Greek Vote Today

[Ivytalk]

So how will the Greeks vote on the bailout referendum?

Yes, to accept more austerity measures and stay in the Eurozone (as 75%of Greeks supposedly want)?

Or no, to reject the deal as the lefty PM Tspiras advocates, thumb their noses at their creditors, and return to the heady days of the drachma?

Discuss.

And by the way, how do you separate the men from the boys in Greece?

[CID1990]

At the end of the day, if you are fiscally irresponsible - other people will ultimately make your choices for you

both options amount to kicking the can down the road

[CAA Flagship]

At the end of the day, if you are fiscally irresponsible - other people will ultimately make your choices for you

both options amount to kicking the can down the road

[houndawg]

Why do we care what Greece does?

[93henfan]

Cheap Mediterranean island vacations and hungry women who give up the two hole? Go on.

[CAA Flagship]

Cheap Mediterranean island vacations and hungry women who give up the two hole? Go on.

[houndawg]

Cheap Mediterranean island vacations and hungry women who give up the two hole? Go on.

If they default the vacations will be even cheaper! And two hole will go for pennies!

[travelinman67]

NO!!!

Greeks reject austerity measures.

http://hosted.ap.org/dynamic/stories/E/ ... 5-16-04-15

[BDKJMU]

How do the Markets react tomorrow?

[BDKJMU]

EU looks like a shit sandwich now..
https://ca.news.yahoo.com/quartet-crise ... iness.html" onclick="window.open(this.href);return false;

[93henfan]

How do the Markets react tomorrow?

The market is overheated already, so this won't help. Maybe drop a couple of percent this week?

[travelinman67]

EU driven shakeup drives oil down, China orders brokers to hold up market values fearing sell off...

http://www.cnbc.com/id/102810486

[CID1990]

Buddy in Athens says the ATMs have no money, banks are closed, and some supermarkets are running low on food

This is what happens when your debt reaches a certain level against your GDP

And to answer a certain person who would be a globalist in an anti-globalist thread who asks why we should care what happens in Greece-

When major trading partners allow low GDP countries with pie in the sky social spending programs to hitch their wagons it affects us all - the resulting damage to the EU will affect the value of your own nest egg here

The moral of this story is you don't form economic blocs with people who are not like you and you certainly don't tie your currency and credit rating to them - it would be like me sharing my AMEX with a bum down at the homeless shelter

[houndawg]

Buddy in Athens says the ATMs have no money, banks are closed, and some supermarkets are running low on food

This is what happens when your debt reaches a certain level against your GDP

And to answer a certain person who would be a globalist in an anti-globalist thread who asks why we should care what happens in Greece-

When major trading partners allow low GDP countries with pie in the sky social spending programs to hitch their wagons it affects us all - the resulting damage to the EU will affect the value of your own nest egg here

The moral of this story is you don't form economic blocs with people who are not like you and you certainly don't tie your currency and credit rating to them - it would be like me sharing my AMEX with a bum down at the homeless shelter

You love me, you just don't realize it yet.

While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

[CID1990]

Buddy in Athens says the ATMs have no money, banks are closed, and some supermarkets are running low on food

This is what happens when your debt reaches a certain level against your GDP

And to answer a certain person who would be a globalist in an anti-globalist thread who asks why we should care what happens in Greece-

When major trading partners allow low GDP countries with pie in the sky social spending programs to hitch their wagons it affects us all - the resulting damage to the EU will affect the value of your own nest egg here

The moral of this story is you don't form economic blocs with people who are not like you and you certainly don't tie your currency and credit rating to them - it would be like me sharing my AMEX with a bum down at the homeless shelter

You love me, you just don't realize it yet.

While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Well then the better question should have been "Why should I care about Greece?"

The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.

[houndawg]

You love me, you just don't realize it yet.

While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Well then the better question should have been "Why should I care about Greece?"

The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.

Yeah.

[CAA Flagship]

Let Greece turn into Haiti.

[93henfan]

Let Greece turn into Haiti.

Thailand, not Haiti.

[houndawg]

You love me, you just don't realize it yet.

While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Well then the better question should have been "Why should I care about Greece?"

The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.

You mean the one where Wall Street and international banks crash economies, buy the casualties for pennies on the dollar, make billions on the side betting against the sham "mortgage-backed securities" they peddle to pensions and governments, (globally of course, with the help of crooked politicians like Tony Blair), demand and receives a bailout from the people whose lives they just ruined, and then downgrade a country's bonds when the economic time bombs they sold go off? The one where they then bump a nation's bond yield to 50% and demand that all government functions generating revenue be "privatized", further lowering revenues and creating an ever growing ocean of debt that only be reduced by eliminating all social programs and laying off public workers, but not cutting military spending or raising taxes on the oligarchs? That one? You're right, I don't get it. All I get for me is cheap tennis shoes.

[Chizzang]

Well then the better question should have been "Why should I care about Greece?"

The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.

You mean the one where Wall Street and international banks crash economies, buy the casualties for pennies on the dollar, make billions on the side betting against the sham "mortgage-backed securities" they peddle to pensions and governments, (globally of course, with the help of crooked politicians like Tony Blair), demand and receives a bailout from the people whose lives they just ruined, and then downgrade a country's bonds when the economic time bombs they sold go off? The one where they then bump a nation's bond yield to 50% and demand that all government functions generating revenue be "privatized", further lowering revenues and creating an ever growing ocean of debt that only be reduced by eliminating all social programs and laying off public workers, but not cutting military spending or raising taxes on the oligarchs? That one? You're right, I don't get it. All I get for me is cheap tennis shoes.

Mr. Houndawg...
Are you suggesting that the game is rigged ???
How dare you!

[dbackjon]

Germany should finally repay reparations owed Greece from WWII

[kalm]

Well then the better question should have been "Why should I care about Greece?"

The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.

You mean the one where Wall Street and international banks crash economies, buy the casualties for pennies on the dollar, make billions on the side betting against the sham "mortgage-backed securities" they peddle to pensions and governments, (globally of course, with the help of crooked politicians like Tony Blair), demand and receives a bailout from the people whose lives they just ruined, and then downgrade a country's bonds when the economic time bombs they sold go off? The one where they then bump a nation's bond yield to 50% and demand that all government functions generating revenue be "privatized", further lowering revenues and creating an ever growing ocean of debt that only be reduced by eliminating all social programs and laying off public workers, but not cutting military spending or raising taxes on the oligarchs? That one? You're right, I don't get it. All I get for me is cheap tennis shoes.

[Ibanez]

Germany should finally repay reparations owed Greece from WWII

So should Italy and Bulgaria.

But they won't. The Germans paid in the 1960s according to the treaties. There's back and forth stemming from a treaty signed in the early 90s, but Germany isn't going to pay one cent.

[dbackjon]

Germany should finally repay reparations owed Greece from WWII

So should Italy and Bulgaria.

But they won't.

So they are hypocrites, amirite?

[Ibanez]

So should Italy and Bulgaria.

But they won't.

So they are hypocrites, amirite?

Not Really. The treaty in 1990 which reunified Germany didn't include WW2 debt/reparations. So, legally, they aren't required pay anything.

Reparations wouldn't make a dent in their debt. Greece should be given the same help Germany was given. Put payments off for 15-20 yrs until they've rebounded. Restructure/renegotiate the debt.