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What Happens Next In Greece (In 1 Simple Flowchart)
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The criminal actions by troika in Greece: A revealing documentary by ARTE (English subs)
Throw those pathetic Greeks out of Europe already. It´s just a worthless third world country that doesn´t belong to Europe anyway.
Nowhere on the flow chart is, "Scream like your hair is on fire and run out of the building."
That's a bit harsh, Greece is a cornerstone of what it means to be European. It was Greece that stood and kept Asia out for centuries. They developed the idea of self rule. They also were an advanced scientific culture nearly 2,000 years ahead of their time. It was religion and barbarians who shorted out their science. Had it been allowed to continue on as it was, man would have walked on the moon a thousand years ago.
But I will grant you that modern Greece is a cesspit of under-development and entitlement. They had NO BUSINESS being added to the EU. They failed to meet EU standards for debt and for financial position. But Goldman Sachs and corrupt EU officials conspired to add Greece. Germany then lent them billions to buy German products and nevre asked how this was going to be repaid.
I see no hope for Greece. They need to leave the EU, as they never belonged there. Only when Greeks are starving in the streets will they begin to go to work and beging to actually work. Till then, they will seek free money and early retirements.
Um, it was Romans that did them in (and rampant homo-pederasty). But nice attempt at side-swiping "religion".
my guess from his previous comments is that wolfer is from east germany ... he doesnt seems to have any knowledge of the history or the world, except repeats whatever MSM is telling him ... one of intended consequences of communism.
wolfer do yourself a favor and educate yourself ... here is start:
http://www.gbt.org/text/sayers.html
@ Jack Burton
The role of the ancient Greeks in human history is absolutely overrated. They are just part of an greater process of human development and far from being a "cornerstone" or a "birthplace" of anything. And in regards to the role of todays "Greeks" we are in perfect agreement anyway.
Someone explain to me please who exactly DID belong in the EU?
And how many of them joined under the corrupt situation described by your post about Greece?
Germany. That's pretty much it. The rest were dragged in kicking and screamign against their will. From a supposetly "economic union" EU has quickly morphed into a political one where Bruksell tells the countries what they can and cannot do. Poor fux, and here as a European myself, I thought we the Europeans were smart and won't fall for such BS...
The core of the EU is the old Frankish empire of Charles the Great. France, Germany, Benelux Austria and Italy. The rest of Europe is free to join if they want but they have follow the rules. Hint: Those rules have absolutely nothing in common with a Greek lifestyle.
that is, frankly, utter bullshit, particularly the "The rest were dragged in kicking and screamign against their will"
a few reminders:
- the founding members of the EU were France, Germany, Italy and the three BeNeLux countries
- accession to the EU meant many, many treaties, and still means that. the EU is a treaty-based organization
- each and every one of those treaties meant a vote in the national Parliaments
so in short, if you want to make the case that the eastern countries were dragged into, then do it. but spare the troglodyte case of putting it as if the western countries were "dragged in kicking and screaming", because it is just that: bullshit
I think Wolferls actual wording is relevant and more insightful than he/she may have intended/understood; "doesn't belong TO Europe anyway."
Even if English is not my native language i choose my wording pretty carefully usually. Yes, it´s "to Europe" and not EU or Eurozone.
Greece sure doesn't belong to Europe, no country/nation does for that matter. But don't attribute that level of thinking to someone like Wolferl, he's been a cancer in all comment threads about Greece.
Europe hating ´Murican, i presume? Surprise, Europe actually exists. And it´s not only a continent.
.
This blank post makes the most sense of all your postings.
They belong in the EU, but not the Eurozone.
Oh yeah, ancient Greece was SUCH a perfect model of the so called "democracy". The ONLY people who could vote were the rich while the women, the slaves and the poor had NO say in the matter. Gee, whataminit, this kinda reminds me of somebody else...lemme think for a minit here, oh yeah, the modern US of A(wimin didn't get voting rights in the supposedly freedom and democratic USA untill the 1930s)! Imagine that!
Fantasy fables never end.
What a load of hogwash you just posted. Judging the cultures and mores of the past by the standards of today's world is the surest sign of feeblemindedness that I know of. Your history teachers should have taught you better than that.
It was deemed perfectly logical in the past that the electorate should be comprised of only those who had the greatest stake in the governance of the country, ie the wealthy and the actual landowners. Personally, I think that is a pretty good model and one we should seriously consider emulating today, just to get the Free Shit Army out of the electorate so that they can stop voting themselves a stipend and other bennies from the public monies.
Judge a culture by the standards of its own time, not those of your own. Otherwise you force your vision into myopia.
Soo, you agree it´s just BS when some say the ancient "Greeks" invented "democracy". Since you say you must not compare cultures of the past and today?
I'll say it because you seem to be out of the loop. There is a reason why the women and the poor have not been allowed to vote in most traditional societies. Women, slaves and poor = uneducated. The slaves and poor for lack of time to dedicate to studies and political analysis. Women, on the other side, because a woman with the desire to partake in and decide of matters of leadership is preposterous and indecent. A woman does not apply strong power without being subjected to extreme stress therefire a woman with political convinctions she wishes to impose on the entirety of her society is inherently defective. See feminists for an example of defective women. You don't like how it sounds? It's no different from saying that leadership in itself is a form of violence, let alone politics as an art, which is worse than warfare. A woman willing to partake in an act of violence worse than warfare clearly has to be deranged, am i not right? They were forbidden to vote, because voting for women was either unnatural or some man's attempt to double his own vote. Finally, thank your universal suffrage for Hillary 2016.
"Fantasy fables" never end indeed. To think there are so many people on ZeroHedge with pure, unadultered liberal notions so deeply radicated in them that they use them as sarcasm against the golden age of the USA (pre-'29). They must be here out of frustration with said liberal ideals not granting them the supreme happiness they desperately want to believe it does...
Jack Burton: "Only when Greeks are starving in the streets will they begin to go to work and beging to actually work. Till then, they will seek free money and early retirements."
A few years ago, we had a couple of kids at a private daycare, that was owned by a really nice Greek-American couple in their 50s. The woman went to Greece 2x/yr for health reasons. While there, she got all her medical and dental work done -- for peanuts, compared to US prices.
Not that I begrudge her or anyone of doing what she did, but the point is... as Jack and many others here have pointed out, Greeks will always look for the ticket on the Gravy Train that is Big Gov. They do this, while making the Tax Evasion an art form, a sport and a point of national pride. For some reason, they refuse to accept that you cannot get more out than you put in.
If 'Corruption' is the culprit, then they need to get off their tanned Tzatsiki & Fetta asses, and end the Corruption. And if the root cause was a Predatory Loan (courtesy of GS and EU-crats), then they need to REPUDIATE said loans, or simply default on them.
They're either part of the Solution, or part of the Problem. There no longer is a middle ground. Pay up, Repudiate, or Default. Enough of the Greek Tragedy cum Comedy!
Sorry, but my sympathy and BS meters have reached their limits.
no problemo amigo ... will push it up the chain and get back to you ASAP ... apologies on behalf of our beloved decision makers for any inconvenience.
p.s. I am beginning to suspect Syriza of playing a double-game, a mission within a mission, an agenda within an agenda. They know damn well that Repayment is no longer possible, and that either Debt Repudiation or Defualt are the only options left.
For some reason, they will not reveal this to the Greek public, even they know in their hearts, that this is the case. All they are doing is playing the game of “Pretend & Extend”, to buy time. “But time” for what? Santa Clause? They already have that – only in an Anagram form: Satan Clause.
syriza, obama, clinton, merkel, draghi .... and so on ... are just pawns.
did you read the book on BIS? how do you think the Governors of main countries can meet every two months for 2 days for almost a century and none in the mainstream media knows anything about it?
they have a meeting of heads of states and it is a circus, here you have these guys meeting every two months ... and what kind of meeting?
a meeting where they discuss everything and the FED deputy Chairman compared it with the FED meetings where they dont even discuss with each other only read prepared statements ... you dig?
how can the governors go to such meetings ... i dont know about you, but I cant go anyqhere without authorization by my boss ... who is the boss? how can these meetings go on forever, without interruptions on administration, personalities and so on ... and no coverage at all...
what else is there to know???
You and Jack Burton and a few others are tin foil hat wearing kingdom of idiots with Wolferl your court jester.
So true Capt. Kirk
They do this, while making the Tax Evasion an art form, a sport and a point of national pride.
Every greek i know in the states does this, then they burn down their pizza place, try to collect insurance, and head home to the Agean mist with a big IRS bill behind them, and even that is based on low estimates.
The particular one I am thinking of had their family work in the restaurant and were rumored to lick the ketchup bottles instead of washing them. I never ate there.
They should do what Charles Smith says and go on the "Dollaria"
They have plenty stashed.
The woman who owned the daycare center must have been well off. People who are well off in Greece of today don't deserve pity. But those who are not so fortunate are the ones suffering. The healthcare system is in shambles. At least 1/3 of the people have no health care. The people without means are the ones who were least responsible for the mess and they are the ones paying for it. I share your frustration with the politicians in Greece. I don't know what game they are playing.
Are you kidding? People are starving in the streets. They are dying to work, but with over 50% unemployent among youth and almost 30% unemployment generally you have to be lucky to find a job in Greece and even luckier if the job pays because many of the employed haven't seen wages for months. If you take one segment of the population-- those who are comfortably well-off and don't want to work-- and generalize it across the society you can come to hate any country. Think of all the rotten people in the US and what could be said about us Americans when our economy tanks.
Better yet, kick Douche Bank in the balls until it screams so the German taxpayers could come to its rescue...
if this greek govt give troika one more euro they will have proven who owns them.
What happened is they've been almost completely asset-stripped.
When the CBer's are finished-they'll let them loose from the EU-but not until there's no meat left on the bones.
I freelance over th? internet and earn about 80-85$ an hour. I was without a job for 7 months but last month my paycheck with big fat bonus was $15000 just working on my computer from my home for 5-6 hours. Here's what i have been doing... www.globe-report.com
Sounds like you're whoring.
Here's the SIMPLIFIED flowchart:
Greece ===> Default
Yes, you sir deserve a drink for putting forth the most high probability outcome. Only the finest Russian vodka for you.
+1. Greefault.
we all know how greeks crise start with mario draghi and goldman in 99...bla bla bla and now syriza is just like all former gov. nice playing with troika. austerrety are in place allready now they start to looping money- cleaning pension fund rase deposite from local gov....
but did eneyone note how ecb lattle encourage bankrun
and bro jhon f did excellente work with spigot off vid.
Outstanding broken English.
Remember, bad news is always already priced in. This is the sixth year of this crap after all.
Apparently, bird flew in Iowa is already priced in too. I mean, this stuff just gets funnier and funnier.
Everything stops with a hard stop... Everything !
Shmehitah - get your house in order. A wiping out of credit is coming
Shmehitah - get your house in order. A wiping out of credit is coming
.
They are creating a chaotic event and assuming they can manipulate the outcome. Italy is my bet for the next "up yours" moment. Tap dancing in a minefield can be quite exciting...for awhile.....
.....until it's not.
You got that right!
Not viable. Nowhere on that chart do I see the words "Chaos", "Panic", "Bank Runs", "War", or "Liquidation."
So, capital controls it is.
The big banks have started talking about outlawing cash, which should tell you everything you need to know about the real economic situation since the proles cannot be allowed to have any say in how they live their lives...ever. If the proles went to a cash, underground economy, bonuses might be affected and banks no longer in control and that can't be allowed....
Here is what should happen:
5. Pipe from Putin
Putin is already laying pipe.
All Putin is doing is pissing in the punchbowl, screwing Russia over is working out great ain't it?
I don't see the word CHAOS anywhere on the flow chart.
nor is there a decision step involving playing "Mustang Sally"
Closed California Walmart Built On Former Military Industrial Complex Site
I heard things have gotten so bad in Greece they're on the verge of having to tap their Strategic Hummus Reserve.
I upvoted you for the LOLz but Hmmus is not a Greek dish. The joke should have been about olives or yogurt :o)
Strategic tziziki reserve
When In Doubt - BailOut
GrecoRus has a nice ring to it!
The financial mandarins have it all sorted out. Ha...ha..ha...
Things are so baaad in Greece that they're leasing condoms. . . but you have to leave a large deposit.
With robot of love who wants to get to know u inside and out!
Its Jubilee time
Greek "options":
ZATO Invades
False-Flag --> ZATO Invades
Turkey (ZATO) and Greece go at it again.
Liberty is a demand. Tyranny is submission.
They blame everyone else is what happens.
ECB withdraws liquidity, no U-Turn, no capital controls.
Results - Greek Banks go bust, foreign (non-EU) banks open branches in Greece and start taking deposits.
Greece becomes a country without a currency of its own, Euro, Dollar, Ruble are all foreign currencies and all circulate side by side.
I nominate Cramer for the scapegoat to all this.
In 10 years Greece will still be here but it will not be part of the EU, and the EU will have morphed into some other dysfunctional organization. The middle east will be a new and worse kind of crazy, and Russia will continue to be a state controlled country. China and Japan will be dominated by its demographics of an older population with few young women as the result of their one child policy.
Who cares anymore?
Send them care packages with cigarettes and flip-flops.
They'll be fine.
What happens in Greece stays in Greece. Or maybe not...
I think the Greeks should move to a new currency, not the Dracma , it should be call the "Dracula" because any new currency is going to suck the life-blood out of everyone.
That sad, who would not want to have a 1000 Dracula note in their wallet?
Max