nucklehead Posted June 29, 2011 Share Posted June 29, 2011 I don't know. Why do the tax 'n spend NDP oppose the HST? Link to comment Share on other sites More sharing options...
FeStealth Posted June 29, 2011 Share Posted June 29, 2011 Why is the Greek Conservative Opposition against the austerity measures is beyond me. Aren't conservatives supposed to be fiscally responsible or is that a myth? Or the Greek Conservatives opposing the measures just for the sake of opposition? What do the Greek politcial opposition want anyway? Link to comment Share on other sites More sharing options...
kyledude Posted June 29, 2011 Share Posted June 29, 2011 Edit: wrong thread Link to comment Share on other sites More sharing options...
The Situation Posted June 29, 2011 Share Posted June 29, 2011 Why is the Greek Conservative Opposition against the austerity measures is beyond me. Aren't conservatives supposed to be fiscally responsible or is that a myth? Or the Greek Conservatives opposing the measures just for the sake of opposition? What do the Greek politcial opposition want anyway? Link to comment Share on other sites More sharing options...
kyledude Posted June 29, 2011 Share Posted June 29, 2011 Why is the Greek Conservative Opposition against the austerity measures is beyond me. Aren't conservatives supposed to be fiscally responsible or is that a myth? Or the Greek Conservatives opposing the measures just for the sake of opposition? What do the Greek politcial opposition want anyway? Link to comment Share on other sites More sharing options...
key2thecup Posted June 30, 2011 Author Share Posted June 30, 2011 Link to comment Share on other sites More sharing options...
IceJava_ Posted June 30, 2011 Share Posted June 30, 2011 The riots on CNN last night looked pretty crazy. I have a few Greek friends from Age of Empires online. I hope they will be okay. Link to comment Share on other sites More sharing options...
ronthecivil Posted June 30, 2011 Share Posted June 30, 2011 I have a better idea: Boot Greece from the EU. If you don't pay your dues, you lose your membership. Sounds like the most logical arrangement. Link to comment Share on other sites More sharing options...
ronthecivil Posted June 30, 2011 Share Posted June 30, 2011 It is in the interest of cash-rich China to help resolve the eurozone debt crisis, but Chinese premier Wen Jiabao, who is visiting Britain and Continental Europe, will want a share of the West’s buying power in return. Link to comment Share on other sites More sharing options...
Offensive Threat Posted July 1, 2011 Share Posted July 1, 2011 "Too big to fail" is the problem of dealing with Greece. Too much foreign money lies in that country. All of their debt is held by foreign banks. They fail all that foreign money fails. Many of those foreign banks fail. That includes Banks in Canada and the US. Greece HAS to be propped up because the financial penalty for them defaulting would be disastrous to a world economy still weakened by dealing with the ongoing financial crisis. The interconnectedness of all things. Im beginning to believe that maybe post industrial economies cant be sustained over the long term. P.S. A lot of people are using the term 'GIVING Greece money" when really it is "LENDING Greece money" the current and future bailouts are not free money. They are loans. Like borrowing on credit card C to make the monthly payments on cards A and B. Fun times. Link to comment Share on other sites More sharing options...
Buggernut Posted July 2, 2011 Share Posted July 2, 2011 I don't know. Why do the tax 'n spend NDP oppose the HST? Link to comment Share on other sites More sharing options...
Magikal Posted July 2, 2011 Share Posted July 2, 2011 obviously bits cdc need some help understanding economics Link to comment Share on other sites More sharing options...
EmployeeoftheMonth Posted July 2, 2011 Share Posted July 2, 2011 I would think they'll just develop a strategy (since it's never been done before) to kick Greece out since they lied to get around the criteria for being accepted into the union. The Euro isn't bad, but apparently they need a much better screening process. I mean c'mon...fear the Greeks even when they bring gifts. Link to comment Share on other sites More sharing options...
Offensive Threat Posted July 3, 2011 Share Posted July 3, 2011 I would think they'll just develop a strategy (since it's never been done before) to kick Greece out since they lied to get around the criteria for being accepted into the union. The Euro isn't bad, but apparently they need a much better screening process. I mean c'mon...fear the Greeks even when they bring gifts. Link to comment Share on other sites More sharing options...
key2thecup Posted July 6, 2011 Author Share Posted July 6, 2011 Looks like Portugal will be the next to blow Portugal's debt downgraded to Junk Analysis: Portugal poisoned by Greece in cut to junk status (Reuters) - A downgrade of Portugal's credit rating to junk status underlines how the Greek crisis is poisoning other weak countries in the euro zone, regardless of their own efforts to shrink their debt and return to growth. http://www.reuters.com/article/2011/07/06/us-portugal-rating-poison-idUSTRE76545720110706 Link to comment Share on other sites More sharing options...
German_Canucks_Supporter Posted July 6, 2011 Share Posted July 6, 2011 How did Greece not meet the criteria to join the EU? Greece joined the European Union on Jan 1 1981. Its been in for 30 years. The exact criteria for entering the union was not introduced in legal format until the Copenhagen criteria was introduced and defined at the 1993 Copenhagen European Council. So just give up on them and the hundreds of billions of euros they owe other union countries? If Greece fails on a major level and stops paying its debts altogether the damage may be in the trillions to Countries and banks around the globe (you know, the people actually holding their debt). Its far to late to just kick them out now. Link to comment Share on other sites More sharing options...
ronthecivil Posted July 6, 2011 Share Posted July 6, 2011 Looks like Portugal will be the next to blow Portugal's debt downgraded to Junk Spain will be 3rd. Link to comment Share on other sites More sharing options...
JonnyDraft Posted July 6, 2011 Share Posted July 6, 2011 Link to comment Share on other sites More sharing options...
aGENT Posted July 6, 2011 Share Posted July 6, 2011 You know if the apocalypse is truly coming I wish it would just hurry up and get here. Link to comment Share on other sites More sharing options...
ronthecivil Posted July 6, 2011 Share Posted July 6, 2011 You know if the apocalypse is truly coming I wish it would just hurry up and get here. Link to comment Share on other sites More sharing options...
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