The Trouble With Greece

12 Replies to “The Trouble With Greece”

1. Is that eventually you run out of German peoples money.

2. And we’re just hearing about this now? Nine months later?

3. Greece has a future as the EU’s cottage county where EU fiance elites will buy beach front property for 5 cents on the dollar. They’ll let them stew a while in poverty then make an offer.

4. Greece is only a side show. The cost of propping it up is inconsequential.
   The real global issue is Japan and China. Continuing stories of a Chinese debt baloon that is hidden behind Chinese accounting. Real estate speculation is hugh.
   Japan is trying desperately to devalue it’s currency as refinancing debt becomes impossible. By the time Enbridge gets approval for Northern Gateway it won’t make any dif as there will be no buyers.

5. And America will soon owe 18 trillion dollars.
   That will be $3,000 dollars for every man woman and child on this 6 billion world.
   Don’t ever stop space exploration.
   We need more planets to conquer and force them to take our debts.

6. What do you want to bet that the ‘skeleton staff’ will include a full compliment of administrators?

7. My socialist family in Regina is in agreement that the greeks simply need to start paying their taxes, and then everything would be just fine again in Greece.
   When I point out that no business can exist in Greece if it vows to follow all laws, they respond with, “they need better government” …
   I don’t recall the last time I visited and saw something other than the CBC on their Tv.

8. California’s always on the cutting edge: http://www.bloomberg.com/news/2010-06-29/california-cities-start-shutting-down-police-forces-to-close-budget-gaps.html
   (I’ve heard the exact same thing re. California too, BTW. “If only they would just make the rich/1% pay…”)

9. They are reinventing Greek fire. Only this time its being used on them.

10. Yes, isn’t socialism wonderful.
    And, marc in calgary, it is tough debating those that think they will get it right next time and that there is a money tree under that rainbow, which is just around the corner of Marx and Engels Street.

11. I’ll quote Ayn Rand for the umpteenth time: “Reality always avenges itself.”

12. It has happened several times in NL, that small towns
    have run out of money. It’s not just the Greeks who are
    financially feckless.
    On the other hand, with the towns in question, it may
    be that the townspeople decided that the services
    provided weren’t worth much. Oh yes – some of the
    problem came from federally-mandated clean water
    measures.