Looks like Germany should just take over Greece.
they're already doing it.Looks like Germany should just take over Greece.
they're already doing it.
I have to commend the current German government for finally figuring out how to control all of Europe after the previous attempts ended in disaster.
lol. Everybody except Greece thinks Germans are the hardest working.
That makes me think of an old joke...
Heaven is a place where...
The British are the police.
Greeks are living a fantasy and the goose is nearly cooked. Once they leave the Euro many economics are predicting about a 50% reduction in the purchasing power of their new currency, which will have a crushing effect on their quality of life, launch unemployment even higher, and re-calibrate their entire economy away from the farce it has relied on (crushing and ever-growing debt) and will force it onto a more sustainable path. And, I'm sorry to say, that will mean no more retiring at 50 with a full pension for a hair dresser.
Greece is demonstrably corrupt as hell, and that isn't helping.
But what does this mean to the price of imported olive oil and vinegars from Greece?
Actually I ask in seriousness, but in regards to all of their exports in general. I would assume they will sell for less, but on the other hand, if their purchasing power will be halved, raw materials will be double which will of course be passed on to the end price.
That makes me think of an old joke...
Heaven is a place where...
The British are the police.
The French are the chefs.
The Italians are the lovers.
And the Germans run everything.
Hell is a place where...
The French are the police.
The British are the chefs.
The Germans are the lovers.
And the Italians run everything.
lol. Everybody except Greece thinks Germans are the hardest working.
My hat goes off to Italy, Greece, Poland, and Czech Republican. Each of them think their own country is the most corrupt.
External currency will go further and thus Greeks will pay a huge premium importing, and buying exports from them will cost less. Would also cost less to visit them and should help their tourism industry out a lot. I knew a person who visited Iceland after their currency went to sh*t and it was amazing how cheap his trip was.But what does this mean to the price of imported olive oil and vinegars from Greece?
Actually I ask in seriousness, but in regards to all of their exports in general. I would assume they will sell for less, but on the other hand, if their purchasing power will be halved, raw materials will be double which will of course be passed on to the end price.
they're already doing it.
I have to commend the current German government for finally figuring out how to control all of Europe after the previous attempts ended in disaster.