Why does everyone care about Greece so much?

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Old May 16, 2012, 10:09am   #25
 
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Re: Why does everyone care about Greece so much?

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Old May 16, 2012, 10:15am   #26
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Re: Why does everyone care about Greece so much?

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Originally Posted by new_trader View Post
WTF? Can you imagine what a pizza would be like without Kalamata olives?!
Pizza with kalamata olives? NO PLEASE,NO.
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Old May 16, 2012, 10:16am   #27
 
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Re: Why does everyone care about Greece so much?

Countries in Northern Europe need a country with a Mediteranean coastline for cheap holidays in the sun. Spain, Italy or Portugal would do but Greece tricked their way into the Euro so they have been chosen. I will be having warm Mediteranean holidays on Greek Islands for $200 per week within one year. It is a Franco/German plan.
Just as Mexico suffers being a holiday destination neighbor to the USA. Greece has to go.
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Old May 16, 2012, 10:25am   #28
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Re: Why does everyone care about Greece so much?

Germany is the only country that is making money nowadays. They do not mess around, they set the rules and they are profiting. Is just a matter of time before they get in trouble again.
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Old May 16, 2012, 12:56pm   #29
 
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Re: Why does everyone care about Greece so much?

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In a world of managed fiat currencies it baffles me how anyone can think that currency manipulation is going to give one country an advantage over another. There is zero logic to this argument. A country has to live within its productive capacity. They either have to become more productive or cut spending. But Governments hate to cut spending, so rather than being limited to living off the revenue it gets from taxing the productive sector of the economy, they engage in ever increasing deficit spending and promising to pay for it all by taxing the rich more and more...the socialist ideal!

Two pizza shops on the same street operate within the same currency regime so they can’t manipulate currencies in order to compete with one another. They each have to find ways to outcompete by being more efficient and more productive. Somehow, Governments have duped the brain-dead masses into believing that things work differently in the international arena.
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Old May 16, 2012, 1:00pm   #30
 
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Re: Why does everyone care about Greece so much?

That's really not the point of the article
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Old May 16, 2012, 1:02pm   #31
 
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Re: Why does everyone care about Greece so much?

and this weeks interweb word du jour: Grexit

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Old May 16, 2012, 1:25pm   #32
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Re: Why does everyone care about Greece so much?

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Originally Posted by new_trader View Post


In a world of managed fiat currencies it baffles me how anyone can think that currency manipulation is going to give one country an advantage over another. There is zero logic to this argument. A country has to live within its productive capacity. They either have to become more productive or cut spending. But Governments hate to cut spending, so rather than being limited to living off the revenue it gets from taxing the productive sector of the economy, they engage in ever increasing deficit spending and promising to pay for it all by taxing the rich more and more...the socialist ideal!

Two pizza shops on the same street operate within the same currency regime so they canít manipulate currencies in order to compete with one another. They each have to find ways to outcompete by being more efficient and more productive. Somehow, Governments have duped the brain-dead masses into believing that things work differently in the international arena.
Keep it up mate, I can see that you are very much in to politics, a bit on the right side...

Do you know that there is a new breed of politicians growing stronger in Italy (movimento 5 stelle) and in Germany (Pirates), defined by the "system" as apolitical and in my view very active trying to change this stagnated and very controlled(by few) society.
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