Greece what now - Page 4

zoesgift · 13-07-2015, 04:41 PM

they bring the drachma back there will be a lot of expats who will be presenting to banks here wishing to convert their stashes of a long lost currency

Syndrome · 13-07-2015, 06:29 PM

Quote:

Originally Posted by blueoval

Agree. Only postponing the inevitable with this bailout.

And each bailout to date has made the situation worse.

Trump · 13-07-2015, 06:42 PM

So much for "people power":

http://www.theage.com.au/world/greec...13-gibbik.html

......g sellouts!!!

Franco Cozzo · 14-07-2015, 06:46 AM

Quote:

Originally Posted by Loud_Noises

So much for "people power":

http://www.theage.com.au/world/greec...13-gibbik.html

......g sellouts!!!

Germany couldn't control Europe with Hitler's tanks in the 1930s/40s so now they just do it with their banks.

Trump · 14-07-2015, 07:10 AM

If Greece is that desperate to stay in the EU, their situation must be far worse than what is commonly believed. Like complete disintegration of the Hellenic Republic should they make a Grexit.

**Polyal** · 14-07-2015, 07:11 AM

I think the "referendum" was a tool to ease potential riots and buy (pun) them some time.

The President would have been beheaded (come to think of it..it was the French that started that crap!) and the country would riot if it was in France.

Yellow_Festiva · 14-07-2015, 08:52 AM

The next few weeks will be interesting. Why oh why are they giving them more money? Are they mad?

wonder if they got a better deal using cash?

The past and future bailout figures are insane.... don't they already owe $400 odd billion right now?

Syndrome · 14-07-2015, 09:38 AM

This will not end well for the Greeks. Social unrest will be the next step.

Freiherr · 14-07-2015, 09:42 AM

Maybe if interest rates go into negative teritory, the Greeks might pay off some debt.

blueoval · 14-07-2015, 09:45 AM

Quote:

Originally Posted by Freiherr

Maybe if interest rates go into negative teritory, the Greeks might pay off some debt.

doubtful. They will just resort to their cash ways instead like they have the past number of years.

"I pay kesh"

Harrison · 14-07-2015, 12:37 PM

https://www.youtube.com/watch?v=mII9NZ8MMVM

GASWAGON · 14-07-2015, 03:41 PM

So wot will happen 3 years from now when they still cant pay their debts.

The numbers just dont add up???

Trump · 14-07-2015, 04:02 PM

Quote:

Originally Posted by CoolBFWagon

So wot will happen 3 years from now when they still cant pay their debts.

The numbers just dont add up???

They will try and kick an even bigger can down an increasingly crowded road.

Make no mistake about this, Greece was set up to fail. The Balkan peninsula is the key route for the drug trafficking cartels gettijg their product into Europe. The shipments need protection.

That and the mineral wealth of northern Greece is something the transnationals are salivating about.

jpblue1000 · 14-07-2015, 04:57 PM

europe does not want a failed state so close to the middle east...security risk.
Or
Europe's private banks and EU funded monetary funds took on Greece' debt. the bailouts take public funds, taxpayers money from the rest of the EU 'pay greece' debts' and effectively transfer the funds into private hands. its wealth transfer theft.

JP

Trump · 14-07-2015, 05:55 PM

Quote:

Originally Posted by jpblue1000

europe does not want a failed state so close to the middle east...security risk.
Or
Europe's private banks and EU funded monetary funds took on Greece' debt. the bailouts take public funds, taxpayers money from the rest of the EU 'pay greece' debts' and effectively transfer the funds into private hands. its wealth transfer theft.

JP

Too late, Greece failed in 2010.

Cyprus and Greece are but a prototype; once the bugs are ironed out, the wholesale looting and wealth transfer of the world's biggest economies will be in full swing.

castellan · 15-07-2015, 01:48 PM

Quote:

Originally Posted by Big Damo

Germany couldn't control Europe with Hitler's tanks in the 1930s/40s so now they just do it with their banks.

Is Germany the bad one in all this ?

I think it's the Greek nation that is the bad example.

The Italians and all the nations that are on the down ward path only have themselves to blame.

Just look at the USA they are just a joke, they have no hope at all and who could one point the finger at for it's foolishness.

The whole problem is the nations themselves.

I think it's the majority of people who do not understand reality and many are being mislead by their degenerate governments and media we unfortunately have nowadays.
I hear so much foolish rubbish all the time by wage earning people.
I don't know where they get all there nonsense from.

Now how's this one that I have had tossed at me, didn't you know we are a very rich nation ? You could of fooled me, I thought we were on our ****.
Most people who work for themselves know it for a fact and the rest live in some sort of dream world and start pushing all this fantasy world filth we see today.
There is no excuse at all for what is happening.

Franco Cozzo · 15-07-2015, 02:02 PM

Quote:

Originally Posted by castellan

I hear so much foolish rubbish all the time by wage earning people.
I don't know where they get all there nonsense from.

Now how's this one that I have had tossed at me, didn't you know we are a very rich nation ? You could of fooled me, I thought we were on our ****.
Most people who work for themselves know it for a fact and the rest live in some sort of dream world and start pushing all this fantasy world filth we see today.
There is no excuse at all for what is happening.

I own a small business too, the difference is I don't look down on people as only 'wage earners'.

The banks took a gamble and lost, all this talk about anti socialism but they were the first to hold out their hands in the GFC crying for government money.

Its alright for the banks to hold their hand out but when the little guy does it they're the worst in the world.

Attitude is prevalent everywhere in this society, multi-nationals avoiding paying billions in taxes or banks and companies taking bailouts and handouts but thats fine, the dude in commission housing takes $250/week and gets lynched for it by the conservatives who don't want to pay any taxes just like the Greeks.

gcg2503 · 15-07-2015, 02:09 PM

Quote:

Originally Posted by castellan

Is Germany the bad one in all this ?

I think it's the Greek nation that is the bad example.

The Italians and all the nations that are on the down ward path only have themselves to blame.

Just look at the USA they are just a joke, they have no hope at all and who could one point the finger at for it's foolishness.

The whole problem is the nations themselves.

I think it's the majority of people who do not understand reality and many are being mislead by their degenerate governments and media we unfortunately have nowadays.
I hear so much foolish rubbish all the time by wage earning people.
I don't know where they get all there nonsense from.

Now how's this one that I have had tossed at me, didn't you know we are a very rich nation ? You could of fooled me, I thought we were on our ****.
Most people who work for themselves know it for a fact and the rest live in some sort of dream world and start pushing all this fantasy world filth we see today.
There is no excuse at all for what is happening.

And here I am thinking you only post rubbish in the Classic section.

The blatant arrogance displayed in this post beggars belief.

Trump · 15-07-2015, 02:25 PM

In addition to what I have written above, I'll paste here a comment I made on another forum:

Quote:

Originally Posted by Me

If Greece does go tits up and gets booted, the derivatives bubble in Europe bursts. The credit default swaps are triggered and the bursting bubble will envelop Spain, Portugal and Italy in the process. This will trigger further default swaps and bang, the euro dies and takes the rest of Europe to hell with it. The elite need time to get their money out otherwise the Grexit and the related PIIGS failures would have already happened.

castellan · 15-07-2015, 06:23 PM

Quote:

Originally Posted by Big Damo

I own a small business too, the difference is I don't look down on people as only 'wage earners'.

The banks took a gamble and lost, all this talk about anti socialism but they were the first to hold out their hands in the GFC crying for government money.

Its alright for the banks to hold their hand out but when the little guy does it they're the worst in the world.

Attitude is prevalent everywhere in this society, multi-nationals avoiding paying billions in taxes or banks and companies taking bailouts and handouts but thats fine, the dude in commission housing takes $250/week and gets lynched for it by the conservatives who don't want to pay any taxes just like the Greeks.

It has nothing at all to do with looking down on wage earners at all.

The thing is that such people who only see from their little narrow point of view mainly never have a clue, because the fact is they never have to bother to look at the big picture at all and that where a lot of the total ignorance comes from.
It's like dealing with a child, and I know and don't expect to much from such, because how could such truly have a clue as they know bugger all about business, because the only way to truly understand it, is to have been dealing in it for years.

You are barking up the wrong tree when you mention conservatives, what you are on about is far right liberals and they are not conservatives at all.
A true conservative would never get into such a mess we see today at all and it is totally impossible for such, to be that foolish.

I do look down my nose at cunning far right liberals as low life grubs and also the far left fools. because I know why it is as so.

Syndrome · 16-07-2015, 08:25 AM

Quote:

Originally Posted by Syndrome

This will not end well for the Greeks. Social unrest will be the next step.

As expected.

http://www.zerohedge.com/news/2015-0...ot-police-watc

Dash_XR · 16-07-2015, 08:58 AM

Quote:

Originally Posted by CoolBFWagon

So wot will happen 3 years from now when they still cant pay their debts.

The numbers just dont add up???

I think Obama so far has either doubled or tripled the US debt during his presidency, most country's are ringing up debt they will never pay back. Only difference with the US is they have the means to prevent anyone from coming to get there money back.

Harrison · 16-07-2015, 10:13 AM

"A committee convened by the Greek parliament has claimed much of the country's debt of 320bn euros was illegally contracted and should not be paid.

Following an official parliamentary investigation, speaker Zoe Konstantopoulou described the debt as illegal, illegitimate and odious."

http://www.bbc.com/news/world-europe-33179593

Yellow_Festiva · 16-07-2015, 11:46 AM

Quote:

Originally Posted by Harrison

"A committee convened by the Greek parliament has claimed much of the country's debt of 320bn euros was illegally contracted and should not be paid.

Following an official parliamentary investigation, speaker Zoe Konstantopoulou described the debt as illegal, illegitimate and odious."

http://www.bbc.com/news/world-europe-33179593

320 billion is a whole heap to misappropriate and would have taken ages to squander.

If this is how they are going to be they will hopefully not get another cent.

Yellow_Festiva · 16-07-2015, 11:49 AM

Quote:

Originally Posted by Dash_XR

I think Obama so far has either doubled or tripled the US debt during his presidency, most country's are ringing up debt they will never pay back. Only difference with the US is they have the means to prevent anyone from coming to get there money back.

I'm curios. Is the debt in $US and what's stopping them from just printing off more money?

Trump · 16-07-2015, 12:13 PM

Quote:

Originally Posted by Yellow_Festiva

I'm curios. Is the debt in $US and what's stopping them from just printing off more money?

Besides the foreign bond holders (China, Japan et al), the biggest creditor of the US is the Federal Reserve Bank system.

But alas, the US government gave up the privilege it had to print more currency in 1913.

In other news, the Greek government officially sold out their people:

http://www.theage.com.au/business/wo...0150716-gidd97

Dash_XR · 16-07-2015, 12:16 PM

If you print too much it lowers the value but yeah they are anyway, you can get away with it allot more when you own the petrodollar. I think he has spent more money then the last 20 or so combined, makes the greek debt a drop in the ocean. The conspiracy theorists think he's crashing their economy on purpose.

Harrison · 16-07-2015, 12:27 PM

What now ?

http://www.globalresearch.ca/the-eur...ufakis/5462627

Syndrome · 16-07-2015, 01:09 PM

Quote:

Originally Posted by Harrison

What now ?

http://www.globalresearch.ca/the-eur...ufakis/5462627

A slow motion train wreck.

For those who have time, the following clip is worth watching. What we are seeing in Greece is something which has been brewing for many decades.

https://www.youtube.com/watch?v=iVxaTC7Qp44

castellan · 17-07-2015, 11:07 AM

Quote:

Originally Posted by Yellow_Festiva

I'm curios. Is the debt in $US and what's stopping them from just printing off more money?

Well they have been doing just that, and that's why we had such a strong dollar at the time.

They have been on about the New World Order for some time now and that will correct it all, when it truly comes into full effect.
It's just a one world government that dictates to all, look out if you have money.
But it will not work, it will only in slave people to filthy pagan gods and one that's called Moloch.