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Inuyasha
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16 Sep 2012, 10:31 pm

xenon13 wrote:
The Wall Street Journal agrees with me

Quote:
... It is the euro zone that is committed to sound money, fiscal consolidation and structural overhauls designed to free up the supply side of the economy... Of course, the euro zone is not adopting this hair shirt approach entirely out of choice but because governments and the central bank are constrained by the strict rules surrounding membership of the single currency. Left to themselves, most national governments would go down the (money printing and deficit spending) route in the blink of an eye. In this respect, the euro is like the gold standard, keeping governments on the path of virtue. Indeed, the euro is a tougher constraint on governments because it has replaced national currencies, making it virtually impossible to quit. Old-fashioned orthodoxy has been hard-wired into the euro zone.


So you see, I am right. The EU is an extreme right wing de facto gold standard type of place and democratic governance is completely suffocated by the way by it. Oh, how some love to torture powerless people in the name of Virtue...


Well the fact is that Europe isn't under 1 government, and the fiscal policies don't match. Other problem is Greece owes too many people too much money. They've spent too much and they can't even pay the interest on their debt now unless they start cutting costs.

Greece isn't the only EU country that is in fiscal trouble, France is having some problems as well. Right now looks like Britain was smart not to go to the Euro.



xenon13
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17 Sep 2012, 10:35 pm

Britain is needlessly damaging itself with austerity, a completely unforced error as it has no euro straitjacket and indeed that's the problem with those euro countries. France, Spain, Italy, even Germany will fall into trouble and only because of that de-facto gold standard.



apostolos
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18 Sep 2012, 2:56 pm

My English aren't that good, so I can't contribute to the discussion..

But, here is an article that I find interesting:

http://users.ntua.gr/jmilios/Milios_Sot ... s_Euro.pdf



SlashinatorX
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22 Sep 2012, 1:13 pm

Greece has surpassed America Ukraine Mexico & Russia in cigarette consumption.

Maybe if the Greeks stopped smoking they wouldnt be so poor & unhealthy.

I bet them being the smoker capital of the world is contributing alot to their debt.

Smoking is why their lines at medical places are so long & why the average Greek is struggling to get by.



Northeastern292
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22 Sep 2012, 4:11 pm

Greece has had problems since the fall of the monarchy in the mid-60s (or mid-70s?).



xenon13
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23 Sep 2012, 11:37 pm

That was the fall of the colonels, most notably Colonel Papadopoulos. That was a fascist regime that tortured routinely.



DarthMetaKnight
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27 Sep 2012, 10:14 am

Tequila wrote:
Extreme parties (both quasi-Nazi and communist) always flourish in circumstances like this, especially as Greece has a very sizeable communist element. If the problems are solved, they'll melt away and return to their caves.


Someone needs to do something about those Nazi parties.

Nazis are terrible people. I once went on a Nazi website and tried to argue rationally with them but they wouldn't listen to reason. Then I trolled them but pointing out the fact that Nazis are ruining heavy metal music. Then I trolled them harder by telling them I had "hardcore interracial pornography". Then I spammed the site with links to Moon Man YTMNDs until I got banned.
True Story


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Tequila
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27 Sep 2012, 10:17 am

DarthMetaKnight wrote:
Someone needs to do something about those Nazi parties.


They wouldn't be nearly as popular if it wasn't for the desperate economic conditions. As I said, the far-left and far-right made gains.



Tensu
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27 Sep 2012, 11:23 pm

DarthMetaKnight wrote:
Nazis are terrible people. I once went on a Nazi website and tried to argue rationally with them but they wouldn't listen to reason. Then I trolled them but pointing out the fact that Nazis are ruining heavy metal music. Then I trolled them harder by telling them I had "hardcore interracial pornography". Then I spammed the site with links to Moon Man YTMNDs until I got banned.
True Story


Sounds like fun. I've often pondered doing something like this. :lol:



AspieOtaku
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28 Sep 2012, 3:02 am

[youtube]http://www.youtube.com/watch?v=QkWS9PiXekE[/youtube]Too bad they cant just kick people down the pit like the good old days.


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