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Will we learn from the Greek fiasco?

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    #25
    Yep, if the EU doesn't stand firm on greece, the rest of the pigs will demand same thing. Spoiled brats. Maybe its time for martial law in greece and do what needs to be done.

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      #26
      On Greece, Have seen many BBC programs that people that know what is going on... clearly said that Greece should have NEVER been asked to join the EU.

      The Germans knew this was a disaster waiting to happen... but dumped money and goods into that part of the Middle East... full well knowing it couldn't work and would come apart.

      Just like the SUB PRIME Racket. Only the US Fed bailed the banks out...

      The Germans are too conceited to admit this was clearly and fully their problem and responsibility when they agreed to let Greece in the EU and lent them 100's of Billions... so they could sell and build junk Greece could never pay for... or even use.

      This is a game of chicken ... who has more to loose.

      I would bet Germany Blinks... they are Responsible.

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        #27
        it"s my understanding that greece cooked the books to get into the EU, Germany has a lot to lose, i'm not sure if they"ll blink first though.

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          #28
          Will be interesting what currency the welfare state of Greece will use when the Germans give them the boot.

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            #29
            Well with a 60% vote against the EU's bailout offer the greek's have their back against the wall. I don't think germany will budge. Maybe mother russia will come to greece's rescue. If not it looks like country-wide chaos to me . If people have no money to buy food, they're gonna get nasty real quick.

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              #30
              Was listening to a BBC interview tonight... sounded like if Germany does not play nice... as there are no formal rules around printing Euros... and the Finance Minister said they were never going back to Drachmas... they were going to fire up the printing presses like the US, Japan, CentralEU... and everyone else has done.

              Fire works for sure coming!

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                #31
                I apologize for flying off the handle

                Funny the Germans are doing what they are doing they have defaulted as much or more then anyone else

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                  #32
                  CP,

                  The Germans knew EXACTLY what the greek situation was when they allowed Greece to join the EU Currency.

                  Germany wants to suck and blow at the same time. Good luck with that.

                  Reminds me of a railroad system in Canada. They will get it between the eyes... not a tear I will shed.

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