Added: 3 months ago
From: TheRealNews
Views: 5,249
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (69)

Sign In or Sign Up now to post a comment!
  • Yes we had a better life whene we had drakmin ( I not good with laten English) Now with euros we have a bad life.

  • The once shining beacon of the world Greece is now held at ransom by a great evil that looms over the Western world. A nation that produced such men as Plato, Homer, Aristotle, Pythagoras and Leonidas is besieged but I have faith in the Greek people and my ancient heritage. I know that the peoples of that great nation will rise up and take back what was given to them a millennia ago. The spirit of that ancient race still flows within the blood of Greece and will rise up and inspire the world.

  • @maneatslion k. Could you pay back your debt before you do that? thanks.

  • not only kick them out, but on their way out, bend them all over and shaft each and every one of them. that's what they did to europe from the day they joined. corrupt greedy greeks.

    ...then boot them out

  • i am a greek i say YES

  • This whole situation just proves the old addage "he who owns the gold makes the rules". Those WITH money are trying to force people who cannot service debt into debt. Then, when their debt blows up, they take over governments and try to force austerity. This is a modern, financial form of slavery. Greece is not worthy of must debt. You gambled on your bonds, and you lost. Take your losses and let the Greeks unload their debt.

  • if they pull out of the Euro and go back to the Drachma Greece will still be failing and other countries' economies will also fail as a result of Greece leaving, like Spain, Portugal, Italy, etc.

  • They should have never went in to begin with. It made sense to me back in high school that it was a bad idea.

  • Is this blinking phone made in China?

  • SMASH THE EU

  • Yes Greece should dump the Euro. If they want the shortest pain they should cut spending to no more than their income immediately.

    Doubtful they would, more likely they would try the stimulus/hyperinflation route. Which would entail 5-10+ years of abysmal conditions.

    It would be a painful lesson to learn, but at least it would be the people's choice. Nothing is ever learned when a technocrat makes your decisions for you.

  • @sirellyn stimulus/hyperinflation argument is a myth. Roosevelts stimulus did not create hyperinflation

  • @vesemre Maybe you don't believe the in law of gravity either. But when spending rises exponentially every year, income cannot. The remainder can only come from debt or inflation. Given that China and others have been reducing it's borrowing 60% per anum since 2008.

    The only thing left is inflation. It's pretty simplistic arithmetic.

    Maybe you are the one person in the world whose prices haven't gone up since 2008. Back here in reality we have about 7% inflation.

  • @sirellyn Well it is not simple arithmetics. You need a general equilibrium model and lots of assumptions about fundamentals. If you have an idea about these issues please mention them so that we can have a meaningful discussion. As for the irrelevant statistics that you mentioned, correlation does not imply causation

  • @vesemre I give you a grade school simple balance sheet problem to work out and it's irrelevant because of the idea of an equilibrium model?

    Funny that in 2008 they asked Greenspan why the Fed didn't see the housing crash coming, and he said Well, my models were wrong.

    Really? Models can be wrong? Maybe if people relied less on models that can be wrong and more on, I don't know... MATH.

    We wouldn't have these problems.

  • @sirellyn Look I will try to explain why this is not a balance sheet problem with a simple fact: because prices are not sticky in the long run. Depending on what you think about the price setting mechanism your predictions about the stimulus/inflation relationship will be different.This question has not been resolved.Actually there are few macro questions that have been resolved.People have been discussing issues like this for over decades and you simply cannot ignore these discussions

  • Comment removed

  • @sirellyn But our discussion is not that important actually.Your initial claim was about the correlation between hyperinflation and expansionary government policies not inflation and stimulus.Hyperinflation is a very rare case which is used by the establishment to scare people.Stimulus may lead to some inflation in the short run but we are talking about 5% or 10% here.My response is: So what.The welfare cost of 5% inflation is nothing compared to 5% unemployment.

  • Yes, Greece should get out. And so should everyone else! The Euro was based on optimistic and false premises to start with + bankers are being placed in charge of entire governments without even being elected. It will be economically painful to leave the Euro, no doubt about it, but this is nothing compared to the economic dictatorship which the global elites are trying to impose for next 100 years. I'm against nationalism, but if the people of a country no longer have a voice? then what?

  • Fascism is what happens when bankers, industrialists, agribusiness, etc. decide that their interests are better served by dictatorship than by parliamentary rule. Rule by "technocrats" essentially. Fascist Italy and Nazi Germany were essentially technocratic states with really effective PR campaigns. Behind all the rhetoric then as now is a ruling class that uses coercive power to force the public to give it what it wants - bailouts, low taxes, subsidies etc.

  • GREECE SHOULD PULL OUT OF THE WHOLE ENSLAVING MONETARY SYSTEM AND ADOPT A RESOURCED BASED SOCIETY !

  • Do like Iceland!!! Let the banks go down!!!! The Icelandics are allready back on their feets.

  • Great ideas! The entire world should live in self sustaining eco villages. Until we have the people's needs cared for we will continue to have economies and governments that serve corporations first. Once the people are fed and housed (as a birthright combined with the responsibility to be self sustaining) we will have free people, not slaves to elite money cartels.

  • Germany would love it.

  • It's not "worrying". It's blatant fascism ;)...

  • at 7:50 i thought aliens attacking me

  • Let's hope for all our sake, that the Greek people will find the courage and resolution to break out of the financial entrapment, into which the international usurers together with their local quislings brought them. Indeed, Peoples all around the World need to re-claim their Supreme Sovereignty from the bankers, before they push all of us into global slavery .

  • it depends how you frame the question.. 'do you want out of euro, keep the benefits, but have more say on how you want to spend it?' yes. 'do you want to pull out and have your currency collapse, your country not being able to afford dole as a result, and everyone starts over and has to work harder?' i suspect no. everybody wants everybody else's money.. no one really has a problem with wall street. they just want their share too. issue is not greed. difference in scale is their excuse.

  • The Greek people didnt sign anything they were never asked and all the desicions that have been taken that concern the future were taken by the Greek elite that have no legality whatsoever.Greece is not for sale the sooner the jewish bankers understand it the better.

  • @neo19158 shut the fuck up you anti-semitic piece of shit. My grandparents fought cunts like you at Cable Street, Spain and during WWII, I hope you die painfully you Nazi pig-fucking scum.

  • @theindiekidable

    You should take a look in the mirror and the friends around you and maybe you will see who is the real nazists. Zionists are nazists, maybe you know a few..

  • @freshhug Are you retarded? That doesn't make any sense.

  • @theindiekidable

    Maybe not for an indoctrinated fella like you but for anyone with a critical sense to break through all the bullshit it's crystal clear. Are you a moron? or just brainwashed?

  • @freshhug I have two degrees from two top UK universities. So I almost certainly far more well-educated than you.

  • @theindiekidable

    A typical repsons from a moron, breed with brainwashing. Let me clarify some things for you.

    1. You know nothing of me and taking the standpoint that you are better educated is stupid to say the least.

    2. To try to judge and assume peoples understanding and/or intelligense based on scholar experiense is really just a proof you haven't payed ANY attention at school.

    3. Put theese things aside, any 7-year old have a better sense of RIGHT then you do, hense; you= moron.

  • @freshhug

    A typical response from a moron, bred with brainwashing. Let me clarify some things for you:

    1. You know nothing of him, and taking the standpoint that you are better educated is stupid to say the least.

    2. To try to judge and assume peoples understanding and/or intelligence based on scholar experience is really just proof that you haven't paid ANY attention at school.

    3. Put these things aside, and any 7-year old would still have a better ability to spell than you.

    Moron.

  • @SuperKickAss145

    Wow.. One day when you are all grown up you will be able to compete in the mirror-answer-debates. Let's all give a big round of applauds to this moron.. Good luck on your moron-competition.

  • @theindiekidable then fuck your grandparents khazar boy i fucked anna frank this morning and came in her eyes.

  • @neo19158 Fucking Nazi moron...I thought my comrades killed you all when you lost the war.

  • @theindiekidable after your granny sucked me at cable sreet i did what all nazis did i went to the usa god bless america,sicko stay away from me.

  • @theindiekidable Zionist scum your gay commie family tree has no interest for me if i want to say jewish bankers i will say it, live with it.

  • @theindiekidable

    Your grandparents would fight YOU today and is undisputably disgraced by the zionist community of today.

  • lol so they sold their sovereignty, borrowed a bunch of money they can't afford AND THEN you say they should putt out???? this is retarded. they should have pulled out months ago, but their govt is all sold out like in america and they sold their country. even if they wanted to leave they can't. THEY SOLD THEIR SOVEREIGNTY

  • one word Fucked

  • Greece needs a revolution and the establishment of a revolutionary people's government that will set Europe aflame with revolutionary passion!

  • it's too late for greece to pullout, they already got aids.

  • "They [the people] have a right, . . ."? and: ". . . . in the interest of the working people, . . . ."? What has that guy Costas Lapavitsas been smokin'?

  • Should Greece pull out of the Euro? Yes!

  • I don't see how the America's issue is any different from the Greek issue! Its all BS & its time for a WORLD overhaul in the greedy banking system!

  • Three words. World is fucked.

  • Kick them out, the EU already dropped billions into a sinking ship, Greek default seems inevitable, probably would be best for Greece aswell, honestly they should've never been aloud to join, obviously a little late for that.The Eurozone needs to be reformed, so countries that would like to be part of it have to maintain a certain fiscal responisbility, so a mess like Greece etc. doesn't happen again.

  • They should pull out of the Euro and then we all can pull out of the United Nations.

  • For bthe last time, YES!!!!!! Get out!!!

  • @OnlyGreatness007 I can't seem to understand you. Are you offering an alternative to the globalist agenda...???

  • Greece, don't pay the bankers 1 penny. Arrest them for setting up the system and trying to sell off your assets. Also, look at Goldman Sachs, who came up with this scheme.

  • @penlovmov

    Does Greece make anything? What is so good about the Greek economy?

  • @Reido2828 big oil deposits, big natural gas deposits, massivee tourism while in the middle of 3 continents being a solid path of transporting goods, great agriculture with lots of unique top quality products, and the biggest fleet of transportational ships

    want more?

  • withdrawing from the EU is tantamount to demanding dinares for your oil.

  • EXACTLY. PULL OUT OR GET KICKED OUT? RE-PHRASE THE QUESTION RATIONALLY.

  • Should Greece be kicked the fuck out of the EU for not having their shit together? Probably. If they keep this up (being slackers) Turkey will fuck them up again.

  • The germanofrankis alliance that runs europe has put entire southern european populations under bankruptcy trusteeship. its appaling that the northern europeans are quite willing to remove, for the banks sake, the democratic rights of entire nations. shame on them.

  • @contacter I agree that it's a messed up situation but extraordinary measures must be taken to prevent a European catastrophe. The alternative would likely be worse both for the North and the southern countries. It's not an attractive option but what else is there at this point?

  • @nothing980454 are you a north european? if so which france, germany?

  • Comment removed

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more