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Greece ??

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Postby Paphitis » Wed Feb 10, 2010 1:58 pm

Oracle wrote:If the Brits had any brains they too would have bothered to voice their objection to the capitalists systems which have been eroding our humanity for years.

Strength to the Greeks for they might show the rest of us the way out of this mess, once more.


The only thing Greece will be showing us, is the way NOT to be conducting business and running a country!

Greece is just a good example of what NOT to do!

Furthermore, capitalism is the only viable economic driver and that has been proven throughout history.

If you want to be a "communist", then you should live by its doctrines and lead the way.
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Postby cyprusgrump » Wed Feb 10, 2010 2:10 pm

Nigel Farage on the €uro

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Postby Paphitis » Wed Feb 10, 2010 2:16 pm

cyprusgrump wrote:Nigel Farage on the €uro



Great speech!

Poor Greece! Tax evasion and extreme Euro nationalism bringing the country to a stand still! :(

Why not just devalue the Euro slightly?
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Postby cyprusgrump » Wed Feb 10, 2010 2:33 pm

Paphitis wrote:
cyprusgrump wrote:Nigel Farage on the €uro



Great speech!

Poor Greece! Tax evasion and extreme Euro nationalism bringing the country to a stand still! :(

Why not just devalue the Euro slightly?


I like Nigel...

I met him in the Westminster Arms last year and had a pint with him... very sensible bloke.

I'd imagine the reason you can't devalue the €uro is that there are so many countries that use it with wildly different economies and interest rates...?
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Postby Oracle » Wed Feb 10, 2010 2:34 pm

Yes it's tough for countries like Greece which do not hold onto other peoples' lands, like Australia, UK, Turkey, USA etc, for personal profiteering and easy survival!

Yes it's tough for countries like Greece who have to spend so much of their budget protecting the borders of Europe against the hungry expansionist Turks!

Yes the EU owes Greece big time for stopping an ever-ready Turkey intent on forcing its way into the free and democratic Occident ... The French appreciate it, the Germans appreciate it ... so, why don't they pay their debts and send their forces to ease the burden against the real enemy to Greece's economy and well-being ... ANKARA!
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Postby vaughanwilliams » Wed Feb 10, 2010 2:37 pm

cyprusgrump wrote:
Paphitis wrote:
cyprusgrump wrote:Nigel Farage on the €uro



Great speech!

Poor Greece! Tax evasion and extreme Euro nationalism bringing the country to a stand still! :(

Why not just devalue the Euro slightly?


I like Nigel...

I met him in the Westminster Arms last year and had a pint with him... very sensible bloke.

I'd imagine the reason you can't devalue the €uro is that there are so many countries that use it with wildly different economies and interest rates...?


No, no. I am assured by cleverer folks than me (?) on this forum that Cyprus has its OWN currency and its OWN Euro so it can do what it wants, in which case so must Greece, right? :wink:
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Postby cyprusgrump » Wed Feb 10, 2010 2:39 pm

vaughanwilliams wrote:
cyprusgrump wrote:
Paphitis wrote:
cyprusgrump wrote:Nigel Farage on the €uro



Great speech!

Poor Greece! Tax evasion and extreme Euro nationalism bringing the country to a stand still! :(

Why not just devalue the Euro slightly?


I like Nigel...

I met him in the Westminster Arms last year and had a pint with him... very sensible bloke.

I'd imagine the reason you can't devalue the €uro is that there are so many countries that use it with wildly different economies and interest rates...?


No, no. I am assured by cleverer folks than me (?) on this forum that Cyprus has its OWN currency and its OWN Euro so it can do what it wants, in which case so must Greece, right? :wink:


Touché
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Postby Paphitis » Wed Feb 10, 2010 2:45 pm

Oracle wrote:Yes it's tough for countries like Greece which do not hold onto other peoples' lands, like Australia, UK, Turkey, USA etc, for personal profiteering and easy survival!


I don't hold onto any one's land and am as Aboriginal as they come!

Oracle wrote:Yes it's tough for countries like Greece who have to spend so much of their budget protecting the borders of Europe against the hungry expansionist Turks!


Yes it's tough for a country like Australia that needs to provide world class infrastructure and services over an entire continent as big as Europe and with a population of only 22 million!

Yes it's tough for a country like Australia that needs to spend so much on defence to protect it's borders from unwanted illegals and terrorism!

Yes, it's just too tough for a country like Australia....

You sound like a spoil sport, full of so many excuses!

Oracle wrote:Yes the EU owes Greece big time for stopping an ever-ready Turkey intent on forcing its way into the free and democratic Occident ... The French appreciate it, the Germans appreciate it ... so, why don't they pay their debts and send their forces to ease the burden against the real enemy to Greece's economy and well-being ... ANKARA!


But the EU don't appreciate Greece's stupidity and incompetence and won't even devalue the Euro so that Greece can dig itself out of it's own mess!

They respond by taking control of the country....

Poor bloody Greece! Still, they probably know "Greeks" are incompetent cellar dwellers! :lol:
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Postby Paphitis » Wed Feb 10, 2010 3:14 pm

cyprusgrump wrote:
Paphitis wrote:
cyprusgrump wrote:Nigel Farage on the €uro



Great speech!

Poor Greece! Tax evasion and extreme Euro nationalism bringing the country to a stand still! :(

Why not just devalue the Euro slightly?


I like Nigel...

I met him in the Westminster Arms last year and had a pint with him... very sensible bloke.

I'd imagine the reason you can't devalue the €uro is that there are so many countries that use it with wildly different economies and interest rates...?


Yeh, no worries mate!

I guess Greece can't expect other EU countries to make such a sacrifice just because Greece can't get its act together.


I guess Greece's PASOK policy measures will have to suffice!
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Postby dinos » Wed Feb 10, 2010 5:26 pm

The whole Greece thing really isn't that big a deal. They aren't even on the "STUPID" list (Spain, Turkey, UK, Portugal, Italy, Dubai). Apparently Barclays is no longer allowing use of the PIIGS acronym. :lol:

Contrast Greece (the world's 34th largest economy) with that of California - which if split apart, would be the world's 8th largest and has a 22% deficit. 43 of 50 states here are under water.

Greece's economic issues in the long term are little more than a red herring. Devaluing the Euro for this would be extremely unjustified given the aftermath of such a decision across the continent.
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