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THe MYTH OF TSiPRaS...
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The juxtoposing of Tsipras' body is simply brilliant!
I"m amazed that no one has caught this yet..
Banzai is the man!
Health Ranger unveils 3-D printed home hydroponics system that does not need electricity – VIDEO
Merkel is a giant, Golieth, a behemouth. Too bad Tsiparas wasn't David.
the name of the game is bailout folks. just jockeying for position unfortunately
i think it may be too early to call them out yet as floppers.. I still have a shred of hope...
They talk the talk, but can they walk the walk
Greece needs the Euro more than Germany and the Euro needs them. even with Grexit there will still be Euros in Greece, investment and trade with Euro-currency countries. in some ways its like the vaccination problem. if one person in a hundred does not get vaccinated, they still benefit from immunity brought about by the vaccination of the other 99. the wealthiest and by implication best educated families are the ones who have opted out of the complete vaccination program, and why not, measles hasn't killed nearly as many people as the flu. and of course the black swan event in vaccinations is autism, stealthily denied connections, if its your child (portfolio) risk aversion should be in the (financial) bill of rights, end financial and medical repression.
They need to make an example out of them if they do leave the euro,
just to keep the rest of the phlebs in line.
Tsipras is a simple kommunist who is unable to recognize and practice the urgent exit of Greece from the Euro.
Otherwise Greece people all will be executed by the Euro because they never can effort interest and repayment of all the credit they got and will get as long as staying in the Euro. Moreover the country will stay as an bad example for all other members of the Eurozone and ruin the other and itself that way too.
Nice try Wm. but the situation should be reversed. The skinny. German taxpayer should be supporting the fat, Greek marxixt! ;-)
LOL, great video
at a cost of being boring for the peanut gallery, a repeat of a small back of the hanky calculation of what the current scuffle is really about
- as a reminder, Greek GDP per person, at roughly EUR 17’000, is still higher then that of Portugal, Estonia, Slovakia, Lithuania and Latvia (EUR users) and that of the Czech Republic, Poland, Croatia, Hungary, Romania and Bulgaria (non-EUR users)
- In 2014, according to the OECD sources, Greece collected taxes on personal income of 13,5 billion, on corporate income of 2 bn, on social security contributions for 22 bn, on property for 3.6 bn and on goods/services/VAT of 25 bn, for a total of 65,4 billion EUR Greek tax income
- Broken down to the roughly 10 million Greeks, Tax collected per person is at roughly 6’500 Euros per Greek, man, woman or child, which is equivalent to a tax burden to GDP ratio of 33%, which is the OECD countries average
- The government debt service… to simplify, thee quarters of the Greek debt is in the hand of the bailout nations, and does not pay interest until 2023, which means that the only debt that has to be serviced for the next years is that on the markets, which is the equivalent of 40% Debt-to-GDP, instead of the scary 170% total
So what is the whole thing about? From a point of view of an average Greek, the state collects 6’500 EUR from him (directly, indirectly, but at the end, from him), which is an average tax burden, among OECD countries
The real fight is about how much deficit or surplus, with the european partners asking for a budget surplus of 4%
Traduced to the average Greek, this means that of those 6’500, some 260 per head should not be spent, and set aside (yes, even to pay down debt), while the Greek Government would prefer to spend more, i.e. nearly the whole income, and differently
Of course, EUR 260 per person is not irrelevant, particularly in a country where many make less then EUR 500 per month
And so the Greek government is trying to find different things it could economize on in it's budget in other fields then suggested, to the tune of 7 bn, i.e. 700 EUR per Greek
in a balanced bugdet environment, the decision is not about "guns and butter, how much of each" but of "guns or butter". Let's see what Varoufakis will propose to cut
Meanwhile, nearly all the talk in the media is about the debt, not the budget, and numbers are hard to get, then they could spoil the various narratives
yes, they collect a lot of taxes in greece, this is a set of numbers i also like to give to people when i hear the tired out BS of greeks dont pay anything.
as for saying 'whats a few percent', this is the classic problem with the growth of systems like this: it's painless to expand, even a lot, but to contract even a _tiny_ bit is catastrophic- this whole category of systems, of which the greek state is merely one small example (our whole economy, and the financial subset of it as well, are also examples) ... this whole category goes totally apeshit with even a microscopic contraction. There is no flexibility in that direction, shrink the pie even a bit and the whole rotten mess comes down.
of course, thats the best thing that could happen for us, but thats also the simplest explanation for why those in power will fight with everything they've got to keep this circus going as long as possible..
to be more clear about such systems going apeshit , consider a 4% reduction in a couple systems:
in a population of bacteria: 4% of the billion organisms die, ok BFD..
how about a 4% reduction in a single organism: you must become 7 cm shorter today. Where do you choose to cut? from the top of your head? your feet? something from the middle?
But when you were just a lad, you were half as tall and just fine!
I'm not saying there's no fat to cut in greece. There is a lot of fat to cut in greece. but the whole economy is what's shrinking and will continue to do so, and the collapse of a fraud called socialism, or a fraud called finance, or a fraud called debt, are themselves all kind of the side show in the bigger picture, which is , the economy is contracting and (along with most of the rest of this civilization, inseparably attached to the economy) is going apeshit.
oh, also consider that the government does every trick it can to inflate the GDP numbers in greece , since many things (including the EU debt percentages) are based on GDP numbers... quite contrary to the state-worshippers who claim there is lots of hidden GDP in greece just waiting to be taxed, the real GDP is probably a fair bit _lower_ than the numbers published. The tax revenues collected, however, is an actual number of money actually collected.
Is Merkel photoshopped? I can't tell if that is real or not.
Yeah maybe the lips.
Breasts too large, gunt not hefty enough. Definitely Photoshopped.