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  1. #51
    RIP pseudolus's Avatar
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    Quote Originally Posted by OhOh
    I will call you what you want, if you give me loads of gold!!!
    Russia has bought a lot of gold recently. So has China. Converting the warehouses full of useless USD FIAT money into metal. Wonder if the US will do another gold grab soon from its citizens?

    All very interesting that Greece has massive untapped Gold reserves which they are now starting to explore. Some say that by 2016 they could be the largest gold producer in Europe by the end of next year.
    Last edited by pseudolus; 03-02-2015 at 10:30 PM.

  2. #52
    Thailand Expat OhOh's Avatar
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    Gold, oil, paradise islands, connections with a large market, countries willing to partner them in a productive way and a laid back culture; sounds a little like here.

    It's a pity that the new government may be ousted within a year if they don't suck the Troika's teat. Lets hope it isn't Ukraine II, Iraq III, Syria II, Libya II ............
    A tray full of GOLD is not worth a moment in time.

  3. #53
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    Quote Originally Posted by OhOh View Post
    Gold, oil, paradise islands, connections with a large market, countries willing to partner them in a productive way and a laid back culture; sounds a little like here.

    It's a pity that the new government may be ousted within a year if they don't suck the Troika's teat. Lets hope it isn't Ukraine II, Iraq III, Syria II, Libya II ............
    They've already had a history of secretly meddling in Greek affairs [and everywhere else].....shouldn't expect anything else if things don't go their way.

  4. #54
    RIP pseudolus's Avatar
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    Quote Originally Posted by OhOh
    It's a pity that the new government may be ousted within a year if they don't suck the Troika's teat. Lets hope it isn't Ukraine II, Iraq III, Syria II, Libya II
    Already started. The washington mainstream press has already started saying they are involved with ISIS. Only a matter of time until the US gets in there FOR DEMOCRACY. They are clearly not put off doing their dirty tricks in Europe as Ukraine shows us. They are busy with Venezueala now, but will also start their NGOs in the Embassy start to train the hard right wing fascists in Greece.

  5. #55
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    Surely the EU/US invaded Greece is a bit far fetched? The world is fuked up and run by greedy insane disconnected fools - but, invading Greece???

  6. #56
    RIP pseudolus's Avatar
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    Quote Originally Posted by Bettyboo View Post
    Surely the EU/US invaded Greece is a bit far fetched? The world is fuked up and run by greedy insane disconnected fools - but, invading Greece???
    Would have said the same about Ukraine a few years ago as well.... and look what happened there. US regime change 101.

    Greece can Veto new sanctions on Russia which the US can not accept. If they default and ditch the euro, moving to a gold backed currency, they will be a big problem to Europe, especially when their gold mines crank up production as well.

  7. #57
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    ^ I just can't see it. It'd be a step too far even for the maniacs at the top.

    The Greeks are neither communists nor muslims; a whole new discourse would have to be built for them - it'd take years.

  8. #58
    RIP pseudolus's Avatar
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    Quote Originally Posted by Bettyboo View Post
    ^ I just can't see it. It'd be a step too far even for the maniacs at the top.

    The Greeks are neither communists nor muslims; a whole new discourse would have to be built for them - it'd take years.
    But Ukraine were not comminist or muslims. They were pro russian though. If the Troika tries to hold Greece to its debt (which went to bankers to bail them out) and tries to force more fake debt onto them, Greece will get closer to Russia and this is why the US will act.

    Maniacs at the top. They do not care and have popular acceptance of their regime change in Europe already. They will continue.

  9. #59
    Thailand Expat harrybarracuda's Avatar
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  10. #60
    RIP pseudolus's Avatar
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    ^ another quality contribution from harry. nearly 25000 snide remarks and posts about iphones. Quality


  11. #61
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    Quote Originally Posted by Bettyboo View Post
    Surely the EU/US invaded Greece is a bit far fetched? The world is fuked up and run by greedy insane disconnected fools - but, invading Greece???
    Why wouldn't it seem outta the realms of possibly?
    Covertly, for sure.

    It's not like a new phenomena.

  12. #62
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by pseudolus View Post
    ^ another quality contribution from harry. nearly 25000 snide remarks and posts about iphones. Quality

    Aww diddums don't get so upset about your silly little thread getting shitcanned.


  13. #63
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    Greece the new Pattaya??

    Prostitution: The hidden cost of Greece's economic crisis
    As the Syriza party prepare to take power in Greece, promising anti-austerity reforms, Rebecca Reid explains why it's the country's laws around sex work that need updating. Urgently



    Greece has voted for change.
    The Syriza party - whose campaign line was “Hope Is on Its Way” – has emerged triumphant from the country’s general election.
    The average Greek wage has fallen to just €600 (£450) a month and half of all young people are unemployed. So it’s not surprising that the people of Greece are voting for a party which seems to represent progress.
    But there’s another side to Greece’s mass unemployment; one which has been little reported on.
    According to the National Centre for Social Research (EKKE), the rate of prostitution in the country has soared by 150 per cent during the economic crisis, meaning that women who would otherwise have sought other types of employment, are turning to sex work in order support themselves and their families.

    There are currently an estimated 20,000 prostitutes in Greece (according to EKKE) of which fewer than 1,000 are legally registered.
    Because although street prostitution is illegal in Greece, sex work is technically not. (Although it’s not considered a profession and workers don’t have any kind of protection from labour laws).
    There are brothels (or ‘studios’) where women can register to work legally. Studio-based prostitution is considered safer and is regulated, with on-site security and regular sexual health screening. The studios are traditionally run by older women, sometimes former prostitutes themselves. Each is granted a licence, issued by the state.
    The Greek authorities decided to implement a law in 1999 which stipulates that all brothels must have such a permit. Women working as prostitutes must register and carry a medical card, which is updated every two weeks.
    There’s a list of other stipulations that must be met before a woman is allowed to work in one of these studios. She must be over 18; have the right to live and work in Greece; be free from STI’s or other infectious illnesses; not suffer from mental illness or drug addiction; and not have been convicted of homicide, pimping, child porn, trafficking, robbery or blackmail.
    Oh, and she must be unmarried, too.
    The reason for this stipulation is difficult to fathom.
    But regardless of its intention, the law isn’t stopping married women from working as prostitutes. It’s simply preventing them from operating in regulated environments and forcing them on to the streets, something which is both illegal and dangerous.
    And with the number of women sex workers in the country rising rapidly, so the situation of its streets is worsening.
    Because many of the Greek women now turning to prostitution don’t bear even a passing resemblance to the drug-addled stereotype of the ‘hooker’.

    They are mothers, married women and young professionals. Women from every walk of life are now just as likely to turn to prostitution as drug addicts.
    Legal brothel owner, Soula Alevridou, spoke to the BBC as part of a documentary called Love in a Time of Crisis about dating and sex work in Greece.
    She explained the harsh reality for married women who want to use prostitution as a means of supporting themselves, explaining that she must turn them away, or run the risk of losing her licence.
    “Married women come here and they ask for work. They can’t even afford breakfast before they [the children] go to school.”
    The BBC reported on a woman named Georgia, a doctor, who also works as an escort to support her family.
    A fully qualified medical professional, she has a private clinic – but currently only treats three patients a week. The peak summer season (read: tourism) experienced in the sex industry there, means that she’s able to keep up with the rent payments on her family home – as well as support her elderly parents.
    "I live a double life and only I can know about it," says Georgia. "I have applied for jobs in medicine abroad and wait every day in hope of a reply.



    And, of course, clients have vastly reduced spending power due to the financial crsis. The result is an average fee of about €15 (£11).

    Greek election: Prostitution is the hidden cost of economic crisis - Telegraph

  14. #64
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    Quote Originally Posted by Chittychangchang
    The average Greek wage has fallen to just €600 (£450) a month and half of all young people are unemployed.
    Sad really, a unqualified English teacher [farang] gets more than that in Thailand, know many Thais with just normal descent jobs getting 20,000 Baht a month.

    Greece is only the first of many western nations on the road to ruin, troubled times ahead and not far ahead.
    If a country with that low a wage base can't attract investment what hope for others.

    Friend of mine, army pension had to return to Australia, the low dollar means he can't afford to live here now, job and pension in OZ and he can barely get by.

    Thought things were bad for us, low rubber prices, still earned well over the average Greek income and we are struggling.

    Was reading some wall street stuff on currency wars, countries are intentionally devaluing their currency to get a competitive edge on world markets, big fear is that China may follow with a 10% devaluation.
    End game for western living standards, scary stuff.

  15. #65
    RIP pseudolus's Avatar
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    Greece will sell bonds to Russia and tell the EU to get stuffed.

    EU bankers bailed THEMSELVES out, pretended it went to Greece, but put the bill on Greece.They have a lot of bargaining power hence why EVERY mainstream paper, especially rags like the hard core right wing Daily Telegraph

  16. #66
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    Greek finance minister says euro will collapse if Greece exits


    Feb 8 (Reuters) - If Greece is forced out of the euro zone, other countries will inevitably follow and the currency bloc will collapse, Greek Finance Minister Yanis Varoufakis said on Sunday.

    Greece's new leftist government is trying to re-negotiate its debt repayments and has begun to roll back austerity policies agreed with its international creditors.

    In an interview with Italian state television network RAI, Varoufakis said Greece's debt problems must be solved as part of a rejection of austerity policies for the euro zone as a whole. He called for a massive "new deal" investment programme funded by the European Investment Bank.

    "The euro is fragile, it's like building a castle of cards, if you take out the Greek card the others will collapse." Varoufakis said according to an Italian transcript of the interview released by RAI ahead of broadcast.

    The euro zone faces a risk of fragmentation and "de-construction" unless it faces up to the fact that Greece, and not only Greece, is unable to pay back its debt under the current terms, Varoufakis said.

    "I would warn anyone who is considering strategically amputating Greece from Europe because this is very dangerous," he said. "Who will be next after us? Portugal? What will happen when Italy discovers it is impossible to remain inside the straitjacket of austerity?"

    Varoufakis and his Prime Minister Alexis Tsipras received friendly words but no support for debt re-negotiation from their Italian counterparts when they visited Rome last week. But Varoufakis said things were different behind the scenes.

    "Italian officials, I can't tell you from which big institution, approached me to tell me they backed us but they can't tell the truth because Italy also risks bankruptcy and they are afraid of the reaction from Germany," he said.

    "Let's face it, Italy's debt situation is unsustainable," he added.

    Italy's public debt is the largest in the euro zone after Greece's and Italian bond yields surged in 2011 at the height of the euro zone crisis. They have since fallen steeply and have so far come under little pressure from the renewed tensions in Greece.

    Varoufakis said his government would propose a "new deal" for Europe like the one enacted in the United States in the 1930s. This would involve the European Investment Bank investing ten times as much as it has so far, Varoufakis said.

    If Europe continues to pursue counterproductive austerity policies the only people who will benefit will be "those who hate European democracy," he said, citing the Golden Dawn party in Greece, the National Front in France and the United Kingdon Independence Party in Britain. (reporting by Gavin Jones; [email protected]

    Greek finance minister says euro will collapse if Greece exits | Reuters

    Who is going to blink first?? I'm beginning to like this far left Greek government more and more.

  17. #67
    Thailand Expat helge's Avatar
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    Quote Originally Posted by buriramboy View Post
    Greek finance minister says euro will collapse if Greece exits

    AKA The "Grexit"

  18. #68
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    I think deep down Merkal's mob would be relived if the Euro ponzi scheme collapses, the Euro bankers might not get their quantitative benefit cheque every quarter, but the Germans will be free to fulfil their destiny of the Thousand Year Economic Reich.

  19. #69
    Days Work Done! Norton's Avatar
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    Agree. Germany in the long run will be better off. France not so and will do whatever they can to prevent the collapse of the EU.

  20. #70
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    The sooner the Euro collapses the better.

  21. #71
    RIP pseudolus's Avatar
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    Quote Originally Posted by bsnub View Post
    The sooner the Euro collapses the better.
    For who?

  22. #72
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    Quote Originally Posted by bsnub View Post
    The sooner the Euro collapses the better.

    ..and then what?

  23. #73
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    Quote Originally Posted by pseudolus
    For who?
    In the short term it will be the northern European economies who will benifit. However long term southern European economies will benefit the most as they will be able to focus on economic growth and not budget cuts.

  24. #74
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    Quote Originally Posted by Norton View Post
    Agree. Germany in the long run will be better off. France not so and will do whatever they can to prevent the collapse of the EU.
    Germany might be better off in the Euro: the value of the Euro in now based on a mix of countries. Had the Germans still the D-Mark, that would be a very strong currency, thus affecting their exports.

    In fact, the Germans gained for years from the Greek being part of Euro-land.
    - - - We Need A Revolution - - -
    You have no chance, so grab it.

  25. #75
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    Quote Originally Posted by bsnub View Post
    Quote Originally Posted by pseudolus
    For who?
    In the short term it will be the northern European economies who will benifit. However long term southern European economies will benefit the most as they will be able to focus on economic growth and not budget cuts.
    Germany and French companies have done particularly well in snapping up the bargain priced utility and public services that the IMF has forced on the poorer member states in return for bailing out French and German banks that had leant money to the southern European nations. I don't think they will see it as a good thing at all.

    However, because of this, you are right. There are not many countries that the Euro has been positive for and this is why they will never let it collapse. Prior to the Euro a lot of these countries had fairly decent economies but as with most places where member states share a currency, massive financial gains are made in some places which is drained away from others. I hope Greece breaks free; Spain also.

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