Παρασκευή, 4 Νοεμβρίου 2011

ΣΤΑ ΜΑΤΙΑ ΤΗΣ ΑΜΕΡΙΚΗΣ.....ΑΥΤΟΙ ΕΙΝΑΙ ΟΙ ΕΛΛΗΝΕΣ.....


BOBinBlueridge
11/3/2011 6:25 PM GMT+0200
In the end in my opinion, Russia will rescue Greece. Greece has much to offer Russia in Business Terms of Trade. Russia wants to be be next China in Manufacturing. Greece is a Sea Port Country which in Trade means dollars. I lived in Greece during 1982-1984 and there seems like a Youth Population since then. If Russia don't recue Greece, China will.

Desertstraw
11/3/2011 5:40 PM GMT+0200
Germany and France have ignited a bomb whose size they do not know. As of now, it seems that they have forced their austerity plan on the Greek government against the will of the Greek people. Whether this plan is good for the world financial community is irrelevant, it must be good for the Greek people which is unlikely unless you believe in what Paul Krugman calls the "confidence fairy". Even if the Greek people initially give this plan a chance with its real pain for them, if it does not improve their lives in a short time, they will explode into violence. 
 
A lesson that needs to be learned by western governments is that you cannot impose policies for the "greater good" that are against the will of your people and hurt them for very long. When people are hurt by a government and cannot change it peacefully, they revolt.

pennv
11/3/2011 5:42 PM GMT+0200
the Greek people allowed this sad state of affairs to occur in the first so they need to be the ones to pay for the damage it has caused. They overspent and now will have to suffer while making adjustments. The same will happen in this country if we do not get a handle on our expenditures...spending money one does not have is never a good idea...

beecnul8r
11/3/2011 5:48 PM GMT+0200
The Greeks didn't seem to mind at all that other lenders were funding their willy nilly spend thrift form of socialism. Now that the party is long since over they need to take the pain like grownups. You cannot raid someone else's piggy bank for years and then complain when the money runs out and you have to finally cut back on your outrageous lifestyle. The Greeks should be ashamed of themselves for allowing their once proud nation to become a bunch of street beggars.

mrc06405J
11/3/2011 6:08 PM GMT+0200
The Greek people led by an irresponsible government have been going on a public and private borrowing and spending spree for years, based on low interest Euro rates. They have come to the end of their rope and will have to start living within their means.  
 
The bailout plan allows the Greek Government to pay off its debt at 50 cents on the dollar. That is a damn good deal. Instead of whining the Greek people should accept the deal, get back to work, and start paying off their public and private debt. No one is going to lend them any more money at reasonable rates, until they learn to live within there means.  
 
Salaries must be cut, pensions must be cut, retirement age must move up from 55 to 65 or at least 62, unmarried daughters must no longer be allowed to live off their dead fathers social security. The people can strike and riot all they want, but they must either work or starve, the gravy train has left the station. 

pelohoki1
11/3/2011 8:22 PM GMT+0200
Greeks lived beyond their means for years by borrowing from others and now it's time to pay them back. What is so difficult to accept that? What's the use of rioting further damaging the country? It's downright stupid and somewhat criminal to think that you borrowed money and now you don't want to pay them back because you have to suffer? Not on.

alance
11/3/2011 3:51 PM GMT+0200
What Greece can learn from Iceland... 
 
Take this debt and shove it - I ain't paying it no more!

HGF78
11/3/2011 3:27 PM GMT+0200
Greece is a another example of how buying into "magic" as the solution to economic problems doesn't work. Their magic was the Olympics which was suppose to spur economic growth which it didn't do. This idea that people can spend forever without good paying jobs is modern snake oil.  
 

njglea
11/3/2011 2:47 PM GMT+0200
Right, Benson. Who cares what the average Greek citizen wants? Not the investment / business communities who are the only ones who profited from the Euro as far as I can tell. Greece had a very difficult time meeting the criteria for the Euro in the first place and thought it would help them. All it really did was make them another victim of the world-wide financial meltdown. Greece, Italy and Spain should get rid of the Euro and go back to controlling their own currency.

DocAwesome
11/3/2011 2:50 PM GMT+0200
Right on, Benson! F Democracy! If the people want the wrong thing, override them!

Phatty1
11/3/2011 3:53 PM GMT+0200
Greece should simply go into default, wipe all its debts clean and start fresh. A 1000 years ago, if you stiffed another country that you owed a lot of money to, there would be a war. But Greece has nothing to worry about these days because the pansy countries in Europe aren't going to declare war on Greece if it decides not to pay its debts. Greece won't ever go into default, however, because the tiny percentage of wealthy Greeks that are in charge of the country do not want to risk their own personal weath, to the detriment of the country as a whole.

FergusonFoont
11/3/2011 2:18 PM GMT+0200
It sounds to me as if Greek democracy is under attack from the banksters, and will likely fall. 
 
Despite the disruption it will cause, I personally hope the Euro is consigned to history's trash heap (along with much of the rest of the harm that this headlong rush toward globalization has had on the standard of living for workers in the western world). The Euro was an experiment doomed to failure from the start. Nothing defines nationhood itself more than its own currency, and whatever problems that national insolvency may wreak on other, different nations is mitigated when each nation has its own money that can be valued according to local conditions. 
 
Bring back the Mark, the Krona, the Peseta, the Lira, the Drachma, the Franc, the Zloty, and all the rest of them. Not only will nations' financial troubles become less dangerous to the whole world, money will become more colorful and artistic again

purdyjack
11/3/2011 4:22 PM GMT+0200
This does not answer the question of why the Greek government took out huge loans at ultra low interest rates when it knew it could not generate the cash to cover the bonds it issued for the debt. It's a country where people don't pay their taxes and are admired for it. And I don't mean they use tax loopholes--they just don't pay and there is no enforcement--and yet they think their government should give them a host of social welfare programs.

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