Merkel to Greece: Cut Spending, or Get Out

[iliveonramen]

He's spot on. Long-term Socialist policies burned Greece and did so badly, just fyi ya know.

Question...what exactly do you call Germany?

 

[Meathead]

Question...what exactly do you call Germany?

In Greek? Γερμανία.

 

[Infinite Chaos]

Again, exiting the EU does not mean exiting the Euro.. it is a falsehood. Just because California leaves the Union does not mean it has to leave the dollar.

Hence leaving the Euro does not mean Greece also has to leave the EU.

Any Greek leaving the Euro, would come via discussion with the other Euro partners pure and simple.

We will probably find out the actual position within the next 3-18 months, the problem with your response is that if Greece leaves the Euro it has to produce its own currency; it could (like parts of Turkey now) accept euros in commercial dealings but the euro is not turkey's general currency. The position in the BBC article is that Greece would probably have to leave the EU but as I say, we may find out the actual position sometime soon.

 

[Awesome!]

If you dont understand an issue its not an acceptable alternative to fall back on generalizations to simplify it down to your level.

just fyi ya know

Why don't you try to understand my point of view and empathize like you are doing with the Greek situation?

 

[TheDemSocialist]

If i was Greece i would tell Merkel to come on over to Greece and tell that to the people of Greece and see what the response will be...

 

[Meathead]

If i was Greece i would tell Merkel to come on over to Greece and tell that to the people of Greece and see what the response will be...

Wow, that's really cool! Idoit! No sorry, I mean Democratic Socialist - sorry!

 

[digsbe]

I fear France is going to follow along with Greece. Once Europe fails I hope the American economy is strong enough to not only handle it, but benefit from their foolish policies by attracting wealth and business from Europe.

 

[Medusa]

now they leave greece alone but they claim to have their roots in ancient greeks ,they are very ungratefull :2razz:

 

[Red_Dave]

It is pretty ironic to consider that Germany got where they are today as a result of foriegn aid, and would be in a far worse state than Greece without it.

 

[Wiseone]

Why don't you try to understand my point of view and empathize like you are doing with the Greek situation?

Because the post I read reeked of ignorance and self-righteousness, but if you want to flesh out your idea more by all means I'll respond with a more detailed response.

 

[Manc Skipper]

I fear France is going to follow along with Greece. Once Europe fails I hope the American economy is strong enough to not only handle it, but benefit from their foolish policies by attracting wealth and business from Europe.

FYI it was American "foolish policies" that got the world's markets into this mess, and France is the second largest economy in the 17 member Eurozone. There's also a small European island nation only too ready to accommodate anyone from the Eurozone wishing to move offshore.

 

[digsbe]

FYI it was American "foolish policies" that got the world's markets into this mess, and France is the second largest economy in the 17 member Eurozone. There's also a small European island nation only too ready to accommodate anyone from the Eurozone wishing to move offshore.

America isn't responcible for the fiscal spending in Europe. We had some bad policies and too much spending, but what happened to Greece, Spain and others is entirely on them. France may have the second largest economy in the Eurozone, but they are also one of the largest in population (2nd I believe only behind Germany). With their new socialist leader and his views of retired at 60 and 35 hour work weeks, I don't see how their economy is going to benefit. The entitlement and lazy mindset of "tax the rich" that is so prevalent in Europe (and has now poisoned France) will only hurt them economically and fiscally imo. I don't have much hope for Europe.

 

[Red_Dave]

America isn't responcible for the fiscal spending in Europe. We had some bad policies and too much spending, but what happened to Greece, Spain and others is entirely on them. France may have the second largest economy in the Eurozone, but they are also one of the largest in population (2nd I believe only behind Germany). With their new socialist leader and his views of retired at 60 and 35 hour work weeks, I don't see how their economy is going to benefit. The entitlement and lazy mindset of "tax the rich" that is so prevalent in Europe (and has now poisoned France) will only hurt them economically and fiscally imo. I don't have much hope for Europe.

Yet again i'll have to ask where we get the bizzare idea that 'fiscal spending' caused the crisis on either side of the Atlantic.

 

[cpwill]

FYI it was American "foolish policies" that got the world's markets into this mess,

bull****. ya'll spent your own ****ing money. we areresponsible only forour own problems and idiocy.

[qutoe]and France is the second largest economy in the 17 member Eurozone. There's also a small European island nation only too ready to accommodate anyone from the Eurozone wishing to move offshore.[/QUOTE]


trunuff. hopefully we can chase some welath your way out of the collapsing ash-heap that will be the remains of Europe.

 

[Grant]

FYI it was American "foolish policies" that got the world's markets into this mess,

If that were true then other countries would be suffering a similar situation as Europe, Canada for example.

But the sad fact is that Europe is responsible for Europe, as unhappy as that may make the poor blighters feel.

They've been complaining about the United States for generations and when it all ends in in another great ballsup their final whimper will likely be, "It's all America's fault".

 

[Wiggen]

Everything is America's fault. It's the European Mantra and has been since the Second World War. It's so convenient having somebody else to blame for your own failures and shortcomings.

 

[Infinite Chaos]

-- They've been complaining about the United States for generations and when it all ends in in another great ballsup their final whimper will likely be, "It's all America's fault".

Everything is America's fault. It's the European Mantra and has been since the Second World War. It's so convenient having somebody else to blame for your own failures and shortcomings.

Please don't derail the thread. If you want to discuss anyone blaming America for anything - create your own thread in the US forum.

 

[Private Hudson]

If i was Greece i would tell Merkel to come on over to Greece and tell that to the people of Greece and see what the response will be...

Pay your bills, dude!

It's not the problem of germany, if you can't pay your debt. Greece already had a haircut of 100 billion euros!

 

[Private Hudson]

It is pretty ironic to consider that Germany got where they are today as a result of foriegn aid, and would be in a far worse state than Greece without it.

Thats wrong! First of all, the foreign aid for germany was because of a war! Thats a whole different story. Next, greece already got foreign aid. From the eu structure fonds they got 120 billion euros between 1998 an 2007. Now they got a haircut of 100 billion euros. And the other eu contries are helping greece with billions of euros (credit)!

Thats more help for greece than the whole western europe got after world war II with the marshall plan.

 

[Wiseone]

The economic crisis may have started in America, as in the first domino fell in America, however European growth was built in such a way that their dominos were going to come down one way or another. One cannot look at Iceland or Greece and say they had sound fiscal planning, that house of cards was coming down one way or another and the blame should be placed on poor design and execution and not on international economics being what they are.

 

[Born Free]

Pay your bills, dude!

It's not the problem of germany, if you can't pay your debt. Greece already had a haircut of 100 billion euros!

When you can retire at the age of 35 what did Greece expect. They barely get weened off the bottle and they go into retirement.

 

[Franticfrank]

Well in fairness the retirement age was 61, not 35.

 

[Infinite Chaos]

Well in fairness the retirement age was 61, not 35.

Let's not let get facts in the way of a good story.

 

[Meathead]

Well in fairness the retirement age was 61, not 35.

The average retirement age is about 61. Greece has about 80 professions listed which qualify for early retirement. One example is hairdressing because chemicals used in hair dye have accumulative effects. By law, a woman hairdresser or woman government employee with 2 or more children is entitled to retire after 20 years of work, as the raising of children is also considered grounds for early retirement. Therefore some can and do retire at about the age of 40. It is not that commonplace but it does happen. Most of the Greeks I know who are my age (56) are either retired or preparing to do so.

Socialism at work (pardon the pun).

 

[RDS]

During bad times if you are a liability Germany will kick your ass and ask you to F.O.