Menu

  • Germans Tired of Greek Demands Want Country to Exit Euro

    From bloomberg.com

    Berlin cabdriver Jens Mueller says he’s had it with the Greek government and he doesn’t want Germany to send any more of his tax money to be squandered in Athens. “They’ve got a lot of hubris and arrogance, being in the situation they’re in and making all these demands,” said Mueller, 49, waiting for fares near the Brandenburg Gate. “Maybe it’s better for Greece to just leave the euro.” Mueller’s sentiment is shared by a majority of Germans. A poll published March 13 by public broadcaster ZDF found 52 percent of his countrymen no longer want Greece to remain in Europe’s common currency, up from ... (full story)

  • #1
  • Quote
  • Mar 16, 2015 11:44am Mar 16, 2015 11:44am
I don't think it is only the germans who are getting tired of the greeks.

They got themselves into their current situation. If they default on repayments does that mean that the amount that was written off of their debt can them be reinstated as outstanding debt?

Maybe they should stick to playing backgammon and sort their own mess out as well as repaying what they owe?
'Life' only really begins just over the edge of our comfort zones
  • #2
  • Quote
  • Mar 16, 2015 12:07pm Mar 16, 2015 12:07pm
Maybe the Greeks should revolt, round up all the super-rich, take their money away from them, and pay down the country's debts.

On the other hand, if Greece exits, the ECB can simply print more money to make up the losses, pass it out to the super-rich, and everyone will be happy again.
  • #3
  • Quote
  • Mar 16, 2015 1:00pm Mar 16, 2015 1:00pm
And then what headline story will manipulate the market?
Hello 1.6 E/U
  • #4
  • Quote
  • Mar 16, 2015 1:02pm Mar 16, 2015 1:02pm
The original debt circa 2010, was owed to the banksters. The troika moved in and effectively paid them off with further loans but this time the liability is with tax payers. Germany is up for about 50 bn euros, France around 35 bn.

The main goal is to get Greece to privatise state assets at fire sale prices for the enrichment of global financiers. The islands are a particular prize. If the Greeks woke up and saw what the game is, they wouldn't be still trying to cling to the last vestiges of euro membership. The worst thing is that tax payers of the lender states will take the hit instead of the banksters who have been rescued.
  • #5
  • Quote
  • Mar 16, 2015 1:12pm Mar 16, 2015 1:12pm
"Germans Tired of Greek Demands Want Country to Exit Euro"

That's true!
  • #6
  • Quote
  • Mar 16, 2015 1:52pm Mar 16, 2015 1:52pm
Quoting traderathome
Maybe the Greeks should revolt, round up all the super-rich, take their money away from them
Yeah that will convince other people with money to invest in greece. LMAO
  • #7
  • Quote
  • Mar 16, 2015 2:12pm Mar 16, 2015 2:12pm
Quoting traderathome
Maybe the Greeks should revolt, round up all the super-rich, take their money away from them, and pay down the country's debts.

On the other hand, if Greece exits, the ECB can simply print more money to make up the losses, pass it out to the super-rich, and everyone will be happy again.
Do you read what you write?
You say sometimes, that you hate commies, but on the other hand you always propagate theirs "solution".
After the so called revolution, and nationalization the population became dirt pure and the infrastructure collapsed, without handing it out to pay off anything. Nobody become happy, with the exception of a few comrades.
  • #8
  • Quote
  • Mar 17, 2015 1:43am Mar 17, 2015 1:43am
Way to go, Jens!
  • New Comment
  •  Trader#CD19
  • | Status: Unregistered Trader
Create Account
  • Story Stats
  • Posted: Mar 16, 2015 11:08am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 8  /  Views: 3,157