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The Greek Economy Thread


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The biggest issue that most of Europe has with Tsipras is that they cannot get a straight answer.  He flip flops all the time.  He is telling the public to vote NO on the agreement while having told the EU he accepts it (of course it was a few days to late). I have always been taught that your word is similar to currency.  If you want it to be worth anything, you have to stand by it.  He has lost all credibility with the EU. We want a leader that can walk into a room and be able to articulate our arguments with sound, insightful solutions.  Someone that is respected and considered an equal, not an outcast.

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The biggest issue that most of Europe has with Tsipras is that they cannot get a straight answer.  He flip flops all the time.  He is telling the public to vote NO on the agreement while having told the EU he accepts it (of course it was a few days to late). I have always been taught that your word is similar to currency.  If you want it to be worth anything, you have to stand by it.  He has lost all credibility with the EU. We want a leader that can walk into a room and be able to articulate our arguments with sound, insightful solutions.  Someone that is respected and considered an equal, not an outcast.

 

You have to remember that Greece is not a "westernized" nation.  You go to Greece and its common to see people pulling off on the side of the freeway to urinate (Patra-Achia freeway) or outside of buildings in major cities, lying, asking "Posa lefta kaneis to mena", etc...  Greek people are no better than the Turks they make fun.  Greeks are no where in the same class as France and Germany in terms of manners and expression.  You have to remember most of the big cities in Greece are filled with vlahi who one day were creating bales of hay and the next day they are walking Athens or Patra.

Edited by gyros
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He needs a New York subway ride to really see how civilized us westerners are.

New York is by no means a representation of life in the US.

Gyros is trying to make a point that Greece is simply Europe's poor cousin. (

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I'm sorry. I don't speak your language. There might be lifestyles that I don't agree with. I don't call them names - I just don't associate with them.

We are not on the same page here. Let's talk about the Greek economy since that is the topic.

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What about the white trash Jim Adams? I could count at least 70 million of them.

 

Urinating in public is not tolerated in Germany, US, Canada.  I'm not saying it doesn't happen but in Canada you aren't going to see someone pull off the side of the 401 freeway and urinate yet in Greece take the freeway between Patrai and Achaia and you will see people pulling over urinating all the time.  I went with my cousin a couple years back for him to take a written test in Patrai for his drivers license so I waited in the car while he went in.  Once the test was done, everyone was urinating under a tree in a parking lot.  You just don't see that stuff in civilized countries.

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The drachmas are printing, and the military gearing up!!!

It's starting to look like that. It's hard to imagine the military stepping in as a savior.  The only question would be, who is the coup d'etat leader?

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Tsipras is coming out today saying 'the referendum is late by 5 years' trying to shift the blame to previous governments. What he's not mentioning is that when Papandreou suggested a referendum (which proved to be his demise) Tsipras was throwing a fit about how a referendum would spell the end of Greece as we know it.

Edited by JimAdams
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From the BBC:IMF says extra 50bn euros needed

"Greece will need an extra 50bn euros ($55bn) over the next three years to stabilise its finances under the existing, disputed bailout plans, the International Monetary Fund (IMF) says."

http://www.bbc.com/news/world-europe-33373390

 

My God, they are f**ked! Anybody feel like thanking SYRIZA/ANEL for adding to the tab?

Edited by JimAdams
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I wonder how Greece will get medicine if they leave.  Germany is a big medicine exporter.

I wonder how Greece will even have a military after they leave.  You can't fill your jets with Ouzo and Tzatziki.  Parts for repairs aren't free.  Hmm.

 

So no medicine, no military, and social unrest.  Yup, welcome to Greece.  The sister country of Venezuela.  

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If they leave they can negotiate a 40 percent haircut no problem....Way better off.

I guess the people of Ireland, Portugal and Spain are all jackasses for not opting to drop out of the euro?

Or is it that these forums are host to the smartest people around?

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Tsipras is catering to the fat cow called "public sector"

He does not want to disturb that!

Greeks who work for that BIG FAT COW have become the demice of the greek economy and Greece's prosperity!

 

I left Greece 32 years ago since I did not want to become a public sector FAT COW!

I did not want to occupy a position that I was not going to be proud of!

I did not want any "glipsimo","visma" or "meson"!

I wanted everything "AXIOKRATIKA"!

I had a lot of ambition and aspiration for my future!

There were a few like me who were thinking the same and took off leaving behind papandreou(I left Greece after he was elected) to creat a massive FAT COW catering to the laziness and ohaderfismo of the Greeks created by sosialism!

This FAT COW grew over the years and the worst became very demanding! It expected everything handed to them at any cost!

Since the "ekastote" govenments wanted the FAT COW'S votes,they haned everything to them creating more "sindikalistes" more sosialists more communists and the like! In other words REMBESKADES! USLESS ARROGANT "TENEKEDES XEGANOTOI"!

Today's Greece's society is a mere reflection of all the aboVe! It is the FINAL PRODUCT!!!

Is anyone surprised? NONE of us who did not want ROUSFETIA,MONHMOTHTA KAI DHMOSIO are surprised at all!

Tsipras and his cronies are direct product of all that! They are al ex-Communists who never put a day's work in their lives!

THE BIG FAT COW ALWAYS DELIVERED!

 

Now! That FAT COW has very little to offer siNce it is no longer fed by the EU'S ANATREPOMENA OF EUROS!

Tsipras is left will all the COW MINURE that the fat cow HAS CREATED AND HE IS NO LONGER ABLE TO CLEAN THE STINKING STABLE!

 

I say we round all the MPs that served since 1974 and parade them in front of the European Justice(the Greek one I don't partcularly trust) and let them one by one confess for the harm and evil that have caused to this glorious nation and land!

Send them all in Gyaro and let them vanish!

We are not ready to let a Greek nation vanish!

Only a few of the bastards who brought that nation to its knees need to face justice,and they will!

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@ grkjet, the EU aren't really a big fan of democracy, and if unleashing hell in Greece will serve their purpose, they will do so.  It is a monstrous organisation.  But I have to agree with you, I am afraid the Greek population will go for the devil they know.

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Some experts are saying if Greece leaves the Euro, Greece will be isolated from the rest of Europe.

I really question that Greece will be totally cut off....In my opinion the Banks and creditors will still want their money, doesn't that mean they will try to open communications for Greece to settle their debts?

If I was going into negotiations....Isn't it better if they're chasing you for cash?

I would feel more comfortable and would negotiate much better if I had more controls.

Even if I pulled my country out....They still need their cash!!! That's when I get the deal that's best for my Nation.

 

You don't have control when you're broke.  You don't understand that.  Greece will have no medicine, gasoline, diesel etc... unless countries donate it.  I think you need to take a deep breath and look at reality.  Greece will be a third world vacation spot like the Dominican Republic.

 

This lawyer said something interesting on Skai tv today.  He said if the EU told Greece that they would wipe off all their debts to zero but told them they are cutting them off with no money, that Greece could not survive month to month because they spend more than they take in.  

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^ Greeks are realizing that and the outcome come Sunday will be an overwelming "NAI".

They are not stupid to let the hand that feeds them disappear!

 

EU and all European Union members have given Greece packages that number over 100 Billion Euro!

For us who are older to remember Greek infrastracture was at it lowest level prioor to its entrance in EOK!

I remember back in 1978 it used to take me 3,5hours by car to travel from Lamia to Athens!

It took me a mere 1:45' last October to travel the same distance!

Greece needs to stay within EU!

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Another interesting stat.  The EU has paid for 7.7 Billion euros worth of infrastructure projects in Greece during the past 5 years.  If they leave the EU, who is going to fix the sewers, roads, bridges.  

 

The EU gave greece $400 mil Euros last year to expand internet access to rural areas and put government data online.

 

Greece will be like it was in the 90's with freeways that were 1.5 lanes (Yes a half a lane) and the weekly power outages that I remember vividly.

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Maybe Jim you have some constructive ideas on how Greece will pay the 380 billion debt? What should they do?

If you're the man in charge, how do you begin to turn this crisis around?

 

You know, I can barely remember when I got such an easy question last and was asked to answer.

 

The answer my friend is REFORMS, REFORMS, REFORMS.

 

The is no way Greece can build a modern day economy when its abiding by a medieval mentality. Trim down the public sector, build competitive industries. This is not about working hard. This is about working efficiently.

And right now, no politician in Greece has the balls to tackle the bull by the horns. The Europeans are already calling for Tsipras to be toppled with a new technocratic government in place. It might be a better option than having the military take over, but let's see the "does mess with my freedom" Greeks deal with it. 

 

Right now it seems that the referendum will be split down the middle, or just a small margin either way. Let's just hope this doesn't lead to another civil war.

 

So, back to your question my dear jvc... The answer in six words or less is "No reforms, no Greece." As sad as it sounds, it seems to be headed that way. And we can thank all the recent governments and politicians for it, but mostly Tsipras and his cronies for driving the car off the cliff in a "Thelma and Louise" grand finale type ending.

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