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There Goes Greek GDP: Nazional Lampoons Greek Vacation Just Got Cancelled

Tyler Durden's picture


As if the Greeks haven't suffered enough from Northern European actions (admittedly in response to their own actions), it seems the anti-German sentiment is keeping the wealthy tourists away from the beaches. As Reuters notes today, 'German tourists are in short supply in Greece these days, frightened away by reports of visceral anti-German sentiment in some places'.  Data for the main summer holiday season shows pre-bookings from Germany down by some 30 percent. We guess the pictures of Molotov cocktails being thrown, city-wide strikes, and cardboard cities full of unemployed youths was too much but as one Greek tourist-shop-owner clarified "They're not coming because of the problems. But we don't have a problem with German people, only their government." Tourism - the one remaining possibility for Greece to drag themselves out of the quagmire (aside from olive oil and yoghurt) - is now under pressure as The Germans ("That's just the way Germans are: if there's trouble in some country, then Germans just don't go there on their holidays.") wage "an economic war against Greece". Sadly the xenophobic and nationalist tensions are indeed rising (as we warned many times in the past - and suggest will be the ultimate undoing of the political compact in Europe) as the crisis had revived anti-German sentiment from World War Two that most thought had long since disappeared. "The Greeks moved on and tried to forget, then this. If you ask me, Germany owes Greece billions for all the murders and war crimes. Germany should pay Greece what it owes."


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Wed, 04/25/2012 - 19:24 | 2375224 Joebloinvestor
Joebloinvestor's picture

They can always vacation in Florida.

They only murder British vacationers there.

Wed, 04/25/2012 - 20:27 | 2375305 junkyardjack
junkyardjack's picture

When they go to score some crack in the ghetto...

Thu, 04/26/2012 - 00:17 | 2375617 Freddie
Freddie's picture

I guess you are talking about Sarasota or St. Pete FL where the two white British tourists were murdered.  They were not buying drugs.   They were walking and went down the wrong street.  it was all diagramed in a UK newspaper.   The feral murdering sh*t in the ghetto murdered them for no reason.

Wed, 04/25/2012 - 22:01 | 2375422 10mm
10mm's picture

Just so long the Krauts do not where thongs with those pasty white shapely bodys.Yuk.

Wed, 04/25/2012 - 19:55 | 2375270 walküre
walküre's picture

Why didn't the Greek political whores simply default and declare themselves independent from the EURO experiment? I don't get it. Could be that the political whores are in the pockets of the banker cabal and just negotiated themselves a nice pay cheque?

Some Greek towns have started bartering. Their economy is working. I bet that Greece would be able to flourish like Iceland if it had just tossed the Euro and returned their Drachma.

But that didn't happen. Why not? Why the fuck not? Everyone with just one braincell between their ears can compute that Greece is beyond repair and cannot recover with the Euro. There is no chance in fucking hell that Greece will ever be competitive with the Euro. So why not try to work w/o the Euro?

Again, why the fuck not? Stupid Greeks for enabling their corrupt politicians to steal from the national purse and listening to the propaganda that is blaming Germany and Germans for being shystered into a stupid contract to bail out a country so that the country can continue to meet the debt payments to the mostly foreign banks. It's absolute bullshit that the Greeks haven't lynched their political whores and established a junta government to run the affairs.

C'mon Greeks, you can do it!

Wed, 04/25/2012 - 20:33 | 2375310 Peter Pan
Peter Pan's picture

The answer to that is easy as to why the Greek politicians did not default.

Firstly their fat parliamentary salaries would have disappeared

Secondly, their substantial savings in Euros would have been gutted. The great Venizelos himself has close to 3 million euros in the bank.

Thirdly, the populace once outside the Euro and with full sovereignty reclaimed, would have hung the politicians.

Wed, 04/25/2012 - 22:02 | 2375426 Bunga Bunga
Bunga Bunga's picture

Because Greece is just a nice vehicle to redistribute wealth from average taxpayers into the pockets of the 1%.

Wed, 04/25/2012 - 20:27 | 2375304 junkyardjack
junkyardjack's picture

Greece just wants justice for Treyvon

Wed, 04/25/2012 - 21:21 | 2375371 NOPOMO
NOPOMO's picture

Billions is an understatement.  Try Germany owes Trillions with interest. The Euro is Germany's new "Gas Chamber" for the rest of Europe.

Thu, 04/26/2012 - 11:29 | 2376773 noses
noses's picture

I guess this shows why Greece is knee deep in the shit now. People that dumb will never get a less dishonest government.

Wed, 04/25/2012 - 21:58 | 2375420 10mm
10mm's picture

Sounds like (REPARATIONS) to me.

Wed, 04/25/2012 - 22:16 | 2375440 El
El's picture

I'm not knowledgeable enough about Greece's government to know who caused their problems, but I know who caused ours.


545 vs. 300,000,000 People

Wed, 04/25/2012 - 22:49 | 2375480 3ringmike
3ringmike's picture

always wondered what it was like, to live way back when, during one of the world wars. looks like i'm going to find out.

Wed, 04/25/2012 - 23:03 | 2375492 gnomon
gnomon's picture

Even if the Germans had managed Greece for decades, it would have been all for nought when the Germans left them to their own devices.  Look at former Rhodesia and South Africa.  Some things people have to do on their own.  They either make it or they don't, (even if it takes centuries).  Iceland is the only reformed whore on the planet that I can see right now.

Thu, 04/26/2012 - 01:52 | 2375733 Peter K
Peter K's picture

Yes, we are all victims, bitchezzzzz :)

Thu, 04/26/2012 - 03:14 | 2375804 nicxios
nicxios's picture

Just a couple of facts I'd like to point out:

Germans running Greece, as if only Germans can run things the right way. German companies were fined for bribes and kickbacks that they Greece. Specifically Siemens and ThyssenKrupp.

Germany, as most other European nations, had the advantage of spending only 2% of GDP on defense. Greece has spent 7-10% mostly thanks to Turkey next door. A 5% difference, compounded over decades, is alot of money. 

Nothing against Germans by the way. I have visited and enjoyed Germany. Anyway, Greek citizens and German citizens should be standing together, they're both getting screwed. But it's predictable that TPTB will pit them against each other.


Thu, 04/26/2012 - 11:26 | 2376764 noses
noses's picture

Bosch is preparing to completely write off all Greek debt right now.

Thu, 04/26/2012 - 04:48 | 2375852 Nussi34
Nussi34's picture

The only thing Greeks have learned and worked on in the last 30 years was to ask for money from other countries and the EU.

Thu, 04/26/2012 - 06:52 | 2375951 Bag Of Meat
Bag Of Meat's picture

I'm really disappointed with the comments in here... Really ZHers? So your problems are the fraudulent economic system , AND THE EVIL LAZY GREEKS...
Nice.. you got it all figured out..


Thu, 04/26/2012 - 08:25 | 2376105 Joe A
Joe A's picture

I think Greece and Italy owe the rest of Europe for all the mess old Rome and old Hellas left behind: corrupt democracies and corrupt rule of law. After all, Western democracies are modelled after them.

Pointless to look for compensation from the past.

Thu, 04/26/2012 - 14:58 | 2377569 Bag Of Meat
Bag Of Meat's picture

They also left behind medium sized pinuses... scumbag ancients

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