Greece Should Be Liquidated And Its People Sold Into Slavery
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Sizzler | 05/15/12 |
Poast new message in this thread
Date: May 15th, 2012 11:40 AM Author: ...,...,.,.,.,.,..,.,..,..,.,.,
"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
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696095) |

Date: May 15th, 2012 11:43 AM Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
lol
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696107) |

Date: May 15th, 2012 11:43 AM Author: .,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,
(Germany)
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696109) |

Date: May 15th, 2012 11:47 AM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696134) |
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Date: May 15th, 2012 11:54 AM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696159) |
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Date: May 15th, 2012 11:55 AM Author: .,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696162) |
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Date: May 15th, 2012 12:19 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:23 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:27 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:27 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:32 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:43 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:37 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:54 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 1:05 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696424) |
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Date: May 15th, 2012 12:59 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696454) |
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Date: May 15th, 2012 1:01 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: Earl of Sandwich
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?
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696516) |
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Date: May 15th, 2012 1:21 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 1:14 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: May 15th, 2012 8:15 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:50 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
"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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696525) |
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Date: May 15th, 2012 1:17 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696366) |
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Date: May 15th, 2012 12:38 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696371) |
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Date: May 15th, 2012 12:44 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696388) |
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Date: May 15th, 2012 12:47 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696398) |
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Date: May 15th, 2012 12:49 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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?
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697611) |
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Date: May 15th, 2012 12:49 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
"Individual traders and hedge funds" present systemic failure to the economy, now?
lots of econ retards ITT.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696409) |
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Date: May 15th, 2012 12:54 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:04 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:08 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:18 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:24 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:31 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:35 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:29 PM Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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 12:49 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.
"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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696585) |
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Date: May 15th, 2012 3:40 PM Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.
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 4:00 PM Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.
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 12:39 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 12:52 PM Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
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: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
(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: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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'
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697204) |
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Date: May 15th, 2012 7:00 PM Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:
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: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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 6:29 PM Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698934) |
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Date: May 15th, 2012 8:45 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
Doublespeak?
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698967) |

Date: May 15th, 2012 5:08 PM Author: ...,.....,,,....,,,,,,....,,,.,.,,,,..,.,,,.......
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: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
lol
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698944) |

Date: May 15th, 2012 5:14 PM Author: ..,.,;..;...;:..;.,...;..,..:.,....
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.
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697665) |
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Date: May 15th, 2012 8:42 PM Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)
(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698938) |
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