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Sload World Chat Champion
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Rogerborg |
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Rogerborg nimbA
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Posted: 14:53 - 09 Jan 2017 Post subject: |
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Far tl;dw / tl;dr.
As far as I'm aware, the crib notes are that a succession of governments bought power by looking the other way over mass tax evasion, and allowing and encouraging Greeks to retire far too early from their non-job-for-life in the Ministry of Makework.
https://artfulanxiety.files.wordpress.com/2015/06/pdvd_056.jpg
Despite paper growth up to 2007, real incomes dropped, tax revenue dropped sharply, and post crash, neither the public nor private sectors can afford to fund the young to work their way out of recession despite there being an increasing need for it.
Solutions:
1) Cull the old Get geezers off their retsina soaked arses and back to producing things out of patriotic zeal.
2) Leave the Euro, devalue like gangbusters to stimulate their exports, while printing Drogna like they're going out of fashion. Take the inflationary hit in order to actually get people working again.
As it is, a few tens of billions here, a few hundred billions there, are just keeping them on life support and are mostly being swallowed up servicing existing debts with Franco-Prussian banks.
It seems neither sustainable, nor kind. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Rob Fzs |
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Rob Fzs World Chat Champion
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Sload World Chat Champion
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Posted: 15:08 - 09 Jan 2017 Post subject: |
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Rogerborg wrote: | Far tl;dw / tl;dr.
As far as I'm aware, the crib notes are that a succession of governments bought power by looking the other way over mass tax evasion, and allowing and encouraging Greeks to retire far too early from their non-job-for-life in the Ministry of Makework.
https://artfulanxiety.files.wordpress.com/2015/06/pdvd_056.jpg
Despite paper growth up to 2007, real incomes dropped, tax revenue dropped sharply, and post crash, neither the public nor private sectors can afford to fund the young to work their way out of recession despite there being an increasing need for it.
Solutions:
1) Cull the old Get geezers off their retsina soaked arses and back to producing things out of patriotic zeal.
2) Leave the Euro, devalue like gangbusters to stimulate their exports, while printing Drogna like they're going out of fashion. Take the inflationary hit in order to actually get people working again.
As it is, a few tens of billions here, a few hundred billions there, are just keeping them on life support and are mostly being swallowed up servicing existing debts with Franco-Prussian banks.
It seems neither sustainable, nor kind. |
Far tl;dw / tl;dr.
Just so you know, this was the finance minister from the front line who resigned and is pretty much telling you the Government surrendered. No point pandering your own points if you are not willing to listen to others
I'll add as an olive branch, skip the introductory speaker, most things like this they deserve a skip as they rarely add anything of worth.
https://www.neonnettle.com/feed/images/Screen%20Shot%202014-03-02%20at%2010.25.31.png ____________________ Honda Varadero >> Triumph Speed Four >> Honda CBR1100xx |
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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 15:53 - 09 Jan 2017 Post subject: |
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tl;dr summary of tl;dr - Greeks quit when the going gets tough. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Sload World Chat Champion
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Rob Fzs |
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Rob Fzs World Chat Champion
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Sload World Chat Champion
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Posted: 16:53 - 09 Jan 2017 Post subject: |
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Rogers crush ____________________ Honda Varadero >> Triumph Speed Four >> Honda CBR1100xx |
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Rogerborg |
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Rogerborg nimbA
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Posted: 17:12 - 09 Jan 2017 Post subject: |
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Scared me straight. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Sload World Chat Champion
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Rob Fzs |
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Kawasaki Jimbo |
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Kawasaki Jimbo World Chat Champion
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- Super Spammer
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Posted: 22:50 - 09 Jan 2017 Post subject: |
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A bit naughty really. Germany supplied a quarter of its arms, not the bulk. On top of that Greece may spend a lot on defence, doesn't mean they actually pay for it.
Even that article mentions 10 year overdue payments for submarines. ____________________ TZR250 2MA road, TZR250 1KT road, TZR250 2MA race, TDR250, YZF-750R Boost colours.
Jaguar S Type 3.0 V6 Sport R, VW Transporter T5 GP LWB Shuttle 140ps DSG. |
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Suntan Sid |
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Suntan Sid World Chat Champion
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Posted: 01:11 - 10 Jan 2017 Post subject: |
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Germany, France and the USA are playing Greece and Turkey off against each other!
They Sell arms to Greece, knowing the Greek hatred/distrust of the Turks.
The same three countries are selling arms to Turkey, knowing the Turks hatred/distrust of Greece and, err, pretty much anything non Turkish!
Germany and France are, no doubt, more than happy with a Greek bailout, effectively the Bailout money goes directly back into their own economies, for the arms they're selling! ____________________ "Everybody needs money, that's why they call it money!" |
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Jewlio Rides Again LLB |
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Jewlio Rides Again LLB World Chat Champion
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Posted: 01:23 - 10 Jan 2017 Post subject: |
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mpd72 wrote: |
A bit naughty really. Germany supplied a quarter of its arms, not the bulk. On top of that Greece may spend a lot on defence, doesn't mean they actually pay for it.
Even that article mentions 10 year overdue payments for submarines. |
Greece wanted to buy £100k worth of kit of us for their navy. And they wanted an agreement so that late fulfilment of contract meant they didn't have to pay the full amount. And also, despite never having dealt with them before, they wanted us to accept a letter which said they would pay, rather than actually pay ____________________ Mpd72: I can categorically say i’m Brighter than that, no matter how I come across on here.
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stinkwheel Bovine Proctologist
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Rogerborg |
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Rogerborg nimbA
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Posted: 10:05 - 10 Jan 2017 Post subject: |
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Rob Fzs wrote: | [Shouty McShoutface] say's [sic] what most people think, but meh, that's nothing radical to me. |
I don't have a problem with the content, it's the delivery that triggers me. I don't need to be told the same thing three times in an increasingly angry tone by some loon rocking backwards and forwards, and possibly having a Crisis just below the camera frame.
On topic, I expect that Greek pensioners (i.e. about 30% of the country) will be freezing to death in droves at the moment, but the headlines are about a couple of fighting age migrants succumbing to TBola or whatever other underlying health condition they've got. Selective compassion again. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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- Super Spammer
Joined: 22 Oct 2013 Karma :
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Posted: 10:36 - 10 Jan 2017 Post subject: |
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Suntan Sid wrote: | Germany, France and the USA are playing Greece and Turkey off against each other!
They Sell arms to Greece, knowing the Greek hatred/distrust of the Turks.
The same three countries are selling arms to Turkey, knowing the Turks hatred/distrust of Greece and, err, pretty much anything non Turkish!
Germany and France are, no doubt, more than happy with a Greek bailout, effectively the Bailout money goes directly back into their own economies, for the arms they're selling! |
If the Greeks ever pay the bill.
Leader of the Federal State of Europe wrote: | Merkel's reaction was instant. "She immediately said: 'But we never asked you to spend so much of your GDP on defence,'" Panagopoulos recalled. "And then she mentioned the issue of outstanding payments on submarines she said Germany had been owed for over a decade." |
____________________ TZR250 2MA road, TZR250 1KT road, TZR250 2MA race, TDR250, YZF-750R Boost colours.
Jaguar S Type 3.0 V6 Sport R, VW Transporter T5 GP LWB Shuttle 140ps DSG. |
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Fizzoid World Chat Champion
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- Super Spammer
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Posted: 23:31 - 10 Jan 2017 Post subject: |
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Suntan Sid wrote: | mpd72 wrote: | A bit naughty really. Germany supplied a quarter of its arms, not the bulk. On top of that Greece may spend a lot on defence, doesn't mean they actually pay for it.
Even that article mentions 10 year overdue payments for submarines. |
AFAIK the Greeks paid for 4 subs, three of them didn't work, they got sent back, no refund was paid!
Historic arms proliferation here:-
EU accused of hypocrisy for 1 billion in arms sales to Greece |
I can imagine the return of the subs.
Oright mate, bought these nuclear subs last decade. 3 have this a squeak when you a open the door. Not a fit for purpose innit. ____________________ TZR250 2MA road, TZR250 1KT road, TZR250 2MA race, TDR250, YZF-750R Boost colours.
Jaguar S Type 3.0 V6 Sport R, VW Transporter T5 GP LWB Shuttle 140ps DSG. |
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Rogerborg |
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Rogerborg nimbA
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Posted: 09:23 - 11 Jan 2017 Post subject: |
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You're having a laugh, that's owner abuse, that is, have you been storing them in the sea or something? (Paraphrase of actual BMW Motorrad response to vehicle corrosion) ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Sload World Chat Champion
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Old Thread Alert!
The last post was made 7 years, 100 days ago. Instead of replying here, would creating a new thread be more useful? |
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