Greece on brink of collapse. Are Greeks withdrawing Euros because they know the poop is about to hit the fan and their new currency will be worth a lot less? Who’s next? Spain? California?
Greece on brink of collapse. Are Greeks withdrawing Euros because they know the poop is about to hit the fan and their new currency will be worth a lot less? Who’s next? Spain? California?
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Germany will finally own Europe without firing a single shot. Hopefully the French slave labor pool will bring down the cost of BMW's.
And the first thing the French slave labor pool would do is unionize.
Then demand a 35 hour work week, free German health care, the right to a 2 hour lunch break........etc,etc,etc
And then ya gotta break out the firing squad....thus commences the vicious cycle anew.
That should draw the squirrels out of the crazy sack^^^^^^
Germany is getting tired of footing the bill for Greece and other countries who do not have the same. .. shall we say work ethic? as the Germans. DUH!
You mean like the French with their 24-30 months of unemployment benefits for a strenuous 4 months of employment?
Well, at least Olivia will have someone to sit and drink wine with on her next trip to Paris.
I wonder if they will go pee in the alley together too?
Ahhh, so other people's money has run out. They can't borrow more without cuts, and the new socialist party is trying to put the boots to the horse 1 more time. Nothing like a run on the banks to fix that problem, bring on the default and bye, bye euro.
The Greece/France logic escapes me. Yes Austerity would not be super pleasant. BUT not being austere now, makes the cure MUCH WORSE. If they enter bankruptcy, they will not be ale to sell bonds. (Just like our GM, Thank you obomie) Then I don't think Greece has enough land to feed it's own people. BUT after bankruptcy, who will trade with them? What a mess is ahead. And France is right behind. Socialism here they come... Eeeee Gawds.
California is on the Euro? :)
California is on the Spendo....
California is on the Moonbeamer.
Well duh, the solution is obvious -- they need to raise taxes and regulate business more! That's what The Smartest President In History says is the problem here!
The crossroads has been reached. Either Greece must leave the Euro or Germany must forget the Weimar hyperinflation and let the ECB print its brains out. My guess is the former.