It is time for a gamble. Or is it a gamble? A lot of UK bookmakers stopped accepting new bets, because it's obvious for them... they are out. But what do you think?
Greece is going to leave EURO and EU [to leave EURO a country has to leave EU], The problem is that after leaving the Union they will see OCSE [Western] countries imposing very high custom duties on Greek goods, if Greece will not pay the debts. This will make it impossible to export to Western economies for Greek producers and since the Greek Dracma won't be enough low to make them competitive with BRICS producers ... Greece will fall in a deep recession which will generate the conditions for a military coup.
The Germans will cave and give the Greeks more "loans" that will never be repaid. If Greece goes, and gets away with skating on its debt, the other beggar-nations of the EU are likely to do the same. Germany has too much to lose by letting its grip on the EU weakened in any way. Besides, the European Central Bank can simply print up a few billion more euros to cover the difference and life goes on. Make no mistake -- the European Central Bank (headquarters in Frankfurt) and the International Monetary Fund (IMF) totally RUN the economies of Western Europe. The Germans and the Greeks go through this Kabuki-dance every couple of years, and this latest squabble between the two countries is nothing terribly unusual....
The better for all the Europe would be to just stop european union. Greece would not be in this situation if she haden't join... As a lot of country of Europe who get porer after joining. This "union" is only great for a few countries, so, it's not a good system. They will probably not to leave and the union will get worsen and worsen...
About 300 billion euro of loans,.. so I've heard somewhere. Than again the Europeans central bank prints 66 billion euro's a month and with it they buy bonds and debts. So that's just 3 months of printing.
Money, money -- everywhere! This whole thing is such a wearisome, predictable schauspiel. The internationalist central-bankers, including the Federal Reserve combine and the European Central Bank, along with their "projection", the International Monetary Fund, are having a tedious time trying to keep the beggar-nations of hopelessly socialist Western Europe in line. Like all good little socialists, the beggar-nations want their "cake" in unending supply, and, they expect someone else to PAY for it. Socialists do not think in any other way.... I've said for months that the central-bankers and their handpuppets, the "leaders" of Western Europe (particularly the Germans) would CAVE, and here's yet more proof that is exactly what is going to happen... in fact, as we see, it's already begun: http://www.wsj.com/articles/greek-p...es-optimism-about-emergency-summit-1434711032 Socialism, Communism, Fascism, Monarchism -- these are all failed social/governmental structures that became obsolete in the 20th Century. But they are promoted and funded in the 21st Century because that is the fastest and most secure way for international central-bankers to enslave the economies of every country in the world, eventually replacing all with ONE currency and ONE government, which they will control completely. From George Orwell's masterpiece, "1984"
I can't help but feel badly for your Mr Cameron. He's mostly a competent, intelligent leader -- BUT, he, too, must toady to the dictates of a very powerful player in the internationalist banking hegemony -- the Bank of England... which, of course, is "thick as thieves" with the Federal Reserve and the European Central Bank. But, you are lucky. At least Great Britain had the very good sense to stay the hell out of the euro!
We soon have a referendum, but we won't get out because of the media propaganda and having such a dumbed down population like many parts of the western world nowadays.
There are worldwide benefits when a country refuses to pay its national debt. Thanks to this action of not paying the debt acquired by former corrupt democratic administrations, the new revolutionary governments in South America started anew creating the global economy. Of course the banks of US and Europe imposed sanctions by lots, and boycotts were made against these countries in the 70's. But, slowly but surely these third world countries overcame the economic impositions and restored their economies by starting trades with Africa and Asia. Greece is doing what is best for them, which is to start anew. The current creditors are companies and banks that have collected their debts fully long ago, but that have use the trick of "interest" added in order to make Greece a economically slave country forever. The attempts from Germany with more loans is to keep Greece as a slave country. Greece must stop paying the debt under the conditions given by the banks. Greece must start new trading with other countries not associated with Western powers, and start to pay the debt in accord to the new progress reached thru the years. In general terms, law establishes that shelter can't be taken from a person in bankruptcy. Same as well, Greece as a sovereign land can't be taken from Greek citizens. Laws establish that the debtor might have the opportunity to pay the debt according to the available profit of any kind. Greece must recover internally first in order to pay its external debt. But the European countries don't want to accept this reality. I think that Greece will do better by expanding to new horizons because the current one is to become a slave nation. If you can't afford the fees of the private club, then... just get out of there.
My German roots tell me that Germans are "straight and accurate", not stupid ... And since at Berlin they are used to deal with Italians ... I don't think it's impossible that Germans will make to Greece and offer that Greece will not be able to refuse ... [Frau Merkel reminds in someway a Mafia godfather, you know ...].
Greece will stay in the EU and work with Russia on a pipeline project that may help their economy and help them pay back their loans.
It better than the very few get a lot and the many hardly crap like it goes in the US. Also... it has nothing to do with Greece.
Greece got into the EU by cooking their books and lying about the levels of fraud, thievery, tax-evasion, and other crap that goes on during an average year. they should have been kicked out years ago. now, they are refusing to pay back what they borrowed, to cover their decades of debt. their's is a government of liars, cheaters, thieves, and crooks.
Congratulations! You hit right at the heart of the real irony of this thing. Here we have a socialist, jive-ass, wanna-be dictator who runs a gigantic Welfare Circus, but all the while he obediently allows the Federal Reserve central bank to manipulate the economy so that the stock market grows to about 200% of what it's REALLY worth, and the rich get even so much more so! It's been so bad since the first of the year that even Janet Yellen, the beardless Bernanke-clone who runs the Fed, has pointedly warned about how overvalued the stock market is: Here's her warning from May 6th, of THIS year: http://www.reuters.com/article/2015/05/06/us-usa-fed-yellen-idUSKBN0NR1JI20150506 . It's even more significant considering that the whole mission of the Fed since 2007 has been to force people INTO the stock market by pulling every (*)(*)(*)(*)ty trick and manipulation imaginable, including all the bail-outs, crushing interest rates for people who save instead of blowing money, and making life very, very sweet for investment bankers and stock market gamblers. Obama is nothing but their house pet, obediently doing exactly what he's TOLD to do.
Yep, and when it all comes tumbling down again -- and eventually it will do just that -- the United States and possibly the entire world will fall into a long term economic depression that will make the Great Depression look like a mere recession in comparison.
Yep. Essentially I look at it as the Left fiddling while Rome burns and the GOP dominated legislative branch being too terrified of the Left-Aligned MSM to do its forking damn job. Meh . . . so it goes.
since europeans love socialism... why should greece have to leave the euro... all of europe should keep paying for this underachieving poor struggling person (country)... all of europe will just need to keep redistributing its wealth because its not fair what all of europe did to greece, so since they all believe life is unfair and we need to redistribute wealth, how can anyone in europe not keep giving them more money, because clearly greece has been taken advantage of their entire life and never been able to succeed as a result of all the rich people who have made life unfair... so of course greece should stay in the euro, the rich will just have to pay their fair share to equalize things... I mean come on, it's only fair if thats what they believe, they should have to practice this on a country level, not just locally since they are all intertwined now with legal matters... I mean if it wasn't for all the laws maybe greece would have been able to survive but since they forced international laws upon them as part of the euro, they should support the weakest countries, or is socialism a bad thing and we should drop the losers???????
BTW, I love your signature line! And, your post raises a question in my mind -- "after parasites have killed their host by sucking all the blood out of it, what do they feed on next...?" Sometimes they turn on each other....
Well in an ideal world, they just die... but there is always the chatter of a world currency, giving them plenty of potential... but hey there is a lot of blood left in the euro for them to feed off, we'll just have to wait and see of they stick to socialism as a solution, or if they finally say, hey we love socialism but we don't want to support the poor and downtrodden because, we don't want to give up OUR money for OUR ideology... irony... my signature line came from a "quote of the day" program that used to run when you logged in to a BBS... I miss the scrolling ansi screens...
