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Pab
Hey, if France leaves, it's all over. Presumably Spain and/or Italy and/or Portugal would fail before France, so that would be PIGS and Cyprus even before France.
If France falls Germany falls.
Then you all have 48 hours, max, to get your final preps done before the tsunami hits the USA. Smart people will want to closely monitor not only Europe, but China as well. Chinese (Shanghai) stocks are down about 0.5% as I write.
Topic: Greece Cannot Pay, Greece Will Not Pay - page 5. (Read 8166 times)
There is already EuroDrachma created ,it is been presented in GreeceTV and press.Complimentary currency
.More important it will run under umbrella of payservices,exelent service with his own exchange.Supporting 130 fiat money 400 cryptos and some complimentary currencys.Thay wiil have mobile aps desktop apps
very legit,Thay already has Eu financial licences ,Israel,and thay will obtained USA banking licences
It may help Greece very much.Sardigna Island has his own complimentary currency and hissmall local community has nice benefit becouse of that
Looks like Greece will defoult,Secret leaks has been released that IMF doesnt want to be part of new bailout
Thay want huge Greece debt reducton,that Germany is not agree and some others EU countrys
Point is that will be new elections in Spain,Italy,Portugal
If one of that countrys will leave Eurozone,that Euro will fail
In that moment France is bankrupt,his economy is very,very weak.Therearealreadysome talks to create new
north Eu countrys union,France is very nervous
But how much many will lost some greedy speculators when Russia will stop to pay
Will be no negotiations,Russia will simply not pay
You can read TheGuardian,it is best european newspaper
.More important it will run under umbrella of payservices,exelent service with his own exchange.Supporting 130 fiat money 400 cryptos and some complimentary currencys.Thay wiil have mobile aps desktop apps
very legit,Thay already has Eu financial licences ,Israel,and thay will obtained USA banking licences
It may help Greece very much.Sardigna Island has his own complimentary currency and hissmall local community has nice benefit becouse of that
Looks like Greece will defoult,Secret leaks has been released that IMF doesnt want to be part of new bailout
Thay want huge Greece debt reducton,that Germany is not agree and some others EU countrys
Point is that will be new elections in Spain,Italy,Portugal
If one of that countrys will leave Eurozone,that Euro will fail
In that moment France is bankrupt,his economy is very,very weak.Therearealreadysome talks to create new
north Eu countrys union,France is very nervous
But how much many will lost some greedy speculators when Russia will stop to pay
Will be no negotiations,Russia will simply not pay
You can read TheGuardian,it is best european newspaper
they have to pay their own dept, that is their thing and they should take care of that. But the worst thing in all of this is that the Vat from 13% now is 23%, and you spend more money if you go on holiday there 
...
Zero Hedge reports that retail sales in Greece are down up to 70%. Think about that...
The same article says doctors are leaving Greece...
We have already known for a couple of years that pharmaceuticals are now very hard to get.
Life is going to be very hard in Greece for sometime. And Russia & China will not save them, R & C are delusions for saving Greece.
Zero Hedge reports that retail sales in Greece are down up to 70%. Think about that...
The same article says doctors are leaving Greece...
We have already known for a couple of years that pharmaceuticals are now very hard to get.
Life is going to be very hard in Greece for sometime. And Russia & China will not save them, R & C are delusions for saving Greece.
Incredible, that may be the only way possible to "stick it to" the bankers. They want to have supreme control of Greek's lives, well what happens if they all leave the country! This is a scenario I dont think anyone was thinking about!
...
Zero Hedge reports that retail sales in Greece are down up to 70%. Think about that...
The same article says doctors are leaving Greece...
We have already known for a couple of years that pharmaceuticals are now very hard to get.
Life is going to be very hard in Greece for sometime. And Russia & China will not save them, R & C are delusions for saving Greece.
Zero Hedge reports that retail sales in Greece are down up to 70%. Think about that...
The same article says doctors are leaving Greece...
We have already known for a couple of years that pharmaceuticals are now very hard to get.
Life is going to be very hard in Greece for sometime. And Russia & China will not save them, R & C are delusions for saving Greece.
For sure Greece will not be able to pay. Not only this credit that Tsipras will have ultimately but even another more bigger will help. To pay the debt Greece must have an economy that produce for itself and for paid the credits. But the economy of Greece is devastated by the lasts governments because the Greece politicians who governed Greece thought for their momentarily interests and not for the best of their country.
Very truth,at the end of year Greece will enter even bigger recession that thay are now,whatever will get new money or not.That new agreement will be reached at the end of September,nowthereare not yetagreement reached in what hotel and where negatiotiations will be
Capital control will stay for 1.5 year,Geece people will be more poor and poor,finally thaywill go to strrets to manifest and will be strike after strike
Some info from Europe.Spaigh cuted his 40% cost of work and now immediatly his economy improved
Italy is planing big tax reduction ,stating that year finishing 2018,it will give Italy 200 bln euro,anyausterity
I think wecan start to bet,what will be first Grexit or Euroexit the end of Euro
Totally agree with both, they should have gone for a Grexit, I think it would even be beste to go to each their own currency. You just can't compare countries, their government, mentality and so forth. It was a bad idea from the beginning. The problem however, they just don't know what will happen if it comes to a Grexit, or a Euroexit, there are multiple models they calculate with but, the simple fact is they just don't know. They don't have a backbone, so they keep pumping money in it. They've let to many countries in the EU and in the EURO, greed an shortsighted.
Varoufakis apparently is working on an alternative solution as we speak. He has said he doubts there will be any deal in august. I wonder if it involves any cryptocurrency usage. Its starting to look an unavoidable Greexit at this point.
For sure Greece will not be able to pay. Not only this credit that Tsipras will have ultimately but even another more bigger will help. To pay the debt Greece must have an economy that produce for itself and for paid the credits. But the economy of Greece is devastated by the lasts governments because the Greece politicians who governed Greece thought for their momentarily interests and not for the best of their country.
Very truth,at the end of year Greece will enter even bigger recession that thay are now,whatever will get new money or not.That new agreement will be reached at the end of September,nowthereare not yetagreement reached in what hotel and where negatiotiations will be
Capital control will stay for 1.5 year,Geece people will be more poor and poor,finally thaywill go to strrets to manifest and will be strike after strike
Some info from Europe.Spaigh cuted his 40% cost of work and now immediatly his economy improved
Italy is planing big tax reduction ,stating that year finishing 2018,it will give Italy 200 bln euro,anyausterity
I think wecan start to bet,what will be first Grexit or Euroexit the end of Euro
Totally agree with both, they should have gone for a Grexit, I think it would even be beste to go to each their own currency. You just can't compare countries, their government, mentality and so forth. It was a bad idea from the beginning. The problem however, they just don't know what will happen if it comes to a Grexit, or a Euroexit, there are multiple models they calculate with but, the simple fact is they just don't know. They don't have a backbone, so they keep pumping money in it. They've let to many countries in the EU and in the EURO, greed an shortsighted.
For sure Greece will not be able to pay. Not only this credit that Tsipras will have ultimately but even another more bigger will help. To pay the debt Greece must have an economy that produce for itself and for paid the credits. But the economy of Greece is devastated by the lasts governments because the Greece politicians who governed Greece thought for their momentarily interests and not for the best of their country.
Very truth,at the end of year Greece will enter even bigger recession that thay are now,whatever will get new money or not.That new agreement will be reached at the end of September,nowthereare not yetagreement reached in what hotel and where negatiotiations will be
Capital control will stay for 1.5 year,Geece people will be more poor and poor,finally thaywill go to strrets to manifest and will be strike after strike
Some info from Europe.Spaigh cuted his 40% cost of work and now immediatly his economy improved
Italy is planing big tax reduction ,stating that year finishing 2018,it will give Italy 200 bln euro,anyausterity
I think wecan start to bet,what will be first Grexit or Euroexit the end of Euro
For sure Greece will not be able to pay. Not only this credit that Tsipras will have ultimately but even another more bigger will help. To pay the debt Greece must have an economy that produce for itself and for paid the credits. But the economy of Greece is devastated by the lasts governments because the Greece politicians who governed Greece thought for their momentarily interests and not for the best of their country.
More than 90% of the world nations are in debt. Only a select few are free from government debt (rich nations such as Saudi Arabia, United Arab Emirates and Qatar).
How are Saudi Arabia, United Arab Emirates and Qatar debt free? How do they manage their currency. No usury?
yeah the problem is not only with greece it's the whole fucking eu that is in debt, if other country are smart enough or at least their citizens, should start buying in something valuable in the future like bitcoin or if they prefer gold, which is tanking, maybe a good opportunity to buy
More than 90% of the world nations are in debt. Only a select few are free from government debt (rich nations such as Saudi Arabia, United Arab Emirates and Qatar). The governments are spending more than their overall tax revenues, and that is the reason why the debt is climbing. But most of the government spending is not reaching the tax payers. It is used for bank bailouts, warfare.etc
This can't go on forever.
I dont know. Debt is just a number and numbers can go on forever.
well the current crisis begs to differ, apparently it can't go forever, greece is the primarely example of the euro that is struggling against usd, usd isn't actually rising it's all the other that are falling...
usd did not lost so much probably because it was(and still it is) the number one among fiat
What is the debt to GDP of Greece that the papers spew out? 165% or something like that? One day they could be reporting 9000% debt to GDP. They may need to abandon reporting GDP soon and come up with a new measure. At what point will the masses realise that there is no hope? I concur that it feels like it is approaching, I have long since accepted that the national debt problem is a mathematical impossibility. It feels like such a slow creep though. Can but wait.
yeah the problem is not only with greece it's the whole fucking eu that is in debt, if other country are smart enough or at least their citizens, should start buying in something valuable in the future like bitcoin or if they prefer gold, which is tanking, maybe a good opportunity to buy
More than 90% of the world nations are in debt. Only a select few are free from government debt (rich nations such as Saudi Arabia, United Arab Emirates and Qatar). The governments are spending more than their overall tax revenues, and that is the reason why the debt is climbing. But most of the government spending is not reaching the tax payers. It is used for bank bailouts, warfare.etc
This can't go on forever.
I dont know. Debt is just a number and numbers can go on forever.
well the current crisis begs to differ, apparently it can't go forever, greece is the primarely example of the euro that is struggling against usd, usd isn't actually rising it's all the other that are falling...
usd did not lost so much probably because it was(and still it is) the number one among fiat
yeah the problem is not only with greece it's the whole fucking eu that is in debt, if other country are smart enough or at least their citizens, should start buying in something valuable in the future like bitcoin or if they prefer gold, which is tanking, maybe a good opportunity to buy
More than 90% of the world nations are in debt. Only a select few are free from government debt (rich nations such as Saudi Arabia, United Arab Emirates and Qatar). The governments are spending more than their overall tax revenues, and that is the reason why the debt is climbing. But most of the government spending is not reaching the tax payers. It is used for bank bailouts, warfare.etc
This can't go on forever.
I dont know. Debt is just a number and numbers can go on forever.
yeah the problem is not only with greece it's the whole fucking eu that is in debt, if other country are smart enough or at least their citizens, should start buying in something valuable in the future like bitcoin or if they prefer gold, which is tanking, maybe a good opportunity to buy
More than 90% of the world nations are in debt. Only a select few are free from government debt (rich nations such as Saudi Arabia, United Arab Emirates and Qatar). The governments are spending more than their overall tax revenues, and that is the reason why the debt is climbing. But most of the government spending is not reaching the tax payers. It is used for bank bailouts, warfare.etc
This can't go on forever.
Word exit can be most popular word of time,look what is going on in Europe
Grexit,soon Gexit referendum in GB to leave EU,Italy exit,today Beppe Grippo posted to nationalise banks,exit from euro and use Italy debt like weapon against Germany.He is using Greece like an example whatcan happen in Italy.FranceExit.Jean Marie Le Pen who has big chance to be next France president,Cataluna exit
there are lcal elaction in Spain,iit will be combined with referendum to separate Cataluna from Spain.If separatist party will win,Cataluna may separate from Spain in 18 months.Cataluna is most wealthy area in Spain,and there isalready enugh for them to pay for Madrid frauds
Upcoming elections in 2015,Spain,Portugal,Poland,maybe Greece,and just after France,Germany,Italy
How will looks like that post Greece world in Europe,people are watching and thay will call for change.Finally thay see that they are pay for all of that and nobody never asked them did thay agree to pay
Grexit,soon Gexit referendum in GB to leave EU,Italy exit,today Beppe Grippo posted to nationalise banks,exit from euro and use Italy debt like weapon against Germany.He is using Greece like an example whatcan happen in Italy.FranceExit.Jean Marie Le Pen who has big chance to be next France president,Cataluna exit
there are lcal elaction in Spain,iit will be combined with referendum to separate Cataluna from Spain.If separatist party will win,Cataluna may separate from Spain in 18 months.Cataluna is most wealthy area in Spain,and there isalready enugh for them to pay for Madrid frauds
Upcoming elections in 2015,Spain,Portugal,Poland,maybe Greece,and just after France,Germany,Italy
How will looks like that post Greece world in Europe,people are watching and thay will call for change.Finally thay see that they are pay for all of that and nobody never asked them did thay agree to pay
Last data about Europe public debt
Eurozone public debt is 94.5% to GDP
Greece public debt is 165% to GDP,decreasing
Itaty public debt is 135%to GDP,increasing
France 97% increasing very fast
Germany 74% decreasing slowly
All EU countries pubic debt is 84%
any new born child in EU is in debt
Welcome in Europe
Eurozone public debt is 94.5% to GDP
Greece public debt is 165% to GDP,decreasing
Itaty public debt is 135%to GDP,increasing
France 97% increasing very fast
Germany 74% decreasing slowly
All EU countries pubic debt is 84%
any new born child in EU is in debt
Welcome in Europe
yeah the problem is not only with greece it's the whole fucking eu that is in debt, if other country are smart enough or at least their citizens, should start buying in something valuable in the future like bitcoin or if they prefer gold, which is tanking, maybe a good opportunity to buy
instead i'm sure that they will wait to reach the conditions of greece before moving their ass, while they repeat that they are not at danger like the greece
Last data about Europe public debt
Eurozone public debt is 94.5% to GDP
Greece public debt is 165% to GDP,decreasing
Itaty public debt is 135%to GDP,increasing
France 97% increasing very fast
Germany 74% decreasing slowly
All EU countries pubic debt is 84%
any new born child in EU is in debt
Welcome in Europe
Eurozone public debt is 94.5% to GDP
Greece public debt is 165% to GDP,decreasing
Itaty public debt is 135%to GDP,increasing
France 97% increasing very fast
Germany 74% decreasing slowly
All EU countries pubic debt is 84%
any new born child in EU is in debt
Welcome in Europe
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crazy-pilot
There is no doubt that you are right, at least in part. Greece has a very irresponsible borrower in recent years, defaulting a number of times.
Yes, there is other blame to go around (Germany, the Troika, Goldman-Sachs, etc.), but Greece itself bears a lot of the blame for their situation.
crazy-pilot
There is no doubt that you are right, at least in part. Greece has a very irresponsible borrower in recent years, defaulting a number of times.
Yes, there is other blame to go around (Germany, the Troika, Goldman-Sachs, etc.), but Greece itself bears a lot of the blame for their situation.
Apart from Simpel math, they do not keep their word, as they've shown with the loans what were handed out last time. The general population of Greece is complaining, comparing it even to the Holocaust which is ignorant. It's their government that is screwing things up, they agree to terms, get the money and just setup a new governing structure. Thank you for the money.
As for tax and minimum wages, they've had it way better than most other EU countries. And they are doing fine.
The 'rich' countries have had to cut even deeper, the Netherlands raised their tax to 21% long ago, my income tax is at 50% while my health insurance, and electricity has tripled.
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As for tax and minimum wages, they've had it way better than most other EU countries. And they are doing fine.
The 'rich' countries have had to cut even deeper, the Netherlands raised their tax to 21% long ago, my income tax is at 50% while my health insurance, and electricity has tripled.
Posted From bitcointalk.org Android App
Well at the end, either will the debt be cut by the EU countries or the Greece will go down the drain and leave the Euro zone and EU completely. Their debt is unsustainable and that has been calculated.
Other thing is that this fact above nobody wants to admit, so expect in 5 years yet another chaos.
Other thing is that this fact above nobody wants to admit, so expect in 5 years yet another chaos.
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