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Greek elections

Greece has been shafted but what it wants in the here and now is deeply unrealistic.
and what's taht then? As far as I can tell, all they're asking for is to effectively renegotiate a more reasonable repayment schedule for the emergency loans taken out by previous government that are almost all falling due this year (well, and last year). They have far far more loans due for repayment this year than next, or the year after or any other year, so they only need to spread the payments more sensibly.

This problem was set up by the troika with their loan duration terms in the first place, only a complete idiot would expect all the loans to be repaid in the space of a couple of years, especially after their policies had resulted in the Greek economy crashing by 25%.
 
and what's taht then? As far as I can tell, all they're asking for is to effectively renegotiate a more reasonable repayment schedule for the emergency loans taken out by previous government that are almost all falling due this year (well, and last year). They have far far more loans due for repayment this year than next, or the year after or any other year, so they only need to spread the payments more sensibly.

This problem was set up by the troika with their loan duration terms in the first place, only a complete idiot would expect all the loans to be repaid in the space of a couple of years, especially after their policies had resulted in the Greek economy crashing by 25%.

They want debt relief, continued eurozone debt relief and no real consequences.

That is not realistic.
 
What is your analysis?

Forgive me if I am wrong, but it seems like you have little to offer so far...

Plenty of in depth intelligent analysis has been written on the subject, your skin deep posturing shows that you have not read it and I don't think that you are interested in anything that contradicts your prejudices so I'm not going to bother dancing to your tune.
 
I'm not sure that you know what pithy means either.

Given that you arrogantly never explain your cryptic nonsense when challenged, perhaps you are always too busy with other vital missions..., I think you know well what pithy means. Indeed, as you probably well know, your posts are more or less the definition of pithy.

It's usually a good thing but in your case, not.
 
Given that you arrogantly never explain your cryptic nonsense when challenged, perhaps you are always too busy with other vital missions..., I think you know well what pithy means. Indeed, as you probably well know, your posts are more or less the definition of pithy.

It's usually a good thing but in your case not.
Here he finds out that pithy means the opposite of what he thought it meant.
 
Plenty of in depth intelligent analysis has been written on the subject, your skin deep posturing shows that you have not read it and I don't think that you are interested in anything that contradicts your prejudices so I'm not going to bother dancing to your tune.

So you do not have an analysis?
 
This is almost as good as when he enlightened us all re: the Syrian Civil War and its spillover conflicts that there might be some Iranian involvement.
 
You regard what has happened to the Greek people as being of "...no real consequence"?

You tool.

Thousands of suicides, the impoverishment of millions to pay back Northern European banks who deceived both the Greek taxpayer and the other taxpayers of the European Union. All necessary sacrifices for the market, of course.

BTW where was this black and white morality play with goodies and baddies when we were bailing out the banks in 2008? Or were things suddenly more nuanced then?
 
Think in this situation u first gotta move the chains , get into the redzone and then and only then can u think about the end zone imo
 
They want debt relief, continued eurozone debt relief and no real consequences.

That is not realistic.
tbh they should be due vast amounts of compensation for the destruction suffered by their economy as a direct result of the troika imposed austerity measures, which were imposed on them based on several economics falsehoods.

Also the way the Eurozone is set up means that Germany is at a massive competitive advantage as it's foreign exchange rates are pegged lower than they otherwise would be, and Greece at a massive competitive disadvantage due to their exchange rate being higher than it otherwise would have been. For this to work there would need to be a process in place for alternative methods to redistribute that wealth more evenly among the eurozone to compensate those countries who were left unable to pull themselves out of recession because their exchange rate was too high and they were unable to export their way out of the recession in the way they previously could have done.

Germany's balance of trade surplus since the Euro has been staggering, that's not something they did themselves, that's a direct result of the inherent imbalance within the Euro. Greece, Spain, Italy, Ireland, Portugal in particular have all suffered from the reverse affect. This is a Eurozone problem, not a Greek problem, and Germany needs to understand that it's growing prosperity over the last decade has had a complete flipside for these other countries. Those countries would need to have been supported from the outset to compensate them for the economic impact of their relatively higher exchange rates by those countries who were benefitting from relatively lower exchange rates.


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To be fair it's not like the German state has ever been bailed out.

Or that the German state has built an unsustainable underfunded pension liability.

Or that the lazy fuckers should get out of their beds and work harder instead of trying to live in a weak currency zone which hugely benefits their industrial base...
 
So the wise men gather...
But you don't know what pithy means. And you come out with a lot of half baked cliches. And you don't really know the differences between capital controls/strikes/flight and so on.

And there are a lot of underemployed lawyers out there who do know this shit cuz...
 
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