Surely The Bubbles Arent That Stupid

[bazwillrun]

and really think the eussr will kick them out ?

http://www.telegraph.co.uk/finance/economics/11689460/Greeks-make-last-ditch-Merkel-appeal-as-day-of-reckoning-approaches.html

the last thing the eussr wants is to lose nations...theyll take it to the wire and "do a deal"...and from that moment on theyve got Greece under the thumb..literally...total control as a reward for "helping save Greece"

if the Greeks had any sense theyd get out now, suffer some pain and gradually get their country back under their control not the empire builders of the eussr

[Quizmonster]

Wonderful, isn't it? Someone gets pulled up for an obvious typo - intellible - but in a post which itself contains at least a dozen errors of English!

[Pete65]

Oh, the irony!
OP, I think it is you who should get out a bit more, and you will find that there is a huge English-speaking world out there, who are not remotely interested in trying to understand pidgin English. Do you exist in a bubble? It is 2015, the world has moved on.
Bubbles, for Heaven's sake?
Please make an effort to communicate in an intelligent fashion, especially when you post in News.

[Peter Pedant]

well it is lucky you arent "running" the Greek economy
in the sense that anyone is

at present income tax, VAT and fuel duty are voluntary taxes
and Greek pensions are being paid by the German tax payer - oops

The finance minister is so bad at his job
that GDP is down to 75% of a few years ago
and Gk savers are withdrawing money from the banks and puttng it under the bed

and if they leave now it will get worse and not better - for the reasons see above


for investors - it is lose now or lose later

[Svejk]

^ another one after a moderatorship, lol.

[Svejk]

^ another one after a moderatorship, lol.

[Svejk]

Obviously not you, peter. I was talking to peter.

[Peter Pedant]

// Obviously not you, peter. I was talking to peter//

great ! that has cleared up that then

I was talking about content - Baz has as little understanding of the 'voodoo science' of economics as the Greek finance minister

Grexit is a political decision and not an economic one

[bazwillrun]

@Peter65

Never mind...youll get over it...

poor old quizmonster...your humour by pass op seems to have been a great success.

Too many really sad people on here, who need to get their heads out of a certain place where the sun aint reaching let alone shining

[bazwillrun]

Id say you have even less knowledge PP

so youre saying the bubbles getting out isnt related to its economic woes in any way then ?

[Peter Pedant]

//
Id say you have even less knowledge PP//

yeah poss or even prob

but I am not saying the obvious way to paradise is for the Greeks to exit.
I think that is a dream or even a bubble that would pop

[bazwillrun]

If any of you really think that the eussr want/will allow greece to escape their clutches in any way or form, then youre living in cloud cuckoo land...it will be the ultimate egg on their face moment...they will do whatever they have to do to keep them under their control now and for the future...

do you really think theyre going to let them walk away, debts or not ?...really !

[ichkeria]

"Grexit is a political decision and not an economic one"

Indeed it is. I actually do have great sympathy for the ordinary Greek pensioners etc and I understand why so many people voted for Syriza. The fact remains though that something will have to give.
I agree with mushroom that most likely the whole issue will be fudged and postponed until another time. What most Greeks actually want is for a decision, an agreement, and while Syriza claim to be standing up for the low paid etc, the brinkmanship is just a form of torture really for the country

[bazwillrun]

I did say PP , if they do whats best and get out of the eussr and its grasping tentacles it would be painful and they would suffer but eventually they would get back to some resemblance of a self governing nation state...

[bazwillrun]

Of course its a political decision but part brought about by economic/fiscal problems.....

[bazwillrun]

"self governing nation state... "

which is an anathema to the eussr

[ichkeria]

Try the real world baz.
The alternative for Greece to making an agreement with the EU is a run on their euro which they would have to stop by bringing in a new currency
I'm not an economist, but I cannot see how that could possibly work.
Whatever you might think of the EU and the euro, the alternative for Greece is catastrophe. The same EU that is allegedly the cause of all their problems (it isn't) is actually also the main source of their economic rescue. Which is why I say that they need the EU more than the EU needs them, although the latter does not want them to leave really.
Which is why there will be an agreement eventually. The solution for Greece is to try living within its means, which it has not been doing for years. A country where there is a vast underpayment of tax and yet a vast public spend cannot expect to last. Being in the EU or not being in the EU, it makes no difference in that respect.

[Pete65]

OP. Your post at 9.49.
"Will allow Greece".
A great improvement over "bubbles".
Well done!

[mushroom25]

//a dream or even a bubble that would pop//

in the context of this discussion, a rather unfortunate way of putting the analogy.

:-)

[Gromit]

The EU wants Greece to stay in. The Greeks want to stay in. So a deal will be done.

The Greeks are struggling to make every IMF payment, and a crisis then ensues. So clearly the debt needs to be rescheduled into something the Greeks have a chance of paying.

A Greek exit would have unintended consequences for this country. Those willing it should be careful what they wish for.

[Peter Pedant]

er no intentional one - I thought a happy analogy

Vic Derbyshire on tel now - various Greeks on skype, contributing to the prog, saying no we wont pay taxes - we have voted against austerity - and the Germans MUST go on paying our pensions ....

incredible - we dont wanna pay for our pensions and we voted firmly against 25% unemployment so why do we have it ?

jaw dropping stuff