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Ti ginete panathinaikares! Posted somewhat frequently some months ago on the old site, but ive been following the team religiously (as always) and have been reading up on this site pretty frequently nonetheless. Excited to start posting again!

The EU as an economic entity is run essentially by people who still think of economics in terms of the gold standard. To them, it feels right. But, there's a reason why the gold standard was dropped. It was inflexible, and so is the Euro. Once a country gets into trouble (regardless of how they got into trouble and who is at fault), the only solution is deflation. And, as the world has gotten to see over the last 5 years or so in Ireland, Portugal, Spain, Italy and Greece, deflation is a nasty beast that feeds on itself. It feels right to balance the budget by say slashing government employees or wages, but the flow on creates more deflation. Greece is a bad economic manager but the EU is probably just as bad. The problem with the EU is that the Germans have the most influence, and they have such a phobia of inflation that it's ridiculous. Seriously, they are sitting there wondering why Greece hasn't recovered after 5 years of their "remedies". Fools. As heavy as the pain will be for Greece, having your own currency is the only solution.

Are you making the argument that Greece is an irresponsible child? Then why should anyone take it seriously? So, since you do put it that way, it's no brainer why the Europeans & IMF say to Greece today: you can't be trusted. If you still want our money, you have to eat this, jump through that hoop, we come into your house and inspect every closet, drawer, and pocket. And, you have to be put on a leash so you don't go wandering. What??!!! You don't like these terms? Then adieu, arrivederchi, hasta la vista, goodbye and good night.. You don't have to come to us for another bailout since not only you have been irresponsible but you lied, yes LIED, in your application, and you FORGED documents while we were dealing with you as an adult! We won't talk about the free money we gave you to become a proper member of our club in the 1980s.... <_< PS> To harp on my previous question. So Fyrom and Turkey are telling you that it was your fault for lending them your money............ oyvey

Welcome to Panathinaikos Sergio Sanchez!!!!!!!

What recovery? You can't be serious with all the suffering going on right now. You are starting to sound like the Iraqi Information Minister.

^^^ you gotta love Nigel Farage, he's really nailed it in that 3rd video.

If reducing the average pension to 800 euros is so painful, how painful will it be if you switch to drachma and have the buying power of 200 euro? Is Greece better with 13% unemployment and 500 euro salaries with the new currency? If the youth don't want to work for 650 a month, how would they feel about 500 a month in drachmas?

:unsure: :1eye: :blink: [in red] I know you care and you mean well, but this is the kind of magical thinking that when widespread--and it seems that it has infected many in the governing party--is actually harmful. It's harmful because instead of identifying the appropriate medicine, it relies on voodoo. Of course, before you cure the disease you have to correctly identify it first, which I'm not sure many (incl. the gov) do, or want to.

Atleast our kids are giving us something to be proud of great result, keep it going!!! Would be great if they could win it on home soil to give our people something to cheer about!!!

Apparently the new finance minister is doing well....Minister Tsakalotos is a breath of fresh air,? Malta Finance Minister Edward Scicluna said in an interview. ?The language has definitely changed, and from what we heard from him and shown through his presentation, he strongly agrees with the Eurogroup that Greece needs a major overhaul.? Finland?s Finance Minister Alexander Stubb, one of the most trenchant critics of the Greek government, said the Oxford-educated economist Tsakalotos ?made a good presentation? even as he was pressed for more concrete proposals. Analysts say Varoufakis?s removal may raise the chances of a new deal for Greece, averting broad default and keeping the nation in the euro region, at least for now

Either you're naive or being mischievous, even the IMF who championed austerity said austerity hasn't worked, so if the previous government was still in power you'd have more austerity and asset sales to the point of Greece owning nothing, which of course is the goal of the creditors. Can someone explain to me in laymen terms what the problem with nationalised banks is? we've seen private banks all over the world run amok and cause the global crash in 2008 which governments around the world are still paying through the socialisation of debts and nationalising only the banks that were in trouble to stop them going under, and with the exception of Iceland these reckless speculators and bankers were rewarded for their crimes. Problem is so are the EU, in fact the EU are worse have a look at their accounts they won't let outside auditors anywhere near their accounts and even their own internal auditors have refused to sign off their accounts for how many years now? yet they want to lecture Greece about how to run their affairs as though they know whats best. BTW Cyprus did pretty much what the EU wanted and their banks froze for a few WEEKS leaving people unable to trade and withdraw money which crippled some businesses, it was resolved when these private banks decided to help themselves to peoples savings, so again whats the problem with nationalised banks? private banks don't seem to have a good track record.