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js1000

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Posts posted by js1000

  1.  

     
    Greek prime minister Alexis Tsipras 'beaten like a dog and crucified' by EU sanctions

    http://www.mirror.co.uk/news/world-news/greek-prime-minister-alexis-tsipras-6059935

     

    Greece goes on strike: Civil service workers announce 24-hour walkout after government gives in to creditors... as summit insider reveals leaders' furious rows in tense talks

    i was reading some of the comments, its like reading this forum, here's an example

    Antipodean, Sydney, Australia, less than a minute ago

    Lol, Greece on strike, UK taxpayers to shell out a Billion Pounds to keep those lazy idiots afloat. What's wrong with this picture? So nuts, its actually comical (thank God my tax dollars aren't paying for them!)

    http://www.dailymail.co.uk/news/article-3159710/Greek-civil-service-workers-announce-24-hour-strike-government-gives-creditors-insider-reveals-leaders-furious-rows-says-Tsipras-crucified.html

     

    Goldman Sachs fixes Greece Euro entry, then bailout- more debt - crush the people and pinch some assets - then bailout(more debt) then crush the people through austerity/cuts again and pinch more assets, and on it goes. 

    At what point is enough enough and we exit? it should have happened 5 years ago.

     

    yet all i'm reading is that my UK tax contributions are keeping Greece afloat because they're too lazy to work. 

     

  2. I don't think so Akritis, but I'm only speculating.  I can only go by what I'm thinking, and right now, I feel betrayed by Tsipras.  If I was a voter in Greece, I would have voted for Syriza, as an alternative to the duds of yesteryear of course.  But right now, I wouldn't vote for him.  After today, he's done nothing different to what ND or PASOK would have done.

     

    Having said that, who the hell knows.  Maybe in 2, 3 or 5 years from now we might turn around and say that having the EU control the Greek economy helped fix it.  Or Greece may be worse off.  I really don't know.  I'm pretty sure the IMF and EU don't know since their 1st bail out turned into a 2nd, and now a 3rd.  Will there be a 4th ?

     

    F*** PASOK.  F*** Papandreou.  F*** the Junta.  F*** ND.  F*** Karamanlides.  F*** Tsipras.  F*** them all.

     

    Can you tell I'm a little angry ? :)

     

    P.S.  F*** Schauble and Merkel too.

    Of course there'll be a 4th, the debt is un payable(regardless of any poxy 'reforms') and the goal is to loot all of Greece's revenue generating assets and turn the people into serfs. The fact Tsiparas has no desire to exit meant the EU held all the aces in the negotiations, the last thing they'll do is let Greece leave and miss out on their looting frenzy. The US certainly doesn't want Greece to exit either in case it has more influence from Moscow, did Tsiparas bottle it or did they let him know any exit might result in friendly neighbours being given the green light to annex a little land, either way Greece is being carved up amongst private creditors. 

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  3. No that's not even close to reality. Greece has prime real estate, infrastructure and untapped potential in manufacturing and other resources that might actually be developed for Greece's benefit.

     

    Anyone who claims Greece doesn't own such assets is being dishonest. The Troika know full well what the country has.

    Of course they know, which is why they're looting it all.

     

     

    Greek debt crisis: Meet the Goldman Sachs banker who got rich getting Greece into the euro

    http://www.independent.co.uk/news/uk/home-news/greek-debt-crisis-meet-the-goldman-sachs-banker-who-got-rich-getting-greece-into-the-euro-10381951.html

     

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  4. It was a waste of time but 95% of the people who voted NO wanted to stay in the Euro so nobody got sold out.  Only a few hardline 1918 Lenin communists wanted to leave to go to the drachma.  Why are you so bent up on privatization.  You obviously haven't dealt with doing anything with the Greek government in Greece and what a joke it is.  Let someone else run the regional airports.  Not some clowns who hire their whole family and do nothing but lose money.  If the last 2 weeks wasn't a wake up call to you and all the Drachma lovers, then God help you guys.  If old people waiting in lines to get 120 Euros and people going from pharmacy to pharmacy to get insulin and cancer drugs but can't find any didn't bother then the Drachma people are some twisted people.

    Privatisation, its like a feeding frenzy for the 1% 

    by the way all the above went on regarding queuing at banks no insulin drugs etc and we're in the EURO, and the reason it went on is because they can do that to us whenever they want as we don't control the very currency we're using. 

    i don't see anything marxist/Lenin/communist about wanting your own currency, and not being told how to run your affairs by people hell bent on owning your country and impoverishing your people. 

    Everything that has been privatised in the UK has led to increased costs to the consumer, be it gas electricity water, i have no problem with capitalism but you cannot privatise monopolies. 

    i suppose in your world those that want to be self reliant are twisted people that need gods help. 

    An apologist for the very people that are carving up your country amongst themselves, and you wonder how they get away with it. 

  5. Greek debt crisis: Goldman Sachs could be sued for helping hide debts when it joined euro

    http://www.independent.co.uk/news/world/europe/greek-debt-crisis-goldman-sachs-could-be-sued-for-helping-country-hide-debts-when-it-joined-euro-10381926.html

     

    what a waste of time that referendum was, Greeks vote no but tough s%$#!, your vote counts for nothing because your government sold you out to the troika. 

    its also sold anything that can make money for Greece to creditors. Cheers Tsiparas, you should be shot. 

    At least you knew where you stood with other governments, this clown was elected to make a stand against the EU. 

     

    Now our debt will now increase, next bailout will come with more privatisation and brutal cuts.

  6. Get out of here with the Pro-drachma growth crap.  Seriously.  Enough with this nonsense about the Drachma.  My brain will explode if people continue to believe that we are better off going at it alone with Drachma's.  Please stop.  I don't want to read it again on here.

    Can't be worse than losing every revenue generating state asset Greece has left. And for what? A little temporary relief with the Europeans restocking Greek banks so people can access their own money.

    Greek people will now suffer worse pensions higher taxes/VAT and the loss of some airports and ports to privateers and some think its a good deal.

    All the parking money generated at these airports and rent from restaurants/bars and shops and airline offices and the levies airlines have to pay will now go to the new owners of these airports, the immigration/customs staff will still be paid by the state.

    And you know what, next time Greece needs bailout money, and it will, it'll be in exchange for even higher tax hikes and the loss of more assets, which is clever by the EU as it will make it even harder for Greece to exit. 

  7. He should have made plans for leaving the euro/EU submitted them earlier and stuck with them, the fact he hasn't seems to indicate he has no desire to do either, now the 'reforms' demanded by the troika will be implemented in exchange for Greece being in further debt, these reforms will just mean further cuts rotting people's standard of living further, and giving more revenue generating assets Greece has left to creditors. 

    The EU have played a blinder.  capital controls leaving people with money in their accounts unable to access it which further kills trade, businesses unable to pay their employees.

     

    When you don't have the bottle to go it alone and are reliant on the EU they pretty much got you by the balls. Do as we say or you get more of the same, they smell blood, they sense Tsiparas doesn't have the desire to leave so they'll keep turning the screw until he accepts whatever they want - which is to eventually own everything in Greece. 

     

    anyone see a pattern here? do you realise what their(EUs/creditors) goal is yet? They ain't gonna stop until they own EVERYTHING. 

     

    The new proposals include sweeping reforms to VAT to raise 1% of GDP and moving more items to the 23% top rate of tax, including restaurants ? a key battleground before.

    Greece has also dropped its opposition to abolishing the lower VAT rate on its islands, starting with the most popular tourist attractions. Athens also appears to have made significant concessions on pensions, agreeing to phase out solidarity payments for the poorest pensioners by December 2019, a year earlier than planned. It would also raise the retirement age to 67 by 2022.

     It will also press on with privatisation of state assets including regional airports and ports. Some government MPs had vowed to reverse this.

    Now they want some regional airports and ports, what next? the Acropolis, perhaps an island or 2?? they're taking these assets on top of impoverishing the people with higher tax/VAT and raising retirement ages and inferior pensions. And for what, to put us further into debt. Anyone think this is a good deal? good news? What the F uck do we get out of this that benefits Greece/Greeks apart from some temporary relief when they restock the banks? 

    the referendum was a waste of time, vote yes and they'd say see the greek people want reforms that they implement, vote 'OXI' and get the f ucking same.

    http://www.theguardian.com/business/2015/jul/09/greece-debt-crisis-athens-accepts-harsh-austerity-as-bailout-deal-nears?CMP=share_btn_fb

  8. D. Tusk (Prez Euro Council) and JC Juncker (Prez Euro Commission) said Greece must submit detailed plan by Thu, so the top euro leaders can meet on Sat and decide by Sunday, which is the absolute last day for Greece. It's either in, with a bailout and a plan, or out (Grekexit). The Grekexit plans have been drawn already by European leadership.  "Detailed plan" means specifics, not rhetoric. It's crazy that the Greek gov has not done this already!!!!!  :tdown: :bangin:

    And, it's even crazier that Tsipras has not submitted the specific reforms/legislation the country needs anyway. And, it's even craziest that the Euros are ready to give Greece breathing room (which includes emergency liquidity funds for Greek banks, so they can open) but Tsipras delivered a speech (and replied to Guy's speech in the video above) in Euro parliament without being specific. His only defense was that he released Lagard's corruption list. OK, good, but what the f@@@ man, you needed 5 months to do that?.... :xxx:

    He should have made plans for leaving the euro/EU submitted them earlier and stuck with them, the fact he hasn't seems to indicate he has no desire to do either, now the 'reforms' demanded by the troika will be implemented in exchange for Greece being in further debt, these reforms will just mean further cuts rotting people's standard of living further, and giving more revenue generating assets Greece has left to creditors. 

    The EU have played a blinder, capital controls leaving people with money in their accounts unable to access it which further kills trade, businesses unable to pay their employees.

     

     

    The imposition of capital controls delivered the last blow to the public construction projects, leading to many cancellations, even in sites that operated normally until yesterday. The main reason behind the cancellations is that there is no way for the workers to be paid. 

    http://greece.greekreporter.com/2015/07/07/40000-greek-workers-fired-or-suspended/

     

    When you don't have the bottle to go it alone and are reliant on the EU they pretty much got you by the balls. Do as we say or you get more of the same, they smell blood, they sense Tsiparas doesn't have the desire to leave so they'll keep turning the screw until he accepts whatever they want - which is to eventually own everything in Greece. 

  9. A credible reform package, translated as, further rot the peoples standard of living, privatise everything for the benefit of my corporate chums and continue to destroy public services and then 'we gonna find a solution' 

    Reforms are pointless while Greece remain in the EU/EZ everyone knows the debt is impossible to repay regardless of reforms. 

     

    Basically do as we say, like the previous spineless Greek administrations have and like the PIGS countries.  Not a mention of the banking racket, the problems are all about Greek public sector, the banks are blameless. 

  10. 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

    Really? so why don't they dump us then? The last thing they want is Greece to leave, they want to get their grubby hands on all of Greece's profitable assets, which results in decreased revenues for Greece followed by a demand to cut public spending.

    BTW who forged those documents on behalf of Greece, got paid a massive consultancy fee and then went away and bet on Greece failing, you forgot to mention that part. 

    And thanks for the 'free' money, with strings attached. 

     

    Greece did not fail on its own. It was made to fail.

    the banks wrecked the Greek government, and then deliberately pushed it into unsustainable debt while revenue-generating public assets were sold off to oligarchs and international corporations.

    http://21stcenturywire.com/2015/07/06/greece-the-one-biggest-lie-you-are-being-told-by-the-media/

  11. Had Greece completed the reforms, she would have been in a position to renegotiate terms following pressure from IMF and US. Gotta play the game first, can't keep asking for a blank check.

    what you're saying (if i'm not mistaken) is a competent right wing Greek government would have done everything the troika demanded, then Greece would negotiate better terms with the EU with possibly some debt relief and a better deal and eventual growth and stability? The problem i have with that position is that even the IMF have said the debt is impossible to repay, something everyone knows regardless of reforms and cuts, and i(and most Greek voters) don't trust the EU/troika/creditors, i believe their agenda is to own everything Greece has through privatisation in exchange for debt relief and then we'd rent everything back off them. They create fresh air money lend it to us with interest and when we can't pay back they demand state assets, and austerity to impoverish our people. 

     

    Nationalizing banks does not address of solve any of Greece underlying economy problems. If the government takes over a bank, public shares will suddenly be worthless and shareholders will lose everything. Same with depositors and institutional customers. To prevent total panic, the government will probably cover those stakeholders up to a certain level ? with taxpayers footing the bill once again.

    And then you have bureaucracy, corruption and plain-old clientelist appointments for the benefit of the party and not the real economy. Does that sound like Greece to you? Or, need I go on? Unless you think it will be a different (Utopian) Greece with SYRIZA and Tsipras at the helm.

    I get what you're saying 'jobs for the boys' 'i'll scratch yours you scratch mine' so to speak, however under the current system of private banks that still goes on, ministers pass laws that benefit banks, make bankers immune from prosecution, allow their bonuses to be sky high, use taxpayers money to bail out their toxic investments and then low and behold these ministers leave their government position and take up a job in the very bank their legislation benefited, its like a revolving door and it happens globally. Also private banks can set interest rates that benefit themselves not the 'real economy' socialising debts and privatising profits doesn't benefit the 'real economy'

    why can't the Greek government print its own debt free money? why does money have to be created by privateers and loaned to governments + interest? if the interest isn't created how is a debt supposed to be repaid, there's not enough money in circulation to pay debt + interest. 

    And now we have a situation where Greek people who are not in debt can't have access to their own money because the private banks have decided to limit withdrawals(political gesture perhaps?), just like in Cyprus where Cypriots with money in their accounts had their money frozen for weeks. Private banks eh. 

    @grkjet great video you posted.

  12. And to a degree the previous government (New Democracy) was making progress in the right direction. Greece would have been out the deep waters in a couple of years.

    And then... SYRIZA happened!

    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. 

     

    Complete chaos today. Syriza is talking about nationalizing the banks now.

    http://www.antenna.gr/news/m/article?aid=415232

    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. 

     

    Wait a minute! Tsipras just won the referendum. Somebody's gotta go out and party! What is this thing about 'preparedness' and 'responsibility' that you're bring up. Those words DO NOT exist in SYRIZA's dictionary. For them it's all about big words and trying to trick/confuse the public.

    These people (Greek government) are just plain-old-ridiculous.

     

    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. 

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  13.  

    - Now is the perfect time for the EU to get rid of Greece, if that is what they truly want.  All they have to do is keep stalling the negotiations and let the banks go bust while the situation in Greece crumbles each day.  The negotiations in the coming days, weeks or month will indicate their position.  I've always maintained Greece leaving the EZ is their worst fear.  Let's see what happens.  I don't see this as a realistic outcome.

     

    - Regardless of the referendum result, or the negotiations to come, I think this is a win for Greece and for the EU as well.  Hopefully the EU realises that austerity, austerity, austerity is not always the best way forward.

    The EU don't want to get rid of Greece, the EU also know austerity doesn't work, its not meant to work, they want their creditors and corporate buddies to own everything in Greece through privatisation, and austerity to impoverish the people, in exchange for bailouts. When you have impoverished people, they'll do anything, they'll work for these tax dodging vile corporations for next to nothing and if they don't immigrants will, another thing the EU encourages.

     

    those of you saying Greece spends more than it makes and can't stand on its own and need reforms. 

    You can have the best reforms that make Greece super efficient but it will never be enough to take care of the debt. Reforms need to occur immediately AFTER an exit from the EU/EZ

     

     

     

    I'm betting that all Greeks would want to have euros in their hands now instead in the bank because if Greece leaves the EZ, their deposits will be converted to drachmas, which of course will buy you squat of anything imported. Sure you can pay your barber in drachmas, but if you like having anything Greece doesn't produce, it's goodnight!

    Thats true but its only short term, the alternative is staying in the EU/EZ and gradually becoming more and more impoverished.

  14. Troika supporters are going all out to scare Greeks to accept what most harms them - endless austerity until the entire population is forced into impoverished indentured servitude to western bankers.

     

    @aek, these banks that gave these super low interest rates to Greece on more favourable terms than Ireland did so but Greece is paying a lower rate on a much higher amount so the interest alone still cripples Greece.

     

    @gyros, let Greece go to Bulgarian rate pensions, if they stay in Europe they slowly will do anyway but things will remain expensive, as for Europe dumping us because we're not civilised enough, go to any UK city centre on a friday or saturday night and see how civilised the Brits are, in fact go to Faliraki(Rhodes) or any Greek island during the summer months and see how well western European tourists behave.

     

    The EU want everything privately owned by their corporate chums under privatisation in exchange for bailout money, Greece will eventually own nothing. Thanks for the subsidies for our highways, but who owns them? where does the toll money go? 

     

     

    So, do us all a favor and don't talk about the Greece you do not know anything about because it makes all your other arguments sound unsubstantiated and Utopian. I don't agree with everything gyros says, but he seems to be more in tune with Greece and Greeks than the majority of people posting here, which I would characterize as nationalistic 'Spartan' wannabes (or as they are known in Greece, Golden Dawn voters)

    Nice one Jim, anyone who doesn't want to be governed by an unaudited corrupt incompetent organisation is somehow 'a nationalistic spartan wannabe' or a 'golden dawn supporter' 

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  15. Jim that was brilliant you described Germany in matter of minutes.

    Now I'll ask you the question once again, how does Greece pay off a debt of 380 billion, with 2.6 million pensioners, a unemployment rate of 25 percent, and a youth unemployment rate of 50 percent.

    Lets not forget they will have a negative economic growth for at least another 10 years.

    In the Euro zone from examples of others Portugal Spain Italy....Are they showing economic growth with harsh austerity measures.

    PLEASE ANSWER MY QUESTION.

    If Greece had 100% employment zero pensioners and higher taxes they still wouldn't be able to pay that debt off, its not designed to be paid off, the agenda is for the creditors to asset strip Greece and own everything there. 

     

    the crisis explained

  16. The mechanism for Greece to be removed from the Eurozone is very complicated. It is not as simple as many on the other side are making out.

    Of course, this was done on purpose to prevent nations leaving when they'd had enough. 

     

     

    another issue is the EU issue. EU subsidies. if greece defaults to germany, france and italy - good luck getting those nations to contribute EU funds earmarked for greece. the spiral will only intensify.

    aek, these subsidies come with strings and policies that don't always benefit Greece, in fact they are designed to create dependance on the EU. Greece is better off in the long run without them.

     

     

    Exactly. I have already voted in plenty of referendums and I am an EU citizen. The idea this is the first referendum Greeks are voting in since 1974 is mind blowing and explains a lot about how little care the Greeks have in the direction the country takes.

    reaper, its not a case of greeks not 'caring' if they've never been offered a referendum in the past thats not the fault of the Greek people, what you should be saying is how little the EU care about referendum results. remember when Dutch and French voters voted NO to a new EU constitution? the EU decided to call it a 'treaty'(the Lisbon treaty i believe) saying a referendum was no longer necessary as its now a 'treaty' when the Irish voters rejected this 'treaty' the EU made them vote again.

    That's what i call stunningly and embarrassingly democratic. 

    The quicker Greece exit from this cesspit of a union the better. 

  17. for those concerned we may go to Bulgarian pensions at 250 Euros.  What do you think the equivalent will be in Drachmas?

    probably less(which is why it won't happen, people will vote for the short term), but there's no other option, like i said accept this and a few months down the line the next tranche of cash Greece will need to pay creditors will come with more strings and further pension reductions. There will never be a recovery regardless of what reforms are made. 

    Leave the union, use your own currency, make your own laws that benefit your own country not the EU, and then a recovery can slowly begin. 

    As bad as it will be to begin with it can't really get much worse than it is now.

     

    The leftist backflip of all leftists backflips.

    A letter to creditors obtained by the Financial Times says Mr Tsipras is prepared to accept most conditions that were on the table before talks collapsed and he called a referendum.

    On Tuesday, eurozone finance ministers refused to extend the previous bailout.

    Greece became the first European Union country to fail to repay a loan to the International Monetary Fund.

    The Financial Times says that Mr Tsipras was prepared to accept a deal made by creditors over the weekend, if a few changes were agreed.

    The FT says a letter sent by Mr Tsipras to creditors asked for only two changes: that a VAT discount to Greek islands is maintained, and that the process of raising the retirement age to 67 begins in October and not immediately.

    Greece's national broadcaster ERT says Mr Tspiras would accept a deal with only minor requests for changes.

    what a sell out, he simply bottled it, i thought it was too good to be true.

    I don't see it as a 'leftist' flip, he was elected not because he's a lefty but because SYRIZA were the only party opposing(or pretending to) the EU. 

     

    by the way one of  the reasons i don't believe in austerity and don't blame generous pensions for the crisis is below.

     

    One would have imagined that the Greek government would have taken a sledgehammer to the defense budget back in 2009 when the debt crisis first took hold of this small country in the south east of Europe.

    But no.

    One would have thought too that the European Union and NATO might have used the euro crisis as an ideal opportunity to encourage countries to share defense equipment and cut back on wasteless duplication.

    But no.

    Greece went on a buying spree, purchasing submarines, fighter jets, and tanks from Germany and France. Not that they needed them. The region was stable. In 2009, almost 28 percent of its then ?10 billion budget was spent on military equipment?higher than in the United States or any other NATO country.

    http://carnegieeurope.eu/strategiceurope/?fa=49185

  18.  

    there is nothing inhumane about the government not giving me a pension after 40-45 years of work...

    the government has provided me and my parents a fertile system that has enabled me to benefit and I don't need a $400pw handout...when I can earn a lot more through my hard work and investments..

    Well the UK government owe me a pension, I pay 

    Income tax Local Authority/property tax VAT(on almost everything)

    Tax on alcohol, tax on tobacco, tax on fuel (around75%each time i fill up) inheritance tax, airport tax, road tax, thousands in 'stamp duty' every time a property is bought, National insurance contributions, Capital gains tax, tax on savings and investments, TV license.

    yet they plead poverty and always want a little more while giving their corporate buddies tax breaks.

     

    I provide the state with money through my efforts so yes i expect a little back when i retire, particularly given the extraordinary wastage mismanagement and incompetence by government with my funds. 

     

     

    I always envisaged and hoped for a modern progressive Greece.....Unfortunately I saw that only being achieved with the direction/guidance/influence/  and strict EU adherence to policies and structures..

    Their policies are starving Greece, the wastage mismanagement corruption and incompetence throughout the EU makes even the UK government look competent. 

    Their direction/guidance/influence/policies and structures are ones of impoverishing Greece through austerity and privatisation of out assets in exchange for loans that go straight back out to creditors with further interest.

    Their policies prevent countries being self sufficient(in exchange for subsidies) in order to create dependance with other EU nations.

    like i said earlier reform is pointless until we exit this union and currency, i just hope the Greeks are brave enough to see it through although i think they'll bottle it

     

     

     

    when i read the ez's/troika's methods of growing the greek economy are failing - so we have nothing to lose;: then you know the poster isn't well-informed as it wasn't the ez's/troika's intention nor interest to grow our economy with these loans - they want their money back, firstly.

    Agree, its not about growing our economy its about getting their money, be it through new loans or asset stripping the Greek state.

     

     

    ?The IMF?s loans to Greece have not only bailed out banks which lent recklessly in the first place, they have actively taken even more money out of the country. This usurious interest adds to the unjust debt forced on the people of Greece.?

     http://jubileedebt.org.uk/news/imf-made-e2-5-billion-profit-greece-loans

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  19.  

     

    We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there. It has gone to pay out private-sector creditors ? including German and French banks. Greece has gotten but a pittance, but it has paid a high price to preserve these countries? banking systems. The IMF and the other ?official? creditors do not need the money that is being demanded. Under a business-as-usual scenario, the money received would most likely just be lent out again to Greece.

    Read this and re read this, and 3 months down the line more of the same in exchange for further 'reforms' but you know what, they'll get away with it because the Greek people will vote in favour of the bailout because of fear.

    Any reforms are completely pointless while the above is happening every few months. 

  20.  

     

    I live in a country that I will work for 40 years and i will not receive a pension.....But the country and its economy is going very well...

    The Chinese economy is also doing very well, its one of the strongest, that's been achieved on the back of sweat shops, appalling wages and zero pensions, I'm not sure how happy Chinese workers are that their country has such a strong economy. 

    I think its outrageous really 40 years work and no pension, they get away with it because people accept it. applaud it even. 

     

     

    Lower taxes and EU would be nice. But (as RS stated so well) we have to move forward. For our kids and future generations.

    With the amount of wastage in the EU you can forget lower taxes, they need funds to continue with their incompetent and corrupt ways.

    What future have future generations got in Greece if they continue this path? the EU demands i hear people say are reasonable, well suppose Greece accepts them it will be further indebted and what happens 2-3 months down the line? Greece will need another tranche of cash from Europe which will come with further 'reasonable' demands and on and on it will keep going, that's no future. 

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  21.  

     

    This theme can not be decided by a referendum. People (at least the great majority) do not know the ins and outs of this economic mess and they will only see the short-term implication for their pockets.

    if you're right and people vote for the short term implications for their pockets then they'll vote to go with the EU proposals because any exit will cause a lot of short term hardship, which in my view is well worth it. Seems that you're saying people are too stupid to vote, its a view shared by the EU commissioners who changed the new EU constitution into the Lisbon 'treaty' (which was pretty much identical to the constitution) when dutch and french voters voted no and made the Irish vote again when they rejected it because they'd voted 'wrongly'

     

     

    I do not envy the Greek citizens. But I have to pay mortgage for 30 years and have to hope that my house has the value when the term ends. I pay a lot of taxes. My pensions have been downsized and I have to work longer than expected (at least till I am 67 but rumours here tell me that it might be 70 at that time of retirement because they want to connect the retirement with the life expectancy). Apart from the latter I am used to the situation as it is for me. And I am fine with it. It's the way it is since I am born and more important since I graduaded and work. Most Europeans are used to it as the system was like this for years. 

    You pay a lot of taxes your retirement day gets put further and further back and you're fine with it? why? why should your pension be downsized what have you personally done to deserve that? to me thats a liberty not something i'd be 'fine' with while the EU doesn't even know where its spent a huge chunk of its money. They get away with it because people just shrug their shoulders and say 'its just how it is' lets have some accountability from those running the EU with a breakdown of their spending and some auditing before they dare to go anywhere near my pension. Retirement ages rise and we wonder why youth unemployment is so high. 

     

     

    I keep hearing about sovereignty and democracy.....a good way to get people emotional....a nice way to deflect and look at Harry Klyn for solutions....

    what's wrong with running your own affairs and being democratic?

     

     

    I don't see this as a left/right capitalist/communist debate, SYRIZA (i believe, but could be wrong) got elected not because they are 'lefties' but because they were the only party prepared to stand up to the EU and their demands to impoverish greeks. If SYRIZA didn't exist and a right leaning party were prepared to leave the EU (or refuse to be dictated to by them)  i'm sure they'd have been elected. 

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