Greferendum

[camberiu]

Well, the point is that the causes were solved: an economy attached to the USD with no infaltion... Am I right?...

I was thinking more on the lines of the government operating an air carrier that loses over US$1 million a day in tax payer's money.
Or running multiple "para todos" programs.

 

[thorsten]

Well, this is very simple: Greece gives to Germany wealth and in exchange Germany gives back paper. Of course Greece goes into bankruptcy. If now Greeks gives the State of Greece wealth in exchange of paper, the State of Greece can create reserves. The State receives Euros and USD and gives to its citizens Dragmas, best deal ever for the State as it happens in Argentina.

And you think the bolded part will happen just by leaving the Euro zone and not making reforms? If it would be simple as that, why don't even Tsirpas and Varoufakis want to leave the Euro zone?

 

[Bajo_cero2]

I was thinking more on the lines of the government operating an air carrier that loses over US$1 million a day in tax payer's money.
Or running multiple "para todos" programs.

Right, you propose an austerity programm, you genious!

 

[Bajo_cero2]

And you think the bolded part will happen just by leaving the Euro zone and not making reforms? If it would be simple as that, why don't even Tsirpas and Varoufakis want to leave the Euro zone?

Well, it makes no different what we say, let`s wait and see.

 

[ajoknoblauch]

Right, you propose an austerity programm, you genious!

Soccer For Everyone is such a wise use of public funds, after all...

 

[camberiu]

Right, you propose an austerity programm, you genious!

If that is what you want to call not pissing away your population's hard earned money, knock yourself out.

 

[thorsten]

Well, it makes no different what we say, let`s wait and see.

You are right bajo, unfortunately it might end with two stubborn parties - one side who doesn't want a necessary partial write-off of the debt and the other side who refuses necessary reforms - and the real victims are the Greek people...

 

[Bajo_cero2]

If that is what you want to call not pissing away your population's hard earned money, knock yourself out.

Right, they should give them to Germany!...

 

[camberiu]

Right, they should give them to Germany!...

No. The people should keep it, instead of giving to the government who will either give it to creditors or piss it away on a inept airline or on populist "para todos".

 

[camberiu]

This is what awaits many European countries if no real compromise (involving both haircuts and reforms) is not achieve soon. And from this brew of despair, something really nasty will emerge.

Crying Greek pensioner: the story behind the poignant photo