Would you vote to boot them from the Eurozone today if they **** up the most recent cheque they cashed.
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Boot Greece today
- Thread starter tenthousandmen
- Start date
Boot them today? Given the choice they would not have entered in the first place.
Eurozone finance officials are examining ways of delaying parts or even all of the second bailout programme for Greece while still avoiding a disorderly default, several EU sources said on Wednesday.
I dont read about the situation any more, the above is the first headlined I have looked at in a while, merry go round, and round, and round.....
Eurozone finance officials are examining ways of delaying parts or even all of the second bailout programme for Greece while still avoiding a disorderly default, several EU sources said on Wednesday.
I dont read about the situation any more, the above is the first headlined I have looked at in a while, merry go round, and round, and round.....
I'm starting to develop a fondness for Greeks.. they drain the banks and default about every 40 years and all the time they claim that they deserve better treatment and that it's not their fault.. It's sort of cute really, sort of like Mama's favorite child that can get away with anything... After they pull it off this time they will probably put a big sorry look on their face and admit they were bad and promise that it will never happen again..
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Greece, just default, leave the euro and screw over the gerries.
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Greece, just default, leave the euro and screw over the gerries.
Germanyâs Wolfgang Schäuble is entering into ever more dangerous waters.
His apparent demand that Greece postpone elections scheduled for April, and impose a technocrat junta (a lâItaliana) for another year without PASOK and New Democracy, takes your breath away. Is this really the position of the German government? Greek democracy be damned?
http://blogs.telegraph.co.uk/financ...100014963/germany-is-playing-with-greek-fire/
Quote from Eight:
I'm starting to develop a fondness for Greeks.. they drain the banks and default about every 40 years and all the time they claim that they deserve better treatment and that it's not their fault.. It's sort of cute really, sort of like Mama's favorite child that can get away with anything... After they pull it off this time they will probably put a big sorry look on their face and admit they were bad and promise that it will never happen again..
This is all assuming the money they are borrowing was generated legitimately (legally, fairly) in an open market, and not coming from a black market.
Quote from Eight:
I'm starting to develop a fondness for Greeks.. they drain the banks and default about every 40 years and all the time they claim that they deserve better treatment and that it's not their fault.. It's sort of cute really, sort of like Mama's favorite child that can get away with anything... After they pull it off this time they will probably put a big sorry look on their face and admit they were bad and promise that it will never happen again..
This article discusses what i mean by "black market".
Briefly, there are a couple of frauds possible in regards to credit.
1.) The borrower may falsify a declaration of assets in order to get more credit than an honest report of assets would have warranted.
2.) The lender may falsify a declaration of assets in order to lend more credit than an honest report of assets would have permitted.
In other words, a lender may be lending what is tantamount to counterfeit currency. In that case, all complaints about Greece defaulting are as unfair as the original deal to lend funny money (unearned) in return for a legitimately earned gross national product, through the sale of products or services.
A "black" market is a market you don't know about, a secret market, where you don't know where the money is coming from. It's non-transparent. The involvment of a private party in the Greek deal renders this whole deal "black". Until you know where the money is coming from that's being offered to Greece, whether it was legitimately obtained or not, you have no basis for complaint about what Greece does, or does not do.