@maiecinevaaici Grecii o sa moara de foame la fel ca si noi! Economia pe care ambele tari au avuto in ultimii 10 ani este nesustenabila pe termen lung acum ca nu mai primim imprumuturi ori murim de foame, ori concediem bugetarii. Greciilor nu lea convenit a doua varianta asa ca o so primeasca pe prima. RIP Greece!
@MrBloograss A) CNBC is mainstream media and whoever trusts in mainstream media is an idiot by default
B) Actually the riots r happening because we DONT wanna b bailed out...we want nothing to do with the system...we prefer to go bankrupt and start over...yup, thats right
C) i dont think obama needs greece's help to put HIS taxpayers on the chopping block...hes very succesful in milking them all by himself, while kiling them with the food they eat and water they drink
A writer watching the protests noted there was a sea of people out there. He then remembered Aeschylus's line, "Who will exhaust the sea?" The Greeks have so far shown greater stamina than even the most optimistic protesters had hoped. Keep it going, take down the government.
our plan is to hang the traitors... THEY ARE SELLING OUR COUNTRY!. And people can't afford the measures! 23% VAT on FOOD man!!! and the average greek salary is less than 1200 euros. A filthy appartment of 40 sq.m in Athens AT THE MOMENT costs at least 350 euros, a cup of coffee costs 3.50 euros... Are you kidding???????????
@hobbitakinew Just a little dose of reality: In Paris it's not unusual to pay more than your average Greek wage for a 40qm flat. And yet the average salary in France isn't 4000 euros per month. Living in big economic centers is expensive everywhere.
I wonder what their plan for the future is. Leave the Euro/EU. Default on their foreign debts and be shut out of the global credit market for decades. That's the only plan B I can think off.
@yotubix And what's wrong with that plan? Issue scrips, keep your assets, be done with it. Surely you realize that when they say Greece's budget is not on par, what they are really not telling you is that well over 10% of the budget services debt. Another 5% of GDP goes to the purchase of armaments, which they have not been allowed to lower.
@UdReks You forgot to add: "And deal with effects of that default, even more massive government redundancies + much worse terms of trade". The short term effects will be much worse than what the Greeks are protesting against now. But least there would be a long term solution out of the problem. Plus the rest of the EU doesn't have to pay for Greece anymore ;)
@yotubix Do you know Greece? Here's some quick math for you. Do NOT look at per capita GDP. Why? Greece is #1 in the world in shipping--tens of billions roll in, and Greece only charges a tonnage tax. Greece could field an entire squadron of shipping billionaires. What you need to look at is average compensation per worker. $12k. Average per public worker is $7k. The government would have a balanced budget tomorrow were it not for 10+% of it paying down a 154% debt to GDP...
..and it would have a surplus if it reduced its military buys from 5% of GDP to .5%. Terms of trade? Greece is not into high value goods. The big two industries are shipping and tourism (in effect, exports). It sells lignite and agricultural goods, already undercutting even the weakest EU countries in price--i.e. Bulgaria. The concern is food distribution and energy. As for the former, stop buying beef from France (go back to the Med diet), and as for the latter, burn dirty lignite.
@UdReks I am not sure what you are trying to tell me. Yes Greece has shipping and tourism as the mainstay of it's economy. But Greece's government was bankrupt before the bailout already. And obviously payed huge amounts of interest on it's huge debts. The bailout prevented the immediate collapse in favor of a long term collapse (i.e. what is happening now). Who is responsible for the actions of the democratically elected Greek government if not the people of Greece?
@yotubix I was simply trying to say that given the huge slashing of gov't spending already (15% of the budget) their budget is now on par once you back out half the debt service and half the European high % of GDP spent on military weaponry. This literally means that Greece could get by after a default as long as tourists keep coming to Greece. The only thing that is a question: are their food sources self-sufficient enough to feed the country?
@UdReks Well Greece needs oil, computers and lot's of other things from abroad, same as any other country, right? But sure, Greeks probably won't starve or be cold in the winter. But that can hardly be the benchmark, can it?
@yotubix Anyway, I don't think that we have a conflict at all. We both agree that Greek will leave the Euro in the near future, it's the only way out. And that it will be better for it in the long term. In the short term things will be worse regardless of what Greeks do anyway.
so....i guess i should just spend millions and millions and say to the govt...its not my fault, dont take my home and car because i bought a bunch a shit.
People in greece are nuts!! real greeks died hundreds of years ago, now its just full of lazy people
@lanebatts26 You are rather daft in the head. Greece has the lowest private debt. It's unlike the UK and USA and other countries in that regard. This is government debt. It's a simple concept to understand and I'm surprised you somehow missed this fact.
Dear AFP, get your info right. Greeks do not protest against austerity measures. They protest against all those useless governments who bankrupted the country through many years of bad financial management and suspicious - to say the least - deals with foreign bodies, while keeping the true situation from the public. Now everything has finally seen the light and Greeks are quite upset for the dire condition those governments have brought the country to.
@madgreek68 lets pray that the muppets in my country ireland can take note and get off there holes and do somthing about these scumbag bankers and imf
Rezist brothers the NWO is near graets from Romania,,,,,PS: TV=BRAINWASH Stop u loca media TV
maiecinevaaici 2 weeks ago
@maiecinevaaici Grecii o sa moara de foame la fel ca si noi! Economia pe care ambele tari au avuto in ultimii 10 ani este nesustenabila pe termen lung acum ca nu mai primim imprumuturi ori murim de foame, ori concediem bugetarii. Greciilor nu lea convenit a doua varianta asa ca o so primeasca pe prima. RIP Greece!
marketanarchist2011 2 weeks ago
@MrBloograss A) CNBC is mainstream media and whoever trusts in mainstream media is an idiot by default
B) Actually the riots r happening because we DONT wanna b bailed out...we want nothing to do with the system...we prefer to go bankrupt and start over...yup, thats right
C) i dont think obama needs greece's help to put HIS taxpayers on the chopping block...hes very succesful in milking them all by himself, while kiling them with the food they eat and water they drink
Time to wake up
TheAtheneanLight 8 months ago
from what i see on the news of riots and opposition to spending cuts, ur all nuts. Where are the spartans and athenians? :-)
lanebatts26 8 months ago
A writer watching the protests noted there was a sea of people out there. He then remembered Aeschylus's line, "Who will exhaust the sea?" The Greeks have so far shown greater stamina than even the most optimistic protesters had hoped. Keep it going, take down the government.
UdReks 9 months ago
@lanebatts26
our plan is to hang the traitors... THEY ARE SELLING OUR COUNTRY!. And people can't afford the measures! 23% VAT on FOOD man!!! and the average greek salary is less than 1200 euros. A filthy appartment of 40 sq.m in Athens AT THE MOMENT costs at least 350 euros, a cup of coffee costs 3.50 euros... Are you kidding???????????
hobbitakinew 9 months ago
@hobbitakinew Just a little dose of reality: In Paris it's not unusual to pay more than your average Greek wage for a 40qm flat. And yet the average salary in France isn't 4000 euros per month. Living in big economic centers is expensive everywhere.
yotubix 9 months ago
I wonder what their plan for the future is. Leave the Euro/EU. Default on their foreign debts and be shut out of the global credit market for decades. That's the only plan B I can think off.
yotubix 9 months ago
@yotubix And what's wrong with that plan? Issue scrips, keep your assets, be done with it. Surely you realize that when they say Greece's budget is not on par, what they are really not telling you is that well over 10% of the budget services debt. Another 5% of GDP goes to the purchase of armaments, which they have not been allowed to lower.
UdReks 9 months ago
@UdReks You forgot to add: "And deal with effects of that default, even more massive government redundancies + much worse terms of trade". The short term effects will be much worse than what the Greeks are protesting against now. But least there would be a long term solution out of the problem. Plus the rest of the EU doesn't have to pay for Greece anymore ;)
yotubix 9 months ago
@yotubix Do you know Greece? Here's some quick math for you. Do NOT look at per capita GDP. Why? Greece is #1 in the world in shipping--tens of billions roll in, and Greece only charges a tonnage tax. Greece could field an entire squadron of shipping billionaires. What you need to look at is average compensation per worker. $12k. Average per public worker is $7k. The government would have a balanced budget tomorrow were it not for 10+% of it paying down a 154% debt to GDP...
UdReks 9 months ago
..and it would have a surplus if it reduced its military buys from 5% of GDP to .5%. Terms of trade? Greece is not into high value goods. The big two industries are shipping and tourism (in effect, exports). It sells lignite and agricultural goods, already undercutting even the weakest EU countries in price--i.e. Bulgaria. The concern is food distribution and energy. As for the former, stop buying beef from France (go back to the Med diet), and as for the latter, burn dirty lignite.
UdReks 9 months ago
@UdReks I am not sure what you are trying to tell me. Yes Greece has shipping and tourism as the mainstay of it's economy. But Greece's government was bankrupt before the bailout already. And obviously payed huge amounts of interest on it's huge debts. The bailout prevented the immediate collapse in favor of a long term collapse (i.e. what is happening now). Who is responsible for the actions of the democratically elected Greek government if not the people of Greece?
yotubix 8 months ago
@yotubix I was simply trying to say that given the huge slashing of gov't spending already (15% of the budget) their budget is now on par once you back out half the debt service and half the European high % of GDP spent on military weaponry. This literally means that Greece could get by after a default as long as tourists keep coming to Greece. The only thing that is a question: are their food sources self-sufficient enough to feed the country?
UdReks 8 months ago
@UdReks Well Greece needs oil, computers and lot's of other things from abroad, same as any other country, right? But sure, Greeks probably won't starve or be cold in the winter. But that can hardly be the benchmark, can it?
yotubix 8 months ago
@yotubix Anyway, I don't think that we have a conflict at all. We both agree that Greek will leave the Euro in the near future, it's the only way out. And that it will be better for it in the long term. In the short term things will be worse regardless of what Greeks do anyway.
yotubix 8 months ago
@yotubix I agree they'll leave. I think they'll be better off sooner the sooner they do it.
UdReks 8 months ago
so....i guess i should just spend millions and millions and say to the govt...its not my fault, dont take my home and car because i bought a bunch a shit.
People in greece are nuts!! real greeks died hundreds of years ago, now its just full of lazy people
lanebatts26 9 months ago
@lanebatts26 You are rather daft in the head. Greece has the lowest private debt. It's unlike the UK and USA and other countries in that regard. This is government debt. It's a simple concept to understand and I'm surprised you somehow missed this fact.
UdReks 9 months ago
300 thousands were on Syntagma............
tasoskol 9 months ago
I am in AWE of the people of Greece! Their courage is humanity's inspiration.
eeeeeegadd 9 months ago 3
Down with the ruling globalist Banksters! Stop believing their too-big-to fail bullshit. Quit paying THEIR debts. Greece is only the beginning.
baahzeefist 9 months ago 2
Dear AFP, get your info right. Greeks do not protest against austerity measures. They protest against all those useless governments who bankrupted the country through many years of bad financial management and suspicious - to say the least - deals with foreign bodies, while keeping the true situation from the public. Now everything has finally seen the light and Greeks are quite upset for the dire condition those governments have brought the country to.
I hope this clarifies things a little.
Menippos 9 months ago 5
Smash the banks greece.
Tell your gov to go bankrupt. Its for the best. You have to get your gov to tell the banks to go to hell. Don't let them enslave you.
chaserehn 9 months ago 3
Go Greece!
Vignu79 9 months ago 3
lol thousands?... we were more than 200.000 last night!
ffsnickavailable 9 months ago 18
Thousands? Even according to official sources there were more than 100.000 people on the streets. I´m guessing more like 300.000.
Go Greece, don´t bow down to the elitist bankers! (and if you hang your PM I won´t shed a tear for him)
Axiomatic75 9 months ago 2
get the bankers from goldman sacs, they are the ones stealing your money.
TheDigimak 9 months ago 2
Iceland started it first .... lets keep the ball rolling! FUCK THE BANKS!
SimianAxiom 9 months ago 3
god bless greece,,from ireland
anthonybarrett79 9 months ago 10
@anthonybarrett79 And God bless Ireland,from Canada!!
madgreek68 9 months ago 3
@madgreek68 lets pray that the muppets in my country ireland can take note and get off there holes and do somthing about these scumbag bankers and imf
anthonybarrett79 9 months ago