Cyprus-Forum.com

[supporttheunderdog]

When the Greeks discovered Britain tvhe local savages had many tattoos covering their bodies. Pytheas named them Britons because of this.

Greeks discover Britain....?

Pytheas was a fucking tourist.


Tin had been traded for hundreds of years,...

All Pytheus did was follow a well established trade route.

The Amesbury Archer had made the journey from Mainland Europe, probably the Alps to Stone Henge, probably 700 years before, and Stonehenge was already old, even then.

Places like the neolithic Orkney sites and Stonehenge were built by an organised society, in Stonehenge's case ultimately to a plan, possibly based around the winter solstice sunset, possibly for cult/funeral rites purposes. The Ness of Brodgar contains the largest stone buildings if its type and time, in Nothern Europe.

[supporttheunderdog]

And the latest in the local press on the Greek Mess


http://cyprus-mail.com/2017/02/08/investors-fear-accident-greek-debt-repayment-nears/

One Really has to wonder how , if the Greeks are so great as "g"IG likes to portray them, they ended up in such a state...

[supporttheunderdog]

Discussion in Greek Press, which just goes to show the issue is very much alive.

http://www.kathimerini.gr/895333/article/epikairothta/politikh/anoikth-syzhthsh-gia-to-grexit-apo-lae
A political group seemingly advocating for departure from the Euro
http://www.sofokleousin.gr/archives/333664.html
http://www.newsit.gr/oikonomia/Soimple-Koyrema-xreoys-mono-me-Grexit/698564
No debt haircut -
http://greece.greekreporter.com/2017/02/08/candidate-for-u-s-ambassador-to-eu-greece-will-choose-to-leave-the-euro-zone/
He gives it 18 months or so.

[supporttheunderdog]

And some (partly) good news for Greece:
http://cyprus-mail.com/2017/02/20/greece-needs-far-less-money-agreed-3rd-bailout-esm-head/

At least one commentator suggests that

international lenders will decide again to “kick the can down the road,”

http://greece.greekreporter.com/2017/02/15/calamos-ceo-john-koudounis-grexit-a-real-threat-but-it-wont-happen/#sthash.8QSZuPgZ.dpuf

Plus today:

http://www.kathimerini.gr/896973/opinion/epikairothta/politikh/to-grexit-paramenei-katastrofiko-gia-thn-ellada

The government reopened the euro debate or drachma. The real question is not "euro or return to the drachma," but "euro or Grexit». And a Grexit new drachma is not an option, it is a disaster.

as ...

The consequences of Grexit would be devastating for Greece in the short and long term. The lack of competitiveness of the country will lead quickly to deep devaluation of the new drachma against the euro and the purchasing power of workers and pensioners will shrink dramatically. The public and private debt in euro will be much larger in new drachmas and much more unbearable. Deposits will be mandatorily converted into new drachmas, with impairment at least of half. The turmoil in the banking system will also result in the bankruptcy of many businesses and worsening unemployment. In the short term, any advantages of an independent monetary policy will evaporate under the weight of economic and political instability. Shortages of basic goods such as medicines and fuel is very likely. The government, unable to balance revenue and expenditure, will print money with inflation and will further resort to populist policies, eliminating both the competitiveness gains from the weak currency and any hopes for foreign investment.

Others have previously stated that leaving the Euro would be good for Greece, but as it says here, likely not. As I said before, the Only reason I have to wish for Grexit is to piss-off "g"IG - and I would far prefer forgo that minor personal pleasure in favour of a stronger Greece.

[Robin Hood]

Just to balance the argument ........Michael Hudson is a well know economist that advises many governments on their economic policies ..... he thinks Greece would be better out of the Euro and explains why. Interesting to note that out of the last payment from the IMF, none of it went to Greece it all went to French and German Banks ..... so they went even deeper into debt. It's a rip off!

Michael Hudson: Finance Really is a Mode of Warfare - Video and Transcript

The latest economic indicator showed that the Greek economy shrank by 0.4% in the last three months of 2016. This poses a real problem for Greece, because its lenders are expecting it to grow by 3.5% annually, to enable it to pay back on its bailout loan. Greece is scheduled to make a 10.5 billion euro payment on its debt next summer, but is expected to be unable to make that payment, without another installment from its $86 billion bailout.

A growing impasse between the International Monetary Fund, and the European Central Bank, Greece’s two main lenders, is threatening to push Greece into default, and pull out of the euro. Meanwhile, the Greece government told its lenders, that we now call “Troika” today, that it will not agree to any more austerity measures. Here’s what the government spokesperson told the press on Thursday.

http://www.informationclearinghouse.info/46494.htm

[Londonrake]

I've been convinced that Greece would be far better off eventually if they left the Euro for a long time.

They are currently in a state of permanent debt purgatory. A situation which they will never be able to escape (debt 180+ of GDP - that now a third of what it was in 2008).

The reason they are kept alive has nothing to do with saving Greece and everything to do with saving the Euro.

A possible way out would be for the US to help ease their escape. Trump is certainly no friend of the EU.

[yialousa1971]

When the Greeks discovered Britain the local savages had many tattoos covering their bodies. Pytheas named them Britons because of this.

So this proves StupidUnderDog is an ancient Briton.

[supporttheunderdog]

When the Greeks discovered Britain the local savages had many tattoos covering their bodies. Pytheas named them Britons because of this.

So this proves StupidUnderDog is an ancient Briton.

Your usual non-intelligent contribution to debate, I see.

Can you point me at the exact quote from Pytheas' work? In fact it is likely he did not name them but was told the name by the people themselves or their near neighbors.

In fact there is some evidence that before Pytheas's trip the place was known as Albion, and the reference to that may go back to Himilco, a Carthaginian, who explored the Atlantic Coast of Europe, 300 years before Pytheas. Herodtus likewise wrote about the area some years before Pytheas. The Amesbury Archer was likely an earlier visitor, as much as 2300 years before Pytheas.

As I said, Pytheas was travelling a well trod route: he did not discover Britain: as for savages - he described them as a peaceful peoples - It is just your racism and that of "g"IG that wishes them to be so.

[supporttheunderdog]

An article from the Greek Press

http://www.ekathimerini.com/216379/article/ekathimerini/news/greece-says-germany-must-drop-demand-for-high-budget-surplus

I personally agree that setting excessive targets for primary surplus serves no useful purpose for any one, let alone the ordinary Greek people.

That said, with or without Grexit, reforms are required to make Greece financially strong.

I think it is great pity that so much investment was poured in to Turkey and not Greece, by eg motor manufacturers.

[kurupetos]

When the Greeks discovered Britain tvhe local savages had many tattoos covering their bodies. Pytheas named them Britons because of this.

Greeks discover Britain....?

Pytheas was a fucking tourist.


Tin had been traded for hundreds of years,...

All Pytheus did was follow a well established trade route.

The Amesbury Archer had made the journey from Mainland Europe, probably the Alps to Stone Henge, probably 700 years before, and Stonehenge was already old, even then.

Places like the neolithic Orkney sites and Stonehenge were built by an organised society, in Stonehenge's case ultimately to a plan, possibly based around the winter solstice sunset, possibly for cult/funeral rites purposes. The Ness of Brodgar contains the largest stone buildings if its type and time, in Nothern Europe.

Christopher Columbus was a bloody tourist then...

Time to revise Encyclopædia Britannica, you stupid dog!