Alexis Tsipras' "open letter" to German citizens

Discussion in 'Economics' started by Tsing Tao, Jan 29, 2015.

  1. really? You start a thread and then when people join with an adverse opinion and call out your made-up (non)facts you accuse them of trolling? Looks more like you have nothing else up your sleeve and pretty much ran out of arguments.

    Ha, so you paste a post which is not even your original work and say it basically answered your thread title? Are you retarded? Why do you not sit in your basement then and read the story for yourself? No need to interact with others. Why did you put up the first post if that is all you needed?

     
    #281     Feb 7, 2015
  2. Good, at least Deutsche Bank could get compensation for its losses, German folks are therefore fine. We can now let the titanic sink, the helicopter picked up the folks that paid for insurance ;-) I decided to respond with like comic.

     
    Last edited: Feb 7, 2015
    #282     Feb 7, 2015
  3. No more bailout money with strings? This is hilarious. Is this the first line from Jon Stewards Daily Show? Absolutely priceless!!!

    :):):):):):):):):):)

     
    #283     Feb 7, 2015
  4. Sooner or later EU zone will explode , too many disparities in terms of corporate taxes, industry specialization , minimum salary ...
    So the sooner the better
     
    #284     Feb 7, 2015
  5. Have we not heard the very same story for more than two decades now? How many hedge funds have gone belly up putting money on the line with the exact same statement...Greece defaulting will not grant your wish so much is sure. After all 92% of the bailout funds have gone to satisfy Greece's creditors according to your friends on this thread.

     
    #285     Feb 8, 2015
  6. My point is even after all theses efforts, the situation in Grece does not improve (debt is 175% of the GDP , so I think that creditors, Germany in particular, will be fed up to pay for Greece and can encourage to leave the Eurozone.
     
    #286     Feb 8, 2015
    Tsing Tao likes this.
  7. it did not improve beyond some initial success because Greeks rejected to adjust the way they live and spend money. Imagine banks and mortgage lenders as well as mortgage borrowers continued to engage in reckless credit risk events, I can assure you that the same firms that were bailed out before would not get bailed out a second time around. Greece had the chance to turn around and realize that their chosen life style and how government is run is not maintainable anymore.

    Austerity by the way has shown that the debt to GDP ratio came down by quite a respectable amount once troika entered the country and forced progress (the ratio came down from 175 or so levels to 140-150 levels). Too bad Greeks have chosen to kick them out and revert back to their wasteful way of life. And yes, Europe is fed up and I do not think anyone trusts Greece anymore anyway. Once a liar always a liar.

     
    #287     Feb 8, 2015
  8. d08

    d08

    That seems to be inevitable but there will be other unions formed. I think Germany is keen to join an union with Austria, Netherlands, Belgium, Denmark, Sweden, Finland and Norway...possibly also with Eastern Europe as whatever is said about these countries, the debt levels are much healthier compared to the Western members and there is no hostility towards Germany (except from Poland to some extent).
    The Mediterranean scheming/gaming attitude in economics is just too different from the North to work together.
     
    #288     Feb 8, 2015
  9. Tsing Tao

    Tsing Tao

    Good speculation, but that's all it is. Are you saying no Brits or Americans ever visit Greece? I'm American, and I went to Greece a few times. I also know quite a few Americans who love Santorini and have gone several times. I disagree with your opinions. Next.
     
    #289     Feb 8, 2015
  10. Tsing Tao

    Tsing Tao

    I'm not Jewish, so you'll have to find other reasons to hate me. Sorry.

    As I said, I'll post about what I feel. I don't need a "Content Nazi" telling me what I have to post about, thanks.
     
    #290     Feb 8, 2015