General Forum - Have the Greeks punched a gift horse in the mouth? - Page 1

It would be hilarious, if the money lent to them by various banks actually all belonged to those banks.

This is what annoys me most about the financial situation of the world, banks take money that isn't theirs and lend it to other people, then they get too greedy and it all comes tumbling down, governments bail out the banks with more money that isn't theirs.

It's pointless getting angry about all the money the banks should owe people, and how we are bailing them out, because the whole system means we have no real choice in the matter.

What annoys me most about the whole system that I do get angry about is the bankers themselves, they earn fat money no matter what they do. Why is that not illegal?

First against the wall when the revolution comes!


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I suspect Papandreou is thinking if he gives the people a referendum and they reject the bailout then it is out of his hands and no-one came blame him for it, equally if they accept the bailout and later start bleating about the 'austerity measures' he can say "but you accepted it so you can't complain (and it's not my fault again)". Basically he's absolving himself of responsibility, which is bollox. Make a decision and stick with it.

At least the Greeks are fighting back against imposed austerity, where the rest of us just accept this nonsense. I do not see Mr Cameron or Clegg tightening their belt ! ......So why should I.

And, why stop at half removal of Greece's debt, why not just wipe out all Greece's debt and start again fresh, because world banks do that for thrid world countries debt quite a lot, otherwize the system does not work to get more profits off them in the future (ie, dont bankrupt them, just keep milking big interest).

We know the bankers crisis caused all this, and the astronomical world debt is now impossible to pay, so lets go further and just wipe out all worlds debt and get the economy moving once again, get rid of this manufactured austerity and recession.

Money is only figures nowadays and not related to gold, and they can find plenty money when they need armies, weaponary and fighting wars, so why not just cancel off the debt. Easy !
  

I find it laughable that they immediately said 'let's ask the poeple'

The merest hint of tax rises and job cuts was enough to send the people onto the streets, petrol bombs in hand. It's simply a ruse to offload the responsibility for their worsening crisis squarely onto the shoulders of the Greek people.

When Greece entered the eurozone, they were like a teenager with a credit card - all spend with little thought of the long term implications. The people had it very good, but on borroed time, now the Govt is expecting them to give it all up in a heartbeat.

2007 all over again, and it's entirely the fault of anyone in power who said the Eurozone was a good idea

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Part of the problem, surely, is that the tax take is nowhere near where it should be in Greece because so many fiddle their taxes.  It would seem their tax intake is short each year of some $20 million, so they only have themselves to blame...

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The Olympics finally did the Greek economy in... so what have we learned?

This item was edited on Thursday, 3rd November 2011, 19:20

Turns out that there won't be a referendum after all.

President Papadon'tpreach has scrapped it, claiming he never wanted one in the first place.

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Oh yes, completely his decision, nothing at all to do with every single other member of the EU breathing down his neck

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Merkel had a private word, I suspect.

Quote:
marksparks999 says...
The Olympics finally did the Greek economy in... so what have we learned? Our great, great, great, great, great, great, great grand children are screwed!


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