How about the Greek default

[3.14Participant 54]

Hello

What do you think about the Greek scenario of these days?

Who do you think is the beneficiar of these convulsions?

I will make a brief of what i can come up with the use of common sense (rather than hard facts)

China – The EU is a big trading partner for them . Crysis in the Eu and a weak euro does not seem good for them (they export lots of good in euro region for some time)

On the other hand Greece cana be a trojan horse for them. They can inject capital  and gain a bridgehead in the EU.

US – the dollar gains gound in front of euro. on the other hand United States of Europe seems like dream…and dream will remaing for now. Eu is now weaker compared to USA

Russia – a clear winner in many aspects. first they are under embargo but they do just fine for the moment (in the end they managed to deal with Leningrad and Stalingrad so russians are ok with hard life) compared to EU that seems to split easy at the first signs of hardships. Second they prove that EU is only functional when all is good and fine and everybody has profit. plus it is speculated that Tsipras is more or less some sort of trojan horse of Vladimir Putin in EU

All in all EU is weaker compared to China US and Russia . Also this Greek scenario casts a shadow upon those nice dreams of united europe and so on

[QcummerParticipant 652]

https://en.wikipedia.org/wiki/Prometheus_Rising

[Puffin StuffParticipant 24979]

Paying women to become single mothers who live off the dole is expensive, who’d a thunk it.

Coming to westernized c~~~ry near you.

Thanks Feminism.

#icethemout; Remember Thomas Ball. He died for your children.

[RoyDalParticipant]

3.14 wrote:

What do you think about the Greek scenario of these days?

It is a template for the fate of all Western Civilization. BTW, our ancestors have been through this cycle many times throughout history.

3.14 wrote:

Who do you think is the beneficiar of these convulsions?

Well, I don’t see any bankers with tears in their eyes. “We’re too big to fail!”

Society asks MGTOWs: Why are you not making more tax-slaves?

[Anonymous 5]

They’ve been expecting this failure for years, so it probably won’t have the type of cataclysmic impact we’d expect for such a large fail.

It’s the Shanghai exchange and the Chinese Housing market bubble we should be worried about.

[BeerParticipant 11832]

Puffin Stuff wrote:

Paying women to become single mothers who live off the dole is expensive, who’d a thunk it. Coming to westernized c~~~ry near you. Thanks Feminism.

I had someone tell me the other day “The problem with our government(US) is that they can’t ever do anything right because they don’t tax us enough so they don’t have the resources.”  I just said “Oh” and didn’t even try to debate him…I don’t know how you could talk any sense into someone that stupid.  The biggest financial land mine our government is facing is social security, and that has always been fully funded…its just the politicians managed to waste the money when they had a surplus and pay out billions every year in erroneous payments…I wonder how that guy could explain that one…we wouldn’t have to worry about them being a bunch of wasteful failures if we just gave them so much money it didn’t matter?

With millions of idiots like that allowed to vote I won’t be surprised when America is looking like Greece 10 years from now.

[sidecarParticipant 35842]

There’s no great conspiracy here. Greece simply ran out of other people’s money to spend. And yet insists on being able to keep spending. Nobody forced them to do this. Nobody tricked them into it. They did it entirely to themselves. Sure there are now those who are taking advantage of the situation, but people will try to take advantage of every situation. What else do you expect?

The last time I was in Greece a woman there was complaining about austerity: “The EU wants to make us all slaves. They want to force us to raise our retirement age to 60 for a full pension. What’s next, 65? Where is the justice in that”

I have no sympathy for them any more.

Also shouldn’t this thread be in the political forum?

[HuevonParticipant 68]

Greece is bancrupt just like the USA and many others.

But US media, and US rating agencies throw s~~~ at Greece as much as they can, just to distract from their own problems. So they are the ones who benefit. When the Euro falls, the Dollar looks more stable. But it’s just as crappy as all paper currencies.

[bigboy83Participant 11312]

One to look out for is Spain, if it goes down all the dominoes will fall. It’s a 2 or 3 trillion dollar economy or at least it was.

Greece got burn, what they did is throw all the European debt in Greece and told them they had to pay. Bankers screwed them.

Shit Tested, Cunt Approved.

[Oaken1Participant 67]

Huevon wrote:

Greece is bancrupt just like the USA and many others. But US media, and US rating agencies throw s~~~ at Greece as much as they can, just to distract from their own problems. So they are the ones who benefit. When the Euro falls, the Dollar looks more stable. But it’s just as crappy as all paper currencies.

 

while I have no link to post to back up my position…I did read an article a few years back predicting this fall,…..due to American wall street types manipulating stacks of millions on the greek exchange….the take was that all the greek money was heading to new York and the nation of Greece would be bankrupt…I thought it was a bit silly at the time,…but here they are………..

[sidecarParticipant 35842]

Oaken1 wrote:

the take was that all the greek money was heading to new York and the nation of Greece would be bankrupt…

Well what did you expect? That’s what happens when you live on credit instead of the fruits of your own labor. You have to pay the money back. With interest.

Or were you expecting people to loan give Greece all that money for free?

Greece brought this down upon itself. A foolish country and its money are soon parted.

[felixParticipant 406]

The Greeks managed to shoot themselves in both feet!  They made evading taxes a national pastime while collecting all the government bennies they could get their hands on. 🙂

more throttle ..... less brakes.....

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