Posted on 07/14/2015 2:20:03 PM PDT by Kartographer
While Germany's finmin Schauble is about to burst at few capillaries after reading the latest provocation from Tsipras in which he said, according to Reuters, that:
GREEK PM TSIPRAS SAYS I SIGNED I DEAL I DO NOT BELIEVE IN BUT I'M WILLING TO IMPLEMENT AND WILL ASSUME RESPONSIBILITIES
It should be the Greek people that are reeling by another, even greater stunner, just spoken by the Greek PM during his TV interview: an admission from the chosen Greek "leader" that Greece, as a sovereign nation, no longer exists:
(Excerpt) Read more at zerohedge.com ...
Countries like Greece, in their headlong rush to qualify for the EU, dug there own graves, with a little help from our friends on Wall Street.
Open borders, income equality across the board, private ownership . . a quaint idea, one world currency. It sure sounds like the One World Order we dreaded.
There’s almost no point in holding elections here anymore either. Seems that the highest bidder is selected by the electronic voting machines not The People anymore.
Sovereign countries print their own currency. They lost their sovereignty when they joined the Euro.
Meanwhile, Schäuble forced himself back to work within three months, even while he was still living in a rehabilitation unit, learning to manoeuvre while paralysed below the waist.
The EU was a suicide pact and Germany gave those other nations the poison.
(iow it was a death panel where the panel decided to die)
To Greece: Dont borrow and live on other people’s money and you don’t
have to worry about it.
Unfortunately, the Greeks have a wise-ass incompetent socialist prime minister. Hmmmm, sounds kind of like what we have.
In any event, the only workable solution would be for the bond holders, who essentially are other European governments, would need to write off a huge chunk of the outstanding debt as Greece will never be able to repay it, and it will drive the country even more into a depression trying to repay it.
At the same time, the Greeks should go off the Euro and back on the Drachma. Yes, this would create a great deal of pain over the next several years but long term it would bring the country back to solvency with one caveat. That caveat is that the Greek government has got to stop giving away the store and cut social spending drastically so as to live within its means.
As for the Germans and the rest of those European governments holding Greek bonds, they need to take huge write-offs now.
How many of those slackers built up the USA? Blackberry? Pam Anderson? (ok an actress), Onasis shipping? There is a significant list of those who work.
Given the economy has been in recession since 2010 and unemployment is at a staggering 60% for the 25 and under, it is easy to accuse.
How many illegal aliens are you lumping into that group? How many entrepreneurs? (greeks do startups because of government regulation) It is easy to call out names of those who are down. Did we call all those who happen to be finishing school in a recession/depression lazy too?
Sorry about your emotional problem but I was specific.
Thus this is the great experiment in international socialism.
That is, one of the major goals of the Socialist International, an organization of political parties from around the world, is the ending of nations, as such, replacing them as socialist districts in socialist economic blocs.
However, this is completely dependent on their axiom: that nations are nothing more than a “social contrivance.”
They also believe that marriage is just a “social contrivance”, as well, and you can see the devastation wrought by raising children in single-parent families. Our prisons are full of them, and they live the law of the jungle.
So, are nations just a contrivance, or do they have an underlying purpose to exist? We shall soon see.
It took World War II, the western powers and the Soviet Union to make Prussia cease to exist. So I wonder if Greece will go gently into that night?
Perhaps Turkey will offer to “take Greece back”, so that the Greeks will not be stateless persons?
If Greece continues to exist as a free nation, then this will be just another example of the failure of international socialism.
No, we call the Greeks “lazy” because they’re perfectly willing to live on other people’s money and have no intention of repaying it.
THAT’s why we call them lazy.
Those poor German bankers. So easily tricked. They REALLY REALLy thought those Greeks were a productive society.
And the wily Greeks tricked them.
I thought German central bankers were extremely bright and professional. They must have been scammed.
Or,,,,, did they advance loans they knew were beyond the capability of the borrower? And knew that was a way to enslave a nation?
“There are two ways to conquer and enslave a nation. One is by sword, the other is by debt.”
John Adams
"Why didn't I think of that?" - Schicklgruber
Its amazing to see so many champions for the EU as responsible ethical government fiscally.
And does nobody remember all the EU bank bailouts during TARP?
They were “the Greeks” in 2008, and they came screaming for handouts.
Lazy shiftless European bankers.
I’m not sure how Hitler’s grandma fits in here.
It sounds like you think the EU banks have a good case. Fine, I accept that the German bankers and businessmen must not be as bright as the Greeks must be.
After all, the Brussels and Frankfurt bankers were so easily tricked,,, right?
Lol
Is there any one out there that the GREEK government won’t renege on their promise? I’m willing to bet that these Greek politicians will renege on this “PROMISE” as soon as they get the money they want. Get ready for the next “WORLD SHOCK”, that will make this one like a Sunday walk in the park.
The Greeks were happy to receive billions from the EU to build the Athens airport, the subway, roads, etc. They just don’t want to pay the money back that they borrowed in addition to all the free EU money they got. The EU made a major mistake in allowing them to join.
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