The biggest threat that the Greeks pose is that they may trap somneone else into lending them money that they will never repay.
Greece hasn't been a Great Power since the Romans invaded the Greek Peninsula in 146BC and made it part of the Roman Empire. Greece hasn't posed much of a threat to anybody, economically, politically and military, since Hipparchus determined the equinoctial point.
Nowadays it's a fourth rate power which can't fight its way out of a wet paper bag and needs to be propped up by the EU, a second-rate, declining power.
My sister's pet dog poses more of a threat to the world economy than Greece.
Maybe not the economic fallout but the political problems are worse.
Russia or China steps in and helps new problem right in the middle
of the EU. Besides Greece itself no problem if it leads to the end of
the EU that is something else
You mean praying to Jeebus won't help?This agreement solves nothing. It puts Greece further into debt and under the geometric accumulation of usurious interest charges. It imposes economic austerities that will guarantee that the Greek economy will never emerge from its depressed state, in fact will continue in its economic dissolution.
It forces Greece to start selling off Public Assets in transportation and infrastructure, which was always the intent of a rigged game that the Euro was. It mortgages its future to unpayable debt. It has the same origins in the monetarist ideology, in free trade, in deregulation, in privatization that was directly responsible for the economic crisis of 2008 and which will cause shock after shock to the international financial system until the whole cruddy structure collapses.
The IMF, the Euro Zone, the Financial and Trading corporate organisms, are an interconnected gang of criminals. The Euro is racket aimed at destroying the nation state, impoverishing and enslaving the world's workers, of usurping power into shady 'Front' oranizations like the IMF, World Bank, WTO controlled by Global Oligarchs.
Greece would be well advised not to surrender to these vampires. Its only hope is to leave the Euro and forge its own national destiny. It will cause months of chaos, but will salvage some kind of future, which Europe intends to sabatoge beyond redemption in its mad power lust.
You mean praying to Jeebus won't help?
So when Jesus said "If ye shall ask any thing in my name, I will do it." (John 14:14), he was just funnin'?God gave man the tools to forge his own material destiny.. for better or worse. If he chooses greed, vanity, sloth, lust, envy, avarice, anger.. then it will be for the worse.
So when Jesus said "If ye shall ask any thing in my name, I will do it." (John 14:14), he was just funnin'?
Ah, I see. So, when Jesus said "If ye shall ask any thing in my name, I will do it." (John 14:14), what he really meant is "I will do it if I think you've worked hard enough to help yourself."God helps those who help themselves. Let Greece put its own shoulder to the wheel and extricate itself from this road to nowhere that the EU is imposing on it.
They should have voted "yes" originally and not reneged on the original deal. Those poor Greek pensioners paying for youthful nationalism