Farage Blasts EU For Collusion - 1/3 Of Parliament Under Soros' Control

Government jobs were higher paying than "no jobs". Which is what Greek government could afford to pay for.
Government employee's don't pay tax. That is to misrepresent the financial relationship. Tax pays them. Or in this case, government borrowing; since all their taxes were already being spent on other government employee's.
They are net recipients of taxation and not net tax payers.

Whether you like it or not, Greece has had 20 years of government borrowing. The money it borrowed it spent on bribing the electorate to re-vote for it.

Veroufakkis is laughed at world wide. And with good reason.
A man who advocated refusing to repay debt, went looking to borrow money and got laughed at. No surprises there.


In the recent Greek bailouts, all the bailout money went to the banks as interest repayments. So Germany effectively bailed it's own banks out and not
Greece.

True.
Propaganda. A half truth.


However that would be to ignore completely the incredible amount of loans made to Greece in the decades previous to those bailouts.
Sums of money that utterly dwarf the tiny percentage of these sums that Greece was defaulting on repaying.
A years interest repayment @ 0.1% of the total sum of money borrowed.

So Germany bailed out it's banks for a whopping total of 0.1% of the money they had loaned to Greece.
And that is the sum of money Greece has borrowed that it will never repay. (1,000 X the the bailout the banks received)

And that has caused austerity and suicides amongst all those people who lent it them.

So to be clear, repaying the interest on your loan, is not repaying your loan.
Your yearly mortgage interest repayment, is not your total mortgage. It is only a tiny fraction of it.

Example maths. I borrow £100 from you. I must repay this £100 and also 10 pence per year interest on every £100 I have not returned to you.
Greece, unable to repay the £100, was also unable to pay the 10 pence.
Banks were bailed out not to the tune of the £100 they lent, but only to the tune of the 10 pence they were expecting to receive from Greece that year.
The debt has not been repaid and will never be repaid.
The interest on those debts were often covered by the national governments of the banks who made those loans, as not to do so would have caused the banks to go bust, with all the resulting austerity, job losses and suicides. About which you simply don't care.

Now my maths is all example maths and not the actual historical figures, but they should give you a simplified understanding of the financial relationships.

OOO MSM!
How superior your conspiracy theories are to getting an education.

 

Onassis was a publicity freak. His father in law Livanos was the richest man in the world, and his brother in law Niarchos was richer than Onassis. There are thousands of ship owners big ones and small ones, since it's Greece's major industry, but they are international companies and if they are taxed they will get up and leave. Half the people in Athens work for shipping companies, so it's more profitable to keep them in Greece and bow to their whims, than to try to force them to pay higher taxes.

After shipping, Greece's major industry is tourism, but the Aegean islands are being destroyed with the migrants, and Turkey is still sending them over. Erdogan is disregarding the Lausanne Treaty, and is claiming the islands in the Aegean belong to Turkey, so the thousands of migrants being sent over is really an Islamic invasion. Anyway they have a lot of problems, as do the other Mediterranean countries, and Germany is not helping. Basically the EU is not working, and it's going to break up.

 

cancelled

 

Do you really believe austerity stimulates economic growth? I don't, I think it's a means to keep a country in poverty, and buy up their resources. As for paying the EU back, Greece won't. They will end up doing what Iceland did and default, something they should have done right from the start. It's what Iceland did, and they were out of debt in two years. They also jailed the bankers who were handing out the loans.

 

It is a dangerous idea.

 

Borrowing money and not paying it back causes austerity in those you borrowed it from. It promotes no economic growth for them. It causes austerity for them. Losses. It shrinks their economy.

Greece has defaulted.
Trouble is, Greece wants to borrow more and no one wants to lend more to someone who is looking to default.

Live within your means, of course, and none of these things are ever going to be a problem for you.


So Greece has defaulted and will continue to default. Hence it can't borrow more, hence it's governments austerity. It's economy will shrink down to a sustainable one.
If you spend more than you earn, you will get austerity. Obviously.

Your economy goes up while you overspend and back down again when you run out of saved money and credit.

 

All part of the first season of Reality America. Everything is real, nothing is real. Collusion is everywhere, collusion is nowhere.

 

Just the endless parade of scams the aristocracy leverages in its endless quest to extract and concentrate societal wealth.

 

Greece has defaulted because of austerity and will stay defaulted while it stays in austerity.

 

Greece has austerity because they were overspending.

Greece defaulted which means they are no longer able to get credit. Which means they can't keep overspending.

Which means they will be spending less. AKA austerity.

"Austerity" = reduction in spending.
It's what the word means.


Greece has no plans whatsoever of undefaulting if it gets some money.
Any future money it gets will not be used to repay the loans it has defaulted on.
They will never be repaid. That is what "default" means.

Greece can only continue to default if people continue to lend it more money to default on. But who wants to lend Greece money? Not even you.

 

Thanks fro info very interesting. It is a shame for you people but it is happening to us and the rest of the free world too. So looks like we are all up the creek without a paddle or ,ship,lol.

 

Stop the stupidities! If you're being hindered growth, then how are you going to pay off debt, and that's what austerity does. ..and Brussels knows it. That's why they laughed at Veroufakis when he made suggestions on how to stimulate the economy. It's deliberate, so foreign corporations can buy up Greece's resources. They're doing the same thing in Ukraine, so companies like Monsanto can buy up the land dirt cheap from the impoverished farmers.

In the meantime these 'Soros' idiots are giving rise to Nazism, the same way the Bolsheviks did. Just in case you haven't heard, 60 thousand marched in Warsaw a week ago.

 

They aren't going to pay off their debt.
No one expects them to.

Verofakkis wanted to borrow more money to stimulate the economy.
Only he couldn't convince anyone to lend it him.

Because... they aren't going to pay off their debts.
Austerity or no austerity, if you aren't going to repay me, I'm not going to lend to you.


If Greece wants to trade it must have something to trade.
Billions in return for nothing? No thanks.


If lending Greece billions was the solution to Greek poverty, they wouldn't be in this mess right now.
That solution has been tried to the point of exhaustion.


So Greeks want to borrow more to avoid austerity.
In order to become creditworthy Greeks must stop overspending. Must accept managed austerity. They are unwilling to.
It's unpopular to cut wages and pensions and public services.
But they have and they will continue to. No real choice in the matter.

 

All nations will be turned into third world status by whoever rules the world now, this man thinks it is the Jews I'm still questioning but leaning that way myself. The video goes dark a couple seconds then come back on. Very interesting ,

 

Check out the video so that you have some idea what you are talking about....

 

Nigel Farage - the best prime minister the UK never had. All we get instead are ****ing losers.

 

Spot on, western countries' project to infantilise our young generation has worked like a charm, and the vast majority are more interested in sexting than contemplating the world around them. It ain't looking good, whichever way you look at it.

 

This last article is particularly helpful because we can easily see from the media of today the consequences of the programs destroying Europe for the last several years, as well as the correctly named 'hysteria' concerning Russia in the USA.

https://www.strategic-culture.org/news/2017/11/05/myth-european-democracy-shocking-revelation.html

 

It is in the plans to change the demographics of all Europe. Now Greece like the rest will be changed into third world cultures and skin tones. Turning free white nations into brown or black nations. Blackmail and starve them out if they don't take in millions of third world ' refugees'.

 

He's a self hating Jew, and presents himself as an Orthodox monk, but he's not. Orthodox monks are cloistered and rarely leave. They spend their time praying, and rarely criticize people... that's demagoguery. I think he makes a lot of money on bashing Jews.

 

I don't care if he is a radical muslim from hell. If he has facts he has facts. I get my info from all kinds of nuts and even a few fruits. Then I take out what is proven to be true and leave the rest.
Thomas Jefferson had a quran and studied it because at the time we were fighting Barbary Pirates off Shores of Tripoli kidnapping enslaving our trade ships. . Now the insane left thinks he loved islam. No he didn't like islam he was knowing his enemy.

If you just listen to those you like you'll be a very closed minded ignorant person. Not being mean just stating a fact.

 

Greece is going to end up in a war, it's inevitable. Their army consists of over a million men... which is quite a lot considering they have only 11 million people. This is where all the loan money goes... other than paying back interest.

Other than watching over the migrants in the refugee camps, the Greek forces will have to protect the islands from Turkey. Even worse, they will have to hold off an invasion from Soros backed Muslim Albania. Albania has ISIS training camps, and they are now claiming parts of Greece, Serbia, Montenegro and Macedonia. All the Balkans will be in turmoil... exactly as Soros wants it.

The end's not going to be pretty though, since the bear has its own historical affinities in the Balkans, and any move in the Aegean or Eastern Mediterranean will be a threat. And then there's China, who has invested heavily in Greece for its new route into Europe.

 

What were they thinking when they created the EU in their first place. Let's add another complete government on top of ours. I can't believe people couldn't see what would happen.

 

What a shame to destroy such a beautiful nation. like America,we too are being destroyed from within.