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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
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#496 |
CINC Pacific Fleet
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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." Markus |
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#497 |
Navy Seal
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Location: Banana Republic of Germany
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Which is Cologne in English for all those not familiar with how German cities are really spelled.
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Putting Germ back into Germany. ![]() |
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#498 |
Let's Sink Sumptin' !
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#499 |
Lucky Jack
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#500 | |
Lucky Jack
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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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#501 |
Let's Sink Sumptin' !
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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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![]() ![]() --Mobilis in Mobili-- |
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#502 | |
CINC Pacific Fleet
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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 Markus |
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#503 |
Born to Run Silent
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SUBSIM - 26 Years on the Web |
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#504 | |
Lucky Jack
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#505 |
Silent Hunter
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Location: Figueira da Foz, Portugal
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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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#506 | |
Navy Seal
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![]() 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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Putting Germ back into Germany. ![]() |
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#507 |
Silent Hunter
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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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#508 |
Dipped Squirrel Operative
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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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>^..^<*)))>{ All generalizations are wrong. |
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#509 |
Chief of the Boat
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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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#510 |
Lucky Jack
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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.
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Tags |
debt, greece |
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