You're right, I didn't research it fully because I could care less about where Europeans vacation. It's like posting a thread about the scientific healing properties of broccoli and someone trying to draw you into an argument on how much broccoli farmers make a year in subsidies, and then having your opponent yell "Aha!!" when you casually remark that you don't know. Therefore your entire argument is invalid. Seriously, doesn't anyone learn to debate anymore? My one and only point is that Greece will be just fine when all is said and done. People will travel there, your silly Shengen argument or not. Just like they do to Turkey, as you pointed out. Fantastic for you. When I clicked on it, it redirected me and asked me to login or subscribe. So tourism can't improve, is your argument, even with a cheap drachma (which would make it cheaper for everyone outside the EU than it is on the Euro). Not sure I follow the logic on that, but whatever you say, chief. And I never did disagree that Greeks were mocking, or corrupt, or wrong/right or indifferent. All I said was that they won't repay the debt without restructuring or default or massive, unpopular reforms (which will never happen). And that Tsipras was right when he said more debt cannot solve a debt problem. Holy cow that's exhausting.
Iceland basically went bancrupt right ? They ended up pretty ok. during 98 financial crisis, a lot of IMF austerity action imposed on the bailed out nations are now considered to be excarbating the crisis.
Iceland didn't rely on gigantic subsidies from the EU, has free energy and massive fishing resources with a tiny population.
Yes. I think I mentioned this earlier in the thread, but I can't remember with all the noise and no signal prevalent here.
Still, they were locked out of the debt markets, had a currency crisis and wiped debts clean before strongly rebounding. But it is not an apples to apples comparison, you're right.
If the argument didn't matter then why did you post it? It's a very cheap way to go back on it now. It illustrates to everyone how thoroughly you select your sources. Posting false information as facts is not okay in my book. I suppose you're quite similar to Greeks in that sense and the irony is perfect.
What I posted was my opinion that Greece will be just fine and tourism will grow under a cheap drachma. When you challenged it with your opinion that Europeans would never go to a non-Shengen country to holiday, I figured I'd go look and see where Europeans like to vacation. I found a link and mentioned it. Shall I go back among your 1739 posts to see if you've ever made an opinion without a substantiated source that is approved by the National Speech and Debate Association? The link I posted is a source. If you don't like it, then fine. Your source is better - savor the massive victory, you win the argument on where Europeans like to vacation. Are we finished yet? Give it a rest, dude. The nitpicking on everything does nothing but get folks into flame wars. Is that what you're trying to accomplish?
Here, d08. In case you're still emotionally scarred over the inaccuracy of the link that I used for reference in the highly relevant argument regarding where Europeans like to holiday. Please - with all my heart...
Tsing Tao, tell volpunter to look up comparative advantage theory. i doubt very much he has any economic training, certainly has no business skills. Greece has islands , beaches and no doubt restaurants on beaches. Germany has no beaches afaik, but it does have much manufacturing. Each country plays to its own strengths. Trying to make Greece into Germany doesn't work.