Announcement

Collapse
No announcement yet.

Greecians are fucking idiots.

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Originally posted by Belimawr View Post
    see I bet Germany would be happy with the Euro taking a hit, they rely heavily on export the lower the value of their currency the cheaper than can be in comparison to competitors. France would probably like it as more people would go channel hopping to get cheap booze, fags and other and the english would like it as it would put the £ back stronger so we could import from Europe cheaper.

    so really letting them fail and damaging the Euro actually helps the big 3 on a roundabout way, not a single country would admit this tho. but the Germans who rely heavy on export probably would like the Euro back on an even footing with the $.
    its pretty close isnt it at 1.09$ to 1euro?
    they have been getting closer to parity since start of the year.
    (my business is keeping an eye on it as we are trying to import some equipment from Russia)

    Comment


    • #17
      Originally posted by unclecid View Post

      its pretty close isnt it at 1.09$ to 1euro?
      they have been getting closer to parity since start of the year.
      (my business is keeping an eye on it as we are trying to import some equipment from Russia)
      What, yellow cake?

      Comment


      • #18
        Should find out which way it's going tonight.

        Though it's interesting that the ECB demanded more collateral for the debt that the Greek banks already owe. That's not the move of an organisation that is going to be doling out more money soon.....

        Comment


        • #19
          Originally posted by Dayve View Post

          What, yellow cake?
          LOL...no not uranium.
          i own/run a mobile laser tag business and we are looking to import ( to use and sell ) from a russian tagger manufacterer.

          Comment


          • #20
            must admit been a while since I looked but not that long ago it was about $1.70=£1=€1.15

            Comment


            • #21
              EU has agreed to another Greek bailout to stop them leaving the Euro/EU.

              What?

              Give someone 2 huge loans which they never pay back (because they literally can't)
              Have a bit of a moan that they never paid you back
              Lend them even more money?

              ...what?

              Comment


              • #22
                Mental isn't it. Greece just needs to be cut off.
                Last edited by Boa; 13-07-15, 12:29.

                Comment


                • #23
                  I don't understand why Greece doesn't save 25% of its public service and military bills by just employing only women.

                  Comment


                  • #24
                    or they should have just trademarked grease then they would get royalties for every bacon sarnie sold.

                    Comment


                    • #25
                      Well it seems they've agreed a bailout, but haven't handed it over yet. As such the banks remain close and Grecians are still fucked.

                      There are some pretty stringent clauses attached to any further bailout, many of which are in indirect opposition to not only the main political parties, but also the referendum that 60%-odd of the populace voted for. 3 of the proposals were things Their PM pledged never to do.

                      Ironically, the original bailout they rejected out of hand was less stringent than the one they've been given now.

                      From the murmurings on the ground it seems half of the countries in the EU want Greece gone. The other half seem to want to make an example of Greece, and to be honest, I don't blame them.

                      So then, Greece has until weds to put into LAW he demands by the EU, or face an Euro exit.

                      Either way Greece is fucked. If only there was a lesson there somewhere....

                      Comment


                      • #26
                        What is the reasoning behind why they bailed them out a 3rd time..? is it because if Greece leaves the EU then other countries will fold such as Portugal..? and in the long run the EU will collapse.

                        Comment


                        • #27
                          Originally posted by Boa View Post
                          What is the reasoning behind why they bailed them out a 3rd time..? is it because if Greece leaves the EU then other countries will fold such as Portugal..? and in the long run the EU will collapse.

                          basically ze germans like the euro being weaker so want to keep weak countries in to keep the currency down, but they are also forcing Greece to put in place laws that they don't want to to ensure money comes back, basically the deal they have now is worse than the deal they could have took weeks ago as they have basically gave ze germans control.

                          Comment


                          • #28
                            It's puzzling, there's a degree of kicking the can down the road with Europe. Even the new deal, IF the Greeks agree to the terms, it doesn't fix the problem, merely postpones it.

                            The issue Greece has is that they don't WANT to get out of their issues. They just want a magic wand to fix it all. As such they're fucked.

                            Personally they have to go. They're dragging the Eurozone down. I think Portugal is probably going to be ok, they've been investing heavily in infrastructure and industry. Sure they're a bit slow (economically) now, but a revamped industrial base and the tourism should give them a foothold.

                            Spain however.... Is another issue.

                            Comment


                            • #29
                              but the thing is once the germans are in charge and have the ability to make demands they have chance to be a lot meaner than the IMF and the likes.

                              germany is a country that relies on export so they need a weak currency to be competitive, but then how much money will they eventually make by riding greece? it's not as if the germans have ever been shy about pressuring other countries, to be fair it will probably be greece who gets the raw end of the deal as under the thumb of the germans who want to come off as a powerhouse is a bad place to be.

                              Comment


                              • #30
                                If I remember rightly, Italy isn't in much better shape. Effectively you have three of the most powerful countries in the world (Britain, France and Germany) subsidising the economies of a bunch of second stringers (Italy, Spain, Ireland, Portugal, Greece) who basically thought that by being in the Euro it would enable them to have the lifestyle of the big boys.
                                They were wrong.
                                Now Ireland and Portugal, as I understand it, have gone some way to restructuring their economies and realise the dangers of putting all their eggs in one basket. Spain and Italy seem to be hoping no-one notices them whilst Greece goes down the toilet. The Greeks seem to be blaming everyone but themselves for their problems.
                                Its all well and good saying "oooh those nasty Germans taking advantage of the Greeks" but its exactly the same thing the British did to Ireland (Ireland was on the verge of going bankrupt, couldn't pay its debts and couldn't borrow more, Britain borrowed money, at 3%, loaned it to Ireland at 7% and bobs your transgendered Aunt. The difference between Ireland and Greece, the Irish didn't just think "hey, crisis averted, back to the pub).
                                Nation states act to further the interests of their own people, not the people of other nation states.
                                They always have.

                                Comment

                                Working...
                                X