SUBSIM Radio Room Forums - Life and Debt: A Greek Tragedy (merged)

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The Greek Government's kick the can phrase; "We can't be out of money, there are still checks in the checkbook...." :wah:

Something tells me Greece may be staging it's own "Arab Spring" in the near future.

Greece arrests journalist over 'Lagarde List' banks leak

http://www.bbc.co.uk/news/world-europe-20116548

Note: Update record, 28 October 2012 Last updated at 16:28 GMT

Quote:

Originally Posted by Vendor (Post 1953820)

http://www.bbc.co.uk/news/world-europe-20116548

Note: Update record, 28 October 2012 Last updated at 16:28 GMT

Indeed, stinks somewhat. :yep:

Quote:

Originally Posted by Oberon (Post 1953826)

Indeed, stinks somewhat. :yep:

Ya bet,:doh:

Quote:

Originally Posted by Vendor (Post 1953827)

Ya bet,:doh:

Not the sort of message that the government needs to be sending the people...or the military.

Quote:

Originally Posted by Oberon (Post 1953834)

Not the sort of message that the government needs to be sending the people...or the military.

Not only there are major economic problems, things like this may well develop into scandals and corruption grows at high.

Quote:

Originally Posted by Oberon (Post 1953834)

Not the sort of message that the government needs to be sending the people...or the military.

I can't see the government lasting all that much longer, the question is who will remove it, the people or the military?

People might, :hmmm:

Quote:

Originally Posted by Vendor (Post 1954029)

People might, :hmmm:

Only if they have the backing of the military. They have the guns after all. :03:

Quote:

Originally Posted by Oberon (Post 1954036)

Only if they have the backing of the military. They have the guns after all. :03:

Right,:yep:

Quote:

Originally Posted by Oberon (Post 1954036)

Only if they have the backing of the military. They have the guns after all. :03:

I doubt it would become a joint effort somehow.

Quote:

Originally Posted by jimbuna (Post 1954128)

I doubt it would become a joint effort somehow.

It might at face value, but there'd be no question who was really pulling the strings.

Quote:

Originally Posted by Oberon (Post 1954133)

It might at face value, but there'd be no question who was really pulling the strings.

My concern would be the military backing a small left wing faction and keeping them in power as puppets....something the Euro countries would have great problems with.

Greek government gets key backing to pass reforms

Quote:

(Reuters) - An overwhelming majority of Greek Socialist lawmakers have agreed to vote in favor of contested austerity reforms, party officials told Reuters on Tuesday, sharply increasing the odds of securing parliamentary approval for the measures.

Quote:

Near-bankrupt Greece needs to push through spending cuts and tax measures worth 13.5 billion euros as well as a raft of reforms to appease EU and IMF lenders and secure bailout money needed to avoid running out of cash next month.

After months of negotiations on the austerity plan, Prime Minister Antonis Samaras announced on Tuesday that talks had been completed and implored his allies to back the package.

The prime minister's New Democracy party and the Socialist PASOK have between them 160 deputies, nine more than they need for an absolute majority in parliament.

But the third party in the coalition, Democratic Left, refuses to back the proposed new labor laws which could tempt other deputies to defect and leave the government facing an unpredictable vote in parliament next week.

However, the odds of parliamentary approval jumped after Socialist PASOK deputies agreed to back the reforms.

Tough situation.

http://www.reuters.com/article/2012/...89T1BI20121030

Note: Tue Oct 30, 2012 5:42pm EDT

Pointless paying them money...

Here you go Greece...And now hand it back..:doh: