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Old 07-05-15, 04:55 PM   #496
mapuc
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Another thought

Could it be so, the Greece voted no, with the mind set on living as they always have, with the same benefit. Meaning.

"I vote no, so I can keep on living good as I always have. I don't want to see my benefits go away."

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Old 07-05-15, 04:55 PM   #497
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Originally Posted by Penguin View Post
we call it Köln.
Which is Cologne in English for all those not familiar with how German cities are really spelled.
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Old 07-05-15, 05:02 PM   #498
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Quote:
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Which is Cologne in English for all those not familiar with how German cities are really spelled.
Ha! Next you'll be telling us that Munich is really München.

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Old 07-05-15, 05:18 PM   #499
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Which is Cologne in English for all those not familiar with how German cities are really spelled.
Explain Bielefeld then.
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Old 07-05-15, 05:24 PM   #500
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Originally Posted by mapuc View Post
Another thought

Could it be so, the Greece voted no, with the mind set on living as they always have, with the same benefit. Meaning.

"I vote no, so I can keep on living good as I always have. I don't want to see my benefits go away."

Markus
Honestly, I don't think so, because the average Greek doesn't really have much in the way of benefits to go away. As many have pointed out, no matter what way Greece went with the referendum today, it was still going to be majorly screwed over in the immediate future. I think that this vote, if anything, is partially national pride, a determination to stick two fingers up at what has been portrayed as an overbearing European presence in Greek internal affairs. In a way, it's not that much different to all the other anti-EU movements which have been spreading throughout Europe over the past decade.
The Greeks know that hard times are coming, but it will be on their terms rather than on Berlins. In theory at least.

To quote the film 'Gandhi': "Mr. Kinnoch, I beg you to accept that there is no people on Earth who would not prefer their own bad government to the good government of an alien power."
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Old 07-05-15, 05:41 PM   #501
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Argentina is often cited as a precedent for successfully defaulting when it abandoned the policy of pegging it's peso to the dollar. However, Greece faces a number of unique challenges. Unlike Argentina, Greece's economy and foreign policy are deeply intertwined with those of its European partners. Partners whom the Greeks have just greatly annoyed and who have strong incentives to ensure that Greece gets the raw end of the stick for the next few years. Greece also doesn't have a vast quantity of raw materials or finished goods it can export.

And while things went well for Argentina in the short term, they've gone sour with inflation in the long term.
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Old 07-05-15, 05:50 PM   #502
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Honestly, I don't think so, because the average Greek doesn't really have much in the way of benefits to go away. As many have pointed out, no matter what way Greece went with the referendum today, it was still going to be majorly screwed over in the immediate future. I think that this vote, if anything, is partially national pride, a determination to stick two fingers up at what has been portrayed as an overbearing European presence in Greek internal affairs. In a way, it's not that much different to all the other anti-EU movements which have been spreading throughout Europe over the past decade.
The Greeks know that hard times are coming, but it will be on their terms rather than on Berlins. In theory at least.

To quote the film 'Gandhi': "Mr. Kinnoch, I beg you to accept that there is no people on Earth who would not prefer their own bad government to the good government of an alien power."
Thank you for your answer.

I had two things on my mind when writing. Their retirement age is about 53 years. And the EU want Greece to raise it to 67. and their vacation pay, who should be something out of the ordinary was also forced to be changed(have heard it in a news program)

But I'm not an expert on Greece or state economics I can only reply what I read/see and hear on the news and Internet.

And even that is difficult-´cause I seem to get different information depending on which channel I watch or which Internet page I read

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Old 07-05-15, 07:45 PM   #503
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One of these days it will be us

http://www.usdebtclock.org/
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Old 07-05-15, 08:02 PM   #504
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Originally Posted by Neal Stevens View Post
One of these days it will be us

http://www.usdebtclock.org/
Nah, Obamas Communist-fascist FEMA deathcamp dentist Muslims will have enslaved the US and money will be outlawed by then.
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Old 07-06-15, 04:23 AM   #505
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Varoufakis resigns!

We have a expression here, "viram-se gregos para cá chegar!" Translate like someone fell greek to arrive/come/complete something, do to the language beeing hard/complecated to understand.
I think the greeks are indeed felling greeks...
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Old 07-06-15, 04:23 AM   #506
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Originally Posted by Oberon View Post
Nah, Obamas Communist-fascist FEMA deathcamp dentist Muslims will have enslaved the US and money will be outlawed by then.
And people will be forced to marry someone from the same sex.


Anyway, at least that clown Varoufakis has stepped down.
http://money.cnn.com/2015/07/06/news...gns/index.html

Don't think it'll change that much though.

*Edit* Damn you Rhodes you ninjaed me.
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Old 07-06-15, 04:37 AM   #507
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Quote:
Originally Posted by Schroeder View Post

*Edit* Damn you Rhodes you ninjaed me.
Sorry Schroeder, it was my first time!

For what I saw/read in the news, It's to facilitate the new negotiations and deals.
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Old 07-06-15, 05:21 AM   #508
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This is so nice:

Regarding the referendum they urged their followers to vote no, and when they did, the minister retreats.
I thought he would do that after a "yes" ?!

And now he retreats after being accepted, instead of dealing with the mess he created.
You really cannot make this up.
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Old 07-06-15, 05:25 AM   #509
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An interesting week ahead but the warning sign for me will be if, after France and Germany meet and if that meeting is closely followed by the ECB pulling the plug on the Greek banks....the EU intentions will then be crystal clear.
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Old 07-06-15, 05:43 AM   #510
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Unusual step for Varoufakis to take, I suspect that he was given the push because of his comments on Europe. Could well be that Tspiras is looking to take a more conciliatory tone on Europe now that the referendum went in his way. Of course, he's still under the impression that Greece can get a better deal now that it's rejected the offered one. For all we know he could well be right. We are in completely unknown territory now.
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