Official Grexit Thread

Discussion in 'Politics' started by NasaJoe, Jul 1, 2015.

  1. TLDL ON GREECE - Feel free to nitpick


    -Greece has debt problems



    -In order to function, Greece regularly receives loans from the IMF and in return the IMF demands various austerity measures that the greece population does not like. (raising retirement age, cuts on government spending in some cases)


    -Greece's new government will not agree to the terms of the next round of IMF loans because everyone wants free money with no consequences.


    -If greece leaves the EURO it will have significant consequences for greece and there may be systemic risks for the fragile international banking system (hence why many people say greece will never leave the euro)





    I figured there should be a consolidated thread for Greece given the severity of the situation.


    "ATHENS (Reuters) - Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund."


    http://news.yahoo.com/anti-austerity-protests-gree...









    I'm split on whether or not they will leave. At first i was like, OH YEAH THEYRE DEF LEAVING, now im like, WELL IF THEY LEAVE, GREECE IS SOL AND SO MIGHT A FEW BIG BANKS
     
  2. Who cares what ass-fuckers do? :mad:
     
  3. The countries they owe money to.


    Pay debts Greece!

     
  4. Fuck it, just print up a bunch and give it to them!


    What's the problem? [​IMG]


    [​IMG]


     
  5. Good for Greece not fucking its people and selling them down the road. I hope Greece leaves and others follow. Can you imagine if they were invited and joined Brics? Shit could get very interesting.
     
  6. #6 Deleted member 839659, Jul 4, 2015
    Last edited: Jul 4, 2015
    Riots erupting. witnessing the fall of a nation here












    they won't learn their lesson
     
  7. if Greece wants to play like they're a world class economy, then they need to produce something they can sell to the world, otherwise they need to live within their means.


    It's fucking Greece after all. How bad can it be to be broke dick an live in Greece?


    Why is this even making headlines? It's like gay marriage all over. I can tell you, no matter which way they go, it won't effect my life one bit.

     
  8. Well, they sold anal sex to the world.
     
  9. What dude?


     
  10. ALL of them, according to the story.
     
  11. #11 DivineVictoryX, Jul 4, 2015
    Last edited by a moderator: Jul 4, 2015
    Good for Greece not fucking its people and selling them down the road. I hope Greece leaves and others follow. Can you imagine if they were invited and joined Brics? Shit could get very interesting.
    Greece is in a pickle. Most of the people want to say no. Leaving is the only option. If you join your still in debt.
    As for Brics. If Greece joins. Would other Countries leave the EU?
     
  12. Brics isn't dominated by London an d.c.

    I'm talking about the geopolitics of them leaving the EU, if you added to that they joined brics, it would be s huge symbolic blow to the west, and reaffirming of the east.
     
  13. You say that like it's a bad thing....
     
  14. [​IMG]

     
  15. This guy makes a lot of sense -


    \tLet me give you an example: Germany on the one hand, Greece on the other. For the Germans, the development of a single currency and a single European market was a dream come true. They knew that their domestic situation, the workers' councils that mediate the relationship between labor and capital, the ability of that relationship to keep prices from rising and to give workers job guarantees in exchange for not pushing wages up and to get the corporations to agree not to raise prices, meant that as Europe came together and as most other countries used the conversion of their local currency into the euro as an opportunity to really raise prices, the Germans would be in the end the most competitive economy. Not because they are technically more proficient, but because their domestic increase in prices was kept under control, while everywhere else, the euphoria of the common market and currency led businesses and unions to push up prices and wages. So it was a clever move by the Germans; it created for them an unbelievably profitable opportunity to export to the rest of Europe, to indeed move production from countries like Greece and Portugal and Spain back to Germany or to Germany in the first place, to take advantage of the price advantage that German domestic capitalism was able to achieve.



    \tIn contrast, a country like Greece, or many of the southern European countries, had a completely different idea. They imagined, in the classic mistake of conventional bourgeoisie economics, that they would benefit by a common currency and a common market because their wages were already lower than those in France, in Germany, Holland, Scandinavia, because they were a friendly-to-business climate, and they had this fantastic notion that the French, the Germans and the others would stand by while their economies were emptied out of manufacturing and other producers who would move instead to take advantage of lower wages within a common economy in the south of Europe. The terrible mistake there had two parts: First, they didn't understand that the Germans were not about to let that happen, and were busy taking a whole host of steps to make sure that not only did German industries not leave Germany for the south of Europe, but in fact, the reverse was happening, because of the price advantage that I have explained.




    <span style="font-size: 16px;">\tAnd the second mistake the southern Europeans made, including the Greeks, was not to understand that if capitalist enterprises in high-wage parts of Europe, Western Europe and Northern Europe in particular, if they were going to incur the expense of leaving, of moving production, they weren't going to go to Greece and Portugal and Spain. They were going to go to Asia and Africa, which is not that much further but much, much cheaper. Therefore, they're not going to stop halfway in a place like Greece or Portugal; they're going to go much further. In other words, the Greeks didn't understand the larger picture of capitalists moving, particularly to Asia, secondarily to Latin America, and finally to Eastern Europe and Africa, which is a major process of the last 50 years. [They didn't understand] how important that is, and how the competition the Europeans face from the Asian businesses, but also from the United States, which is doing this on a major scale, means that they cannot afford to stop in Greece. So the Greeks thought they would get an advantage, but they made a mistake and pushed for something that wouldn't bring them an advantage and in fact brought an advantage to the Germans and others at the expense of the Greeks, and that is why the experience of unity is so bitterly different for the different parts of Europe, even to the point of threatening the ability of the unity to survive.









    http://www.rdwolff.com/content/richard-wolff-greek...

    </span>
     
  16. That's very interesting. Never count out the Germans. Meanwhile...

    "Here's the scoop: Two days before the swaggering Sec-Def touched down in Germany, Gazprom announced that it was putting the finishing touches on a massive deal that would double the amount of Russian gas flowing to Germany via a second Nord Stream pipeline. The shocking announcement made it look like the clueless Carter had no idea what was going on and that his efforts to isolate Russia were a complete flop. And, make no mistake; the deal is huge, big enough to change the geopolitical calculus of the entire region. Robert Morley explains what's going on in a recent article at The Trumpet:

    “Once this pipeline is finished, almost all of Eastern Europe can be completely cut out of the gas picture. There will be no need for any gas to transit through Ukraine, Poland, Romania, Belarus, Hungary or Slovakia.” (Gazprom's Dangerous New Nord Stream Gas Pipeline to Germany, The Trumpet)

    Yep, Ukraine is out and Germany's in, which means that Washington's plan to extend US hegemony by driving a wedge between Russia and Europe is down the plughole.

    Judo expert Putin has done it again; he waited until the eleventh hour to pull the rug out from under the blustery Carter, and now he's sitting back enjoying the show. Is it any wonder why Carter's been running around Europe with his hair on fire? Here's more from the same article:

    “Think of the huge leverage this will give Russia…..Germany may not have much in the way of natural resources of its own, but with Russia's help, it is becoming an energy hub of Europe! Increasing quantities of Russian gas are flowing through Germany before being distributed to countries like the Netherlands, Belgium, France and Britain. In this way Germany leverages the power of Russia. Western Europe also is becoming dependent on Germany for gas supplies too…

    Don't let the current conflict in Ukraine cloud what is happening. Germany and Russia have a history of secret cooperation-even when headline conflict appears to indicate otherwise. That Germany and Russia would push through such a deal when the West is supposedly sanctioning Russia for its actions in Ukraine speaks volumes.” (“Gazprom's Dangerous New Nord Stream Gas Pipeline to Germany”, The Trumpet)

    Talk about sour grapes! The author would like you believe that US motives in Europe are pure as the driven snow, but are they? Is Washington really afraid of Russian aggression or are they trying desperately to keep the unipolar model intact by separating Germany and Russia? Isn't that what the sanctions are all about? STRATFOR CEO George Friedman summed up it up perfectly in a recent speech he gave at The Chicago Council on Foreign Affairs. He said:

    “The primordial interest of the United States, over which for centuries we have fought wars–the First, the Second and Cold Wars–has been the relationship between Germany and Russia, because united there, they're the only force that could threaten us. And to make sure that that doesn't happen.”

    Bingo. This is Washington's strategy in a nutshell, preventing German industry from linking up with Russia's vast natural resources. That's the lethal combo that will lead to an integrated Eurasian free trade zone that will dwarf US GDP and put an end to the empire. So don't believe the baloney about “Russian aggression”. What Washington really cares about is an economic rival that could leave it in the dust. And that's exactly what's going to happen when Germany becomes Moscow's biggest gas station."

    And the article continues but its quite long.


    beta.counterpunch.org/2015/06/29/putin-gobsmacks-uncle-sam-again/
     
  17. Post this video
    https://m.youtube.com/watch?v=nRWweMDjnKo
    We Are Change got some great footage,even got teargassed In the process.
    Greece is pissed and that's how people need to be when riot cops attack. Get angry and don't back down.
     
  18. THEY VOTED NO!!!


    Sent from my phone
     
  19. it's not done yet right? It does lead 61%!!!
     
  20. Looks like a no vote. It's a fucking stupid referendum anyway. They still owe everyone shit loads of money.
     

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