Greece fucking up the Euro

You just say that because you're a tyrant trying to take away the Greek people's inalienable right to retire with a full pension at age 30.

 

It's no secret that the Greek authorities fucked a lot of things up - just launch google earth and look at all the rich guy's mansions. I wonder if they all paid taxes for this. Everyone knows that in Greece the officials don't take their job too seriously to say the least. Now why are we supposed to suffer for their inability to provide a solid economy for their people?

Once again - a shame that the normal citizens of Greece are the ones that will suffer the most, but dropping Greece from the EU (which won't happen) would at least save a lot of trouble for the entire European Union.

 

If they were on their own currency.... they'd be far worse than they are now.

This makes the dollar look more appealing....

 

I heard that the hedge funds are attacking greece from all angles to bring down the Euro.

They are speculating heavy against it to get Greece to take IMF loans and cut benefit programs for their people. It's really upsetting to see. I hope they fight back.

 

There are already those speculating that the Euro will disappear. Of course, many of those speculating stand to gain so it's hard to cut through the crap. As it is, Greece is not the only Euro-zone country to be in deep financial shit. There is an expectation that Portugal and Spain are not too far behind. Worrying times.

 

That's what happens with one currency... one fucks up and the rest suffer.

 

I just read that Germany would be above its allowed rate of new indebtedness, too (...again, I think). What our politicians are thinking about right now is doing this: Classify the funds they put into the unemployment insurance as a "loan", so they don't count as expenses - and bam!, 9 billion "saved", and we're below the threshold. How fucked up is that? :dammit:

...maybe Greece wasn't that much worse off than the others, it's just that they ran out of "good" ideas like that?

 

Let's not forget the money spent on the 2004 olympics, and after the event most of the venues were not used.

And my friends wonder why i'm worried. Brazil will host World Cup in 2014 and Olympics in 2016.

 

I'm still glad the UK didn't jump on board of the Euro.

 

Actually Greece is Europe, it is Turkey that is NOT and I repeat NOT European no matter how much they want to get into the EU, but then again Turkey is not on the European tectonic plate, but the other plate. So keep on knocking, but remember that just like the Jehovas Witnesses , nobody is opening up. But other than that, then I am fine with Turkey, but then again that is also because I do not dare to put my feet in discussing the situation of Cyprus. But that could the North Cyprus guy, and our Greek guy discuss. Sorry back on topic, thank goodness I have the currency named Kroner in Denmark, and not Øvro/Teuro

 

Look at other Eastern European countries, like Romania and Bulgaria that are part of the EU. They still use their own currencies, the Lei and Leva respectively. I traveled through this part of the world recently (my fiancé is originally from Bulgaria), and while many of these governments are poor and corrupt, we saw many people working happily into their 80s, being productive in their society and economy. Maybe it is their lack of sustainable pensions, but the social ideals seem different than Greece. This is something that would be hard to change, considering I'm fairly sure they saw it coming.

I honestly think that Greece has a great option to recover from this all on their own - sell some of their country to the EU countries that would be footing the bill for the bailout. Everyone wins! I'm sure Germany would like a Greek island or three.

 

Boohoo. You do understand risk, right? I know it sucks, but it's the name of the game. Ever thought of bailing before it gets out of hand? I remember talking about how I'd buy dollars out the balls at $1USD = 95JPY... and I would've lost my fucking house.

 

Clearly you have never been subject to Greek bureaucracy...

I believe it crosses both plates actually. And several others.

 

why are greeks so lazy, michael?

 

The euro is not going to disappear, there's just too much at stake for that to happen.

What you're going to see is a sizable part of europe going back to third-world status, which is basically a consequence of this situation: while rich countries like Germany and France wanted to become an alternative to the US, ratter than an antithesis like the Soviet Union was, smaller and poorer countries saw the Union as a way to unload their problems on somebody else, and get rich quick too.

I think the EU should stop supporting these freeloaders and look for new associates, even if they're outside of europe.