Toffeelover
Player Valuation: £80m
I think this representative of what is happening.
Greek Financial Crisis
- Thread starter Pienaar's gloves
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The Esk
Player Valuation: £70m
allezlesbleus
Player Valuation: £35m
U---- t-- P--- s----- !!!until this happens (cryptic)
Different but parallel thread perhaps, but the Conservatives get away with attacking the poor for benefits dependency when it is landlords who depend on housing benefit and employers who can pay peanuts, dependent on WFTC.
As a bigger beard than Tim Howard's pointed out some time back that We have nothing to lose but our chains.... Workers of the world unite!
Charlie Chaplin? Groucho? Possibly.
I don't think this is an apt comparison with Hitler. Disparity of power between the leaders involved, but different ball park absolutely.
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Toffeelover
Player Valuation: £80m
Charlie Chaplin? Groucho? Possibly.
I don't think this is an apt comparison with Hitler. Disparity of power between the leaders involved, but different ball park absolutely.
Okay gone.
The Cowboy
Player Valuation: £60m
'reached the people of Greece'? Surely the point of a bailout is to pay off your debts?
It isn't some sort of first world humanitarian crisis. Not sure why it needs to 'reach the people of Greece'.
The Equaliser
Player Valuation: £50m
So much Euro-scepticism. UKIP seem to have taken over GOT.
The € is up 0.66% on sterling today despite the current crisis. Have some of that Farage.
The € is up 0.66% on sterling today despite the current crisis. Have some of that Farage.
Librarian
Player Valuation: £70m
The Greek referendum only decides what to do about latest bailout, they'll need another vote in a few months. What's needed in the Eurozone is a vote across all of its members about what kind of banking system is needed and what the role of its central back should be.
SpurtingLesbian
Ken Dodd Nagasaki
it's not too far away, Pensions/public sector wages slashed, hospitals/government offices closing etc. It's really on the verge there mate, it's why the voted in this Government to start with. The State is cut to the point of collapse and the Germans want more cuts.
The Equaliser
Player Valuation: £50m
When you enter into a loan agreement you have to keep up the repayments, as everyone who has a mortgage is constantly reminded of. You know the consequences of not doing so when you enter into the agreement.
We entered a similar bailout programme, took the medicine, and made the repayments on schedule. It was harsh and we have all seen a drop in our incomes and living standards. We are now through the worst and things are improving rapidly. As with the Greeks, the money was used to pay off creditors of the banks whose debts the government had guaranteed.
The Greeks can do the same if the political will is there for them to do so. The present crisis would appear to be a stand-off between the present administration and the EU, and there will only be one winner even if it puts the Euro in jeopardy in the short-term.
SpurtingLesbian
Ken Dodd Nagasaki
yeah, but they are being hit much harder than we are, and the EU is demanding even more. They can't afford essential services now and the Banks are closed to stop the Economy collapsing all together.
Greece is being forced into bankruptcy, at which point nothing will get paid back, who wins then?
Greece is being forced into bankruptcy, at which point nothing will get paid back, who wins then?
peteblue
Welcome back Wayne
They aren't being forced into Bankruptcy.....they are Bankrupt.......it's now just a matter of arranging the terms to pay off the loans......
SpurtingLesbian
Ken Dodd Nagasaki
well yes.. technically...
just saying the Country needs to function on at least some level to be able to pay anything back.
The Equaliser
Player Valuation: £50m
We in Ireland got hit hard by the bailout programme and no mistake.
It's up to the Greeks. If they want to stay in the Eurozone they will have to continue to take their medicine. They can't have it both ways.
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