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These 56 comments are related to the topic:
SYRIZA
SYRIZA
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Replies: 56
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The left wing winning party has formed a coalition with the right wing anti-immigration party. How does that work?
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Greek retail banks have been giving customers emigration loans to give it a crack in other EU states. In my day job I dealt with one who was degree educated and had taken a rental on the airport side of Newcastle with her 3 children. Provided she could get a job paying above the NI thresh-hold for 3 months ( currently 154/week ) then she can access the gamut of UK benefits, which being bright she would. The loan was for 10000 Euro repayable at around 6% and the funds had come from the Greek central bank, which in turn gets its funds from, you guessed already...
In a sense it's a programme which gives an advantage to the intelligent or credit-worthy, over people less so. A microcosm of many govt programmes ( London Housing Benefit, agricultural subsidies etc ) which advantage people who already have something I can't see this emigration loans programme keeping its credit line for much longer though. |
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We arent doing ok. What isnt the solution is electing a cretin whose policies if enacted could lead to total disaster.
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He says he is going to give free electricity to everyone in Greece,not a bad start.
 They owe 240 billion so perhaps its not a bad idea for them to say we wont pay. And the united states will lend them all the money they want if they allow the U.S.A.build a teeny weeny army base in their country,with room for expansion from time to time. |
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Whats the odds he wont actually be able to fulfill 5% of his promises and is history in 2 years.
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it will turn into little America in Europe.
And that is a big danger to Europe.so Europe will bow to the pressure and give them a deal.imo |
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Then all the other EU countries who owe billions will go down the same path as Greece, the best thing to happen would be to dissolve the EU over three years and allow them all to go back to there original currency,
oh wait.!!!, But then the gravy train would dry up for all the unelected bureaucrats,, So perhaps that won't happen.! |
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germany are in a dodgy position here.
they have to basically give in to greece's demands but i cant see some other eu states liking it. so they may have to take a larger hit on this....lets call it paying back for raping and pillaging greece during the war. |
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Crunch time tomorrow for Syriza. The eyeballing of recent weeks has been fascinating, but it's tough to envisage a scenario that will end well for Mr Tsipras.
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hopefully a NO vote....
..then those who lent to Greece so recklessly will have to take a big hit...and share in some of the pain the ordinary greeks have endured over 4 years. ..perhaps in the future they will take lending decisions based on economic and financial fundamentals rather than a politics construct. |
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The problem with a no vote is that it could cause devastation for ordinary Greeks.
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...it could....but if Merkel and Schauble want to keep Greece in the Euro...they will have to concede ground...and if they don't...
and Greece leave...then yes there will be even more pain for them in the short term....but with their own currency they can devalue as many in this position have done before them... ..and then at least start on the road to growth and recovery. ..and of course if they leave... and in 2 or 3 years recover at least a little...then the likes of Podemos in Spain may be enboldened.... ..will Merkel and Co risk that ????? |
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G1_Jockey_4 25 Jan 15 17:28
they could raid bank accounts like cyprus did but that not a great idea as it could lead to pannick That's the first time I have seen my surname used for the actual word |
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"..and of course if they leave... and in 2 or 3 years recover at least a little...then the likes of Podemos in Spain may be enboldened...."
Thats a very good point and also a great reason why they wont be allowed to recover quickly. I think its likely it will suit the powers in Europe to see the Greeks suffer for a fair amount of time. If they dont then others will be dodging their debts and everyone will collapse. |
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"If they dont then others will be dodging their debts and everyone will collapse."
yes.... and which could also happen if Merkel and co concede ground to keep Greece in ......they concede to Greece to allow them to stay in...and other periphery countries will be asking why they aren't being cut some slack....and may be next in line.. ..rock and a hard place springs to mind. |
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That's the first time I have seen my surname used for the actual word
sry the grammer nazis (no link to adlof) will do their nut.... |
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The Greek people chose the lesser of two evils.
To vote Yes was a guarantee of a decade or more of austerity, savage cuts to public services, privatisation of anything that moves, and eternal servitude to the IMF and European bankers who don´t give a shiit about ordinary people. And probably the dumping of Syriza in favour of the neo Nazis of Golden Dawn. Voting No will still mean very hard times ahead but at least the Greek people and their government will be able to do what is best for Greece and there will be a light at the end of the tunnel. |