/2012 10:29 AM
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Re: Greek PM Admits That Greece Is In A Great Depression.
that can't be right. we have an Australian shill that keeps posting that his family there report everything is fine and that it is all made up. and that the riots are hollywood films.
Anonymous Coward
User ID: 18581074
United States
07/23/2012 10:40 AM
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Re: Greek PM Admits That Greece Is In A Great Depression.
Greece is fucked - they have no future except as a backward, corrupt, agrarian country that slowly dies over the next 20 years.
eddy

User ID: 4620256
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07/23/2012 10:44 AM
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Re: Greek PM Admits That Greece Is In A Great Depression.
First comes Greece, then comes Italy, then comes Spain, and then______________________________________...
Anonymous Coward
User ID: 16540671
United States
07/23/2012 11:16 AM
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Re: Greek PM Admits That Greece Is In A Great Depression.
The Greeks need to do an Iceland.
LOCUTUS - UNPLUGGED

User ID: 7102816
United States
07/23/2012 11:37 AM

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Re: Greek PM Admits That Greece Is In A Great Depression.
arm bone connected to the cheek bone.

LO~UP
If you placed yourself inside a knot it wouldn't be a knot anymore ~ only strands in seemingly ordered placement (or) you might view them as random depending on your state-of-mind.
Iolair

User ID: 20364725
07/23/2012 12:12 PM

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Re: Greek PM Admits That Greece Is In A Great Depression.
really?
Would have never thought of that.

They should get out of the (T)euro as fest as they can and don´t let them be robbed.
There will come a time when you believe everything ends.
This will be the beginning
[Louis L'Amour]

~ A r c t u r u s
FatalW1shes

User ID: 18009481
United States
07/23/2012 12:21 PM

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Re: Greek PM Admits That Greece Is In A Great Depression.
Until they stand up and replace the Euro they are going to be screwed.


They need to stand up and say enough is enough.

Period.
Anonymous Coward
User ID: 19238945
Spain
07/23/2012 12:47 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
that can't be right. we have an Australian shill that keeps posting that his family there report everything is fine and that it is all made up. and that the riots are hollywood films.
 Quoting: Anonymous Coward 19385012


Most expats are doing fine and those that weren't, have left the country.

Same thing here in Spain and sadly I'm one of those leaving soon. I have work (for other expats) but my son graduated from school last month and with over 52% of under 25s unemployed... it's the best option for his future. Most of his friends plan to sign up for the military because they see it as their only option. I have Spanish friends who are struggling for the cash they need for rent or mortgages but they're doing fine for food because they grow it and keep chickens and goats. Some grow one kind of veg, another keeps goats, another a different kind of veg, then they share it. I'm lucky enough to receive a bag of veg every other week, from friends... bet we won't get that back in England! Oh well, I can't have everything and right now my son's future comes first.

However, the 'other half' are doing fine - either pensioners who get their income paid into the bank every month or wealthy expats who get a trust fund payment every month.
jeffYYZ

User ID: 14049795
Canada
07/23/2012 01:21 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
They should have let them fail in the first place now with the 3rd bail out and an extra 200 billion it is the working people that will have to pay the bill in tax and the tax will be so high that it will not be worth it to work and then they will loose there homes that is sad,,,If i was living there i would sell ever thing now ,get out of that country be for you be come a slave or worse
Anonymous Coward
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United States
07/23/2012 02:03 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
So is America! We just have a safety net that didn't exist in the 1930's.
Anonymous Coward
User ID: 1193128
Netherlands
07/23/2012 02:25 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
Greece was fine until member of the EU. Everyone was fine until the EU came to spoil everything.
You should know I am a stupid, uneducated, old fashioned, stubborn woman.

protest
Anonymous Coward
User ID: 6083489
United States
07/23/2012 02:26 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
This just in... the sun is a hot ball of gas.
Anonymous Coward
User ID: 1193128
Netherlands
07/23/2012 02:30 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
This just in... the sun is a hot ball of gas.
 Quoting: Anonymous Coward 6083489


You must have a lot of energy to spill it like that...5a
Socalmat
User ID: 15092331
United States
07/23/2012 03:57 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
Italians are just ahead of the game.
Socalmat
User ID: 15092331
United States
07/23/2012 03:58 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
I meant Greeks are ahead of the game.
Démodé

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Serbia
07/23/2012 04:20 PM

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Re: Greek PM Admits That Greece Is In A Great Depression.
Greek PM Admits That Greece Is In A Great Depression.




NO shit Sherlock???
norespect
Anonymous Coward
User ID: 20381550
Poland
07/23/2012 04:22 PM
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Re: Greek PM Admits That Greece Is In A Great Depression.
The Greeks need to do an Iceland.
 Quoting: Anonymous Coward 16540671


clappa