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Post Reply Greek debt crisis
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46 / M / Between yesterday...
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Posted 7/2/15 , edited 7/2/15

wingopanda wrote:


gvblackmoon wrote:


wingopanda wrote:

Just goes to show that most left wingers are stupid and can't run anything.


Really so how do you explain Sweden, Norway, Finland, Denmark and Canada the list goes on all left leaning countries as well as the United States I know everyone on the right keeps screaming that we are a right leaning country but the evidence doesn't show that if we were a right leaning country we wouldn't have the progress we have to date. Lets face it the Constitution as well is an incredibly progressive and liberal idea when it comes to protecting freedoms. Self rule not king or church telling us what to do huh how novel an idea.


The key is to work together and make the group stronger if all you have is greedy people you don't have a society you have anarchy and that never works.


implying any of those countries are good.


All of them are doing great and are good they take care of their citizens everyone gets an education they have excellent health care and child care. Their economies are doing fine they weathered the crash of 08 far better then many other countries. All because they understand that to be a good citizen you pay your taxes to help take care of everyone since you all befit from it.
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Posted 7/2/15
Maybe they should try a barter system instead of playing make believe with paper notes.
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Posted 7/2/15
Greece, the weak link in the eurozone, is inching closer to defaulting on its debt. The country has been in a long standoff with its European creditors on the terms of a multibillion-dollar bailout.
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Posted 7/2/15

Ejanss wrote:

Also, part of the crisis can be traced back to foreign investments being sold on the mortgage bubble, back when everyone thought that was a sure thing--
As we know from Mitt Romney continually parroting "We don't want another Greece!" over and over again during the '12 election, without really seeming to have a clear idea what that meant. (As usual for his strategy, though, it just sounded good, and he thought it would work twice.)


Ask Kay Bee toys.
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Posted 7/2/15 , edited 7/2/15

You mean this?
https://en.wikipedia.org/wiki/Petrodollar
It doesn't mean that the dollar is backed by oil.
If you mean this
https://en.wikipedia.org/wiki/Nixon_Shock
That simply meant that the U.S. government wouldn't exchange gold for dollars.
The dollar has value because the government says it's legal tender.
The price of oil might affect the exchange rates between dollars and other things, but that doesn't mean the dollar is legally tied to anything physical.
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Posted 7/2/15

Nobodyofimportance wrote:


You mean this?
https://en.wikipedia.org/wiki/Petrodollar
It doesn't mean that the dollar is backed by oil.
If you mean this
https://en.wikipedia.org/wiki/Nixon_Shock
That simply meant that the U.S. government wouldn't exchange gold for dollars.
The dollar has value because the government says it's legal tender.
The price of oil might affect the exchange rates between dollars and other things, but that doesn't mean the dollar is legally tied to anything physical.


No, no I do not mean that.
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Posted 7/2/15

ivanchoFAA wrote:

I think the president of Greece is an idiot. And to be honest almost all those left winged political groups are more idiots than the so call right winged parties.
A government debt of $323 billion, it's too much!
Countries like Spain and Italy are growing, at a very slow pace, but they are. Greece is in this mess because of the corruption; there is no other explanation to it.
The Greek government is acting like a spoiled kid, and not taking responsibility of the situation. Hopefully in the coming days/weeks there will be a solution to this problem that can affect Europe and the US


America's national debt is around $18.571 trillion ($18,571,954,284,000)...
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Posted 7/2/15

bobsagget wrote:


ivanchoFAA wrote:

I think the president of Greece is an idiot. And to be honest almost all those left winged political groups are more idiots than the so call right winged parties.
A government debt of $323 billion, it's too much!
Countries like Spain and Italy are growing, at a very slow pace, but they are. Greece is in this mess because of the corruption; there is no other explanation to it.
The Greek government is acting like a spoiled kid, and not taking responsibility of the situation. Hopefully in the coming days/weeks there will be a solution to this problem that can affect Europe and the US


America's national debt is around $18.571 trillion ($18,571,954,284,000)...


Doesn't affect us as bad as a smaller country. Especially when they don't exactly hold all the cards in their situation. EU/euro shit was a bad idea.
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Posted 7/2/15

dotsforlife wrote:


bobsagget wrote:


ivanchoFAA wrote:

I think the president of Greece is an idiot. And to be honest almost all those left winged political groups are more idiots than the so call right winged parties.
A government debt of $323 billion, it's too much!
Countries like Spain and Italy are growing, at a very slow pace, but they are. Greece is in this mess because of the corruption; there is no other explanation to it.
The Greek government is acting like a spoiled kid, and not taking responsibility of the situation. Hopefully in the coming days/weeks there will be a solution to this problem that can affect Europe and the US


America's national debt is around $18.571 trillion ($18,571,954,284,000)...


Doesn't affect us as bad as a smaller country. Especially when they don't exactly hold all the cards in their situation. EU/euro shit was a bad idea.


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Posted 7/2/15
Greece is in deep, deep trouble. It's going to take years for them to get even close to stable. This isn't new though, this has been building for a while.
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Posted 7/2/15

Punk_Mela wrote:
No, no I do not mean that.


I've got nothing then.
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Posted 7/5/15
Greece says FU to the EU dictatorship by voting no against the referendum and more austerity measures.
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Posted 7/5/15
As i understand the referendum was about if the people wanted to accepted the last offer Greece got or not.
An offer which was off the table on Tuesday so a good 5 days before the people even went to vote.
Many European politicians stated these obvious fact many times and pointed out how pointless the whole thing really is.
Now they Voted no and the European finance ministers already stated that they do not see the need to meet anytime soon because of that since there really isn't anything left to say.

I hope that they will not get anymore money at all why should we have to pay for them if they are not even willing to try to fix the problems.
Best case scenario Europe offers Greece all they want tell them they will not have to pay back anything or even change anything and than right before they sign the contract say "Well lets have a referendum and ask the European people if they really still want to pay for you bastards...."
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Posted 7/5/15
If Greece doesn't want to pay loans back, then why would anybody want to lend them money?
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46 / M / Between yesterday...
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Posted 7/5/15

AiYumega wrote:

Greece is in deep, deep trouble. It's going to take years for them to get even close to stable. This isn't new though, this has been building for a while.


The same years it took Iceland? If they get their one currency back up and running they take a page out of the play book of Iceland which did this 5 years ago. They aren't the first country to go through this song and dance just the first one that was willing to start by dancing to the tune that did the most damage. Now they have a chance to force so much needed debt relief and forgiveness and get back on track.
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