| Happy Article 50 Day 09:09 - Mar 29 with 13120 views | pickles110564 |
At last all we have been waiting for. We are all now joined as one in the quest to make Britain Great again. We are all leavers! |  | | |  |
| Happy Article 50 Day on 13:25 - Mar 30 with 1379 views | WeWereZombies |
| Happy Article 50 Day on 13:20 - Mar 30 by vapour_trail |
Tell you what gents, it takes some doing to take a thread started by pickles, downhill.
That's some going. |
On the proviso that we are not dragging this thread further downhill I think you have just won post of the day... |  |
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| Happy Article 50 Day on 13:28 - Mar 30 with 1373 views | Kievthegreat |
| Happy Article 50 Day on 13:22 - Mar 30 by GlasgowBlue |
As he is on ignore I can no longer see the question he asked. Furthermore, as he no longer shows on this thread to me, I can't answer him directly.
So it's a no.
Had he continued to debate, rather than trot out the same tired acustaion, then the answer would have been yes.
Happy? |
I think it'll be the best answer.
So moving on, your earlier post stated that the EU "Bankrupted the economies of Greece..." but the article you linked to states, "There is a great irony in a central banker being imposed as Prime Minister following a debt crisis fuelled by poor central bank decisions."
So was it poor central bank decisions in Greece that bankrupted them or the EU? |  | | |
| Happy Article 50 Day on 13:33 - Mar 30 with 1337 views | BanksterDebtSlave |
| Happy Article 50 Day on 13:24 - Mar 30 by GlasgowBlue |
I wipe dog sh1t off my shoe and pick up more as I continue to walk. Perhaps I shouldn't respond to Dolly's new representative on earth. |
The world, twtd and beyond as Glassers would like it....
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| Happy Article 50 Day on 13:47 - Mar 30 with 1325 views | GlasgowBlue |
| Happy Article 50 Day on 13:28 - Mar 30 by Kievthegreat |
I think it'll be the best answer.
So moving on, your earlier post stated that the EU "Bankrupted the economies of Greece..." but the article you linked to states, "There is a great irony in a central banker being imposed as Prime Minister following a debt crisis fuelled by poor central bank decisions."
So was it poor central bank decisions in Greece that bankrupted them or the EU? |
Like all countries, poor decisions by bankers lead to the finical meltdown in 2007/08.
However, Greece was linked to the EURO. Unlike the UK they couldn't print more money or lower their interest rates.
The richer northern EU countries, primarily Germany, screwed Greece. Bailout funds were provided to Greece on the condition that it brought in the kind of austerity, that you'd be the first to condemn if introduced in the UK, which has kept Greece in economic depression ever since.
The Austerity was demanded by the EU, hand in hand with the IMF, without the offer of debt relief, despite the unsustainability of Greece’s long-term debt.
The Greek people saw their wages and welfare benefits slashed, causing a vicious circle which affected the country’s ability to service its debt. As a result, the Greek economy has shrunk by roughly 305 over the past 8 years.
The IMF have since admitted that ‘upfront debt restructuring would have been better for Greece’. However, this didn't happen because it was deemed ‘not acceptable to the Euro partners’.
Greece’s economy was sacrificed for the greater good of the Euro project.
Maybe too many words for dollers and unless he can verify it on wiki he wouldn't have accepted it anyway.
Edited out of respect to Kiev. [Post edited 30 Mar 2017 14:24]
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| Happy Article 50 Day on 14:18 - Mar 30 with 1293 views | Kievthegreat |
| Happy Article 50 Day on 13:47 - Mar 30 by GlasgowBlue |
Like all countries, poor decisions by bankers lead to the finical meltdown in 2007/08.
However, Greece was linked to the EURO. Unlike the UK they couldn't print more money or lower their interest rates.
The richer northern EU countries, primarily Germany, screwed Greece. Bailout funds were provided to Greece on the condition that it brought in the kind of austerity, that you'd be the first to condemn if introduced in the UK, which has kept Greece in economic depression ever since.
The Austerity was demanded by the EU, hand in hand with the IMF, without the offer of debt relief, despite the unsustainability of Greece’s long-term debt.
The Greek people saw their wages and welfare benefits slashed, causing a vicious circle which affected the country’s ability to service its debt. As a result, the Greek economy has shrunk by roughly 305 over the past 8 years.
The IMF have since admitted that ‘upfront debt restructuring would have been better for Greece’. However, this didn't happen because it was deemed ‘not acceptable to the Euro partners’.
Greece’s economy was sacrificed for the greater good of the Euro project.
Maybe too many words for dollers and unless he can verify it on wiki he wouldn't have accepted it anyway.
Edited out of respect to Kiev. [Post edited 30 Mar 2017 14:24]
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TBH I wasn't. I'm actually in a lot of agreement about the handling of the banking crisis and it's aftermath on the countries like Greece, although I'd say I'm more critical of years of lack governance both nationally and at EU level which ignored potential risks and the fact that many countries (including Germany and the 'healthier' economies in europe) continually ignored rules on fiscal policy.
The main purpose of my posts was to get you to stop avoiding the point Dolly raised.
PS. "Piece of dog sh1t"? You stay classy GB
EDIT: Accidentally said "internationally" rather than "nationally" [Post edited 30 Mar 2017 14:21]
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| Happy Article 50 Day on 14:48 - Mar 30 with 1248 views | vapour_trail |
| Happy Article 50 Day on 13:47 - Mar 30 by GlasgowBlue |
Like all countries, poor decisions by bankers lead to the finical meltdown in 2007/08.
However, Greece was linked to the EURO. Unlike the UK they couldn't print more money or lower their interest rates.
The richer northern EU countries, primarily Germany, screwed Greece. Bailout funds were provided to Greece on the condition that it brought in the kind of austerity, that you'd be the first to condemn if introduced in the UK, which has kept Greece in economic depression ever since.
The Austerity was demanded by the EU, hand in hand with the IMF, without the offer of debt relief, despite the unsustainability of Greece’s long-term debt.
The Greek people saw their wages and welfare benefits slashed, causing a vicious circle which affected the country’s ability to service its debt. As a result, the Greek economy has shrunk by roughly 305 over the past 8 years.
The IMF have since admitted that ‘upfront debt restructuring would have been better for Greece’. However, this didn't happen because it was deemed ‘not acceptable to the Euro partners’.
Greece’s economy was sacrificed for the greater good of the Euro project.
Maybe too many words for dollers and unless he can verify it on wiki he wouldn't have accepted it anyway.
Edited out of respect to Kiev. [Post edited 30 Mar 2017 14:24]
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Agreed, a shameful episode. |  |
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| Happy Article 50 Day on 10:32 - Mar 31 with 1149 views | GlasgowBlue |
You don't understand the term liberal. | |
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| Happy Article 50 Day on 11:21 - Mar 31 with 1124 views | No9 |
| Happy Article 50 Day on 13:47 - Mar 30 by GlasgowBlue |
Like all countries, poor decisions by bankers lead to the finical meltdown in 2007/08.
However, Greece was linked to the EURO. Unlike the UK they couldn't print more money or lower their interest rates.
The richer northern EU countries, primarily Germany, screwed Greece. Bailout funds were provided to Greece on the condition that it brought in the kind of austerity, that you'd be the first to condemn if introduced in the UK, which has kept Greece in economic depression ever since.
The Austerity was demanded by the EU, hand in hand with the IMF, without the offer of debt relief, despite the unsustainability of Greece’s long-term debt.
The Greek people saw their wages and welfare benefits slashed, causing a vicious circle which affected the country’s ability to service its debt. As a result, the Greek economy has shrunk by roughly 305 over the past 8 years.
The IMF have since admitted that ‘upfront debt restructuring would have been better for Greece’. However, this didn't happen because it was deemed ‘not acceptable to the Euro partners’.
Greece’s economy was sacrificed for the greater good of the Euro project.
Maybe too many words for dollers and unless he can verify it on wiki he wouldn't have accepted it anyway.
Edited out of respect to Kiev. [Post edited 30 Mar 2017 14:24]
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"Like all countries, poor decisions by bankers lead to the finical meltdown in 2007/08."
Not to mention dishonesty and downright crookedness.
How would printing more money have helped Greece? Would not that have just increased inflation
They should have introduce tax reform and collected tax from the rich when the poor had nothing left to give.
How big a part did the Uk bamks play in pushing the ECB & the MIF to enforce austerity on Greece>
How much Geek money was quietly shipped out and into the London property market ? |  | | |
| Happy Article 50 Day on 11:24 - Mar 31 with 1110 views | GlasgowBlue |
| Happy Article 50 Day on 11:21 - Mar 31 by No9 |
"Like all countries, poor decisions by bankers lead to the finical meltdown in 2007/08."
Not to mention dishonesty and downright crookedness.
How would printing more money have helped Greece? Would not that have just increased inflation
They should have introduce tax reform and collected tax from the rich when the poor had nothing left to give.
How big a part did the Uk bamks play in pushing the ECB & the MIF to enforce austerity on Greece>
How much Geek money was quietly shipped out and into the London property market ? |
How would printing more money have helped Greece?
It's exactly what the Brown government did, alongside lowering interest rates, in this country. | |
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