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Thread: Greece Economy Meltdown

  1. #61
    Veteran Member wvwvw's Avatar
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    Quote Originally Posted by Peter Nirsch View Post
    everyone is in disadvantage with Germany...even France.
    True, but France is not on the verge of an economic meltdown, Italy is.

    The country that benefited the less from the euro, overall, is Italy. And also the country that would benefit the most from leaving the Euro.

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    Quote Originally Posted by Peter Nirsch View Post
    EU countries are helping Greece with national funds. I'm not against such helps, but I don't understand why someone denys this fact and I don't understand how someones could compare an economic super power as Italy (country with a developed system of industries, factories, financial services, seat of some of the richest corporations in the world) with Greece, which is a country with a very poor economy, focused exclusively on turism and shipping industry.
    Unfortunately, you are still parroting.

    a/ every penny in the "bailout" of foregn banks have got their money back plus big profits so that makes your soul a Jew i.e, non European and more likely Phoenecian.
    b/ The Greek state has seen 8% of bailout funds
    c/ Greek debt has increased since the memorandums where "creditors" are making big money Troika specificaly especially ECB charging astronomical interest rates.
    d/ The euro is low and Germans milking it on exports on the back of the unemployed Greek taxpayer on 10 year austerity. If you deem this fair then you are a Jew or Phoenecian non Euro type.


    So I ask you again. If you invested in bonds and found it was a poor financial decision do you expect to lose your money?
    “For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” Eph. 6:12

    Definition of untrustworthy and loose character are those that don't believe in God.


  3. #63
    Veteran Member Peter Nirsch's Avatar
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    Quote Originally Posted by catgeorge View Post
    Unfortunately, you are still parroting.

    a/ every penny in the "bailout" of foregn banks have got their money back plus big profits so that makes your soul a Jew i.e, non European and more likely Phoenecian.
    b/ The Greek state has seen 8% of bailout funds
    c/ Greek debt has increased since the memorandums where "creditors" are making big money Troika specificaly especially ECB charging astronomical interest rates.
    d/ The euro is low and Germans milking it on exports on the back of the unemployed Greek taxpayer on 10 year austerity. If you deem this fair then you are a Jew or Phoenecian non Euro type.


    So I ask you again. If you invested in bonds and found it was a poor financial decision do you expect to lose your money?
    that's false.

    "it's a wolf howling, not a sheep giving a b**w job"

  4. #64
    Veteran Member Peter Nirsch's Avatar
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    Quote Originally Posted by Raine View Post
    True, but France is not on the verge of an economic meltdown, Italy is.

    The country that benefited the less from the euro, overall, is Italy. And also the country that would benefit the most from leaving the Euro.
    that's wrong

    "it's a wolf howling, not a sheep giving a b**w job"

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    Quote Originally Posted by Peter Nirsch View Post
    that's false.
    Really now - which part do you *think* is false?
    “For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” Eph. 6:12

    Definition of untrustworthy and loose character are those that don't believe in God.


  6. #66
    Veteran Member Peter Nirsch's Avatar
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    Quote Originally Posted by catgeorge View Post
    Really now - which part do you *think* is false?
    the parroting part

    "it's a wolf howling, not a sheep giving a b**w job"

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    Veteran Member wvwvw's Avatar
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  8. #68
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    Well i guess the good news to the bad is that Atlantic Europe is turning to good health. Portugal & Ireland are improving.

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    Quote Originally Posted by Graham View Post
    Well i guess the good news to the bad is that Atlantic Europe is turning to good health. Portugal & Ireland are returning.
    Don't believe anything you read. The news of recovery are as real as the Greek "recovery" that the media was touting just a couple of week ago. Even Ireland GDP has only artificially increased and her real private and public debt compared to its GDP remains very high and much higher than the manipulated figures show.

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    Quote Originally Posted by Raine View Post
    True, but France is not on the verge of an economic meltdown, Italy is.

    The country that benefited the less from the euro, overall, is Italy. And also the country that would benefit the most from leaving the Euro.
    France has severe problems with the Islamic population not being able to integrate. The French have higher productivity than the Italians, but France's Government spending if it continues in the direction it is going; it will be like Italy soon. France and Italy currently have very similar Unemployment percents.

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