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since tricky dick managed to find a way to get us out of that democratic party led dirty little war in se asia, and concurrently found a way to help organize an expansion of the Chinese production machine, things have gone pretty good overall. wouldn't you say?

he did get us off the gold standard, and that hasn't been too bad either, overall. a lot of great, middle class housing has been built in the suburbs and exurbs in the last 40 years or so, with a few hiccups along the way.

it's been a deal made in heaven or some variety thereof. every young person I see has a hi-tech phone stuck in their ear, or there abouts.

what to do next? I have no clue. but there's nothing unusual about that.



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Originally Posted by Gus
I have no clue. but there's nothing unusual about that.
grin

Last edited by antelope_sniper; 07/05/15.

You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

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Greece is just the first domino. Portugal, Ireland, Italy, and Spain are also in trouble due to their association with the International Loan Sharks.

All of them will eventually have a day of reckoning.

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Originally Posted by Bristoe
Greece is just the first domino. Portugal, Ireland, Italy, and Spain are also in trouble due to their association with the International Loan Sharks.

All of them will eventually have a day of reckoning.


Per usual, you are just wrong. Or in this case, 5 years out of date.


You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

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Originally Posted by antelope_sniper
Originally Posted by Gus
I have no clue. but there's nothing unusual about that.
grin


kicking the can further down the road is a tried & true method for a ton of world-class actors.

it's worked so far, why can't it continue to work? I mean, why would anyone think the end was in sight?

Greece will continue to bring in tourist dollars. and the euro people will want Greece to remain a piece or part of the group.

the number of failed States will continue to increase. at some point it'll make good sense to absorb them into one or more non-failed states. it's a dynamic process. let the game play itself out.


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Originally Posted by antelope_sniper
First official projection says at least 61% of Greeks voted ‘no’ in referendum

ATHENS—A first official projection of Greece’s referendum outcome, based on early counting, said that at least 61% of Greeks voted “no” to creditors’ demands on Sunday, an outcome that—if confirmed—would set the country on a collision course with the rest of the eurozone.

The projection, announced by the company Singular Logic, the official partner of Greece’s interior ministry in carrying out the referendum, was announced after some 20% of the vote had been counted.

“The estimate from Singular Logic is that the result in favor of ‘no’ will exceed 61%,” a spokesman for the organizing company said.

The official projection, if confirmed when all votes are counted, points to a heavier-than-expected victory for the “no” campaign against the austerity policies demanded by Greece’s creditors: the rest of the eurozone and the International Monetary Fund.

Four opinion polls conducted during Sunday by private broadcasters had pointed to a narrow majority for the “no” camp.

The projected outcome would strengthen the domestic standing of Greek Prime Minister Alexis Tsipras, who campaigned vehemently for Greeks to reject lenders’ terms for further bailout funding.

But Tsipras might soon find it difficult to deliver on his promise to secure a more lenient bailout deal from Europe, where other governments, led by Germany, are in no mood to offer Greece more generous terms.

Greece faces a race to secure financing before a major bond held by the European Central Bank falls due on July 20. Default could precipitate an escalation of Greece’s already severe financial and economic paralysis.

http://www.marketwatch.com/story/fi...greeks-voted-no-in-referendum-2015-07-05


So it is true, liberals will watch it burn to the ground before accepting water from conservatives.







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Originally Posted by antelope_sniper
Originally Posted by luv2safari
They have a long standing communist segment, even greater than Italy, who might follow Greece, along with Portugal, and maybe Spain.


I doubt the rest will follow. Their balance sheets are significantly better then they were 5 years ago.


The others are in better shape than they were 5 years ago, Greece, might be in worse shape.

They will be toast outside of the EU and outside of the € !!

Economics are tricky, best to go slowly in the right direction, because a) you might over-correct and b) you might not be going on the right direction so slow is your friend!

Sycamore


Originally Posted by jorgeI
...Actually Sycamore, you are sort of right....
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Originally Posted by Pete E
Good for the Greek people! Of course now they may have to face the consequences of their decision and I would love this to be a nail in the coffin of the Euro...


Absolutely!

The Greek people were sold a bill of goods by their guv. and its bankster con men(Goldman Sachs anyone?).

Yes, the Greek people were fools to vote them into office but look at what we've done here. $18 plus trillion in debt and we're being critical of Athens? Give me a break!

Greece canning the euro and going their own way is the best chance they have if they want to have any shot at all of keeping their sovereignty( Iceland anyone?). Hopefully more countries will pull out too, and this central bank monster called the euro will disappear into the ash heap of history.

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Originally Posted by Sycamore
Originally Posted by antelope_sniper
Originally Posted by luv2safari
They have a long standing communist segment, even greater than Italy, who might follow Greece, along with Portugal, and maybe Spain.


I doubt the rest will follow. Their balance sheets are significantly better then they were 5 years ago.


The others are in better shape than they were 5 years ago, Greece, might be in worse shape.

They will be toast outside of the EU and outside of the € !!

Economics are tricky, best to go slowly in the right direction, because a) you might over-correct and b) you might not be going on the right direction so slow is your friend!

Sycamore


Yep.

Greece's largest "export" is tourism. A hyper-inflating local currency will not help their tourism industry.


You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

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Originally Posted by Mannlicher
can these folks really be this stupid?


Liberals. Socialists. 'Nuff said.

Sadly if our country were to undergone the same vote today, 61% would have reflected the socialist party values here too.


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Originally Posted by Sycamore

They will be toast outside of the EU and outside of the € !!



As opposed to staying in and being someone else's strudel

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Originally Posted by Sycamore
The others are in better shape than they were 5 years ago,


They all (except for Italy, They had too much debt) took bailouts from the International Loan Sharks.

Once you take the loan shark's poison pill, the future is set.

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Originally Posted by Bristoe
Greece is just the first domino. Portugal, Ireland, Italy, and Spain are also in trouble due to their association with the International Loan Sharks.

All of them will eventually have a day of reckoning.



Great Britain not doing so hot themselves....Oh well another Socialist experiment gone awry. Who would have thought

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Originally Posted by RobJordan
Looks as if they want their cake and to eat it too.


" . . . eat their cake and have it too."


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Let's see where hubris takes the Greeks.


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The EU and the IMF should not have kept pouring money in to Greece for as long as they have..Greece has been on the financial life support machine far to too long, and somebody needs to switch it off..

As others have pointed out, the majority of Greeks are essentially Socialists, and I am absolutely fine with that as long as I, however indirectly, don't have continue to pay taxes to keep them in that life style..

I therefore hope this vote is the Greek public in effect pulling the plug themselves..

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Originally Posted by Pete E
The EU and the IMF should not have kept pouring money in to Greece for as long as they have..Greece has been on the financial life support machine far to too long, and somebody needs to switch it off..

As others have pointed out, the majority of Greeks are essentially Socialists, and I am absolutely fine with that as long as I, however indirectly, don't have continue to pay taxes to keep them in that life style..

I therefore hope this vote is the Greek public in effect pulling the plug themselves..


What's your opinion on this? (I probably know in a basic fashion, but I'd like to hear what you have to say on the matter)

http://www.independent.co.uk/news/u...t-for-extra-funding-from-eu-9816315.html


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Factor in the dollar may take a tumble and no longer be the reserve currency say in 5 or 10 years unless we get a handle on our debt. I see the world in shambles for my grand kids thanks to socialists and liberals. Maybe then there will be an open season on them. Too late for me but maybe the grand kids can find it useful.
kwg


For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Originally Posted by Bristoe
Originally Posted by Pete E
The EU and the IMF should not have kept pouring money in to Greece for as long as they have..Greece has been on the financial life support machine far to too long, and somebody needs to switch it off..

As others have pointed out, the majority of Greeks are essentially Socialists, and I am absolutely fine with that as long as I, however indirectly, don't have continue to pay taxes to keep them in that life style..

I therefore hope this vote is the Greek public in effect pulling the plug themselves..


What's your opinion on this? (I probably know in a basic fashion, but I'd like to hear what you have to say on the matter)

http://www.independent.co.uk/news/u...t-for-extra-funding-from-eu-9816315.html



What do you expect me to say? its essentially an additional tax levied if your economy does well?

As I recall, there was a lot of hot air blown by our PM and the EU, some negotiations, leading to lets call it a restructuring of the bill..

The net result was Cameron could sort of say he greatly reduced the amount the UK was required to pay, but in reality, the EU more or less got what it wanted, but the payments were packaged differently..

The back story is that the UK's continued membership of the EU is a for divisive subject for the Tories, and could easily result in a civil war within the party..

Cameron therefore is stuck between a rock and a hard place and has to be essentially even more politically two faced than usual..

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as several folks have pointed out down through the years,
Socialism works until you run out of other people's money. Greece is out of money, and no, socialism did not work for them either.
Just wanting to keep the gravy train rolling, won't make it happed for the Greek people.


Sam......

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