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The Greeks done it again

Not easy at all, high risk to block all foreign market and finish the liquidity.
 
Hedgehog said:
....to me It looks like Greece are up the creek without a paddle.
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Pretty much. The vote confirmed and solidified the middle finger to the bankers and other countries trying to impose their will on domestic Greek policy. It gave the Greek Govt the mandate to keep on it's current track. I think the ball is back in the EU's court and what they do next is what matters. The only real option now is probably to kick Greece out of the Euro, however that sets a nasty precedence for other countries also with some not so crash hot balance sheets - and therefore the fate of the Euro. Plus if Greece does drop out it will likely lead to a bit of a bump in the value of the Euro, as the weight of the Greek problem is removed from the currency, which wouldn't be good for countries like Germany and their export market.
 
You know no body likes paying Taxes, the fact is we have to so we can support the country we live in, I might have got it wrong, the stories I have heard say that the Greeks retire far to early ? they haven't been paying there Taxes like they should, in which case they have only them selves to blame for going down the plug hole......now if there are any knowledgeable people in our group that no other wise please feel free to say so ???????????
 
If we had a poor administration in our countries and the opportunity of using this fact for not paying our taxes, how many individuals would raise their hand and say " I want to pay my taxes ! " . I can tell you in France trying to pay the least possible taxes is a national sport, and tax advisors (usually former employees of the tax administration) have a good business.

Even with our strong and supposedly well organized tax administrations, look how much VAT fraud there is in Europe, and how much money goes to Switzerland, Singapore, Caiman Islands and other places ?

So let's not throw stones at the greek people. Their former governments are responsible for not organizing the tax administration and tax recovery , for letting the orthodox church (the largest land owner in the country) and shipping tycoons get away with not paying any taxes
 
I don't quite understand your reasoning. Because the French people make it a national sport to pay as little taxes as is legally possible, we shouldn't throw stones at Greece?

But I do think also that there is no point in throwing stones at Greece. They're certainly not the sole reason for this crisis. Sure they lived for decades on to big a foot and lied about their budget deficit. But for political reasons this was condoned by the Eurozone countries, and they still could be part of the eurozone because it had to be as big as possible. So the Eurozone bears a responsability as well.
Question how far does that responsability go? What would happen if the other Eurozone countries would let "democracy" speak as well by organising referenda. I doubt if any country would vote in favour of further support of Greece.
 
Bert Blitzkrieg said:
I don't quite understand your reasoning. Because the French people make it a national sport to pay as little taxes as is legally possible, we shouldn't throw stones at Greece?

But I do think also that there is no point in throwing stones at Greece. They're certainly not the sole reason for this crisis. Sure they lived for decades on to big a foot and lied about their budget deficit. But for political reasons this was condoned by the Eurozone countries, and they still could be part of the eurozone because it had to be as big as possible. So the Eurozone bears a responsability as well.
Question how far does that responsability go? What would happen if the other Eurozone countries would let "democracy" speak as well by organising referenda. I doubt if any country would vote in favour of further support of Greece.
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(Quote ) I doubt if any country would vote in favour of further support of Greece. ( Unquote )

Well said Bert
 
2054172 said:
Well politics raises it's head again...lol Only an American could blame the Russians for Greece's problems.
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You know @2054172 it's this kind of crappy arrogant comment that gets people to private message @Bootie about your idiotic comments. I for one will always call you out in public if I feel necessary. And this time I feel necessary.

Only a Canadian could be so obtuse as to not understand that Putin is in the back ground being a puppet master.
 
Of course the situation in Greece is still very difficult. But after 6 years of strict austerity the Greek people said enough. With the banks closed,a multimillion campaign , a dark propaganda from the media and endless speeches from the Europeans officials all favour the yes, the Greeks have the dignity to say NO. We want to be part of Euro zone and we will to pay our debts but first we must live. After the austerity, in Greek households the income has decreased 45% we have 35% unemployed and 40% of the people live under the poverty line. And yes there are people they have tax evaded there are rich people they have their money in Switzerland and in Luxembourg and all the rich people was with the yes because the salaries would shrinker more. If its not possible to stay in Euro zone so be it, we will survive (oh at least i hope so) but ask yourself how many countries you know, with one week already closed Banks and capital control not shrinking into chaos
And i think some of you are misinformed and with all the stereotypes about Greece here some links not from Greek sites but for yours.
Sorry if something will sound offensive i didn't have the slightest intention it is from my poor English. Be well.
http://www.forbes.com/sites/niallmc...work-the-longest-hours-in-europe-infographic/
http://www.bbc.com/news/magazine-17155304

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

http://www.dw.com/en/greece-indicts-13-germans-over-siemens-bribery-scandal/a-18304651

http://jubileedebt.org.uk/news/imf-made-e2-5-billion-profit-greece-loans

https://en.wikipedia.org/wiki/Tax_rates_of_Europe
 
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ioannis3 said:
Of course the situation in Greece is still very difficult. But after 6 years of strict austerity the Greek people said enough. With the banks closed,a multimillion campaign , a dark propaganda from the media and endless speeches from the Europeans officials all favour the yes, the Greeks have the dignity to say NO. We want to be part of Euro zone and we will to pay our debts but first we must live. After the austerity, in Greek households the income has decreased 45% we have 35% unemployed and 40% of the people live under the poverty line. And yes there are people they have tax evaded there are rich people they have their money in Switzerland and in Luxembourg and all the rich people was with the yes because the salaries would shrinker more. If its not possible to stay in Euro zone so be it, we will survive (oh at least i hope so) but ask yourself how many countries you know, with one week already closed Banks and capital control not shrinking into chaos
And i think some of you are misinformed and with all the stereotypes about Greece here some links not from Greek sites but for yours.
Sorry if something will sound offensive i didn't have the slightest intention it is from my poor English. Be well.

http://www.bbc.com/news/magazine-17155304

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

http://www.dw.com/en/greece-indicts-13-germans-over-siemens-bribery-scandal/a-18304651

http://jubileedebt.org.uk/news/imf-made-e2-5-billion-profit-greece-loans

https://en.wikipedia.org/wiki/Tax_rates_of_Europe
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I hope it works out for you my Friend, and all the Greek people. Stay well and positive
 
Just watched a one hour document on the whole story of the entrance of Greece in EEC and Eurozone, with interviews of many political and economical leaders of the time, and for me it is now absolutely clear that Europe let Greece in although everyone knew that the figures of the greek official accounts were false (thanks to Goldman Sachs who is now receiving 400 Mo Euros per year from Greece for the money swap).

So in a word all european governments of that time are responsible for today's situation, not the greek people.

And it's the same today, everybody knows the greek debt will never be paid, but they act like if they didn't know it.
 
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Bert Blitzkrieg said:
I don't quite understand your reasoning. Because the French people make it a national sport to pay as little taxes as is legally possible, we shouldn't throw stones at Greece?
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Sorry, I only quoted France because it is where I happen to live, but I do not know a country where people would volunteerly pay taxes if noone asked them or if it was very easy to get away with it. Everybody pays taxes only because it is difficult to cheat and it's expensive if you get caught. :)

Edit : After watching some more docs and reading more info, I would be ready to bet Europe will find a way and keep paying, because the economic problem is nothing compared to strategic and geopolitical considerations. Europe just cannot afford to have chaos in a european country at the border with the middle east.
 
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DasTiger said:
You know @2054172 it's this kind of crappy arrogant comment that gets people to private message @Bootie about your idiotic comments.
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[ I don't care anymore what American's think about my comments]
I for one will always call you out in public if I feel necessary. And this time I feel necessary.
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This is what I like about you ...face to face... I would buy you a beer for that attitude.

Only a Canadian could be so obtuse as to not understand that Putin is in the back ground being a puppet master.
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OK my little friend down south, I believe Corsair31's post # 17 hits the nail on the head with who is responsible and as usual there seems to be no way to jail the crooks that set it situation up...like the Goldman Sachs boys and EU Bankers.

As for Putin, he could of played more of a role in this but he is wise enough to allow it to collapse without any interference. I am sure if asked he will pony up money to help the Greek people and this is what scares the EU and US...Seeing Greece is part of NATO etc. The west is totally capable of falling with out any help from Putin, we seem to be doing a good job of it so far.

Maybe you could enlighten us as to how he is pulling strings etc.?
 
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