Alexis Tsipras' "open letter" to German citizens

[Tsing Tao]

I do not pretend at all, I made it simply crystal clear that I do not discuss personal information on this website with anyone. I also told you that you can speculate as much as you like. If you want me to be German then I will be your ugly Kraut.

You don't discuss it except that you did discuss it in the post I linked.

He was not German by the way if you knew your shit.

He was a German citizen, even if he was not born in Germany.

I get more and more the impression however, that you are a huge poser, who talks a lot all day without adding much value. Honestly, what have we learned from you in 19 pages other than "Greece will go bankrupt"?

I had that impression about you from the start. Makes you a slow learner, I guess. But don't despair. We also learned that you can never admit you are wrong about anything at all, are the expert on all financial matters across the globe, have racism and nationalistic tendencies, and are a vulgarian who resorts to flames and such when all else fails.

So yeah, we learned a great deal. And the Greeks are still going to default. My wager on that is still up if you have the balls to accept it.

 

[Tsing Tao]

lol !this thread is going offtracks...

Sorry, man. It's hard to keep up with the lunacy.

 

[d08]

I'm guessing that English isn't your first language, so allow me to explain.

You claim I said that Germans and other Europeans use Greece as a vacation spot. This means they are going there now. What I said was that, if they go back to the Drachma, the cheap tourism destination will bring people back in droves as it was before the Euro.

Is that clear now?

I'm betting your German, aren't you?

A lot of the infrastructure is built using EU money. When I visited an island there not too long ago, the most popular museum was pretty much all done with EU money and it was ridiculously lavish. Greece won't be allowed to be in Schengen if they don't make financial contributions like Norway and Switzerland have, often one-off payments from what I've seen. Do you think Greece would pay millions or possibly billions to be in the Schengen zone?
Without Schengen and the Euro, travelling to Greece from the Eurozone won't be as easy and many people will choose Spain, Portugal, Italy instead or go to Turkey as it's cheaper.

It's also worth noting that tourism in Greece is still booming, Santorini was definitely overcrowded with plenty of Germans, Chinese, Americans, Canadians and even Greeks.
So there won't be any major increase in tourism even if the hatred towards Greece subsides.

 

[Tsing Tao]

Lol, you seriously are saying that someone who invests millions did not question the returns. "Never questioned"? How would you know? You are a clown.

How would you know either way?

All I'm saying is that it is a person's obligation to invest wisely. If they don't, then they've no one but themselves to blame.

 

[volpunter]

guilty! ;-)

lol !this thread is going offtracks...

 

[Tsing Tao]

A lot of the infrastructure is built using EU money. When I visited an island there not too long ago, the most popular museum was pretty much all done with EU money and it was ridiculously lavish. Greece won't be allowed to be in Schengen if they don't make financial contributions like Norway and Switzerland have, often one-off payments from what I've seen. Do you think Greece would pay millions or possibly billions to be in the Schengen zone?
Without Schengen and the Euro, travelling to Greece from the Eurozone won't be as easy and many people will choose Spain, Portugal, Italy instead or go to Turkey as it's cheaper.

Plenty of Europeans visit Croatia to vacation from what I hear. Is Croatia in the zone? You mentioned Turkey. Is that in the zone? It will be the same in Greece with the Drachma - cheap.

Two of the top 5 places for Europeans to vacation are here in the US (Miami is the big one) and Thailand. Neither of those are in the zone.

 

[volpunter]

He was Austrian and became German later.

You don't discuss it except that you did discuss it in the post I linked.



He was a German citizen, even if he was not born in Germany.



I had that impression about you from the start. Makes you a slow learner, I guess. But don't despair. We also learned that you can never admit you are wrong about anything at all, are the expert on all financial matters across the globe, have racism and nationalistic tendencies, and are a vulgarian who resorts to flames and such when all else fails.

So yeah, we learned a great deal. And the Greeks are still going to default. My wager on that is still up if you have the balls to accept it.

 

[volpunter]

Plenty...another of your blanket statements...many Americans go for cheap does not imply the rest of the world does.

Plenty of Europeans visit Croatia to vacation from what I hear. Is Croatia in the zone? You mentioned Turkey. Is that in the zone? It will be the same in Greece with the Drachma - cheap.

Two of the top 5 places for Europeans to vacation are here in the US (Miami is the big one) and Thailand. Neither of those are in the zone.

 

[volpunter]

Also that is not true...the US is not among the top 5 and neither is Thailand. You googled it and found a site that lists 5 "tropical vacation destinations". Again outed for posting BS. (http://www.wearetraveller.com/2012/09/top-5-tropical-destinations-for-europeans.html)

Plenty of Europeans visit Croatia to vacation from what I hear. Is Croatia in the zone? You mentioned Turkey. Is that in the zone? It will be the same in Greece with the Drachma - cheap.

Two of the top 5 places for Europeans to vacation are here in the US (Miami is the big one) and Thailand. Neither of those are in the zone.

 

[i am nobody]

Summary from what I read on financial forum:
60 to 70% of the bonds that Greek banks use as collateral for loans are Greek bonds. From next week on this will cause problems for these Greek banks as Europe will not accept them anymore. Greece already had a very favorite decision from Europe in past because in fact Greek bonds were already a long time junk bonds. This favorite decision is withdrawn now. Greece could take loans at 0,05% interest.
Now banks will have to go to the Central bank of Greece and pay 1,5% , which is 30 times more. It will cost the Greek banks around 900 million Euro a year.
On top of that Europe can forbid the Central bank of Greece to give loans to Greek banks once a certain level has been reached. And Greek banks should also have enough own capital before they can take loans. When the moment arrives that Europe will forbid the National bank of Greece to give loans to Greek banks, Greece will have to leave the Euro.

http://www.wsj.com/articles/a-lesson-in-reality-for-greeces-new-leaders-1423097855