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Thread: general strike & riots in greece

  1. #16

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    almost 12 hours non-stop rioting outside greek parliament today.
    there are still some thousands of people there at Syntagma square
    tomorrow morning there will be more mobilizations

  2. #17
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    Turns out that the euro was not a good idea, eh?

  3. #18

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    Quote Originally Posted by FMJ View Post
    Turns out that the euro was not a good idea, eh?
    What gives you that idea?

  4. #19
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    Quote Originally Posted by ikke View Post
    What gives you that idea?

    in a situation like this it would behoove the greeks to devalue their currency. but the fact that it is uniformly tied to most of the european union with the euro it is unable to do so.
    The earth is a very small stage in a vast cosmic arena. Think of the rivers of blood spilled by all those generals and emperors so that in glory and in triumph they could become the momentary masters of a fraction of a dot.

    People are too stupid to effectively conspire to do anything, but not too stupid to come up with conspiracy theories.

  5. #20
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    mannnn fuck Greece


  6. #21
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    Quote Originally Posted by ikke View Post
    What gives you that idea?



    Over the past decade, Greece took full advantage of a strong euro and rock-bottom interest rates to fuel a debt binge by the country’s consumers and its government. Now, if Greece can’t persuade investors to buy 53 billion euros of its government debt this year, it may have to seek a bailout from its European Union brethren or the International Monetary Fund — or, worse, to default.

    The stakes are high not just for Greece but for the entire euro zone, where efforts to forge a common economic identity are threatened by the financial crisis.


    From the 4th paragraph:

    http://www.nytimes.com/2010/02/07/bu.../07greece.html







    Other ish:

    The French bank's warning was echoed by Mats Persson, Director of the Open Europe think-tank, which campaigns for reforms in Brussels.
    He said: 'The eurozone is facing a fully-fledged crisis. The Greece episode has made it painfully clear how flawed the euro project was from the very beginning....



    ...Countries that are highly uncompetitive are normally able to slash interest rates and devalue their currencies to prop up their economies.
    But this is not possible within the euro, given its one-size-fits-all economic governance.

    The implication is that weak, peripheral eurozone members will have to suffer years of painful deflation and tumbling living standards, as well as draconian budget cuts, in order to adjust....






    http://www.dailymail.co.uk/news/arti...ro-crisis.html

  7. #22
    DuncanHine Monument Cakes CEITEDMOFO's Avatar
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    US IS WiNNING


  8. #23
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    Quote Originally Posted by Robbie Sinclair View Post
    mannnn fuck Greece

    do you think he owns a mirror? and proceeds to look at it, and says "im looking fly today son".
    The earth is a very small stage in a vast cosmic arena. Think of the rivers of blood spilled by all those generals and emperors so that in glory and in triumph they could become the momentary masters of a fraction of a dot.

    People are too stupid to effectively conspire to do anything, but not too stupid to come up with conspiracy theories.

  9. #24
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    absolutely



  10. #25

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    shit is real out there

  11. #26
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    Last edited by Sideshow Bob; 06-30-2011 at 11:06 PM.

  12. #27

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    Quote Originally Posted by FMJ View Post
    Over the past decade, Greece took full advantage of a strong euro and rock-bottom interest rates to fuel a debt binge by the country’s consumers and its government. Now, if Greece can’t persuade investors to buy 53 billion euros of its government debt this year, it may have to seek a bailout from its European Union brethren or the International Monetary Fund — or, worse, to default.

    The stakes are high not just for Greece but for the entire euro zone, where efforts to forge a common economic identity are threatened by the financial crisis.


    From the 4th paragraph:

    http://www.nytimes.com/2010/02/07/bu.../07greece.html






    Other ish:

    The French bank's warning was echoed by Mats Persson, Director of the Open Europe think-tank, which campaigns for reforms in Brussels.
    He said: 'The eurozone is facing a fully-fledged crisis. The Greece episode has made it painfully clear how flawed the euro project was from the very beginning....



    ...Countries that are highly uncompetitive are normally able to slash interest rates and devalue their currencies to prop up their economies.
    But this is not possible within the euro, given its one-size-fits-all economic governance.

    The implication is that weak, peripheral eurozone members will have to suffer years of painful deflation and tumbling living standards, as well as draconian budget cuts, in order to adjust....






    http://www.dailymail.co.uk/news/arti...ro-crisis.html
    Didn't California go broke last year as well?
    California is more important to the dollar than greece to the euro.

  13. #28

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    Quote Originally Posted by Robbie Sinclair View Post
    mannnn fuck Greece

    Wouldn't survive a day in greek riots.

  14. #29
    כהן גדול TheBoarzHeadBoy's Avatar
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    Quote Originally Posted by CEITEDMOFO View Post
    US IS WiNNING
    You realize our debt crisis is even worse proportionately let alone in size right? That we've got weeks until the country defaults on our debt because they spend too much on stupid shit no one wants and don't tax enough (or on the side or reason knock that shit off) to keep us afloat.

    We're about to have a world collapse that will dwarf the great depression unless Obama can get congress to raise taxes significantly and cut spending.

    Personally I'm hoping for a collapse followed by a civil war. Then I'll be on my fine way to New Zealand to ride this shit out and herd sheep until this shit blows over.
    HANKERING FOR SOME BEEF CURTAINS

  15. #30

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