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  #121  
Old 06.05.2010, 14:07
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Re: Financially Skint Greece

Looks like the european union develops to a third world country. Thanks to the incompetent and the criminal politicians.



There are also rumors that France and Germany is producing their own currency.
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  #122  
Old 06.05.2010, 14:11
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Re: Financially Skint Greece

http://www.independent.co.uk/news/wo...t-1960876.html

http://news.malaysia.msn.com/busines...mentid=4070484

Regarding the second link he said much more, and he stated the huge profits that Gremany gains from the sale of weapons in Greece.
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  #123  
Old 06.05.2010, 14:37
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Re: Financially Skint Greece

I just figured out that greece has no other choice than go bankrupt.

Assuming greece needs 120`000`000`000 Euro immediatly and 50% of the population are earners that would make around a 22`000 Euro loan per working person to pay off plus around 7% interrest rate of 1600 euro per anum. I assume that the avarage greek cant`t afford this anyway.

Last edited by Tom73; 06.05.2010 at 14:56.
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  #124  
Old 06.05.2010, 14:38
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Re: Financially Skint Greece

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I just figured out that greece has no other joice than go bankrupt.

Assuming greece needs 120`000`000`000 Euro immediatly and 50% of the population are earners that would make around a 22`000 Euro loan per working person to pay off plus around 7% interrest rate of 1600 euro per anum. I assume that the avarage greek cant`t afford this anyway.
you are going to give Gastro a heart attack!! he will go medieval on your ass

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  #125  
Old 06.05.2010, 15:08
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Re: Financially Skint Greece

at least i got the political correct "n" word spelling right. Is gastro one of those who was over it to pay fakalaki al the time? I think arond 3000 euro for the avarage Greek is just not affordable (1400 fakelaki + 1600 rate payment on 22k loan) plus taxes and so on.

Greece should sell their islands to Turky.
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  #126  
Old 06.05.2010, 15:10
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Re: Financially Skint Greece

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at least i got the political correct "n" word spelling right. Is gastro one of those who was over it to pay fakalaki al the time. I think arond 3000 euro for the avarage Greek is just not affordable (1400 fakelaki + 1600 rate payment on 22k loan) plus taxes and so on.

Greece should sell their islands to Turky.

fakalaki is not something I would pay...one day perhaps paying for faki faki could be an option...you know...when I retire at 75
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  #127  
Old 06.05.2010, 15:12
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Re: Financially Skint Greece

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at least i got the political correct "n" word spelling right.
Still clinging to your racist typo?

Glarus says No to voting rights for foreigners
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  #128  
Old 06.05.2010, 15:25
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Re: Financially Skint Greece

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Still clinging to your racist typo?
I did apologize, i had no chance to correct my mistakes. So please forgive me if i have used 2times one g too often.
Have you read the post of that guy who thratened to kill swiss citizen when he get back to his country of origin?

Could we go back to the topic please?
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  #129  
Old 06.05.2010, 23:22
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Re: Financially Skint Greece

I listened earlier to a couple of commentators opining that a lot
of Greece's debt is actually held by French and German banks.

The political urge to bankroll Greece against all "common sense"
is actually to save these banks losing up to 120billions worth of
the ol' spondulics without having to 'fess up that these wonderful
institutions were/are just as bad as their anglosaxon counterparts.

Any thoughts, anyone?
.
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  #130  
Old 06.05.2010, 23:31
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Re: Financially Skint Greece

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I listened earlier to a couple of commentators opining that a lot
of Greece's debt is actually held by French and German banks.

The political urge to bankroll Greece against all "common sense"
is actually to save these banks losing up to 120billions worth of
the ol' spondulics without having to 'fess up that these wonderful
institutions were/are just as bad as their anglosaxon counterparts.

Any thoughts, anyone?
.
dude, all I saw is that the Greeks can't even demonstrate/riot properly...lazy bunch I tell ya...was cool to see DOW take a dive...did not last long though
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  #131  
Old 06.05.2010, 23:41
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Re: Financially Skint Greece

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I listened earlier to a couple of commentators opining that a lot
of Greece's debt is actually held by French and German banks.

The political urge to bankroll Greece against all "common sense"
is actually to save these banks losing up to 120billions worth of
the ol' spondulics without having to 'fess up that these wonderful
institutions were/are just as bad as their anglosaxon counterparts.

Any thoughts, anyone?
.
Or to save those banks before they drag their host countries down to the Greece level and so starting a domino effect towards the feared double dip recession.
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  #132  
Old 07.05.2010, 09:33
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Re: Financially Skint Greece

The financial exposure to Greek debts is minimal*, Greece bankrupting or defaulting on its debts wouldn't be half bad as bad for any European economy as having to bail them out, so no, that's not true.

*in relative terms, no bank would be endangered in its existance in the slightest.
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  #133  
Old 07.05.2010, 09:42
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Re: Financially Skint Greece

The title of this thread bugs me. Is there any other way of being skint, other than financially?
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  #134  
Old 07.05.2010, 13:50
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Re: Financially Skint Greece

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The title of this thread bugs me. Is there any other way of being skint, other than financially?
Morally skint, ethically skint, politically skint, etc.


Meanwhile: "Germany's lower house of parliament has just voted
to approve a multi-billion euro bail-out plan for debt-ridden Greece,
despite widespread public opposition."
.
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  #135  
Old 07.05.2010, 13:56
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Re: Financially Skint Greece

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Morally skint, ethically skint, politically skint, etc.
skint [skɪnt]
adj (Economics, Accounting & Finance / Banking & Finance) (usually postpositive) Brit slang without money
http://www.thefreedictionary.com/skint

Morally without money? Ethically without money? Politically without money??
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  #136  
Old 07.05.2010, 14:03
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Re: Financially Skint Greece

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skint [skɪnt]
adj (Economics, Accounting & Finance / Banking & Finance) (usually postpositive) Brit slang without money
http://www.thefreedictionary.com/skint

Morally without money? Ethically without money? Politically without money??
Think "broke" or "bankrupt". It can also mean drunk, stoned or abraded.
.
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  #137  
Old 09.05.2010, 11:41
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Re: Financially Skint Greece

So I posted before that the bailout of GR is about the banks not the people.
I found this very interesting graph, enjoy!
It also explains why some people think that there is more trouble ahead.
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financially-skint-greece-piigs.jpg  
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  #138  
Old 10.05.2010, 00:27
transition
 
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Re: Financially Skint Greece

What's harrowing for me is the spread of violence in Greece which is a direct result of its economic problems. Does anyone think that if the economic crisis spreads because of the situation there, then violence will also spread across into some EU countries?
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  #139  
Old 10.05.2010, 00:37
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Re: Financially Skint Greece

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What's harrowing for me is the spread of violence in Greece which is a direct result of its economic problems. Does anyone think that if the economic crisis spreads because of the situation there, then violence will also spread across into some EU countries?
Yes it will
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  #140  
Old 10.05.2010, 00:57
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Re: Financially Skint Greece

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What's harrowing for me is the spread of violence in Greece which is a direct result of its economic problems.
Don't worry too much - rioting is pretty much normal for Athens, along with low level terrorism and bad driving.

It's just that usually nobody pays any attention.

Now that everybody's looking at Greece, however, the whole world gets to see what Athenians have been seeing for years.

Anyone fancy coming to a party in Exarchia? Bring your own bottle...


Quote:
Does anyone think that if the economic crisis spreads because of the situation there, then violence will also spread across into some EU countries?
If the Tories get into government in the United Kingdom, there will almost certainly be civil disorder, because socialists are such poor losers.

I can't speak for the rest of Europe, but the French aren't known for turning down the opportunity for a bit of politically inspired mayhem, are they?

Fun times ahead, I reckon.
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