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another failed nazi state 
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Jun 28, 2015 06:26
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Yaos posted:Why are the south of places always so lovely? Counterpoint: Korea
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Jun 28, 2015 06:27
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Demon Of The Fall posted:Why is China gonna crash, thought they were doing pretty good they were very very good at pretending that they were doing pretty good
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Jun 28, 2015 06:27
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lol this isnt GBS wtf? gnarlyhotep you son of a bitch you tricked me into posting in D&D
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Jun 28, 2015 06:27
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Junk posted:lol this isnt GBS wtf? The thread got moved to D&D. God drat people got too serious. MODS!!!
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Jun 28, 2015 06:28
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Junk posted:lol this isnt GBS wtf? Sorry, sorry! edit: damnit.
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Jun 28, 2015 06:30
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Is there a thread on China that I just haven't been seeing? I was not aware cracks were starting to show in their foundation!
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Jun 28, 2015 06:34
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sincx posted:The thread got moved to D&D. God drat people got too serious. MODS!!! Shitt I need to edit in punctuation and caps. 
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Jun 28, 2015 06:37
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Thunder Moose posted:Fair point but we aren't talking clueless average Joe taking out a housing loan - this is a national government who has people with masters and Ph.D's in economics. The former is immoral for preying on ignorance. Okay but Europe's deal is 'cut your pensions even more' and Greece is going 'can we cut them half as much as that and tax businesses higher?' and Europe is saying 'no, you can't tax businesses, that would be bad for your economy.' Meanwhile following Europe's austerity demands has resulted in skyrocketing unemployment and economic fuckery. I'd say gently caress off, too. e: oh we're in D&D now Moridin920 fucked around with this message at 06:53 on Jun 28, 2015 |
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Jun 28, 2015 06:51
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Moridin920 posted:Okay but Europe's deal is 'cut your pensions even more' and Greece is going 'can we cut them half as much as that and tax businesses higher?' and Europe is saying 'no, you can't tax businesses, that would be bad for your economy.' this is one of the guys who got the thread moved so bitch at him, not me
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Jun 28, 2015 06:53
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gnarlyhotep posted:this is one of the guys who got the thread moved so bitch at him, not me God forbid GBS isn't a constant stream of shitposting 
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Jun 28, 2015 06:54
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Moridin920 posted:God forbid GBS isn't a constant stream of shitposting Uh I think you're supposed to serious post here, genius
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Jun 28, 2015 07:00
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gnarlyhotep posted:this is one of the guys who got the thread moved so bitch at him, not me Can I repost this thread in GBS with the rule that each post can't be more than a paragraph and must include a picture? Or could you just move this back to GBS with this rule in place?
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Jun 28, 2015 07:22
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To be fair on the Greeks, and I'm biased having family there, doing the opposite of what the IMF tells you to do is a tried and true method for economic growth. Syriza have basically nothing to bluff with and are anyway but its a bit poo poo how none of the news seems to mention that the purpose of the IMF is to limit economic growth in developing countries and get them to sell everything to big foreign multinationals. Even the latest news about them calling a referundum on this business has been portrayed like "these crazy leftists are proposing to make an important decision by POPULAR VOTE?????"
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Jun 28, 2015 07:24
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sincx posted:Can I repost this thread in GBS with the rule that each post can't be more than a paragraph and must include a picture? Or could you just move this back to GBS with this rule in place? ahhahhaha no
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Jun 28, 2015 07:24
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I'm in Greece right now and things seem pretty relaxed here, haven't seen any queues at ATMs or old women fainting like some msm reporting
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Jun 28, 2015 07:45
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Hey at least some of us contributed the kind of low effort shitposts that avid gbs readers demand.
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Jun 28, 2015 10:03
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Greece is ungood.
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Jun 28, 2015 10:21
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etalian posted:it's what happens when you give piles of money to lesser beings. Swamp Germans, Mountain Germans, Ice Germans, Island Germans and High Germans
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Jun 28, 2015 11:27
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Daily reminder that Greece is already running a large primary surplus and the main demand of the creditors is that it run a much larger one at the precise moment when this is almost impossible to do, also that Greece do this in the most counterproductive, poor-and-vulnerable-loving way possible, also that the creditors economic demands and policies over the last five years have been a parade of abject failure for everyone dumb enough to choose to listen to them or unlucky enough to have to. This is also a completely different government to the one that ran up the bill, fwiw, not even the former opposition party. Loan-sharking/subprime is a good description, compounded with the fact that the loan shark has been giving you financial advice for years and every time you follow it your situation gets worse. Basically lol Greece but gently caress the EU.
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Jun 28, 2015 11:51
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nopantsjack posted:Even the latest news about them calling a referundum on this business has been portrayed like "these crazy leftists are proposing to make an important decision by POPULAR VOTE?????" I think they knew they'd get crucified if they act unilaterally to accept or reject, since either option means death for thousands and destitution for millions more, so the 'gently caress it, democracy' route is a PR move or just a burst of fatalistic idealism. The EU doesn't like democracy, Greece knew what would happen if they did this.
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Jun 28, 2015 11:54
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Welp, at least the positive thing to come out of this mess is that now everybody knows exactly where the priorities lie for EU.
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Jun 28, 2015 12:04
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Hey Peel do you have any good articles you can link me on the Greece/EU thing, particularly general summaries of the history there including how Greece got into this mess? There are about a zillion articles online but it's so hard to pick through the deceptive austerity apologist bullshit
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Jun 28, 2015 12:19
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nopantsjack posted:Even the latest news about them calling a referundum on this business has been portrayed like "these crazy leftists are proposing to make an important decision by POPULAR VOTE?????"
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Jun 28, 2015 12:24
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Some people can't handle having a credit card and need to be forced to used cash only. Greece is one of those people
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Jun 28, 2015 12:53
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Sulla-Marius 88 posted:Hey Peel do you have any good articles you can link me on the Greece/EU thing, particularly general summaries of the history there including how Greece got into this mess? There are about a zillion articles online but it's so hard to pick through the deceptive austerity apologist bullshit They were always running a deficit and when they were let into the EU they could borrow way way more than they ever could have and they ran a deficit so large they could never hope to pay it back. Saved you a bunch of reading.
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Jun 28, 2015 12:56
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Shayu posted:They were always running a deficit and when they were let into the EU they could borrow way way more than they ever could have and they ran a deficit so large they could never hope to pay it back. Thanks but I was asking the guy who didn't compare EU-creditor national debt to a credit card Saved you a bunch of posting.
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Jun 28, 2015 12:59
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I tell it like it is
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Jun 28, 2015 13:01
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(Thread is no longer in GBS by the way)
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Jun 28, 2015 13:02
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Sulla-Marius 88 posted:Hey Peel do you have any good articles you can link me on the Greece/EU thing, particularly general summaries of the history there including how Greece got into this mess? There are about a zillion articles online but it's so hard to pick through the deceptive austerity apologist bullshit Mostly I just check Krugman's blog/economistsview every few days to keep up with econ stuff I'm not actually an expert lol (obviously Krugman has his own biases). I just wanted to salvo against the urge to turn it into a complaint about those profligate Greeks. Because the fate of Greece will be used as a stick to beat the other periphery nations whose problems are much more exogenous. Here's what happened in the alternate universe where the EU became competent a year or two ago: they stop punishing Greece and let it just hold level and rebuild while having the ECB be the lender of last resort it should be. Their deficit collapses because their debt is no longer a risk. The Greek economy starts to recover and the government accounts move even further into surplus, European creditors start getting their money back, everyone moves on and gets rich again. Rather than setting their economy on fire as periodic punishment for not having a good economy (because it's on fire). If they can't get enough of their money back that way, then they can't get it back at all, because they're not getting any more back with this approach. Too bad, you made a bad loan. Deal with it.
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Jun 28, 2015 13:20
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Over the past few decades Greece has managed to flush ~250 billion Euros down the drain with pretty much nothing to show for it. At this point I have difficulty garnering any sympathy for them. They deserve what's coming and I'd say the sooner their poo poo burns to the ground, the sooner they can start rebuilding from scratch, and hopefully do it right this time. I'm actually amazed they haven't been kicked out of Eurozone for their stunning financial irresponsibility.
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Jun 28, 2015 13:20
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enraged_camel posted:Over the past few decades Greece has managed to flush ~250 billion Euros down the drain with pretty much nothing to show for it. At this point I have difficulty garnering any sympathy for them. They deserve what's coming and I'd say the sooner their poo poo burns to the ground, the sooner they can start rebuilding from scratch, and hopefully do it right this time. They already burned their poo poo to the ground, dude. What do you think they've been doing for the last five years? It turns out that when your poo poo has all burned to the ground (at the orders of your creditors) you don't have any poo poo to repay those creditors with, because it's on fire. At some point you need to stop setting things on fire and actually grow some crops in the ashes. Greece isn't allowed to, so unsurprisingly, they can't recover.
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Jun 28, 2015 13:28
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Step 1: Greece exits in late 2015. Step 2: UK exits in summer 2016. Step 3: Remainder of PIIGS group (PIIS?) are given encouragement to exit by UK and Greece. Step 4: Falling low on countries to plunder, anti-EU partisan activities increase in southern France and Scandinavia. Step 5: Putin takes everything east of Berlin as compensation for EU interference in Ukraine. Step 6: Angela Merkel shoots herself in her underground bunker. Step 7: Jean-Claude Juncker flees to Argentina to perform experiments on children.
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Jun 28, 2015 13:30
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Europe is basically run by a crazed volcano cult who heard that volcanic ash is fertile so mandated that all farmers divert lava flows over their crops.
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Jun 28, 2015 13:31
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Peel posted:They already burned their poo poo to the ground, dude. What do you think they've been doing for the last five years? It turns out that when your poo poo has all burned to the ground (at the orders of your creditors) you don't have any poo poo to repay those creditors with, because it's on fire. Sorry but I haven't seen any kind of structural, fundamental reforms that will ensure they will not continue down the same path once they're out of this mess. Forgiving their debt will simply encourage more irresponsibility.
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Jun 28, 2015 13:36
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Oh hey I found an article maybe we can read that instead of talking about forcing Greek citizens into poverty and starvation to pay for the mismanagement of their government and EU/German greed http://www.newrepublic.com/article/economy/95989/eurozone-crisis-debt-dont-blame-greece
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Jun 28, 2015 13:37
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Yeah that the people in other EU countries don't want to pay for the Greek government forever is obviously a sign of greed 
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Jun 28, 2015 13:43
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If you get a bunch of commission for selling loans to an obvious crackhead then I'd say there's a pretty strong expectation of responsibility on your part, and breaking kneecaps and enslaving the crackhead's family isn't so much "discouraging non-payment of loans" as it is a little thing called "loan sharking". The EU is supposed to be about mutual benefit and building a better Europe together, not feasting on the weak and then cracking their bones for marrow.
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Jun 28, 2015 13:47
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Sulla-Marius 88 posted:Oh hey I found an article maybe we can read that instead of talking about forcing Greek citizens into poverty and starvation to pay for the mismanagement of their government and EU/German greed Yep, the entire eurozone as a concept is fundamentally flawed. Turns out "everything will work great as long as investor sentiment remains positive" is a horribly dumb thing to build an entire system on. But make no mistake: Greek citizens are complicit in this fiasco. It's not just a matter of "oh we behaved responsibly, it's our politicians that hosed this up" because that's an outright lie. The entire country is full of people who kept spending and spending and spending well beyond their means for over a decade. Foreign capital was so easily available that every Greek thought life was all rainbows and unicorns. Then someone turned off the faucet and boom. It all came crashing down. Slow News Day fucked around with this message at 13:51 on Jun 28, 2015 |
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Jun 28, 2015 13:49
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Peel posted:If they can't get enough of their money back that way, then they can't get it back at all, because they're not getting any more back with this approach. Too bad, you made a bad loan. Deal with it. Well, the most important thing is that at least the losers are the states who bought up the debts after 2009, and not the poor German and French banks who loaned to Greece in the first place. God forbid if the EU were to send to financial institutions a message that they have to pay the price for poo poo investments. That would have been a total disaster. Now we can be sure they know that if push comes to shove, the state will bail them out and then tell the lazy Greeks to gently caress off when they ask for a few weeks to pay theirs back...
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Jun 28, 2015 13:58
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