Grexit (Greece exiting Euro) what would be the consequences?

What would be the consequences of Grexit (Greece exiting Euro)

  • Euro decreasing

    Votes: 11 47.8%

  • Euro increasing

    Votes: 7 30.4%

  • S&P 500 decreasing

    Votes: 8 34.8%

  • S&P 500 increasing

    Votes: 4 17.4%

  • DAX decreasing

    Votes: 9 39.1%

  • DAX increasing

    Votes: 3 13.0%
  • Total voters
    23
zdreg said:
"New Jersey, Chicago and Detroit are not very apt parallels."
explain.

"They had a chance to get tax evasion under control (Average physician reported income there is something like $17,000!!!) by adopting the value added tax,"
the value added tax is evaded everywhere. it is a social engineering tool used by lefties in Europe to further their agenda
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Most countries in Europe that use value added tax are doing well. Value added tax is an efficient way to fund government that makes it much more difficult for the underground cash economy. This is a severe problem in Puerto Rico and a properly administrated value added tax in place of all or a good portion of the island tax would have solved a number of problems. A value added tax is something the U.S. should give serious consideration to.
 
piezoe said:
Most countries in Europe that use value added tax are doing well. Value added tax is an efficient way to fund government that makes it much more difficult for the underground cash economy. This is a severe problem in Puerto Rico and a properly administrated value added tax in place of all or a good portion of the island tax would have solved a number of problems. A value added tax is something the U.S. should give serious consideration to.
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list those outside the Scandinavian countries and Germany. you constantly lie by making statements without offering proof
"A value added tax is something the U.S. should give serious consideration to"
. it is another leftie scheme to re-engineer society.
 
piezoe said:
Most countries in Europe that use value added tax are doing well. Value added tax is an efficient way to fund government that makes it much more difficult for the underground cash economy. This is a severe problem in Puerto Rico and a properly administrated value added tax in place of all or a good portion of the island tax would have solved a number of problems. A value added tax is something the U.S. should give serious consideration to.
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this post is another of your unsubstantiated nonsense to enhance your leftie dreams. unlike you I provide numbers. $177 billion in vat was never collected in 2012. so much for efficiency.
http://europa.eu/rapid/press-release_IP-14-1187_en.htm
if youtube is your sources of information as I suspect since you attributed it to me without any proof. go to it. live your your socialist farce.
 
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zdreg said:
list those outside the Scandinavian countries and Germany. you constantly lie by making statements without offering proof
"A value added tax is something the U.S. should give serious consideration to"
. it is another leftie scheme to re-engineer society.
More...
Austria. (i'll feed them one at a time to you.):) As you ask for them. The information is free, by the way. I don't charge for it. Fell free to take notes. You might want to compare the amounts not collected via a conventional income tax versus the amounts not collected by value added tax before you make up your already-made-up mind.:):)
 
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piezoe said:
Austria. (i'll feed them one at a time to you.):) As you ask for them. The information is free, by the way. I don't charge for it. Fell free to take notes. You might want to compare the amounts not collected via a conventional income tax versus the amounts not collected by value added tax before you make up your already-made-up mind.:):)
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your response shows your character.
 
at anyrate, we know from observation that as far as the EU goes, what Germany has been doing works, and what Greece has been doing failed. Compared to USA they are both socialists.
 
just based on my uneducated opinion, which I learned from watching tv, the way it's presented to me across that glass (or whatever they make it from today) screen, it would seem that Germany is a cutthroat capitalist nation who can hold their own in any any kind of business negotiation. Yet socially, compared to USA, they are very socialist.
 
maybe because Germany accepts their citizens as "Children of the Fatherland", and USA accepts their citizens as "Those and US."
 
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