Posted on 07/05/2015 1:25:08 PM PDT by SamAdams76
Apparently there was a "referendum" in Greece and the results are surprising. The Greeks rejected some sort of measure to impose "austerity" in exchange for EU bailout.
It is being seen as a "shocking rebuff" to the European leaders and the Euro is taking a tumble on the markets.
Drudge says "EU on brink." Others say Greece is a "beleaguered country."
Is this what happens when socialism runs out of "other people's money."
I must regret to say I have not been following this story as much as I should have on account of the summer routine. So I'm hoping that some more astute Freepers will fill me in on whether or not we in the United States should worry.
I do know one thing. I'm buying my olive oil from domestic sources. I used to get olive oil from Greece but no more.
What else does Greece export to the United States besides olive oil? Other than short politicians with garlic breath who are for big socialist government (i.e. Mike Dukakis).
This is helpful. Still, I sense the approach of another trainwreck of enforced austerity dressed up as patriotism, and that being called ‘the new normal’
Or from what I've seen lately, a Hillary supporter at a Bernie Sanders rally.
Could this cause the Euro to drop, which would make the Dollar rise, bringing about a ‘ripple effect’ of sorts over here?
I see a resemblance to chicks in a nest waiting to be fed.
I’ve spent three vacations in Greece over the last twenty years. Probably the safest place you could ever travel to. People are extra friendly and food is four-star. I’d strongly endorse a trip there (after the mess ends) because not only will you get a good decent vacation...but you get a significant view of a society living beyond their means. It’d be like Alabama with a spending plan on infrastructure like California has, but only getting the average tax revenue that the state typically has.
The metro subway system from the Athens airport to the middle of town is a five-star system....probably even better than DC has. But somehow....as you are admiring it....you just start asking how they’d ever afford it. The answer is....they can’t. The airport is the same way....probably as good as Atlanta (although half the size).
It is my understanding they rejected an offer that has already expired .. e g not on offer any longer.
Yes or no vote made no difference. There is no deal.
Well sort of.... ;)
Curiously, the immigration episode only became a problem over the past three months. By spring of next year....it’ll flip into a major problem by itself. I watched a video the other night. Dozens of folks landing on some island....walking up on the beach....and Greeks basically don’t do anything. Greeks won’t feed them, cloth them, or provide anything. The immigrants are standing there and thinking....typically....you’d have some folks giving you stuff as you arrive (like Italy does). Well...Greeks aren’t doing anything and the immigrants are thinking....well...it’s best to keep going because this won’t work here.
Government talking of taking deposits over 8000 Euros.
It means nothing. Just go about your day reading FR. There is nothing more important in the world.
What do they export to the U.S.? Financial misery.
Gee...just like here in the U.S.
Greece in Crisis. Isn’t this where the Clinton Foundation swoops in to save the day with one of their scams? Heck they could make Hillary’s bother CEO of the Olive Oil concession.
See there...Obama already took away the 1 and left us all with just 40k!
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