
I mean seriously, when did Greece ever balance her books and they’re all pretending to have been caught by surprise!

Kikapu wrote:Jerry wrote:Spot on Kiks, but not just in Greece. You wait until after the UK elections - the shit will really hit the fan. Brits, in particular the young have been given too much easy credit. We belong to the "must have" society. The UK manufacturing industry produces about 10% of our wealth, so instead of making the things we consume we import them. We have one the most highly developed retail industies in the world so we are persuaded to buy imported consumer goods that we don't really need on credit that we can't really afford. The Brits have even, lemming like, bought holiday homes abroad on tick because they have "equity" in their UK homes. The UK economy has been fraudulently propped up for the last year pending tomorrows election. Converting the building societies into banks that kept much lower reserves and the subsequent "gambling" with toxic debt was the trigger but the fundamental weakness in the UK economy would has been exposed sooner or later - too many shops not enough industry.
Jerry, Paphitis and Georgios,
It's Greece today, just because they couldn't hide the problem any longer. They are lucky to be in the EURO to bail them out. Who is going to bail out other EU members who are not in the EURO. The IMF, I guess, with much higher interest rate and more conditions. Greek people are going to pay the price no matter whos fault it was, because all Greek people were in on the take in one form or another when the times were good. Same world over, specially in Democratic countries. Everyone is happy when the country is doing well, so, everyone will also need to pay the price when the country is not doing so well. I wish all these problems came much sooner when we all knew that the housing bubble was getting bigger and bigger, at least 5 years before it burst. The pain would have been far less had it been 5 years earlier than when it actually did. But not as bad as what it could have been had the housing bubble burst 5 years from now. I really hate to think what would have happened. So, I'm not just pointing out just the problems in Greece, but the overall problem around the world and as Jerry pointed out, "Great" Britain is on the financial ropes as we speak. One good right hook and a left undercut, and the good ol' Union Jack will be knocked to the ground.!
Get Real! wrote:To quell the violence, why hasn’t the new Greek government arrested the Karamanlis government and their associates?
What are they waiting for Christmas?
Is the public to blame for years of corruption and mismanagement of Greece’s finances?
Get Real! wrote:To quell the violence, why hasn’t the new Greek government arrested the Karamanlis government and their associates?
What are they waiting for Christmas?
Is the public to blame for years of corruption and mismanagement of Greece’s finances?
karma wrote:Get Real! wrote:To quell the violence, why hasn’t the new Greek government arrested the Karamanlis government and their associates?
What are they waiting for Christmas?
Is the public to blame for years of corruption and mismanagement of Greece’s finances?
Bcoz the only person who shld be arrested is ANDREAS PAPANDREOU.. but he is dead !! ...wht Greece is facing today is the result of his fake ''popular socialist'' politics since 90ies..
Thts why George feels so guilty and responsible for his father's falsifications !!
georgios100 wrote:karma wrote:Get Real! wrote:To quell the violence, why hasn’t the new Greek government arrested the Karamanlis government and their associates?
What are they waiting for Christmas?
Is the public to blame for years of corruption and mismanagement of Greece’s finances?
Bcoz the only person who shld be arrested is ANDREAS PAPANDREOU.. but he is dead !! ...wht Greece is facing today is the result of his fake ''popular socialist'' politics since 90ies..
Thts why George feels so guilty and responsible for his father's falsifications !!
All Greek politicians are to blame... Andreas Papandreou too, he spent much of the Greek budget on women... George never liked his new "mom"...
karma wrote:Get Real! wrote:To quell the violence, why hasn’t the new Greek government arrested the Karamanlis government and their associates?
What are they waiting for Christmas?
Is the public to blame for years of corruption and mismanagement of Greece’s finances?
Bcoz the only person who shld be arrested is ANDREAS PAPANDREOU.. but he is dead !! ...wht Greece is facing today is the result of his fake ''popular socialist'' politics since 90ies..
Thts why George feels so guilty and responsible for his father's falsifications !!
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