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  1. #1226
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    Quote Originally Posted by can123 View Post
    Quote Originally Posted by Bettyboo View Post
    That's the heart of their corruption and cronyism, James - the FR makes extra profit when the country is in debt; the larger the debt the more profit they make. How can that be good for the nation???
    You not give a shit about the nation. You are ill-equipped to lecture nations on economics given your profligacy in the use of question marks. Please desist as I find it irritating.
    You may want to focus on simple modal verb usage before you try out 'big' words.

  2. #1227
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    Quote Originally Posted by Bettyboo
    You may want to focus on simple modal verb usage before you try out 'big' words.
    I am going to live in Isaan and will need to speak Engrish like a Khon Isaan, innit ?

  3. #1228
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    Oh fuck, does this mean the fucking Bubbles are still with us and will expect another bailout next year?

    Christ, just what does it take to humiliate Stavros into fending for himself? These greasers have absolutely no self respect, have they? Pikey dross and only fit for cheap holidays and lamb kebabs.

    Europe's little own Mexico, innit Stavros. Ok peeps?

  4. #1229
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    Quote Originally Posted by Seekingasylum View Post
    Oh fuck, does this mean the fucking Bubbles are still with us and will expect another bailout next year?

    Christ, just what does it take to humiliate Stavros into fending for himself? These greasers have absolutely no self respect, have they? Pikey dross and only fit for cheap holidays and lamb kebabs.

    Europe's little own Mexico, innit Stavros. Ok peeps?
    Until we know the whole agreement, it's a bit hard to know what it all means, but so far, this is a game changer.
    If it's excepted then the Greek central bank is the ECB and the ECB will be responsible for servicing the loans.
    Greece passes over it's monetary control and becomes a state of Europe, just like a US state.
    If a US state goes broke it doesn't leave the USA or print it's own money, federal control, other countries could follow.
    Betting this was not thought up in an overnight meeting, yesterday.

  5. #1230
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    The bubble bursts at Banko Kleftiko: RICHARD LITTLEJOHN imagines what Harry Enfield's character Stavros the kebab shop owner would think of the Greek crisis

    By Richard Littlejohn
    Published: 01:02, 7 July 2015 | Updated: 05:50, 7 July 2015

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    Commentators are divided on what the future holds for Greece after voters said 'No' to a deal aimed at keeping them in the euro.
    So this column decided to consult our own resident expert, one of the most prominent members of the Greek community in Britain. With due apologies to Paul Whitehouse and Harry Enfield, here's Stavros...
    Hello, everybody peeps. Is your old friend Stavros here. Today all the talk in my kebab shop has been about the Greek peeps voting to leave the Urals.




    I apply to get Post-It vote, innit? But I receive snotty reply from Athens telling me I don't get no say because I am bloody foreigner what don't live in Greece no more.
    Blimmin' cheek. Doner be talking to me about bloody foreigners. Tottingham full of immigrants these days. Gyppos begging in street, picking the pocks, camping out by the war memorial, using the park like an open-air lavvy. Is absolute disgust.

    Stavros come here 40 years ago, used to be nice but now it feel like a foreign country. Nobody even speaka the Queen's Inglis, like what I does.

    An' doner get me starting on the Muslins, either. Tottingham High Road like downtown Afghanistan, all the pubs shut cos the Muslins don't drink, innit?
    As a small busy man, I've always vote Conservatory, ever since Grocer Heathcliffe. Pity we can't bring back Mrs Thatch

    Last Friday, I had gang of kids calling themself Al Murray or summink, waving that black Izal flag, an' telling me this was now a Muslin area subjeck to Cherie Amour, whoever she is, so I wasn't allow to sell beers no more or they gonna chop off my head and put me on Bookface.
    Had to chase them away with my kebab knife.
    All the wimmins in black berks, everything cover up except eyeholes. Is like looking at someone through letter-box.
    Someone sez that Mr Akhbar, nice man what runs public convenience store next to where the bookies used to be, anyway his daughter, only a slip of a girl, has run away to join Izal in Syriza and become yee-haw bride.
    Every peeps weepin' and wailin' and blamin' Old Bill, like they always do especially over riots an' all. But if you ask me, good rids. Make a change Muslins goin' over there instead of coming over here.
    Lol, I say, innit?




    Drone captures thousands celebrating 'no' vote in Athens





    When I move to Tottingham from Greece, Stavros was only kebab taking-away for miles. Peeps beating path to door from all over. Now kebabs everywhere, Lebanese, Somalis, Moroccos, very bad for my busy. If this is what they call single market, they can stuff it. Too much cheap competition.
    These peeps they come over here, they try take my job and most of them getting benefits, and free council houses, too, on account of breeding like radishes.
    Is not only Greece in deep doggy-doo, kebab busy is not what it was. My takings well down, even though my dolmades voted best in town three years running by readers of Haringey Shopper.
    Just today, I get a cheque sent back from the Banko Kleftiko, mark 'Return to Drawer'. What drawer, I thinking to myself. Cutlery drawer, sock drawer, drawer where I keep my Demis Roussos cassettes?
    So I rings Mr Papadopolis, the manager of the Palmers Green branch, only there no reply, just recording mess which say Banko Kleftiko close until further notices.
    Same story at Banko Stifado, in Finsbury Park. When I try putting my card in hole-in-wall, it start flashing 'No money left' like that note from Labour peeps at Treasury when Call Him Dave become Prime Minister. What they mean 'no money'? Is bank, innit? How's a bank run out of money? That's like kebab shop running out of lamb.
    How am I s'pose pay for my season ticket to the Arse? I always support Arse, even though most peeps round here are supporting Tottingham, or a least they did before they all moved out to Cheshunt to get away from the immigrants.
    Tottingham High Road like downtown Afghanistan, all the pubs shut cos the Muslins don't drink, innit?

    Good job I still got suitcase full of drachmas, what I brought over when I immigrate from Greece. Accord to Sky on the telly, what I have on in shop for the football, now that Greeks vote 'No' to Urals, they going back to drachma, so could come in handy.
    I dunno what Greece doin' in the Urals anyway. Last time I looked, Urals in Russia. Now it say that Russia will bale out Greeks, so maybe it will be roubles in future, not drachmas.
    Simple currency always stupid idea. One-size-fit-all, my moustache. How could what fits Germs also fit Greece? You seen size of some of them frauleins? Big birds, they are, struggle to squeeze into a berk.
    All that bratwurst, I guess, not like healthy kebab and nice salad what Stavros sells. You wan' chilli sauce with that, missus?
    Still, no surprise to me that Greeks go belly-up. I went for holiday, see my family last year. None of my relatives have done an honest day's work for donkey's things.
    My cousin Theo, lazy git employ by Ministry of Olives since left school, got 13 month salary ever year, never paid any tax and retired at 50 on three pensions.
    I say to Her-Inside-The-Doors, this gotta end in tears, marking my words. One day the Germ prez, Mrs Merton, is going to get fed up with footing the bills. That's when the bubble is gonna burst.
    Very fun, Stav, she says. Bubble being what peeps in Tottingham call Greeks. Is Cockerney rhyme slang. Bubble and Squeak rhyme with Greek, innit? But you only use first bit, Bubble, not Squeak.
    You the Bubble what's gonna burst unless you lay off the moussaka, Stav, she say. Not me, I say. I'm on 5:2 diet. Some days I eat five kebabs, other days only two.
    I'll be voting 'No' when Call Him Dave has his referee on Europe. Might stop foreigners flooding over here at last

    Greece is the bursting bubble wrap. Complete chicken-in-a-basket case. Good job we living in Tottingham.
    As a small busy man, I work all hours, like Ronnie Barker in that funny prog with Del Boy as delivery man and Nurse Emmanuel with the big bouzoukis.
    But apart from me and Mr Akhbar, who I aforemenched a min ago, no one else in Tottingham seem to do any work at all, except robbin', sellin' drugs and claiming the Old Nat King Cole.
    If we's not carefree, I sez to Her-Inside-The-Doors, this country could go same way as Greece. Britain got even bigger debts than Greeks and that buy-to-let flat what I bought in Leytonstone with the zero-hours mortgage for my old age is look decidedly dodge.
    It's juss as well we got Ian Dunkin-Donuts and Boy George Osborne, not Gormless Brown or Ed Millerband, running things. As a small busy man, I've always vote Conservatory, ever since Grocer Heathcliffe. Pity we can't bring back Mrs Thatch.
    I might not be getting Post-It vote in Greece, but I do get vote in Tottingham and I'll be voting 'No' when Call Him Dave has his referee on Europe.
    Might stop foreigners flooding over here at last. And there's only one simple currency we need, that's the Great British Pound-in-your-pocket.
    Hello, Mr Farage peeps. You was dead right about Greece, innit? Usual? Double shish kebab, six-pack of Greek beer and a litre of Retsina comin' up. You want chilli sauce? Thought not.
    That'll be £25.99 for cash. No, sorry, we don't accept cheques. Do you mind your change in drachmas?

  6. #1231
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    So Merkel/Germany now has total control of Greece, Hitler would be proud.

  7. #1232
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    Exclusive: Yanis Varoufakis opens up about his five month battle to save Greece

    In his first interview since resigning, Greece's former Finance Minister says the Eurogroup is “completely and utterly” controlled by Germany, Greece was “set up” and last week’s referendum was wasted.

    Greece has finally reached an agreement with its creditors. The specifics have not yet been published, but it is clear that the deal signed is more punitive and demanding than the one that its government has spent the past five months desperately trying to resist.

    The accord follows 48 hours in which Germany demanded control of Greece’s finances or its withdrawal from the euro. Many observers across Europe were stunned by the move. Yanis Varoufakis was not. When I spoke with Greece’s former finance minister last week, I asked him whether any deal struck in the days ahead would be good for his country.





    “If anything it will be worse,” he said. “I trust and hope that our government will insist on debt restructuring, but I can’t see how the German finance minister [Wolfgang Schäuble] is ever going to sign up to this. If he does, it will be a miracle.”

    It’s a miracle the Greek people are likely to be waiting for a long time for. On Friday night, when Greece’s parliament agreed to an austerity programme that voters had overwhelmingly rejected in a referendum five days earlier, a deal seemed imminent. A partial write-off of its debt owed to the so-called "Troika" – the IMF, the European Central bank and the European Commission – was unlikely but possible. Now, despite its government’s capitulation, Greece has no debt relief and may yet be thrown out of the Eurozone.

    Varoufakis, who resigned a week ago, has been criticised for not signing an agreement sooner, but he said the deal that Greece was offered was not made in good faith – or even one that the Troika wanted completed. In an hour-long telephone interview with the New Statesman, he called the creditors’ proposals – those agreed to by the Athens government on Friday night, which now seem somehow generous – “absolutely impossible, totally non-viable and toxic …[they were] the kind of proposals you present to another side when you don’t want an agreement.”

    Varoufakis added: “This country must stop extending and pretending, we must stop taking on new loans pretending that we’ve solved the problem, when we haven’t; when we have made our debt even less sustainable on condition of further austerity that even further shrinks the economy; and shifts the burden further onto the have-nots, creating a humanitarian crisis.”

    In Varoufakis’s account, the Troika never genuinely negotiated during his five months as finance minister. He argued that Alexis Tsipras’s Syriza government was elected to renegotiate an austerity programme that had clearly failed; over the past five years it has put a quarter of Greeks out of work, and created the worst depression anywhere in the developed world since the 1930s. But he thinks that Greece’s creditors simply led him on.

    A short-term deal could, Varoufakis said, have been struck soon after Syriza came to power in late January. “Three or four reforms” could have been agreed, and restrictions on liquidity eased by the ECB in return.

    Instead, “The other side insisted on a ‘comprehensive agreement’, which meant they wanted to talk about everything. My interpretation is that when you want to talk about everything, you don’t want to talk about anything.” But a comprehensive agreement was impossible. “There were absolutely no [new] positions put forward on anything by them.”

    Varoufakis said that Schäuble, Germany’s finance minister and the architect of the deals Greece signed in 2010 and 2012, was “consistent throughout”. “His view was ‘I’m not discussing the programme – this was accepted by the previous [Greek] government and we can’t possibly allow an election to change anything.

    “So at that point I said ‘Well perhaps we should simply not hold elections anymore for indebted countries’, and there was no answer. The only interpretation I can give [of their view] is, ‘Yes, that would be a good idea, but it would be difficult. So you either sign on the dotted line or you are out.’”

    It is well known that Varoufakis was taken off Greece’s negotiating team shortly after Syriza took office; he was still in charge of the country’s finances but no longer in the room. It’s long been unclear why. In April, he said vaguely that it was because “I try and talk economics in the Eurogroup” – the club of 19 finance ministers whose countries use the Euro – “which nobody does.” I asked him what happened when he did.

    “It’s not that it didn’t go down well – there was point blank refusal to engage in economic arguments. Point blank. You put forward an argument that you’ve really worked on, to make sure it’s logically coherent, and you’re just faced with blank stares. It is as if you haven’t spoken. What you say is independent of what they say. You might as well have sung the Swedish national anthem – you’d have got the same reply.”

    This weekend divisions surfaced within the Eurogroup, with countries split between those who seemed to want a “Grexit” and those demanding a deal. But Varoufakis said they were always been united in one respect: their refusal to renegotiate.

    “There were people who were sympathetic at a personal level, behind closed doors, especially from the IMF.” He confirmed that he was referring to Christine Lagarde, the IMF director. “But then inside the Eurogroup [there were] a few kind words and that was it: back behind the parapet of the official version. … Very powerful figures look at you in the eye and say ‘You’re right in what you’re saying, but we’re going to crunch you anyway’.”

    Varoufakis was reluctant to name individuals, but added that the governments that might have been expected to be the most sympathetic towards Greece were actually their “most energetic enemies”. He said that the “greatest nightmare” of those with large debts – the governments of countries like Portugal, Spain, Italy and Ireland – “was our success”. “Were we to succeed in negotiating a better deal, that would obliterate them politically: they would have to answer to their own people why they didn’t negotiate like we were doing.”

    He suggested that Greece’s creditors had a strategy to keep his government busy and hopeful of a compromise, but in reality they were slowly suffering and eventually desperate.

    “They would say we need all your data on the fiscal path on which Greek finds itself, all the data on state-owned enterprises. So we spent a lot of time trying to provide them with it and answering questionnaires and having countless meetings.

    “So that would be the first phase. The second phase was they’d ask us what we intended to do on VAT. They would then reject our proposal but wouldn’t come up with a proposal of their own. And then, before we would get a chance to agree on VAT, they would shift to another issue, like privatisation. They would ask what we want to do about privatisation: we put something forward, they would reject it. Then they’d move onto another topic, like pensions, from there to product markets, from there to labour relations. … It was like a cat chasing its own tail.”

    His conclusion was succinct. “We were set up.”

    And he was adamant about who is responsible. I asked whether German attitudes control the outlook of the Eurogroup. Varoufakis went further. “Oh completely and utterly. Not attitudes – the finance minister of Germany. It is all like a very well-tuned orchestra and he is the director.

    “Only the French minister [Michel Sapin] made noises that were different from the German line, and those noises were very subtle. You could sense he had to use very judicious language, to be seen not to oppose. And in the final analysis, when Dr Schäuble responded and effectively determined the official line, the French minister would always fold.”

    If Schäuble was the unrelenting enforcer, the German chancellor Angela Merkel presented a different face. While Varoufakis never dealt with her, he said, “From my understanding, she was very different. She tried to placate the Prime Minister [Tsipras] – she said ‘We’ll find a solution, don’t worry about it, I won’t let anything awful happen, just do your homework and work with the institutions, work with the Troika; there can be no dead end here.’”

    The divide seems to have been brief, and perhaps even deliberate. Varoufakis thinks that Merkel and Schäuble’s control over the Eurogroup is absolute, and that the group itself is beyond the law.

    Days before Varoufakis’s resignation on 6 July, when Tsipras called the referendum on the Eurogroup’s belated and effectively unchanged offer, the Eurogroup issued a communiqué without Greek consent. This was against Eurozone convention. The move was quietly criticised by some in the press before being overshadowed by the build-up to the referendum, but Varoufakis considered it pivotal.

    WhenJeroen Dijsselbloem, the European Council President, tried to issue the communiqué without him, Varoufakis consulted Eurogroup clerks – could Dijsselbloem exclude a member state? The meeting was briefly halted. After a handful of calls, a lawyer turned to him and said, “Well, the Eurogroup does not exist in law, there is no treaty which has convened this group.”

    “So,” Varoufakis said, “What we have is a non-existent group that has the greatest power to determine the lives of Europeans. It’s not answerable to anyone, given it doesn’t exist in law; no minutes are kept; and it’s confidential. No citizen ever knows what is said within . . . These are decisions of almost life and death, and no member has to answer to anybody.”

    Events this weekend seem to support Varoufakis’ account. On Saturday evening, a memo leaked that showed Germany was suggesting Greece should take a “timeout” from the Eurozone. By the end of the day, Schäuble’s recommendation was the conclusion of the Eurogroup’s statement. It’s unclear how that happened; the body operates in secret. While Greeks hung on reports of their fate this weekend, no minutes were released from any meetings.

    The referendum of 5 July has also been rapidly forgotten. It was preemptively dismissed by the Eurozone, and many people saw it as a farce – a sideshow that offered a false choice and created false hope, and was only going to ruin Tsipras when he later signed the deal he was campaigning against. As Schäuble supposedly said, elections cannot be allowed to change anything. But Varoufakis believes that it could have changed everything. On the night of the referendum he had a plan, Tsipras just never quite agreed to it.

    The Eurozone can dictate terms to Greece because it is no longer fearful of a Grexit. It is convinced that its banks are now protected if Greek banks default. But Varoufakis thought that he still had some leverage: once the ECB forced Greece’s banks to close, he could act unilaterally.

    He said he spent the past month warning the Greek cabinet that the ECB would close Greece’s banks to force a deal. When they did, he was prepared to do three things: issue euro-denominated IOUs; apply a “haircut” to the bonds Greek issued to the ECB in 2012, reducing Greece’s debt; and seize control of the Bank of Greece from the ECB.

    None of the moves would constitute a Grexit but they would have threatened it. Varoufakis was confident that Greece could not be expelled by the Eurogroup; there is no legal provision for such a move. But only by making Grexit possible could Greece win a better deal. And Varoufakis thought the referendum offered Syriza the mandate they needed to strike with such bold moves – or at least to announce them.

    He hinted at this plan on the eve of the referendum, and reports later suggested this was what cost him his job. He offered a clearer explanation.

    As the crowds were celebrating on Sunday night in Syntagma Square, Syriza’s six-strong inner cabinet held a critical vote. By four votes to two, Varoufakis failed to win support for his plan, and couldn’t convince Tsipras. He had wanted to enact his “triptych” of measures earlier in the week, when the ECB first forced Greek banks to shut. Sunday night was his final attempt. When he lost his departure was inevitable.

    “That very night the government decided that the will of the people, this resounding ‘No’, should not be what energised the energetic approach [his plan]. Instead it should lead to major concessions to the other side: the meeting of the council of political leaders, with our Prime Minister accepting the premise that whatever happens, whatever the other side does, we will never respond in any way that challenges them. And essentially that means folding. … You cease to negotiate.”

    Varoufakis’s resignation brought an end to a four-and-a-half year partnership with Tsipras, a man he met for the first time in late 2010. An aide to Tsipras had sought him out after his criticisms of George Papandreou’s government, which accepted the first Troika bailout in 2010.

    “He [Tsipras] wasn’t clear back then what his views were, on the drachma versus the euro, on the causes of the crises, and I had very, well shall I say, ‘set views’ on what was going on. A dialogue begun … I believe that I helped shape his views of what should be done.”

    And yet Tsipras diverged from him at the last. He understands why. Varoufakis could not guarantee that a Grexit would work. After Syriza took power in January, a small team had, “in theory, on paper,” been thinking through how it might. But he said that, “I’m not sure we would manage it, because managing the collapse of a monetary union takes a great deal of expertise, and I’m not sure we have it here in Greece without the help of outsiders.” More years of austerity lie ahead, but he knows Tsipras has an obligation to “not let this country become a failed state”.

    Their relationship remains “extremely amicable”, he said, although when we spoke on Thursday, they hadn’t talked all week.

    Despite failing to strike a new deal, Varoufakis does not seem disappointed. He told me he is “on top of the world.”

    “I no longer have to live through this hectic timetable,” he said, “which was absolutely inhuman, just unbelievable. I was on two hours sleep every day for five months. … I’m also relieved I don’t have to sustain any longer this incredible pressure to negotiate for a position I find difficult to defend.”

    His relief is unsurprising. Varoufakis was appointed to negotiate with a Europe that didn’t want to talk, no longer feared a “Grexit” and effectively controlled the Greek treasury’s bank accounts. Many commentators think he was foolish, and the local and foreign journalists I met last week in Athens spoke of him as if he was a criminal. Some people will never forgive him for strangling a nascent recovery by reopening negotiations. And others will blame him for whichever harsh fate awaits Greece this week.

    But Varoufakis seemed unconcerned. Throughout our conversation he never raised his voice. He came across as imperturbably calm, and often chuckled. His conservation wasn’t tinged with regret; he appears to be treating the loss of power as ambivalently as he treated its acquisition.

    Now he will remain an MP and continue to play a role in Syriza. He will also return to a half-finished book on the crisis, mull the new offers publishers have already begun to send him, and may return to the University of Athens in some capacity after two years teaching in Texas.

    By resigning and not signing a deal he abhorred, he has kept both his conscience free and his reputation intact. His country remains locked in a trap he spent years opposing and months fighting, but he has escaped.

    Harry Lambert (@harrylambert1) ran the New Statesman's UK election site, May2015.com.

    Exclusive: Yanis Varoufakis opens up about his five month battle to save Greece

  8. #1233
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    Boo, listening to you I have visions of armed bankers charging in the greek parliament with bags of money shouting take my money or you life.

    You say that the greek people gained nothing from the bailouts, those bailouts delayed this day of reckoning by over 4 years. It gave them time to restructure and reform.. have a less currupt less venal government... and opportunity their sense of thai nationalism prevented them from achieving. ho yes, they got amazingly low interest rates.

    At then end of the day, the greek people have been routinely voting in government after government who have spent routinely spent in excess of their revenues. governments that have lied and cooked the books to a staggering degree to hide the depth of their debts.

    They have used these lies to join the euro and gain better interest rates and leach of the stability of the other eurozone nations. they actively went out and asked banks for money using these lies to give the false impression that their were able to repay these loans.

    The banks should face the rath of the public for being so gullible that they bet their businesses on greek lies to the point that the eurozone tax payers have had to buy greek loans off them at 100% their face value.

    But at the end of the day, it is the greek government that lied in order to get these loans. if we did this we would be guilty of the criminal offences of deception and fraud... and the only reason this has happened is because the greek electorate gave the keys to power consistently to a bunch of crooks. Its why the eurozone are insistent on depolitcalisation and independence for the government statistical department.

    It is not so much the banks who have socialised their losses, it is the greek nation that has socialised their excess spending over the last 30 years onto all the tax payers of the eurozone.

    That greek government, with the support of the electorate has managed to curtail reforms designed to take their snouts out of the troff and prevent this mess reoccurring for the last 5 years... its early surprising that after trying a 'too big to be allowed to fail' vote in the referendum... that their bluff has been called... after all if the greek pm had ever intended to have great as an option, he would have prepared contingencies for a post euro greece.... which according the greek banks he didn't.

    I still think they are a long way off from a deal. yes the greek pm has agreed, but parliment hasn't and more importantly all those no voters to whom he gave the populist's false hope have got to be convinced they have no option. because they have no wriggle room, they have taken it that close to the edge... they and their government are bankrupt and even if they print their own money they don't have the money for imports. And whilst some of the drug companies have accepted they will never get paid, but are still willing to ship life critical drugs to greece... I doubt the oil producers will feel quite so generous.


    Going forward, the greeks have to come to terms with the past now over and the way they allow their country to be run will have to change. they need to prove to the eurozone they can and will change the nature of their government... make it a little less this like. The eurozone will have to come to terms that they are going to have to not only write off debt as a haircut and/or inflationary devaluation and that they are going to have to implement a medium term stimulus package to pump start the private sector... which greek government has been stifling for decades.
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  9. #1234
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    Quote Originally Posted by jamescollister View Post
    Until we know the whole agreement, it's a bit hard to know what it all means, but so far, this is a game changer.
    If it's excepted then the Greek central bank is the ECB and the ECB will be responsible for servicing the loans.
    Greece passes over it's monetary control and becomes a state of Europe, just like a US state.
    If a US state goes broke it doesn't leave the USA or print it's own money, federal control, other countries could follow.
    Betting this was not thought up in an overnight meeting, yesterday.
    That's the price of keeping Russian influence out of Europe.
    Still it's a long way from where the Greek population wanted to be.
    The coup is complete.

  10. #1235
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    Quote Originally Posted by hazz View Post
    You say that the greek people gained nothing from the bailouts, those bailouts delayed this day of reckoning by over 4 years..
    Is that all we should be grateful for from our leaders these days?
    That they have averted catastrophe just a bit longer.

    The fear is as manufactured as the zeros in a computer.

    All hail the saviours.


  11. #1236
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    Another enforced loan, at the cost of selling of the silverware at massively below market value to the same bankers who will get the vast majority of the loan into their pockets.

    Blood on the streets in Greece soon - this will not end well.

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    I'm not surprised Varoufukitis was unperturbed during his conversation when he regaled the hapless interviewer with his biased recollection of events, mostly vacuous rhetoric it seems.

    He is somewhat typical of the egregious Greek socialists beating the nationalist drum to the rhythm of the mob baying for German blood in their indignation at actually being forced to pay back what they borrowed. In his case he can comfort himself with his income from his many investments all derived from that " cheap money " and which he has salted away in various European bank accounts safe from the depredations forced upon the Greeks by his and his socialist henchmen's incompetence and avarice.

    That's the problem with nitwits like Boo and Brrm Brrm Boy, they can never see the man, only the spurious doctrine and silly dogma cloaking his base nature.

  13. #1238
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    Quote Originally Posted by buriramboy
    Exclusive: Yanis Varoufakis opens up about his five month battle to save Greece
    Thanks.

  14. #1239
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    Quote Originally Posted by Neo
    That they have averted catastrophe just a bit longer. The fear is as manufactured as the zeros in a computer.
    Too true, but be grateful!!!!!!

  15. #1240
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    Quote Originally Posted by Seekingasylum
    That's the problem with nitwits like Boo and Brrm Brrm Boy, they can never see the man, only the spurious doctrine and silly dogma cloaking his base nature.
    The article showed a clear mind and conscience.
    .

  16. #1241
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    Quote Originally Posted by OhOh View Post
    Quote Originally Posted by Seekingasylum
    That's the problem with nitwits like Boo and Brrm Brrm Boy, they can never see the man, only the spurious doctrine and silly dogma cloaking his base nature.
    The article showed a clear mind and conscience.
    .

    The greek communist swine may have still some support here at TD...
    bud..bud...bud...bud that's all folks.
    And Looney Tunes has gone off into the horizon.

  17. #1242
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    Quote Originally Posted by OhOh View Post
    Quote Originally Posted by Seekingasylum
    That's the problem with nitwits like Boo and Brrm Brrm Boy, they can never see the man, only the spurious doctrine and silly dogma cloaking his base nature.
    The article showed a clear mind and conscience.
    .
    Err, are you well? It showed a man who has washed his hands of all responsibility for his actions leaving behind his wretched people to pick up the pieces whilst he swans off to Texas to some hick University where doubtless he will entomb the minds of the young in the mausoleum of his bankrupt doctrines.

    These Greek socialists only care about preserving the illusion of their integrity. It may well convince their simpleton lower classes lolling about in the kafenions, and the usual suspects on this board, but we more enlightened folk know them for the hypocritical charlatans they truly are.

  18. #1243
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    Quote Originally Posted by Seekingasylum
    Err, are you well?
    I do have a shoulder that could do with manipulation, but other than that can't complain thanks.

    ^As a government minister serves his political master, the Greek PM. If he loses his masters trust/approval he should resign, he did. Any subsequent actions taken by the Government are not his concerns or baggage to shoulder.

    A little more on the "requested" home of the Greek assets if this agreement is agreed by the relevant governments.

    https://hat4uk.wordpress.com/2015/07...eyond-tripras/

    "1. Effectively, the eurogroupies (and we must include Draghi in their number, however rarely he appears onstage) have demanded nothing less than the surrender of Greek sovereignty in return for more bailout monies which will not, of course, bail them out. The medium by which the EU will ensure value for money is the straightforward introduction of a secured loan process: the setting up of an asset-filled bank account. The bank involved, KfW, is owned entirely by the German government; it operates out of Luxembourg – a blatant tax-evasion regime controlled by EC boss Jean-Claude Juncker. Thus both factions in the egroupe v EC squabble have obtained equal pounds of Hellenic flesh.

    2. Like Luxembourg itself, the KfW bank has a somewhat cloudy horizon of financial history. On October 22nd 2008, the bank transferred €319m of funds to US bank Lehman Brothers in what many have since characterised as a Washington plea to help help save Lehman, and thus avoid the meltdown that swiftly followed. Like the dutiful American vassal it is, the Bundesgovernment sent the cash…but it was too little too late. Police raided the KfW bank at the time, but charges
    were never brought.


    3. The KfW lack-of-trust fund was set up jointly by the Troika and BoG boss Yannis Stournaras during his disastrously spineless spell as Finance Minister under the ND/PASOK coalition of collaboration. Thus Syriza’s freedom of movement has been curtailed by the Greek Central Bank, in the same way that the European Parliament has been usurped by Draghi’s all-powerfully unelected ECB.

    Who opened the eurozone door to Greece? The Germans and the French. Who oversaw this? French ECB boss Trichet. Who benefited from Greek borrowing? French bankers, German arms dealers & the folks who vote Nia Demokrita.

    Ah, the delightful smell of putrefying EU hypocrisy of a summer’s evening."






    Quote Originally Posted by buriramboy
    WhenJeroen Dijsselbloem, the European Council President, tried to issue the communiqué without him, Varoufakis consulted Eurogroup clerks – could Dijsselbloem exclude a member state? The meeting was briefly halted. After a handful of calls, a lawyer turned to him and said, “Well, the Eurogroup does not exist in law, there is no treaty which has convened this group.” “So,” Varoufakis said, “What we have is a non-existent group that has the greatest power to determine the lives of Europeans. It’s not answerable to anyone, given it doesn’t exist in law; no minutes are kept; and it’s confidential. No citizen ever knows what is said within . . . These are decisions of almost life and death, and no member has to answer to anybody.
    Does this not make you wonder a little, are you content with this ?
    Last edited by OhOh; 14-07-2015 at 12:45 PM.
    A tray full of GOLD is not worth a moment in time.

  19. #1244
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    Quote Originally Posted by buriramboy
    And he was adamant about who is responsible. I asked whether German attitudes control the outlook of the Eurogroup. Varoufakis went further. “Oh completely and utterly. Not attitudes – the finance minister of Germany. It is all like a very well-tuned orchestra and he is the director.
    Quote Originally Posted by buriramboy
    The divide seems to have been brief, and perhaps even deliberate. Varoufakis thinks that Merkel and Schäuble’s control over the Eurogroup is absolute, and that the group itself is beyond the law.
    Quote Originally Posted by buriramboy
    “So,” Varoufakis said, “What we have is a non-existent group that has the greatest power to determine the lives of Europeans. It’s not answerable to anyone, given it doesn’t exist in law; no minutes are kept; and it’s confidential. No citizen ever knows what is said within . . . These are decisions of almost life and death, and no member has to answer to anybody.”
    The City of London Corporation, the Federal Reserve and these 4th reich Euro cronies/criminals are despicable entities that hate the citizens and spend all their time politiking and stealing 'beyond' the law.

    The similarities with the PADite scum and the idiotic posters on here who supported the PADites are clear to see; propaganda, nationalism and elitism are powerful tools that many muppets in this thread have bought into 100%...
    Cycling should be banned!!!

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    Quote Originally Posted by buriramboy View Post
    So Merkel/Germany now has total control of Greece, Hitler would be proud.
    Not yet ! Those white pale skinned drunken tourists have to be kicked off of our beautifull islands.

  21. #1246
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    Quote Originally Posted by Bettyboo View Post
    Quote Originally Posted by buriramboy
    And he was adamant about who is responsible. I asked whether German attitudes control the outlook of the Eurogroup. Varoufakis went further. “Oh completely and utterly. Not attitudes – the finance minister of Germany. It is all like a very well-tuned orchestra and he is the director.
    Quote Originally Posted by buriramboy
    The divide seems to have been brief, and perhaps even deliberate. Varoufakis thinks that Merkel and Schäuble’s control over the Eurogroup is absolute, and that the group itself is beyond the law.
    Quote Originally Posted by buriramboy
    “So,” Varoufakis said, “What we have is a non-existent group that has the greatest power to determine the lives of Europeans. It’s not answerable to anyone, given it doesn’t exist in law; no minutes are kept; and it’s confidential. No citizen ever knows what is said within . . . These are decisions of almost life and death, and no member has to answer to anybody.”
    The City of London Corporation, the Federal Reserve and these 4th reich Euro cronies/criminals are despicable entities that hate the citizens and spend all their time politiking and stealing 'beyond' the law.

    The similarities with the PADite scum and the idiotic posters on here who supported the PADites are clear to see; propaganda, nationalism and elitism are powerful tools that many muppets in this thread have bought into 100%...


    Chris Story gives an interest speech before his untimely and sudden death. He debriefed a KGB convert, Anatoliy Golitsyn, who said that the 4 stage plan to use the EU to take over Europe was set out thus



    The wall coming down was not the end of the Soviet Union, just the next stage in their plan. We are now at stage LIFE (10 - 14).

  22. #1247
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    Quote Originally Posted by Seekingasylum View Post
    I'm not surprised Varoufukitis was unperturbed during his conversation when he regaled the hapless interviewer with his biased recollection of events, mostly vacuous rhetoric it seems.

    He is somewhat typical of the egregious Greek socialists beating the nationalist drum to the rhythm of the mob baying for German blood in their indignation at actually being forced to pay back what they borrowed. In his case he can comfort himself with his income from his many investments all derived from that " cheap money " and which he has salted away in various European bank accounts safe from the depredations forced upon the Greeks by his and his socialist henchmen's incompetence and avarice.

    That's the problem with nitwits like Boo and Brrm Brrm Boy, they can never see the man, only the spurious doctrine and silly dogma cloaking his base nature.
    Your ignorance on this subject really is quite startling, Varoufakis was against the previous bailouts and he predicted years ago what would happen and it has played out exactly as he predicted. It isn't the current government that got Greece into its current mess or saddled the country with its debt. Anyway you have your wish as Germany has now annexed Greece in all but name.

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    Quote Originally Posted by HermantheGerman View Post
    Quote Originally Posted by buriramboy View Post
    So Merkel/Germany now has total control of Greece, Hitler would be proud.
    Not yet ! Those white pale skinned drunken tourists have to be kicked off of our beautifull islands.
    You could always put them in concentration camps or enslave them to help rebuild your new province as lets be honest we won't miss them.

  24. #1249
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    Quote Originally Posted by buriramboy View Post
    Quote Originally Posted by HermantheGerman View Post
    Quote Originally Posted by buriramboy View Post
    So Merkel/Germany now has total control of Greece, Hitler would be proud.
    Not yet ! Those white pale skinned drunken tourists have to be kicked off of our beautifull islands.
    You could always put them in concentration camps or enslave them to help rebuild your new province as lets be honest we won't miss them.
    Codex Alimentarius came from the Germans and that in itself will make the whole of the world no better, but with a higher death rate, than concentration camps ever managed.

  25. #1250
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    A wise German who said this 18 years ago.


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