prison/con.net
Member
- May 21, 2015
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i got a newsflash for you, it started a LOT earlier than 1984. Like 1894
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You understand most Greek shipping is oil containers, right? Want to ride in one?Greece should have been using it's national industry - shipping - to bring tourists to Greece for free. It would have been a Tourist Stimulus. It's one of the most desirable destinations in the world, and people from around the globe would be bringing in hard currency, filling hotels, restaurants, bars. They could make deals with their ship companies to compensate them, with tax eliminations, etc.
They make cruise ships, dumbass.You understand most Greek shipping is oil containers, right? Want to ride in one?Greece should have been using it's national industry - shipping - to bring tourists to Greece for free. It would have been a Tourist Stimulus. It's one of the most desirable destinations in the world, and people from around the globe would be bringing in hard currency, filling hotels, restaurants, bars. They could make deals with their ship companies to compensate them, with tax eliminations, etc.
What a dunce. I dont even know why you bother posting.
What is going on today started in the 18th century. Both parties equally trashed this place. Your party favor had just as much responsibility for what is going on as the other. Yes, yes, yes... I know... denial is a nicer place, but really... stop pointing the finger at others when yours have gun resin on them too.What happens when more people depend on government spending than the number who contribute? Well, you realize what happens when leftist politicians take you on an unsustainable course. Since you always run out of other peoples' money, the only end is that eventually you will collapse under your own weight.
Instead of making needed cuts in spending and making the necessary changes to recover, they will now have nothing.
I see no difference in the policies the Dems are embracing here. Are they wanting us to collapse or are they so ignorant that they think they can do the same thing that's been done before and have a different outcome for once?
Politics Under weight of massive welfare state Greece about to default on IMF loans Best of Cain
Sure they do.They make cruise ships, dumbass.You understand most Greek shipping is oil containers, right? Want to ride in one?Greece should have been using it's national industry - shipping - to bring tourists to Greece for free. It would have been a Tourist Stimulus. It's one of the most desirable destinations in the world, and people from around the globe would be bringing in hard currency, filling hotels, restaurants, bars. They could make deals with their ship companies to compensate them, with tax eliminations, etc.
What a dunce. I dont even know why you bother posting.
That pretty much cut through all the bullshit and summed it up nicely. Thanks.Greece is the way it is because the Greeks don't want to work. They are entitled to welfare.
The expectation was that Germany would support them . Germany said no.
The banks did not force Greece to borrow. They FACILITATED Greece's borrowing. That's how banks make money, tard.
Greece was a shitty credit risk that wanted money. In normal circumstances, the world market would say to such a country, "Tough shit" and Greece would be unable to get its hands on the money.
But Goldman Sachs found a way for them. "Here", they said, "we will use the magic of derivatives to transfer risk from the shitty borrower to the rube lenders. It's been working wonders in the world housing market!"
Oopsie!
Same model. Same timeframe.
If you are a rube from the country with bad credit who wants money to buy some hookers and blow, and across the table from you is a banker schooled in the world of high finance, who is more to blame for you getting a loan?I arrange a loan to a horrible borrower, and get a fee. I immediately pass the paper for that loan to a sucker. The risk is out of my hands, and now I have more cash to make more bad loans, and make more fees. All the while, all that bad debt is getting passed on to rube private investors who buy into my hocus-pocus marketing gibberish. I even convince the ratings agencies that toxic debt is AAA gold! MWA-HA-HA-HA!
The day of reckoning will come when it is time to revolve all that bad credit, and the house will crash down. But don't worry, the government will rescue the rich investors, and the public will assume all that toxic debt. Yay capitalism! Nothing wrong here!
Even better, the very public I just fucked up the ass will say...get this... I was forced to make those bad loans! You will never never never hear ME say it, but THEY will. BWA-HA-HA-HA-HA!
Oh my god, it's so unfuckinglybelievably good to be in this life.
If you call a hit man and say "I want to kill XXX," who is more at fault for the murder?
Who is more to blame: Populist government politicians with the IQs of gnats who want to buy some bread and circuses, or the bankers who got them the loans?
The banks did not force Greece to borrow. They FACILITATED Greece's borrowing. That's how banks make money, tard.
Greece was a shitty credit risk that wanted money. In normal circumstances, the world market would say to such a country, "Tough shit" and Greece would be unable to get its hands on the money.
But Goldman Sachs found a way for them. "Here", they said, "we will use the magic of derivatives to transfer risk from the shitty borrower to the rube lenders. It's been working wonders in the world housing market!"
Oopsie!
Same model. Same timeframe.
If you're playing basketball, and go for a dunk so hard that you break the glass, you can say; Oh shit, sorry, didn't know that would happen.They weren't trying to crush their own country.Greece will pull the EU down, possibly trigger a depression there, that will, more than likely come here.What happens when more people depend on government spending than the number who contribute? Well, you realize what happens when leftist politicians take you on an unsustainable course. Since you always run out of other peoples' money, the only end is that eventually you will collapse under your own weight.
Instead of making needed cuts in spending and making the necessary changes to recover, they will now have nothing.
I see no difference in the policies the Dems are embracing here. Are they wanting us to collapse or are they so ignorant that they think they can do the same thing that's been done before and have a different outcome for once?
Politics Under weight of massive welfare state Greece about to default on IMF loans Best of Cain
since everyone saw it coming or was told it was coming, I have to assume this was the plan.
No party would intentionally crush it's own country unless that was the plan.
They were trying to buy votes. And they figured that a little more here and a little more there, wouldn't make much difference.
Just like here.
And they are getting the inevitable result.
Just like here.
then give them more money.Greece will pull the EU down, possibly trigger a depression there, that will, more than likely come here.What happens when more people depend on government spending than the number who contribute? Well, you realize what happens when leftist politicians take you on an unsustainable course. Since you always run out of other peoples' money, the only end is that eventually you will collapse under your own weight.
Instead of making needed cuts in spending and making the necessary changes to recover, they will now have nothing.
I see no difference in the policies the Dems are embracing here. Are they wanting us to collapse or are they so ignorant that they think they can do the same thing that's been done before and have a different outcome for once?
Politics Under weight of massive welfare state Greece about to default on IMF loans Best of Cain
since everyone saw it coming or was told it was coming, I have to assume this was the plan.
No party would intentionally crush it's own country unless that was the plan.
are we looking at a government take over?
the UN running everything?
I used to laugh at people that talked about the "new world order", now, not so much
Well, at least I don't need to ask how stupid you are.
In 2014, the GDP of Eurozone was worth 13.4 TRILLION USD.
Greece's GDP: 249 BILLION DOLLARS
249 / 134000 = 1.8%
The GDP of Greece is worth 1.8% of the entire Eurozone.
That is like a gnat on the back of a donkey.
What happens when more people depend on government spending than the number who contribute? Well, you realize what happens when leftist politicians take you on an unsustainable course. Since you always run out of other peoples' money, the only end is that eventually you will collapse under your own weight.
Instead of making needed cuts in spending and making the necessary changes to recover, they will now have nothing.
I see no difference in the policies the Dems are embracing here. Are they wanting us to collapse or are they so ignorant that they think they can do the same thing that's been done before and have a different outcome for once?
Politics Under weight of massive welfare state Greece about to default on IMF loans Best of Cain
What happens when more people depend on government spending than the number who contribute? Well, you realize what happens when leftist politicians take you on an unsustainable course. Since you always run out of other peoples' money, the only end is that eventually you will collapse under your own weight.
Instead of making needed cuts in spending and making the necessary changes to recover, they will now have nothing.
I see no difference in the policies the Dems are embracing here. Are they wanting us to collapse or are they so ignorant that they think they can do the same thing that's been done before and have a different outcome for once?
Politics Under weight of massive welfare state Greece about to default on IMF loans Best of Cain
What happens when more people depend on government spending than the number who contribute? Well, you realize what happens when leftist politicians take you on an unsustainable course. Since you always run out of other peoples' money, the only end is that eventually you will collapse under your own weight.
Instead of making needed cuts in spending and making the necessary changes to recover, they will now have nothing.
I see no difference in the policies the Dems are embracing here. Are they wanting us to collapse or are they so ignorant that they think they can do the same thing that's been done before and have a different outcome for once?
Politics Under weight of massive welfare state Greece about to default on IMF loans Best of Cain
An alcoholic can't get drunk if you cut him off. Is it illegal to sell alcohol to an alcoholic? Not when you get to write the rules.
Greece was the alcoholic, and Wall Street was the bartender that kept pouring. And that bartender made sure Congress didn't outlaw serving booze to drunks.
And now Greece is running people over while the bartender banks his profits.
Along comes Rabbi, "Was anything illegal done by selling that booze to Greece?"
Yes, the EU tried to pump them up, it failed. Who is going to pump up the USA ?
Our problem is not the same problem as the EU. We can easily solve our problem tomorrow. We have at least six options open to us, some of which Greece does not.
But the best solution is for everyone to get off the government tit. You, me, everyone.
Unfortunately, most of you retards can't see you are sucking off way, way more milk than those negroes on food stamps you hate so much.
Which is EXACTLY the justification the broker-dealers used. "If we don't do it, someone else will, and we will lose out on the fees."An alcoholic can't get drunk if you cut him off. Is it illegal to sell alcohol to an alcoholic? Not when you get to write the rules.
Greece was the alcoholic, and Wall Street was the bartender that kept pouring. And that bartender made sure Congress didn't outlaw serving booze to drunks.
And now Greece is running people over while the bartender banks his profits.
Along comes Rabbi, "Was anything illegal done by selling that booze to Greece?"
Maybe you don't know any alcoholics.
I do.
What happens is that if the alcoholic can't buy booze at one place, they'll keep going from place to place to place.
You're learning!