Greece likely to exit euro and EU without deal with creditors – central bank
- Thread starter B00Mer
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Since when do you pay taxes in the USA or any European nation?
'You' didn't pay one thin dime into that
'You' didn't pay one thin dime into that
Now if we could only kick out Ontario and Quebec and move the Capital of Canada to Calgary.. :lol:
Be warned Ontario, your debt is worse than Greece.
...and all your manufacturing jobs are moving to Mexico
Thanks to Free Trade, investor greed, crazy salaries and union wages
Oh, fancy that. Another straw man from the king of straw men. You are familiar with the IMF? Why don't you argue the points made instead of trying to deflect attention away from them?
Some perspective on the Greek bail out:
Yup.
Even in Canada, if Harper didn't agree to some form of stimulus, we would all be worse off.
How much of a "bail out" is it when you have to pay interest on top of it all? The banks are in business to profitSome perspective on the Greek bail out:
The IMF was never included in your sad little figures.
... And you still don't pay taxes in Europe, the USA or Canada.
Well debt per person, Canada still beats out Greece.
Most Government Debt per Person: Countries - Bloomberg Best (and Worst)
Most Government Debt per Person: Countries - Bloomberg Best (and Worst)
Sounds like a capitalist economy. That's why promises of reducing government expenditure attract me to an electoral candidate while promises of tax cuts or other revenue reduction turn ne off. Tax or other revenue reductions should be conditional on a balanced budget. That's what happens with "starve-the-beast" strategies like Republicans unconditionally supporting revenue reductions independently of expenditure.
The idea is that you reduce the revenue and spending is automatically lowered to balance the budget. However governments at all levels are addicted to spending and are more than willing to mortgage their grandchildren's future to buy a vote today. Greece has just been at it longer than most countries.
You can't run your household on borrowed money for any length of time so how can a country be expected to be any different?
Or when the government is in debt, you lower expenditure first, pay off the debt, and then talk of reducing revenue.
Roughly 11 million Greek citizens. They payment that they needed to make to the IMF at the end of June was approx 1.7 billion Euros. This equates to about 155 Euros per person.
I can not fathom how this miniscule amount of money was not raised by the gvt
You will never sound sensible by impersonating my wife.
Free trade allowed industry to move offshore for better investor dividend. Lower wages result in less tax revenue (growth) - even in Sweden