Godlike Productions - Conspiracy Forum
Users Online Now: 1,817 (Who's On?)Visitors Today: 722,410
Pageviews Today: 914,102Threads Today: 227Posts Today: 3,514
08:13 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!

 
2012Portal
2012Portal - The Mayan Calendar

User ID: 566027
Netherlands
03/28/2013 06:17 AM

Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data).

So the Cyprus bailout is in fact a back door Greece bailout.

Sure Portugal can have more help, just donít send it to Greece hf
 Quoting: Anonymous Coward 36545374


Sure 172BN is plain BS claim. Are you sure about that?
 Quoting: insertfunnyusername


Right, that cannot be even close to true. A billion or two, maybe (that would be SUSPECT enough).
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
User ID: 36545374
United Kingdom
03/28/2013 06:17 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data).

So the Cyprus bailout is in fact a back door Greece bailout.

Sure Portugal can have more help, just donít send it to Greece hf
 Quoting: Anonymous Coward 36545374


Sure 172BN is plain BS claim. Are you sure about that?
 Quoting: insertfunnyusername


Sorry, got it wrong by 1 billion tounge

Private sector deposits in Cyprus fell by 2.2% in February, to Ä46.4bn, according to data released by the European Central Bank.

The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to Ä171bn.

Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March).

(Copy and paste from the Guardian UK news paper)..
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:17 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Wonder when Germany starts to feel the heat? Its unemployment has taken a turn for the worse.
Workers of the World, Unite. You have nothing to lose but your chains!
2012Portal
2012Portal - The Mayan Calendar

User ID: 566027
Netherlands
03/28/2013 06:18 AM

Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Luis, is there a lot of Russian investments in PT?


This caught my eye too -


More Russians buy vacation property abroad

More and more Russians are buying vacation property abroad, but they may not be aware of all the risks.

More and more Russians are buying vacation homes abroad. If five years ago only wealthy people could buy houses by the sea outside of the former Soviet space, today many middle-class Russians are seeing the appeal, even if it means going into debt. Many new buyers see property abroad as an investment. The financial crisis in the Eurozone has caused real estate prices in France, Spain, Portugal and Cyprus to drop, but investors believe that prices will eventually recover.

full -
[link to rbth.ru]


I think may Russians might be second thinking their investments right about now...
 Quoting: 2012Portal


no i don't think so
 Quoting: Luisport


Thanks. Who is the largest or who are the largest foreign investors in Portugal? UAE, Saudi's?
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
User ID: 23556561
United States
03/28/2013 06:19 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
we just need a european nation!!

1 european people!!

1 nation!!

1 governement!!
 Quoting: Anonymous Coward 36784441


I'm not European so I guess my opinion means even less than yours, but that sounds like a terrible idea.
Luisport (OP)

User ID: 37017409
Portugal
03/28/2013 06:21 AM

Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Luis, is there a lot of Russian investments in PT?


This caught my eye too -


More Russians buy vacation property abroad

More and more Russians are buying vacation property abroad, but they may not be aware of all the risks.

More and more Russians are buying vacation homes abroad. If five years ago only wealthy people could buy houses by the sea outside of the former Soviet space, today many middle-class Russians are seeing the appeal, even if it means going into debt. Many new buyers see property abroad as an investment. The financial crisis in the Eurozone has caused real estate prices in France, Spain, Portugal and Cyprus to drop, but investors believe that prices will eventually recover.

full -
[link to rbth.ru]


I think may Russians might be second thinking their investments right about now...
 Quoting: 2012Portal


no i don't think so
 Quoting: Luisport


Thanks. Who is the largest or who are the largest foreign investors in Portugal? UAE, Saudi's?
 Quoting: 2012Portal


germany, uk, angola, china, spain
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:21 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Luis, is there a lot of Russian investments in PT?


This caught my eye too -


More Russians buy vacation property abroad

More and more Russians are buying vacation property abroad, but they may not be aware of all the risks.

More and more Russians are buying vacation homes abroad. If five years ago only wealthy people could buy houses by the sea outside of the former Soviet space, today many middle-class Russians are seeing the appeal, even if it means going into debt. Many new buyers see property abroad as an investment. The financial crisis in the Eurozone has caused real estate prices in France, Spain, Portugal and Cyprus to drop, but investors believe that prices will eventually recover.

full -
[link to rbth.ru]


I think may Russians might be second thinking their investments right about now...
 Quoting: 2012Portal


no i don't think so
 Quoting: Luisport


Thanks. Who is the largest or who are the largest foreign investors in Portugal? UAE, Saudi's?
 Quoting: 2012Portal


Theres loads of East European money in the PIIGS.
Workers of the World, Unite. You have nothing to lose but your chains!
Luisport (OP)

User ID: 37017409
Portugal
03/28/2013 06:22 AM

Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
we just need a european nation!!

1 european people!!

1 nation!!

1 governement!!
 Quoting: Anonymous Coward 36784441


I'm not European so I guess my opinion means even less than yours, but that sounds like a terrible idea.
 Quoting: Anonymous Coward 23556561


you bet!
recollector

User ID: 26964049
Romania
03/28/2013 06:22 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
we just need a european nation!!

1 european people!!

1 nation!!

1 governement!!
 Quoting: Anonymous Coward 36784441




No, we don't :D
recollector
insertfunnyusername

User ID: 36542915
Greece
03/28/2013 06:23 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data).

So the Cyprus bailout is in fact a back door Greece bailout.

Sure Portugal can have more help, just donít send it to Greece hf
 Quoting: Anonymous Coward 36545374


Sure 172BN is plain BS claim. Are you sure about that?
 Quoting: insertfunnyusername


Sorry, got it wrong by 1 billion tounge

Private sector deposits in Cyprus fell by 2.2% in February, to Ä46.4bn, according to data released by the European Central Bank.

The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to Ä171bn.

Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March).

(Copy and paste from the Guardian UK news paper)..
 Quoting: Anonymous Coward 36545374


You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks.
Anonymous Coward
User ID: 26302253
United Kingdom
03/28/2013 06:24 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Spain is already screwed. 1in 4 youth unemployment
 Quoting: Anonymous Coward 26302253

About 1 in 4 total.
More than 1 in 2 youth unemployment. About 56%

:(
 Quoting: Anonymous Coward 3989631


That's just depressing, isn't it.

By the way, you know all of that money that Norway lent us Euro countries? You don't, er, need it back, at all, do you?

I envy you living in Norway. Beautiful country (and the steakhouse across the square from Oslo train station is great!).
insertfunnyusername

User ID: 36542915
Greece
03/28/2013 06:27 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data).

So the Cyprus bailout is in fact a back door Greece bailout.

Sure Portugal can have more help, just donít send it to Greece hf
 Quoting: Anonymous Coward 36545374


Sure 172BN is plain BS claim. Are you sure about that?
 Quoting: insertfunnyusername


Right, that cannot be even close to true. A billion or two, maybe (that would be SUSPECT enough).
 Quoting: 2012Portal


The talk for savings confiscation was on for at least 2 months before it actually happened, smart ones got out, surprised that they trust the Greek banking system at it's current state though. Could be just Greek businesses having branches there.

Last Edited by insertfunnyusername on 03/28/2013 06:28 AM
An Ordinary Greek
User ID: 36232885
Greece
03/28/2013 06:27 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Well Norway has 15% budget SURPLUS. Unlike other European countries...
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:27 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data).

So the Cyprus bailout is in fact a back door Greece bailout.

Sure Portugal can have more help, just donít send it to Greece hf
 Quoting: Anonymous Coward 36545374


Sure 172BN is plain BS claim. Are you sure about that?
 Quoting: insertfunnyusername


Sorry, got it wrong by 1 billion tounge

Private sector deposits in Cyprus fell by 2.2% in February, to Ä46.4bn, according to data released by the European Central Bank.

The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to Ä171bn.

Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March).

(Copy and paste from the Guardian UK news paper)..
 Quoting: Anonymous Coward 36545374


You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks.
 Quoting: insertfunnyusername


That money could just as easily be repatriated out of Greece so it means nothing.
Workers of the World, Unite. You have nothing to lose but your chains!
Anonymous Coward
User ID: 36545374
United Kingdom
03/28/2013 06:28 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Thatís 2.2 % in February match the (2.2%) of January = (4.4%)

Wonder what the March figure will look like?

In the end it does not matter, as long as the money stays in the family thatís all that counts..5a
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:28 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Get that we are done with money. The EU is done for. And whoever support this will go down :D
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:29 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Well Norway has 15% budget SURPLUS. Unlike other European countries...
 Quoting: An Ordinary Greek 36232885


It does have oil, it has to be said.
Workers of the World, Unite. You have nothing to lose but your chains!
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:29 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
DEATH FOR EURO AND MERKEL!
Luisport (OP)

User ID: 37017409
Portugal
03/28/2013 06:29 AM

Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
DEATH FOR EURO AND MERKEL!
 Quoting: Anonymous Coward 36836032


banana2
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:30 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Well Norway has 15% budget SURPLUS. Unlike other European countries...
 Quoting: An Ordinary Greek 36232885


It does have oil, it has to be said.
 Quoting: Marxist


We have enough to start an economy without all our enemies... and suc we are doing.. >=|
Anonymous Coward
User ID: 36969694
United States
03/28/2013 06:30 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Alright, so what are we talking about?

How many billions do they need?
 Quoting: Anonymous Coward 15022013


Doesn't matter it will never be enough...as long as they continue to dole out more than they take in it's a continuous ongoing failure...sorta like Russ and his fucked up calendar.
 Quoting: BRIEF


The problem is that the world's fractional reserve system always needs more currency to support the leverage (currency) that the expansion created before. The other main problem is that, it takes money from the working productive society and forces the people that operate this system (banks) to keep shoring up this leverage (leverage is their, the banks worth or value) without creating hyperinflation. How are they able to do that?
The way they do this is that there is two ways to create money. One is productive and expansive that benefits and creates new wealth and a productive society (Fractional lending).
The other is non-productive and contracts/shrinks the economy(direct printing of currencies).
If the money was just printed up and dropped from helicopters on pallets it would work, for a while but, it would sacrifice the leveraged wealth, because money that is just printed and that bypasses the fraction lending scheme cannot be specifically steered or directed to the balance sheets of the financial institutions, to create the illusion of solvency.
I am not getting out the Pom Pom's for fractional lending system but, if it was allowed to work we would not be in this situation. There is too much debt and the world's financial institutions must take a "Haircut" to even make a dent in returning us to some type of productive economy. Problem is that a haircut of "just one" financial institution will effect 50 other financial institutions balance sheets (because the leverage was fractionalized) removing the illusion of solvency.
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:32 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Get that we are done with money. The EU is done for. And whoever support this will go down :D
 Quoting: Anonymous Coward 36836032


I'm not sure. The Euro working class are gonna get screwed but I reckon it will continue in a much reduced form...minimal government services and things.
Workers of the World, Unite. You have nothing to lose but your chains!
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:33 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
DID YOU KNOW MERKEL IS TRYING TO BLAME SCANDINAVIA WHEN...AFTER ALL THESE YEARS GERMANY HAS CONTROLLED AND SCANDINAVIA IS NOW WORTH MORE THAN THE E.U....
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:35 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Trust me.. we are the only ones to defeat hitler... and Russias remaining Allie.... but we mean well to Europe first.
An Ordinary Greek
User ID: 36232885
Greece
03/28/2013 06:35 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Well Norway has 15% budget SURPLUS. Unlike other European countries...
 Quoting: An Ordinary Greek 36232885


It does have oil, it has to be said.
 Quoting: Marxist


And its own currency, unlike Greece and 16 other European Nations that rely only on taxation in order to decrease their budget deficits.
Anonymous Coward
User ID: 26302253
United Kingdom
03/28/2013 06:35 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
...


Sure 172BN is plain BS claim. Are you sure about that?
 Quoting: insertfunnyusername


Sorry, got it wrong by 1 billion tounge

Private sector deposits in Cyprus fell by 2.2% in February, to Ä46.4bn, according to data released by the European Central Bank.

The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to Ä171bn.

Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March).

(Copy and paste from the Guardian UK news paper)..
 Quoting: Anonymous Coward 36545374


You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks.
 Quoting: insertfunnyusername


That money could just as easily be repatriated out of Greece so it means nothing.
 Quoting: Marxist


Greece will probably need some of that to pay off LTRO. Makes a change from Bernanke pumping EU banks in the US then the money getting channelled through to pay off LTRO across Europe and make everything look rosy. Yup, you read that right - the Fed has been indirectly bailing out Europe and now US taxpayers have to pay it back. How is that even fair?
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:36 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Actually Merkel is worth more than Mao and Hitlers income.
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:37 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Alright, so what are we talking about?

How many billions do they need?
 Quoting: Anonymous Coward 15022013


Doesn't matter it will never be enough...as long as they continue to dole out more than they take in it's a continuous ongoing failure...sorta like Russ and his fucked up calendar.
 Quoting: BRIEF


The problem is that the world's fractional reserve system always needs more currency to support the leverage (currency) that the expansion created before. The other main problem is that, it takes money from the working productive society and forces the people that operate this system (banks) to keep shoring up this leverage (leverage is their, the banks worth or value) without creating hyperinflation. How are they able to do that?
The way they do this is that there is two ways to create money. One is productive and expansive that benefits and creates new wealth and a productive society (Fractional lending).
The other is non-productive and contracts/shrinks the economy(direct printing of currencies).
If the money was just printed up and dropped from helicopters on pallets it would work, for a while but, it would sacrifice the leveraged wealth, because money that is just printed and that bypasses the fraction lending scheme cannot be specifically steered or directed to the balance sheets of the financial institutions, to create the illusion of solvency.
I am not getting out the Pom Pom's for fractional lending system but, if it was allowed to work we would not be in this situation. There is too much debt and the world's financial institutions must take a "Haircut" to even make a dent in returning us to some type of productive economy. Problem is that a haircut of "just one" financial institution will effect 50 other financial institutions balance sheets (because the leverage was fractionalized) removing the illusion of solvency.
 Quoting: Anonymous Coward 36969694


You sort of have it right there:

The productive layer is the accumulation of labour surplus. In other words, its the energy that workers expend that adds value which the system then monetises.

The fractionalising of that value (as well as securitising it in equity) magnifies this layer.

That initial layer has been largely transferred, by Western capitalists to Asia where billions now provide that capacity. The second layer still resides in the West.

In other words, the elite have the capacity to minimise EU government and drive the workers into destitution (whilst ensuring that their status as consumers is preserved.)
Workers of the World, Unite. You have nothing to lose but your chains!
Anonymous Coward
User ID: 36836032
Norway
03/28/2013 06:38 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
...


Sorry, got it wrong by 1 billion tounge

Private sector deposits in Cyprus fell by 2.2% in February, to Ä46.4bn, according to data released by the European Central Bank.

The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to Ä171bn.

Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March).

(Copy and paste from the Guardian UK news paper)..
 Quoting: Anonymous Coward 36545374


You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks.
 Quoting: insertfunnyusername


That money could just as easily be repatriated out of Greece so it means nothing.
 Quoting: Marxist


Greece will probably need some of that to pay off LTRO. Makes a change from Bernanke pumping EU banks in the US then the money getting channelled through to pay off LTRO across Europe and make everything look rosy. Yup, you read that right - the Fed has been indirectly bailing out Europe and now US taxpayers have to pay it back. How is that even fair?
 Quoting: Anonymous Coward 26302253


We are in a war with the banksters... plz behave like a fking adult. The fed are not paying them out. NORWAY IS.and always has.... UNTIL THIS BS.


KILLKILLKILL THE AMERICANOS.
Marxist

User ID: 8296504
New Zealand
03/28/2013 06:41 AM
Report Abusive Post
Report Copyright Violation
Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
...


You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks.
 Quoting: insertfunnyusername


That money could just as easily be repatriated out of Greece so it means nothing.
 Quoting: Marxist


Greece will probably need some of that to pay off LTRO. Makes a change from Bernanke pumping EU banks in the US then the money getting channelled through to pay off LTRO across Europe and make everything look rosy. Yup, you read that right - the Fed has been indirectly bailing out Europe and now US taxpayers have to pay it back. How is that even fair?
 Quoting: Anonymous Coward 26302253


We are in a war with the banksters... plz behave like a fking adult. The fed are not paying them out. NORWAY IS.and always has.... UNTIL THIS BS.


KILLKILLKILL THE AMERICANOS.
 Quoting: Anonymous Coward 36836032


Its Chinese slave labour that is carrying the West anyways.
Workers of the World, Unite. You have nothing to lose but your chains!

News








We're dropping truth bombs like it's the end of days!