Greece Elections

John40 said:
One thing has become very obvious and that is Germany is becoming very powerful and totally dominating Europe.

Nobody but nobody in Europe can stand against Germany.
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I'm pleased I'm not the only person who thinks that, and it has nothing to do with Nazi Germany, or the Germans wanting to take over Europe...just that they have become powerful (I know what GDs like ;) )
 
In these turbulent times, I often turn to poetry for comfort. Here's an excerpt from one that is particularly appropriate for Greeks today:

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
then you haven't realised yet just how far up **** creek you are.
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Freakbro said:
Which is meaningless apart from a political soundbite. We're aiming for what, a 3 Bn surplus (bear in mind we've only run a tiny surplus 5 out of the last 35 years) which if we kept that going, it would take us 500 years to pay off our debt....
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no one is aiming to pay off the debt
 
dunker said:
who do we owe the money to?
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the Bank of England owns a big chunk of it these days... thanks to quantitative easing... essentially printing a bunch of money and buying up the debt (if only the Greeks had their own currency and could turn on this printing presses like we did eh...) - this both helped to devalue the pound a bit and helped keep interest rates low... thus keeping down borrowing costs down for the government

the rest is Pension funds, large commercial banks and overseas investors

So a big chunk of it is essentially owned by us anyway... through our own pensions and/or owned by a state owned institution

It is about a quarter of it that is owned by overseas investors
 
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Food for thought

"How easy it is to be ideologically pure when you are risking nothing. When you are not facing shortages, the collapse of social cohesion, civil conflict, life and death. How easy it is to demand a deal that would plainly never be accepted by any of the other Eurozone member states. How easy brave decisions are when you have no skin in the game, when you are not counting down, as I am, the last twenty-four doses of the medication which prevents your mother from having seizures.​
 
So Tsipras, elected on an anti austerity ticket has sold out and not only that he has literally sold the family silver along with it.

They owed €320 billion, they now own €370 billion.
 
/conspiracy

Syriza is actually a german plan to make sure the Greeks are demoralised and subservient, as an 'anti-austerity party' enacts austerity.

/conspiracy

;)

/notseriousmaybeserious
 
OldCoals said:
So Tsipras, elected on an anti austerity ticket has sold out and not only that he has literally sold the family silver along with it.

They owed €320 billion, they now own €370 billion.
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he didn't just sell the family silver, he sold the grandmother, grandfather and every family member in between to EU slavery for at least the next generation of Greeks. They should have bailed out, the electorate gave them mandate to tell the ECB, IMF and the Eurozone to do one.

He got into power on the back of "No to austerity", the electorate should actually go round his house and take a dump through his letterbox now.
 
I don't know what people thought was going to happen.

For people as clearly as intelligent as yourselves some of you can be remarkably naive sometimes.
 
atpbx said:
I don't know what people thought was going to happen.

For people as clearly as intelligent as yourselves some of you can be remarkably naive sometimes.
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There was only ever going to be one outcome

It's got nothing to do with finances or the economy, and everything to do about politics and saving face

Greece were in heavy debt, and now they have even more debt :D:D:D You can't make this up!
 
wildman said:
He got into power on the back of "No to austerity", the electorate should actually go round his house and take a dump through his letterbox now.
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Amazing how people in so called "free" countries are totally oblivious to the fact isn't it.

It's a bit like the EU referendum here, we will only get a say when the powers that be think we are ready.

The Greek people haven't got a say, they will be told what to do. If they don't like it, tough.
 
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