Greek Financial Crisis

[Toffeelover]

It's a dogs breakfast and will fall apart within 6 months.........

It will Pete, like that film "never ending story" Even with debt relief how can they pay off the remaining debts, the new financial assistance, pay wages and continue with all the other aspects of government. In addition what are they going to do to ensure compliance with tax regulations. The whole thing is just kicking the ball down the street a bit more.

I think Greece should leave the eurozone, go back to it's original currency because the they are then in control not certain euro countries.

 

[peteblue]

It will Pete, like that film "never ending story" Even with debt relief how can they pay off the remaining debts, the new financial assistance, pay wages and continue with all the other aspects of government. In addition what are they going to do to ensure compliance with tax regulations. The whole thing is just kicking the ball down the street a bit more.

I think Greece should leave the eurozone, go back to it's original currency because the they are then in control not certain euro countries.

At the moment they may as well just rename the country Allemagne Sud........

 

[Toffeelover]

I think this crisis is showing Europe for being what it is. A banking technocracy. Win or loose it's the end of the EU.

Nearly Mate. It does show that the closer integration being pushed by France and Germany cannot really work, with such differing economies and societies.

 

[Toffeelover]

At the moment they may as well just rename the country Allemagne Sud........

HHMMM are you implying that Angela is succeeding by non violent means where her predecessor Adolf failed and is well on the way to establishing a USG?

 

[peteblue]

HHMMM are you implying that Angela is succeeding by non violent meanswhere her predecessor Adolf failed and is well on the way to establishing a USG?

The Greeks are saying "first it was tanks now it is banks".......

 

[Toffeelover]

The Greeks are saying "first it was tanks now it is banks".......

Wonder what it will be next? Seizure of the land and removal of the people?

 

[The Esk]

Pure economic imperialism nothing less.

 

[Bruce Wayne]

The Greeks are saying "first it was tanks now it is banks".......

You're a bad man Pete.

 

[peteblue]

You're a bad man Pete.

 

[squonk]

Thanks for that reasoned argument.

called it for what it is

whatever happens it's not the end of the EU

 

[marty mcfly]

called it for what it is

whatever happens it's not the end of the EU

It won't happen overnight but once the German people get hit with the bill for bailing out Southern Europe and the Southern European countries start leaving the EU to regain competitiveness eventually it will.

 

[davek]

It's often said that this is pushed by Germany, but many of the nations in the east and north of Europe feel the same. The Czechs, for instance, have no sympathy for the Greeks at all and believe they should start living within their means.

I wouldn't go as far saying that's a consensus, but there are enough people in Europe of that mindset to suggest that this isn't just Germany saying jump.

They are vassal states of Germany. If Germany say jump, they say how high.

 

[Bruce Wayne]

They are vassal states of Germany. If Germany say jump, they say how high.

Funny, none of the Czech's that I've spoken to have mentioned the Germans at all. Must be subliminal or something.

 

[davek]

Funny, none of the Czech's that I've spoken to have mentioned the Germans at all. Must be subliminal or something.

There's nothing subliminal about it, they are materially hidebound to the German economy. They are their greatest exporting market and owe their membership to the EU to the Germans.

They're client states who merely passed from being Soviet bloc nations to being German bloc nations.

 

[Bruce Wayne]

There's nothing subliminal about it, they are materially hidebound to the German economy. They are their greatest exporting market and owe their membership to the EU to the Germans.

They're client states who merely passed from being Soviet bloc nations to being German bloc nations.

That's just betraying a lack of understanding of life under the Soviets I'm afraid. Today is absolutely nothing like it was from 1945-1989.