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Greece Should Be Liquidated And Its People Sold Into Slavery
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Date: May 15th, 2012 11:40 AM Author: Aphrodisiac Copper Dilemma Lettuce "The cheating is often quite bold. When tax authorities recently surveyed the returns of 150 doctors with offices in the trendy Athens neighborhood of Kolonaki, where Prada and Chanel stores can be found, more than half had claimed an income of less than $40,000. Thirty-four of them claimed less than $13,300, a figure that exempted them from paying any taxes at all."
http://www.nytimes.com/2010/05/02/world/europe/02evasion.html?_r=2&th&emc=th |
Date: May 15th, 2012 11:43 AM Author: Infuriating red base volcanic crater lol (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696107) |
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Date: May 15th, 2012 11:43 AM Author: Electric nighttime lay scourge upon the earth (Germany) (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696109) |
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Date: May 15th, 2012 11:44 AM Author: spectacular ticket booth What a fucking piece of trash country. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696116) |
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Date: May 15th, 2012 11:47 AM Author: Hilarious Hairy Legs sell the islands (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696133) |
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Date: May 15th, 2012 11:47 AM Author: Wonderful doobsian box office rigor LOL!
Surely, if you all were brought up in a society where all of your successful peers were evading taxes with no threat of imprisonment, let alone a fine, you would all do the right thing and pay taxes. You would be the bigger person and pay taxes to the government for the sake of your country's finances and paying down phantom debt imposed on your country by foreign-owned institutions who, by the way, created the money out of thin air and charge very high interest on it.
LOL @ the sheer level of ignorance on xo when it comes to matters of international affairs, especially Greece. |
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Date: May 15th, 2012 11:49 AM Author: Big Pearl University Famous Landscape Painting Right, rotten to its core. Must be enslaved and the best can reearn their freedom. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696141) |
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Date: May 15th, 2012 11:54 AM Author: Wonderful doobsian box office rigor And who exactly would do the enslaving? The banks who this debt is owed to?
LOL. One of the greater achievements of modern finance, and public relations, is the mass cultivation of useful idiots, such as yourself, frothing at the mouth in advocating for an institution that has no benefit to you personally. All the free-market, corporatist cheerleaders who, more often than not, get fucked by the system - are usually the ones doing all of the chest-thumping and loud, ignorant supporting.
Congrats on your indoctrination/programming, brother. Congrats on your allegiance to a false idea over your fellow bros. |
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Date: May 15th, 2012 11:55 AM Author: Electric nighttime lay scourge upon the earth (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696162) |
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Date: May 15th, 2012 11:55 AM Author: Hilarious Hairy Legs (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696166) |
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Date: May 15th, 2012 12:07 PM Author: Big Pearl University Famous Landscape Painting Now that you mention it, there is a dearth of modern day slavers. How would one get into this? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696217) |
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Date: May 15th, 2012 12:19 PM Author: Wonderful doobsian box office rigor Based on what I am reading, you appear to already be a modern day slave. Such is the nature of your servitude that you must think you are actually fee. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696257) |
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Date: May 15th, 2012 12:20 PM Author: Big Pearl University Famous Landscape Painting lol wut (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696258) |
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Date: May 15th, 2012 12:23 PM Author: Wonderful doobsian box office rigor It is too late for you already. Modern slavery isn't achieved on the plantations, it's achieved physically, through debt enslavement (advertising/marketing, mortgages, student loans, consumer credit, insider manipulation of markets) and psychologically, in the mind, through mass perception-altering via the entertainment industry, the media, technology, overstimulation, etc., If you are this blind, at this point, you will probably blissfully stay that way for the remainder of your years. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696279) |
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Date: May 15th, 2012 12:25 PM Author: Big Pearl University Famous Landscape Painting No, I want to take the Greek people, load them on to boats, and make them build stuff for me or fight in wars for me. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696290) |
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Date: May 15th, 2012 12:27 PM Author: Wonderful doobsian box office rigor Yeah, I got that. But you're posting nonsense on xo, so you'll probably never be in a position to make that happen if it were even possible, which it's not. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696296) |
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Date: May 15th, 2012 12:27 PM Author: arousing institution who threatened greece to borrow money? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696304) |
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Date: May 15th, 2012 12:28 PM Author: Big Pearl University Famous Landscape Painting *comes to xoxo seeking rational discussion about his motherland*
*disappointed* |
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Date: May 15th, 2012 12:27 PM Author: arousing institution who forced the greeks to borrow money? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696301) |
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Date: May 15th, 2012 12:30 PM Author: Multi-colored nudist really tough guy Nobody, but it doesn't matter. Its not Greece's problem anymore. If you owe the bank a million dollars, you have a problem, if you owe tha bank a billion dollars, the bank has a problem. Same analogy applies here. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696323) |
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Date: May 15th, 2012 12:32 PM Author: arousing institution lol. nice flame that you have going on here (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696336) |
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Date: May 15th, 2012 12:33 PM Author: Wonderful doobsian box office rigor It's not flame. It's actually true. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696344) |
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Date: May 15th, 2012 12:34 PM Author: arousing institution the EU is a BANK to you morons? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696353) |
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Date: May 15th, 2012 12:37 PM Author: Multi-colored nudist really tough guy Sure why not, if they are giving money out? Why not take it. I don't care what the EU is and could care less if it flames out, which is looking increasingly likely. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696368) |
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Date: May 15th, 2012 12:43 PM Author: arousing institution they're giving money out on the condition that greece curb spending habits. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696385) |
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Date: May 15th, 2012 1:02 PM Author: Multi-colored nudist really tough guy And borrowers never take the money first and then back out of their committments. Look up the word "default".
Those conditions mean nothing because I can assure you most Greeks could care less for the EU. |
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Date: May 15th, 2012 12:37 PM Author: Wonderful doobsian box office rigor Link to the EU lending facility please. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696367) |
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Date: May 15th, 2012 12:41 PM Author: arousing institution okay, so we're conflating federal reserve banks to goldman sachs and jp morgan now? what would you do if alabama kept defaulting, won't curb spending habits, and kept expecting to be bailed out? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696380) |
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Date: May 15th, 2012 12:48 PM Author: Wonderful doobsian box office rigor Dude, EUROPEAN INVESTMENT BANKS loaned money to Greece. They are the ones demanding, via the EU/ECB/IMF, to have their loans paid back. Those same European investment banks were bailed out several times over by the ECB/IMF and afforded far greater terms of repayment than Greece ever was or ever will be. It's a rigged game, Greece is the target, and until you stop giving parasitic bankers, who lend money to governments at a profit, the benefit of a doubt, you will never realize this! They just throw words around, back it up with Econ PhDs, and hope they can get away with it. People like you ensure that they do. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696401) |
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Date: May 15th, 2012 12:50 PM Author: outnumbered lime half-breed depressive so the people living off the dole in Greece and not paying their taxes are no parasitic? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696413) |
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Date: May 15th, 2012 12:54 PM Author: Wonderful doobsian box office rigor Yes, it's parasitic that the Greek people live that kind of lifestyle, but it's not akin to what I am describing - at all. The government in Greece went into debt providing more for it's citizens than it could afford. I don't think you can equate a social problem, like people thinking to themselves "why should I be an asshole and pay taxes when literally everyone I know doesn't and there are no consequences", to bankers licking their lips and looking @ Greece as a prime target for a financial takeover, which is what I am describing. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696428) |
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Date: May 15th, 2012 1:00 PM Author: outnumbered lime half-breed depressive I dont think the banks have a lot to gain from a financial takeover. They would have preferred to have their loans repaid with the interest contracted for.
going into debt to provide for your citizens (or go to war) is how the problem always starts. |
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Date: May 15th, 2012 1:05 PM Author: Wonderful doobsian box office rigor Yet somehow without governments willing to go into debt, the entire facade of international finance begins to crumble. It's by design and they do have a lot to gain from a financial takeover especially when you consider how many people in positions of ample financial resources have access to market-moving information while it's happening/before it's happening. They want a corporate/banker takeover of Greek national assets. Germans wanted Greece's fucking gold as collateral for Christ sake. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696482) |
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Date: May 15th, 2012 12:53 PM Author: arousing institution you're retarded, correct? do you know how debt markets work?
CREDITORS want their money from greece, which they LOANED. greece wants MONEY FROM THE ECB to pay off those CREDITORS. if CREDITORS don't get their money back, greece defaults. and defaults. and defaults. and defaults. credit ratings on bonds plummet. yields rise. guess what happens to the EURO.
you seem retarded |
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Date: May 15th, 2012 12:59 PM Author: Wonderful doobsian box office rigor Are you familiar with the law of transitivity? If creditors want their money from Greece, and Greece wants money from the ECB to pay off those creditors, Greece still owes money to those banks - the ECB is a conduit for that potential transfer and an added political elements in the game they play.
I don't blame you for being such an ill-informed mouthpiece, because the bankers really are good at doing what they do. But until you stop viewing this as a noble quest from these good-standing lenders to get back what is rightfully theirs, then you will never understand the scope or magnitude of what is actually going on with respect to the widespread insider market manipulation that goes on in currency markets. |
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Date: May 15th, 2012 1:01 PM Author: arousing institution 180 flame (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696466) |
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Date: May 15th, 2012 1:02 PM Author: Wonderful doobsian box office rigor Funny. Not flame. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696470) |
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Date: May 15th, 2012 1:04 PM Author: arousing institution 180 (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696478) |
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Date: May 15th, 2012 1:06 PM Author: Wonderful doobsian box office rigor Yes, when in doubt about how to respond to someone who is actively engaging you on the merits, just respond with meaningless 180s and irrelevant statements. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696486) |
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Date: May 15th, 2012 1:09 PM Author: arousing institution if greece keeps defaulting, its cost to borrow rises dramatically. the country wouldn't be able to sustain itself without massive ecb intervention, which destroys the euro (and everyone else in effect). you seem like a 180+ flame though. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696495) |
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Date: May 15th, 2012 1:14 PM Author: Multi-colored nudist really tough guy Those costs are already astronomical, so by your logic of what would happen, the choice for Greece is really simple:
a) Keep borrowing at abusrdly high costs and see if the Euro is saved, but make yourself poorer.
b) Keep defaulting, destroy the Euro, clear debts by going back to Drachma, but everyone else is fcked in the process.
Choice B is far more attactive from Greece's perspective, so you can't blame them. If you can clear all your student loan/credit card debt/mortgage/whatever other debt, but screw everyone else in the process, would you do it? |
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Date: May 15th, 2012 1:21 PM Author: arousing institution the euro won't be destroyed, but yes, greece is probably going with option b within 2-4 months. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696549) |
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Date: May 15th, 2012 1:28 PM Author: Multi-colored nudist really tough guy Yes the Euro can survive without Greece, but Greece is only the tip of the Iceberg. Italy and Spain are next, and these countries are much larger than Greece. The Euro cannot survive in its current form. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696572) |
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Date: May 15th, 2012 1:14 PM Author: Wonderful doobsian box office rigor Obviously the country wouldn't be able to sustain itself with the massive debt load it has, regardless of any inevitable default that is already, surely, priced into the market. That's my point. I'm advocating to just remove themselves from the system entirely a la Iceland. I'm not flaming, you are just really that detached from the truth/reality about the GAME of international finance. They should act in their interest. Not in Deutsche Bank's. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696518) |
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Date: July 10th, 2015 1:31 AM Author: anal school thank you. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28297028) |
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Date: May 15th, 2012 12:36 PM Author: Multi-colored nudist really tough guy Not flame brah. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696363) |
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Date: May 15th, 2012 12:46 PM Author: Stubborn tan station pocket flask Greetings, (Greek doctor in trendy neighborhood above Gucci store) |
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Date: May 15th, 2012 8:15 PM Author: Wonderful doobsian box office rigor lol tyft (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698765) |
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Date: May 15th, 2012 12:28 PM Author: Emerald step-uncle's house dysfunction i know, that Jorah Mormont seems like a real badass so far (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696311) |
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Date: May 15th, 2012 12:07 PM Author: Emerald step-uncle's house dysfunction well you just have it all figured out, dont you retard (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696219) |
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Date: May 15th, 2012 12:20 PM Author: Wonderful doobsian box office rigor Why don't you substantively address anything I wrote on the merits instead of retorting with something that, literally, a six year would would say. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696261) |
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Date: May 15th, 2012 12:25 PM Author: Emerald step-uncle's house dysfunction because if you understood anything about the capital markets, you would know that money isn't just created out of thin air. All paper currency is a derivative tied to an underlying index. In the case of fiat money, that index is confidence. Every policy has its price, and there's no such thing as a free lunch. Stop learning your economics from OWS/Paultards. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696289) |
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Date: May 15th, 2012 12:32 PM Author: Wonderful doobsian box office rigor I am by no means a mindless believer in Austrian economics a la certain elements of OWS/Ron Paul camp. You're misconstruing my statement to be a condemnation of all modern capital markets. My question to you is... what is the origination of the loans that Greece has to pay back? I'm not engaging you in a conversation about the merits of fiat money because that's not what I was criticizing. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696342) |
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Date: May 15th, 2012 12:49 PM Author: Stubborn tan station pocket flask Greetings, link to any OWSer subscribing to the Austrian school? |
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Date: May 15th, 2012 12:50 PM Author: Wonderful doobsian box office rigor Just quoting the OP I was responding to. It's my understanding the OWSers, by and large, are unashamed socialists. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696414) |
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Date: May 15th, 2012 12:53 PM Author: Stubborn tan station pocket flask Greetings, Yeah, and I meant my poast more as actual curiosity, not like I was challenging any substantive posts made ITT |
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Date: May 15th, 2012 12:53 PM Author: Infuriating red base volcanic crater So what is the origination of the loans? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696426) |
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Date: May 15th, 2012 1:01 PM Author: Wonderful doobsian box office rigor Soc Gen, BNP, Dexia, Credit Agricole, etc.,'s debt balance sheet, replenished time and time again by central banks and other government lending facilities. They have the privilege of loaning money they never truly/earned in the first place and charging interest on it. Beautiful gig, if you can get it. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696463) |
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Date: May 15th, 2012 1:07 PM Author: Infuriating red base volcanic crater why do you say they never truly earned the $? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696488) |
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Date: May 15th, 2012 1:08 PM Author: Wonderful doobsian box office rigor Because they did not get it from their clients/customers. They did not get it from making smart trades, or realizing investments. They got it as a handout from a government for simply being a financial institution. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696491) |
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Date: May 15th, 2012 1:09 PM Author: Infuriating red base volcanic crater I'm not sure I follow. Wealthy european countries gave (loaned?) these banks money, and the banks in turn loaned it to Greece? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696494) |
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Date: May 15th, 2012 1:10 PM Author: Wonderful doobsian box office rigor No, the ECB and various government credit/lending facilities provide liquidity and access to capital, to borrow, to banks, who in turn loan it at a higher interest rate to sovereign governments for a profit. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696497) |
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Date: May 15th, 2012 1:12 PM Author: Infuriating red base volcanic crater nice setup for those banks (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696509) |
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Date: May 15th, 2012 1:15 PM Author: arousing institution 181 flame (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696521) |
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Date: May 15th, 2012 1:16 PM Author: Wonderful doobsian box office rigor "Hey, I know what I'll do. I'll commend him on his brilliant 'flame' every change I get, as to weaken his points."
Just give it a rest, bro. |
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Date: May 15th, 2012 1:17 PM Author: arousing institution lol. can i subscribe to your newsletter? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696532) |
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Date: May 15th, 2012 1:18 PM Author: Wonderful doobsian box office rigor Wit is not your strong suit, my friend. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696534) |
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Date: May 15th, 2012 1:22 PM Author: arousing institution i'm appalled, brother. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696552) |
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Date: May 15th, 2012 12:26 PM Author: arousing institution big banks provide no financial value to consumers? free markets provide no financial value to consumers? lol @ this moron. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696293) |
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Date: May 15th, 2012 12:36 PM Author: Wonderful doobsian box office rigor Big *investment* banks provide no financial value to consumers. Explain to me how a debt capital markets team, covering corporates, impacts an average citizen. How does a derivatives trader add value to the lives of most people in the world? An M&A banker is really providing "financial value to consumers", how?
Free markets are not free markets anymore. In case you haven't realized, large banks are entitled to government subsidization of their mistakes/bets under the guise of maintaining systemic integrity/risk management. However, when times are good - those profits are privatized. You can't have it both ways. |
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Date: May 15th, 2012 12:38 PM Author: arousing institution you do understand the relationship between farmers, futures markets, and how food prices are stabilized for the average consumer, don't you? that's just one small element of big corporate finance. further, banks invest for pension funds and 401ks. guess who benefits? further, the banks repaid their TARP funds, with great interest rates to taxpayers (e.g. Goldman gave us 20% more than what we gave them).
you seem illiterate, lil bruh. |
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Date: May 15th, 2012 12:44 PM Author: Wonderful doobsian box office rigor Do you know what illiterate means? You must have meant financially illiterate. How ironic.
The commodities business is a FRACTION of bank's profits and considered to be relatively low-rent relative to their government bond/corporate credit/derivatives/currencies businesses. You're describing a small element of corporate finance and implying that without these institutions and exchanges, food prices would be unstable. You do understand the mass manipulation of commodity (agricultural, metals, oil, gas) prices that can be attributed to self-interested financial players, both on the sell side and buyside, right? I don't think you do.
While you're at it, please articulate to me how "interest paid to taxpayers" (LOL) impacted a single American? Large amounts of TARP funds were used to make bets, probably with insider information, as opposed to lending and ensuring liquidity in market-making operations.
You are like a banker's wet dream. Drinking all the kool-aid and evangelizing others to do the same. You'd be an interesting clinical study for a medical researcher studying the effects of propaganda on the brain. |
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Date: May 15th, 2012 12:47 PM Author: arousing institution http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#Participants
pensions, 401ks, savings accounts, commercial financing, bridge loans, securitization don't benefit the average consumer, huh?
you seem dumb. |
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Date: May 15th, 2012 12:49 PM Author: Wonderful doobsian box office rigor You seem dumb because nowhere in my statement did I indicate anything to the contrary. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696406) |
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Date: May 15th, 2012 5:07 PM Author: Emerald step-uncle's house dysfunction The TARP and PPIP distressed investment programs benefited a shit-ton of institutionals, some of which were managing funds on behalf of retail customers. How is that not "impacting a single American"?
Under your line of reasoning, would they need to mail unsolicited checks to households in order to "benefit" them? |
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Date: May 15th, 2012 12:46 PM Author: Hairless aggressive headpube indian lodge Futures markets weren't responsible for the financial crisis. Neither were pension funds and 401Ks. These aspects of the financial system would still be in tact even if you let the banks fail, which we should have. Individual traders and hedge funds don't get bailed out for making bad bets, neither should banks. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696392) |
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Date: May 15th, 2012 12:49 PM Author: arousing institution "Individual traders and hedge funds" present systemic failure to the economy, now?
lots of econ retards ITT. |
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Date: May 15th, 2012 12:53 PM Author: Hairless aggressive headpube indian lodge Lol at "systemic failure". There is no such thing. Too big to fail=too big to exist. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696423) |
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Date: May 15th, 2012 12:54 PM Author: arousing institution great depression. look it up (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696427) |
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Date: May 15th, 2012 12:58 PM Author: Hairless aggressive headpube indian lodge Post great depression there was something called Glass-Stegall which meant banks couldn't be in the betting business and manage your 401K, mortgatge, etc if they didn't clearly separate those activities. It worked well for decades, was then repealed, and few years later we had a financial crisis. Again, if you are talking about a private institution that is making speculative bets, too big to fail=too big to exist. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696450) |
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Date: May 15th, 2012 12:23 PM Author: dashing chestnut blood rage (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696276) |
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Date: May 15th, 2012 11:57 AM Author: Glassy corn cake gaming laptop Lol, if something analogous happened between 2,000 and 150 years ago, Germany/Prussia/Rome/HRE/etc would just march down to Greece and do exactly that (plus rape-rape) (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696179) |
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Date: May 15th, 2012 12:04 PM Author: Multi-colored nudist really tough guy A different way to look at it:
http://www.youtube.com/watch?v=Zvl9N9GdraQ&feature=fvwrel |
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Date: May 15th, 2012 12:04 PM Author: Wonderful doobsian box office rigor Very big fan of this guy. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696205) |
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Date: May 15th, 2012 12:07 PM Author: Multi-colored nudist really tough guy I'm part Greek and completely agree with this parody. The EU was a shitty idea. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696218) |
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Date: May 15th, 2012 12:08 PM Author: Wonderful doobsian box office rigor Same here, half-Greek and agree with it 100%. It's funny to hear the parallels between him and the old Greek men in the cafes in Astoria and Athens. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696224) |
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Date: May 15th, 2012 12:15 PM Author: Multi-colored nudist really tough guy Exactly! Greeks aren't giving up their sovereingty and country to the EU and their bankers, and if they have to bankrupt every European bank and economy in the process, so be it, I could care less for the parasites. I personally think it would be entertaining to watch the EU in shambles. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696248) |
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Date: May 15th, 2012 12:18 PM Author: Wonderful doobsian box office rigor It would be glorious actually. See that whole fucking project fail. It would be great if they pulled an Iceland and just kicked all of the parasitic elements out of their country entirely... went back to the drachma and enjoyed an influx of tourism. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696254) |
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Date: May 15th, 2012 12:22 PM Author: Multi-colored nudist really tough guy Would be great if that happened and I think it will. Iceland is doing just fine without the bankers and money changers. Greeks were doing great for thousands of years without the euro, and will be fine after its gone. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696269) |
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Date: May 15th, 2012 12:23 PM Author: lilac nursing home hominid Greece goes bankrupt approximately once per generation (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696274) |
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Date: May 15th, 2012 12:28 PM Author: Glassy corn cake gaming laptop ha! (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696308) |
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Date: May 15th, 2012 12:31 PM Author: lilac nursing home hominid The statement that Greece was doing great for thousands Of years Reveals shocking ignorance Of greece's history (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696325) |
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Date: May 15th, 2012 3:03 PM Author: Multi-colored nudist really tough guy Please do elaborate broseph. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697000) |
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Date: May 15th, 2012 12:23 PM Author: jade shrine You need to have a bigger market nad more mobile labor force. Jesus Christ! Grow up! (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696272) |
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Date: May 15th, 2012 12:24 PM Author: Wonderful doobsian box office rigor Elaborate on this statement. What, specifically, are you addressing? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696282) |
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Date: May 15th, 2012 12:25 PM Author: Multi-colored nudist really tough guy Is this flame? Pls. explain why you need a common currency for a larger market and more mobile labor force. Why do you need give up national sovereignty? These things aren't mutually exclusive. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696284) |
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Date: May 15th, 2012 12:28 PM Author: jade shrine Think about how having a common currency int he US makes the mobility of its labor force and its shared marketplace possible. Transfer thought to EU. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696314) |
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Date: May 15th, 2012 12:31 PM Author: arousing institution yes, but imagine if alabama leeched on the system, kept spending with no fear of default, paid no taxes, and expected the entire nation to bail them out every time they near bankruptcy. that's greece on the eu (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696328) |
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Date: May 15th, 2012 12:33 PM Author: jade shrine No. There are zero similarities. Why are you judging a 10 year old federal system by the accomplishments of a 200 year old federal system? Zero parallels. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696348) |
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Date: May 15th, 2012 12:35 PM Author: arousing institution the eu is as large as the united states, moron. greece is 2% of the eu. alabama has a similar ratio to the usa (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696358) |
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Date: May 15th, 2012 12:32 PM Author: lilac nursing home hominid Currency conversion is nbd in today's wired world broseph (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696334) |
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Date: May 15th, 2012 12:34 PM Author: Multi-colored nudist really tough guy Dumb comparison. The US is one nation, the EU isn't and never has been. Unification of Europe is something that been tried and failed before multiple times, this is hardly the first, and the outcome will be no different.
Again you don't need one country for a shared marketplace. This is why you have trade, free trade agreements, do business with each other etc, nowhere does this require a common currency or being subservient to forces outside the nation. |
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Date: May 15th, 2012 12:29 PM Author: arousing institution except the greeks would be inflation-pwned if they maintained their spending habits. yfwgi, though (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696315) |
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Date: May 15th, 2012 12:39 PM Author: Hairless aggressive headpube indian lodge "Parasitic elements"=euphenism for Jews. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696374) |
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Date: May 15th, 2012 12:49 PM Author: Wonderful doobsian box office rigor You said that. Not me. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696411) |
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Date: May 15th, 2012 1:31 PM Author: yapping vibrant office windowlicker "and if they have to bankrupt every European bank and economy in the process, so be it, I could care less for the parasites. I personally think it would be entertaining to watch the EU in shambles."
yeah unfortunately, i would bet a lot of American banks would also be exposed. |
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Date: May 15th, 2012 3:05 PM Author: Multi-colored nudist really tough guy So what? Banks inlcuding US ones make bad investments all the time (JPM lost lost 2 billion, that's probably more than all the Greek debt they have). If the banks were dumb enough to buy a crap product, they deserve to be exposed and lose money--that's how a free market should work. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697014) |
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Date: May 15th, 2012 3:40 PM Author: yapping vibrant office windowlicker Yeah, but it's not just Greek debt. It's Spain, Italy, etc. I agree that the banks should be allowed to fail but also recognize that this would destabilize the global financial order. wtf would happen the day after? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697185) |
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Date: May 15th, 2012 3:45 PM Author: Multi-colored nudist really tough guy See above. I believe the Euro in its current form is not going to last, and that's for the better. WFT is "global financial order"? Nothing more than European countries giving their sovereighty to central bankers, if this is what you mean, I sure hope its destabilized and destroyed. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697202) |
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Date: May 15th, 2012 4:00 PM Author: yapping vibrant office windowlicker pretty much. except all that "wealth" which was created by the banks will evaporate into thin air. bondholders would be wiped out, stock mkt would collapse, retirement portfolios gone, basically a deflationary abyss. not sure if europe has a FDIC equivalent but if not, you'd see bank runs as well. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697274) |
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Date: May 15th, 2012 4:06 PM Author: Multi-colored nudist really tough guy I agree certain banks would suffer and bondholders would be wiped out. I don't agree that the stock market would collapse. The US banks don't have significant exposure to this debt. If the Euro breaks into individual currencies, US companies like Apple, Exxon, IBM, GE, etc will still do business in Europe, that's not changing and these companies don't care if they sell their product in euros or duetchmarcs/francs/drachmas/lira. Also there have been defaults and currency crisis before (Argentina, Asian countries) and our markets came out okay. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697301) |
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Date: May 15th, 2012 12:53 PM Author: Stubborn tan station pocket flask Greetings, 180 his Greek accent is basically German with some Russian thrown in i love it |
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Date: May 15th, 2012 12:29 PM Author: French property No thanks! (Rowan) (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696319) |
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Date: May 15th, 2012 12:29 PM Author: 180 flushed sneaky criminal I learned this weekend that when an eu technocrat was brought in to asses the true deficit for them his number was so uncomfortably high that they theyre now going to charge him with some kind of crime against the state. What a bunch of monkeys. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696320) |
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Date: May 15th, 2012 12:39 PM Author: Wonderful doobsian box office rigor It's not real. It's not a real number because it's not real money. What did the Greeks use all of this money for? Infrastructure building? Providing liquidity in their own capital markets to other European bankers? You have no idea what the fuck you're talking about. You read a few FT and WSJ articles about the crisis and all of the sudden you're well-qualified to assess, no - praise, the viability of a biased, agenda-driven EU technocrat's statement? Your statements imply a very immature and stunted perspective on how the world actually works. Not how it's reported to work by the powers that be. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696377) |
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Date: May 15th, 2012 12:46 PM Author: outnumbered lime half-breed depressive there is a price to be paid if you want to be elevated into the first world. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696391) |
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Date: May 15th, 2012 12:52 PM Author: Infuriating red base volcanic crater well what did the Greeks use it for? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696421) |
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Date: May 15th, 2012 1:09 PM Author: Infuriating red base volcanic crater (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696496) |
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Date: May 15th, 2012 3:45 PM Author: Emerald step-uncle's house dysfunction grossly inflated public sector wages, early retirement, and generous benefit packages, coupled by inability to enforce domestic tax collection and massive overborrowing incentivized by low rates (for years, they were able to borrow at germany's cost). From wiki: The country's public debt-to-GDP ratio stood at 165.3% of nominal gross domestic product in 2011.
the "austerity" measures that everyone hates are basically bringing the wages back down to earth and slashing the pensions. Something that shouldve happened under any sensible pay as you go system and lending based on borrower creditworthiness rather than on its implicit guarantors' |
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Date: May 15th, 2012 7:00 PM Author: Infuriating red base volcanic crater sounds like a dream place to get a gov job (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698387) |
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Date: May 15th, 2012 10:14 PM Author: Emerald step-uncle's house dysfunction right. the protests in athens are basically foot soldiers of the public sector unions. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20699811) |
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Date: May 15th, 2012 12:56 PM Author: arousing institution WTF is your argument? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696439) |
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Date: May 15th, 2012 1:02 PM Author: Wonderful doobsian box office rigor Too complicated for you to follow, clearly. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696468) |
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Date: May 15th, 2012 5:17 PM Author: 180 flushed sneaky criminal Listen you psychofaggot, the Greeks borrowed too much money and pissed it away in short order. Then they understated their deficits for political reasons and when the new govt came in a told the world what the more realistic numbers were potential lenders told Greece to fuck off. Greeks are petulant little mutants who are I'll-equipped to keep their shitty little house in order. You're lucky the Germans were neutered by the 20th century, shitheel. Go choke on a gyro. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697689) |
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Date: May 15th, 2012 6:29 PM Author: Emerald step-uncle's house dysfunction 180 screed (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698177) |
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Date: May 15th, 2012 8:42 PM Author: Wonderful doobsian box office rigor The Greeks understated their deficits via bespoke, clever accounting techniques literally crafted for them by Goldman Sachs (BTW, founded by two Bavarian immigrants in NYC 100+ years ago) for the larger benefit of the financial community - not for Greece's long-term benefit. The people were taken advantage of by eternally-savvy bankers and corrupt politicians.
As you indicated, the Germans were, indeed, neutered by the 20th century, but waging economic warfare in the hopes of achieving their dream of a Deutsche-dominated Europe is still a plague that must be stopped. Nation states should persist and there is no mutual benefit in establishing a United States of Europe. Luckily for euroskeptics, and proponents of democracy everywhere, the EU is doing a fine job of imploding on its own. Looks like your gal Merkel is losing some support in the mother country too. |
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Date: May 15th, 2012 5:19 PM Author: 180 flushed sneaky criminal I have related facts to you. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697699) |
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Date: May 15th, 2012 12:50 PM Author: sick greedy parlor "penis" (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696416) |
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Date: May 15th, 2012 3:39 PM Author: Glassy corn cake gaming laptop this was hilarious after reading CM or whatever's post above covered in jargon and doublespeak (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697180) |
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Date: May 15th, 2012 8:45 PM Author: Wonderful doobsian box office rigor Doublespeak? (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698967) |
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Date: May 15th, 2012 3:32 PM Author: impertinent french chef personal credit line The retards that lent Greece money should be fired, have all of their bonuses clawed back, and their institutions should not be bailed should they be exposed to many times the notional value of greek debt through derivatives. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697138) |
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Date: May 15th, 2012 3:38 PM Author: wild gunner roommate lol no. The job creators were forced to lend to Greece because of the CRA and Fannie and Freddie Mac. It's not their fault. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697171) |
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Date: May 15th, 2012 3:42 PM Author: impertinent french chef personal credit line If only the job creators had more clout among the law-making class... (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697193) |
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Date: July 9th, 2015 5:34 PM Author: wild gunner roommate I read this post before I saw who wrote it and was about to give it a blank bump. I really make myself laugh sometimes. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28292995) |
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Date: May 15th, 2012 3:48 PM Author: Cordovan bateful digit ratio LOLOLOL at this fantasy land. at worse, those retards should be forced to rotate into World Bank or Treasury roles for a few years before heading back to banks with lucrative recruitment deals |
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Date: May 15th, 2012 5:08 PM Author: chartreuse swashbuckling location Fuck this board. It appears half this board's knowledge of the EU and Greece comes from one This American Life podcast. (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697633) |
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Date: May 15th, 2012 8:43 PM Author: Wonderful doobsian box office rigor lol (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698944) |
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Date: May 15th, 2012 5:14 PM Author: Twinkling temple striped hyena It is not exactly a secret the Greeks don't pay taxes. There are famous greek billionaires that don't pay taxes. The rich just claim residence somewhere else and no one confronts them.
But i don't blame them. They have QOL there. Rather be Greek than German. |
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Date: May 15th, 2012 8:42 PM Author: Wonderful doobsian box office rigor (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698938) |
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Date: May 15th, 2012 10:08 PM Author: puce cracking international law enforcement agency (Xerxes) (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20699721) |
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Date: July 10th, 2015 1:44 AM Author: glittery buff faggotry reading party (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28297120) |
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Date: July 9th, 2015 5:05 PM Author: Sickened Feces Menage (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28292793) |
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Date: July 9th, 2015 5:14 PM Author: Razzle violet fortuitous meteor *melts down the ruins of the Parthenon* *pours molten marble down Tsipras' throat* |
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Date: July 9th, 2015 5:34 PM Author: dun affirmative action (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28293002) |
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Date: July 10th, 2015 1:41 AM Author: Supple Umber Preventive Strike the fact that people are even considering a 3rd bailout is silly
Greece vastly expanded bureaucracy, wages, pension system with borrowed money and has a corrupt tax system
Greek ppl may be hard workers but they cheat heavily on taxes
they will never fix their problems as long as they are bailed out. send them out of euro and after 3 or 4 years they will be in a MUCH better shape when they are forced to deal with the underlying problems. Europe can provide humanitarian aid to help their transition
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Date: July 10th, 2015 2:07 AM Author: Supple Umber Preventive Strike (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28297287) |
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Date: July 10th, 2015 2:09 AM Author: aromatic mexican subtle Thucydides trolling in the OP (http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#28297307) |