RabidMongoose
Lifer
- Aug 14, 2001
- 11,061
- 0
- 0
Well, a lot of the European countries have rejected caste systems, so I'm not sure why I would bring it up.
For the same reason you brought up genocide in a thread where it's completely irrelevant: you're a troll.
Here we go with elementary school routine... Answer the question that was posed to you first.
I think that most of the world needs to be concerned when a European country slides into third world status. This type of situation will likely lead in genocide or other sorts of European aggression. The US should place an aircraft carrier group outside of Greece as a sign that the world is tired of European violence, especially since this is the direction that most European countries are going.
Here we go with the therapist routine... Answer the question that was posed to you second.
Are you fucking retarded? First of all, there's already a carrier group within strike distance of Greece (OMG, someone at DoD must think like you!) Second of all, who exactly would carry out a genocide, and who would it be directed at? The rest of Europe decides the Greeks are worthless and kills them wholesale? The Greeks pick out the worst among their countrymen and start slaughtering them?
The Albanian minority in Greece would probably be the target of a slaughter. There is also a large Roma community surviving there despite brutal oppression. Everyone knows how many Europeans, Greek or otherwise, feel about Roma. They aren't even considered humans.
I don't know how they can possibly solve this.
Are you fucking retarded? First of all, there's already a carrier group within strike distance of Greece (OMG, someone at DoD must think like you!) Second of all, who exactly would carry out a genocide, and who would it be directed at? The rest of Europe decides the Greeks are worthless and kills them wholesale? The Greeks pick out the worst among their countrymen and start slaughtering them?
Here we go with the therapist routine... Answer the question that was posed to you second.
OK... you were trolling and don't want to answer a very simple question. Never mind. You're back on ignore.
Actually the problem is that the Euro was a disaster and I called it back then. You just can't have a bunch of different governments on a vastly different economic scale merge and create a new currency. The average wage in Greece is a lot lower than the average wage in Germany. So in essence, a German can go into Greece with a lot more buying power. The other problem is after this happened, the prices on a lot of good skyrocketed. One day a bottle of water in Greece cost .50 and then the next day its $1 euro with the change of money.
Its almost like the Mexico scrapping the Peso and going to the dollar. Mexicans would be at a huge disadvantage with their much lower wages.
Yes, they absolutely will not be able to get out of this without defaulting or debt forgiveness. Their economy is too weak and too debt laden and interest rates are sick. Do you know 2 year bonds went as high as 30% recently? THIRTY PERCENT. How can more time possibly help that?
Striking distance isn't much of a warning. I'm talking about parking one right off the Greek coast. Europe needs to know that the world isn't going to stand idle and let European genocide go out of control again. We're all tired of it.
Yes I agree none of us are prescient. I disagree, obviously, with the apparent logic that just because it could go one of two ways that the odds of either one are 50%.There is nothing "absolute" about Greece. Noone can claim they have "the" solution without speculating outside the facts. As much as it's possible for Greece to make it without a reconstruction of the debt it's still as possible they wont make it without a reconstruction.
The loan from IMF and the EU is not, if I've understood things correctly, linked to the 2yr bonds. I highly doubt IMF and EU demand 30% rates.
The modern world has many benefits built on pyramid schemes. Those schemes run their course and bankruptcy is ensured. The cradled populace, thinking those benefits are their birth right, riot and destroy civilization.
The entitlement mentality killed democracy. The United States WILL go the way of Greece.