Greece likely to exit euro and EU without deal with creditors – central bank

EagleSmack

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Just so we're on the same page here... You're saying that the oligarchs and international corporations (let's just call them the Illuminati to make things easier) have advanced billions of dollars to support Greece's entitlement programs and then, and only then, they collapse that economy such that the Illuminati then loses all its cash.

Yep... Makes all the sense in the world


That's Cliffy in a nutshell.
 

Blackleaf

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Oct 9, 2004
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From last week's The Last Leg

"The Greece Situation Explained Using The Jeremy Kyle Show"

http://www.youtube.com/watch?feature=player_detailpage&v=oZqBndsdgdg

The bubble bursts at Banko Kleftiko: RICHARD LITTLEJOHN imagines what Harry Enfield's character Stavros the kebab shop owner would think of the Greek crisis



By Richard Littlejohn for the Daily Mail
7 July 2015
Daily Mail

Commentators are divided on what the future holds for Greece after voters said 'No' to a deal aimed at keeping them in the euro.

So this column decided to consult our own resident expert, one of the most prominent members of the Greek community in Britain.

With due apologies to Paul Whitehouse and Harry Enfield, here's Stavros...

Hello, everybody peeps. Is your old friend Stavros here. Today all the talk in my kebab shop has been about the Greek peeps voting to leave the Urals.


I apply to get Post-It vote, innit? But I receive snotty reply from Athens telling me I don't get no say because I am bloody foreigner what don't live in Greece no more.

Blimmin' cheek. Doner be talking to me about bloody foreigners. Tottingham full of immigrants these days. Gyppos begging in street, picking the pocks, camping out by the war memorial, using the park like an open-air lavvy. Is absolute disgust.

Stavros come here 40 years ago, used to be nice but now it feel like a foreign country. Nobody even speaka the Queen's Inglis, like what I does.


Comedy actor Harry Enfield as Stavros the kebab shop owner

An' doner get me starting on the Muslins, either. Tottingham High Road like downtown Afghanistan, all the pubs shut cos the Muslins don't drink, innit?

Last Friday, I had gang of kids calling themself Al Murray or summink, waving that black Izal flag, an' telling me this was now a Muslin area subjeck to Cherie Amour, whoever she is, so I wasn't allow to sell beers no more or they gonna chop off my head and put me on Bookface.

Had to chase them away with my kebab knife.

All the wimmins in black berks, everything cover up except eyeholes. Is like looking at someone through letter-box.

Someone sez that Mr Akhbar, nice man what runs public convenience store next to where the bookies used to be, anyway his daughter, only a slip of a girl, has run away to join Izal in Syriza and become yee-haw bride.

Every peeps weepin' and wailin' and blamin' Old Bill, like they always do especially over riots an' all. But if you ask me, good rids. Make a change Muslins goin' over there instead of coming over here.

Lol, I say, innit?


Most Greeks have been retiring at around the age of just 50



Drone captures thousands celebrating 'no' vote in Athens

When I move to Tottingham from Greece, Stavros was only kebab taking-away for miles. Peeps beating path to door from all over. Now kebabs everywhere, Lebanese, Somalis, Moroccos, very bad for my busy. If this is what they call single market, they can stuff it. Too much cheap competition.

These peeps they come over here, they try take my job and most of them getting benefits, and free council houses, too, on account of breeding like radishes.

Is not only Greece in deep doggy-doo, kebab busy is not what it was. My takings well down, even though my dolmades voted best in town three years running by readers of Haringey Shopper.

Just today, I get a cheque sent back from the Banko Kleftiko, mark 'Return to Drawer'. What drawer, I thinking to myself. Cutlery drawer, sock drawer, drawer where I keep my Demis Roussos cassettes?

So I rings Mr Papadopolis, the manager of the Palmers Green branch, only there no reply, just recording mess which say Banko Kleftiko close until further notices.

Same story at Banko Stifado, in Finsbury Park. When I try putting my card in hole-in-wall, it start flashing 'No money left' like that note from Labour peeps at Treasury when Call Him Dave become Prime Minister. What they mean 'no money'? Is bank, innit? How's a bank run out of money? That's like kebab shop running out of lamb.

How am I s'pose pay for my season ticket to the Ars e? I always support Ars e even though most peeps round here are supporting Tottingham, or a least they did before they all moved out to Cheshunt to get away from the immigrants.

Tottingham High Road like downtown Afghanistan, all the pubs shut cos the Muslins don't drink, innit?


Good job I still got suitcase full of drachmas, what I brought over when I immigrate from Greece. Accord to Sky on the telly, what I have on in shop for the football, now that Greeks vote 'No' to Urals, they going back to drachma, so could come in handy.

I dunno what Greece doin' in the Urals anyway. Last time I looked, Urals in Russia. Now it say that Russia will bale out Greeks, so maybe it will be roubles in future, not drachmas.

Simple currency always stupid idea. One-size-fit-all, my moustache. How could what fits Germs also fit Greece? You seen size of some of them frauleins? Big birds, they are, struggle to squeeze into a berk.

All that bratwurst, I guess, not like healthy kebab and nice salad what Stavros sells. You wan' chilli sauce with that, missus?

Still, no surprise to me that Greeks go belly-up. I went for holiday, see my family last year. None of my relatives have done an honest day's work for donkey's things.

My cousin Theo, lazy git employ by Ministry of Olives since left school, got 13 month salary ever year, never paid any tax and retired at 50 on three pensions.

I say to Her-Inside-The-Doors, this gotta end in tears, marking my words. One day the Germ prez, Mrs Merton, is going to get fed up with footing the bills. That's when the bubble is gonna burst.

Very fun, Stav, she says. Bubble being what peeps in Tottingham call Greeks. Is Cockerney rhyme slang. Bubble and Squeak rhyme with Greek, innit? But you only use first bit, Bubble, not Squeak.

You the Bubble what's gonna burst unless you lay off the moussaka, Stav, she say. Not me, I say. I'm on 5:2 diet. Some days I eat five kebabs, other days only two.

Greece is the bursting bubble wrap. Complete chicken-in-a-basket case. Good job we living in Tottingham.

As a small busy man, I work all hours, like Ronnie Barker in that funny prog with Del Boy as delivery man and Nurse Emmanuel with the big bouzoukis.

But apart from me and Mr Akhbar, who I aforemenched a min ago, no one else in Tottingham seem to do any work at all, except robbin', sellin' drugs and claiming the Old Nat King Cole.

If we's not carefree, I sez to Her-Inside-The-Doors, this country could go same way as Greece. Britain got even bigger debts than Greeks and that buy-to-let flat what I bought in Leytonstone with the zero-hours mortgage for my old age is look decidedly dodge.

It's juss as well we got Ian Dunkin-Donuts and Boy George Osborne, not Gormless Brown or Ed Millerband, running things. As a small busy man, I've always vote Conservatory, ever since Grocer Heathcliffe. Pity we can't bring back Mrs Thatch.

I might not be getting Post-It vote in Greece, but I do get vote in Tottingham and I'll be voting 'No' when Call Him Dave has his referee on Europe.

Might stop foreigners flooding over here at last. And there's only one simple currency we need, that's the Great British Pound-in-your-pocket.

Hello, Mr Farage peeps. You was dead right about Greece, innit? Usual? Double shish kebab, six-pack of Greek beer and a litre of Retsina comin' up. You want chilli sauce? Thought not.

That'll be £25.99 for cash. No, sorry, we don't accept cheques. Do you mind your change in drachmas?
 
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Blackleaf

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Grexit's a good start, but can we also kick out France, Spain and Portugal too?

All southern European countries will be excluded from my new union

Rod Liddle
11 July 2015
The Spectator
456 Comments


The Holstentor


I think it is time to put into effect my plan for the re-shaping of the European Union. A somewhat scaled-down European Union: Greece wouldn’t be in it, for a start. Nor Portugal or Spain or France or indeed Italy south of a line which I have just drawn on my Times Atlas of the World in felt-tip pen, stretching east north east from Genoa to Trieste. And even that northern bit of Italy (Venice in, Bologna definitely out) is there on a sort of probation — and on the understanding that they take their orders from the German-speakers in the new capital Bolzano (or Bozen, as it will become once more).

The European Parliament will be abolished and Brussels (or Brussel, henceforth) stripped of its EU capital status. My new EU would employ a staff of about 18 people in total, costing each member state perhaps £10,000 per year in contributions. They would reside in a pleasant suite of offices situated in the Holstentor — the beautiful 15th-century gate to the city of Lubeck, located in northern Germany, on the Baltic coast. There would be, in addition, representative offices in Groningen, King’s Lynn, Gdansk, Bergen and Novgorod, but these are little more than tourist information centres, in all honesty. This new confederation would consist of 22 or perhaps 24 countries — I have not yet made my mind up about Hungary and Luxembourg. It would be primarily a trading bloc, although there might be a joint military presence to patrol the borders and keep undesirables (i.e. southern Europeans and jihadi Maghrebian migrants) out.

I originally envisaged that it would operate under the somewhat cumbersome acronym AHWTPLAPOONEP – the Alliance of Hard-Working, Tax-Paying, Largely Agreeable Protestant or Orthodox Northern European Peoples. But thinking about it now, I do wonder if something a little pithier might not be better. Such as ‘Hanseatic League’. Incidentally, regarding Luxembourg: if these somewhat questionable people are allowed in, then it is on the condition that they have no representation whatsoever in the Lubeck head office. Bad enough when the tail wags the dog, worse still when a flea on the tail does the wagging, as happens too often with the EU. Meanwhile, the peremptorily defenestrated countries can form their own trading bloc — and they may prosper, because we in the north will all need sardines from time to time, and perhaps feta cheese. They could call themselves ALCPWSFEUFITDBNEHWP — the Alliance of Largely Catholic People Who Sleep From Eleven Until Five In The Daytime But Nonetheless Enjoy Huge Welfare Payments. I accept that this is also a cumbersome acronym. An angry and pro-‘Lega Nord’ friend of mine from Milan has suggested an alternative name for these southern redoubts: ‘Africa.’ But there may be copyright problems here.


A flea on the tail doing the wagging: Tiny, tiny Luxembourg

The Marxist dictum that the base (economics) determines the superstructure (everything else) never really did it for me. It always occurred that the local culture determined the economy of a country rather than the other way about. I would point you to Malaysia for evidence of this; despite 50 years of ‘progressive’ (or ‘punitive’, if you are Chinese) legislation, it is still the Chinese who occupy the top places in the Forbes 100 list and have a far larger average income than the ethnic Malays. It is the cultural differences which account for this remarkable imbalance, in a country where the Chinese are institutionally discriminated against under the Bumiputra system. The Malays are afforded every economic advantage by the government, but still finish up bottom of the pile, financially. So it is, to an only slightly less obvious degree, with Europe. My objections to our membership of the EU, back in the 1990s, were not predicated upon the fear that we would lose sovereignty and be forever at the behest of the Germans, but that an ever closer economic alliance between north and south simply would not work for primarily cultural reasons. I would maintain that we in the north of Europe have less in common culturally, and thus economically, with Thessaloniki, Palermo and Seville than we do with Singapore or, for that matter, Vladivostok. My argument is not that our culture is better — in many ways it is joyless and grasping — simply that one cannot have an economic synthesis of nations which have very little culturally in common with one another. Back then, in the early Nineties, I advocated that instead of joining the Exchange Rate Mechanism, preparatory to joining a single European currency, we should bail out of the EU altogether and instead join Nafta. But I overlooked the fact that Nafta has Mexico to deal with. That doesn’t work, either. Although at least there are not Mexican Nafta elected members telling the US and Canada how to run their economies: the USA is at the behest of nobody. But I think my more recent idea of a Hanseatic League is better.

The Greeks should not have been invited into the European Union and, having been so invited, their arcane financial practices should not have been tolerated by the economically dominant north of the continent. I think it is fair to say that there was a cultural misunderstanding between the two sides, occasioned by the hubris of a bureaucracy which wished rapidly to extend itself and deliberately looked the other way as the Greeks singularly failed to bear gifts. And the only slightly less southern Portuguese and Italians and Spanish are looking on, thinking: hell, with your levels of debt, just imagine what we can get away with if we decide that we too have had enough of austerity. Of course, it is not called austerity in the north of Europe — north of Trieste the thing is known as prudence: you work hard, you get paid, you submit your taxes, you go back to work and do it all again. A Gradgrindish and grim existence to be sure, you Greeks. You never really wanted that, did you?

This article first appeared in the print edition of The Spectator magazine, dated 11 July 2015


http://www.spectator.co.uk/columnists/rod-liddle/9577002/ditch-the-eu-bring-back-the-hanseatic-league/
 
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EagleSmack

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Feb 16, 2005
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Socialism took it nice and hard on the chin in Greece. The socialist caved right in. All those promises...you get nada.

The Greeks should take a page from Iceland - jail the bankers and bail out the people.

Bail them out with olive oil and post cards of Athens?

LOL... fail


salty today!

At least now if they crash and burn they can have the satisfaction in knowing it is because of their own state's choosing.

They need to be removed from the euro.

They bowed to the Euro.

You Mad
 

coldstream

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Oct 19, 2005
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The Bail Out does NOTHING for Greece.

The Euro is a sinking ship, this bails out Titanic with a tin pot. Their Prime Minister, Alexis Tsipras, is a liar and a failure and a coward. He has ensured a desassembly of Greece's social patrimony. He had no mandate to cave into the EUs demands for austerity. He lacked the vision and courage to accept Greece's only alternative to impoverishment and enslavement and occupation by way of sale of public assets was to exit the Euro Zone and develop its own national economy with its own currency.

It is disastrous for Greece. But all of Europe must face the fact now that the Euro Zone, in fact all of Europe, in collapsing in on itself.. into a German hegemony. What Hitler failed to with military might, Angela Merkel is accomplishing with the single currency. And Greece will be loaded up with more debt, the interest on which it cannot pay, the ability to stimulate its economy neutered, and will find all of its national assets foreclosed on by the insatiable appetite of the Global Monetarist Oligarchy.

The Euro is a criminal racket.
 
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coldstream

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Socialist policies... tsk tsk tsk

Rampant Global Free Market Capitalism.. in its forms of Free Trade, Monetarism (free market and commodification of currency), Deregulation, Privatization is bringing the world to the brink of a Global Depression of unknown depth and duration.

It will be like nothing we have seen before. It will manifest itself in financial shock after shock, ever more violent and destructive, until the whole structure falls apart. And a rough beast crawls from its lair into the ruined cityscape .. in famine, disease, war, tyranny, holocaust. It will be utterly horrific.
 
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EagleSmack

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Feb 16, 2005
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Rampant Global Free Market Capitalism.. in its forms of Free Trade, Monetarism (free market and commodification of currency), Deregulation, Privatization is bringing the world to the brink of a Global Depression of unknown depth and duration.

It will be like nothing we have seen before. It will manifest itself in financial shock after shock, ever more violent and destructive, until the whole structure falls apart. And a rough beast crawls from its lair into the ruined cityscape .. in famine, disease, war, tyranny, holocaust. It will be utterly horrific.

 

Sons of Liberty

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Aug 24, 2010
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Greece - What You Are Not Being Told by the Media

According to mainstream media, the current economic crisis in Greece is due to the government spending too much money on its people that it went broke. This claim however, is a lie. It was the banks that wrecked the country so oligarchs and international corporations could benefit.

No it is not a lie, for decades politicians (of the socialist cesspool variety) have been hiring indiscriminately in exchange for votes thereby bloating the public sector by a factor of about 35%. In addition, those with 20-25 years of public service retire. It is not uncommon for people in the early 40's to be scratching their balls on their verandas sipping fredo cappuccino.

When the communists lost the civil war post WWII, they slowly indoctrinated generations of Greeks in believing they have a sense of entitlement. They essentially won the war as far as I am concerned.

Banks played a role in lending them the money knowingly they would never be able to pay it off, they weren't the architects whoever of this Greece's demise.
 

CDNBear

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Sep 24, 2006
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No it is not a lie, for decades politicians (of the socialist cesspool variety) have been hiring indiscriminately in exchange for votes thereby bloating the public sector by a factor of about 35%. In addition, those with 20-25 years of public service retire. It is not uncommon for people in the early 40's to be scratching their balls on their verandas sipping fredo cappuccino.

When the communists lost the civil war post WWII, they slowly indoctrinated generations of Greeks in believing they have a sense of entitlement. They essentially won the war as far as I am concerned.

Banks played a role in lending them the money knowingly they would never be able to pay it off, they weren't the architects whoever of this Greece's demise.
Shush you, the morons are trying to ignore the similarities between Greece policies and the left here in Canada.