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-   -   European Union Collapse Thread (http://www.derbytrail.com/forums/showthread.php?t=43976)

Coach Pants 10-23-2011 09:08 PM

http://www.zerohedge.com/news/watch-...lement-reforms

Danzig 10-25-2011 06:23 PM

Quote:

Originally Posted by jms62 (Post 812660)
:tro:

for anyone who thought i was making it up:


http://espn.go.com/nfl/story/_/id/71...fl-hgh-testing

jms62 10-27-2011 02:24 PM

Quote:

Originally Posted by Coach Pants (Post 812780)

Looks like they are kicking it down the road... Underlying problem still exists. Fiscally responsible countries like Germany responsible for Greece, Italy et all. It would be like you being responsible for your entire family even the Drunk, Drug Addicted, Jobless, Degenerate Gambler brother in law of your cousin.. Who thought this was a good idea at anytime.

Coach Pants 10-27-2011 07:28 PM

Quote:

Originally Posted by jms62 (Post 813304)
Looks like they are kicking it down the road... Underlying problem still exists. Fiscally responsible countries like Germany responsible for Greece, Italy et all. It would be like you being responsible for your entire family even the Drunk, Drug Addicted, Jobless, Degenerate Gambler brother in law of your cousin.. Who thought this was a good idea at anytime.

S.hit continues to roll downhill. The pigs of Wall St. sopping it up.

Riot 10-27-2011 08:02 PM

Quote:

Originally Posted by Coach Pants (Post 813384)
S.hit continues to roll downhill. The pigs of Wall St. sopping it up.

:tro:

Clip-Clop 10-28-2011 04:04 PM

Quote:

Originally Posted by jms62 (Post 813304)
Looks like they are kicking it down the road... Underlying problem still exists. Fiscally responsible citizens like most of us responsible for those that are not, et all. It is exactly you being responsible for your entire country even the Drunk, Drug Addicted, Jobless, Degenerate Gambler folks.. Who thought this was a good idea at anytime.

FTFY

horseofcourse 11-03-2011 05:21 AM

I know nothing about Greece or it's economic woes other than what I've read and I don't trust much of what I read. I know nothing about their "leader" and I'm sure he's done woeful things and everything. AFter all he is a national leader and nearly all of those are incompetent today, but why is it so horrible he is making this latest dictum from the European "big boys" a referendum to be voted on by the Greek citizens?? I have to credit him if for nothing else actually doing something democratic in this instance. THe Greek people are screwed regardless of anything...whether they default or accept this order from the "important" Euros. I find it cool they have their choice of the method of their screwing. And if everyone is absolutely horrified by this decision by the Greek president, I can only conclude he is doing the right thing in at least this one instance. I find it quaint and cozy that the world's powers are simply horrified by this little instance of democracy being proposed by a nation's president. Again, the Greek country is likely horribly run by this man, but the Greek people should absolutely have a say in how their demise should commence (well, continue). There is nothing leaders hate more than democracy most of the time.

(this is a great thread)

Coach Pants 02-10-2012 05:56 AM

http://www.reuters.com/article/2012/...rpc=22&sp=true

I'll post links for cams if they decide to protest/riot. It's early afternoon and the youth sleep all day because they don't have jobs. If it picks up in the next few hours I'll put them up.

Danzig 02-10-2012 06:17 AM

Quote:

Originally Posted by horseofcourse (Post 814629)
I know nothing about Greece or it's economic woes other than what I've read and I don't trust much of what I read. I know nothing about their "leader" and I'm sure he's done woeful things and everything. AFter all he is a national leader and nearly all of those are incompetent today, but why is it so horrible he is making this latest dictum from the European "big boys" a referendum to be voted on by the Greek citizens?? I have to credit him if for nothing else actually doing something democratic in this instance. THe Greek people are screwed regardless of anything...whether they default or accept this order from the "important" Euros. I find it cool they have their choice of the method of their screwing. And if everyone is absolutely horrified by this decision by the Greek president, I can only conclude he is doing the right thing in at least this one instance. I find it quaint and cozy that the world's powers are simply horrified by this little instance of democracy being proposed by a nation's president. Again, the Greek country is likely horribly run by this man, but the Greek people should absolutely have a say in how their demise should commence (well, continue). There is nothing leaders hate more than democracy most of the time.

(this is a great thread)

i think greece is a perfect example of why the euro will ultimately fail. greece's woes are affecting all of the other countries involved, which is why they're pushing greece so hard to fix its' issues. germany is at one end of their spectrum economy-wise, greece at the other.
just imagine if the strength of the dollar was based on each states' economy. that wouldn't bode well at all.

Coach Pants 02-10-2012 08:36 AM

Crowds are slowly building...dusk is coming

http://www.livestream.com/stopcarteltvgr

Riot 02-10-2012 12:26 PM

Quote:

Originally Posted by Coach Pants (Post 837669)
Crowds are slowly building...dusk is coming

http://www.livestream.com/stopcarteltvgr

Great link, thanks.

Cannon Shell 02-10-2012 01:28 PM

Quote:

Originally Posted by horseofcourse (Post 814629)
I know nothing about Greece or it's economic woes other than what I've read and I don't trust much of what I read. I know nothing about their "leader" and I'm sure he's done woeful things and everything. AFter all he is a national leader and nearly all of those are incompetent today, but why is it so horrible he is making this latest dictum from the European "big boys" a referendum to be voted on by the Greek citizens?? I have to credit him if for nothing else actually doing something democratic in this instance. THe Greek people are screwed regardless of anything...whether they default or accept this order from the "important" Euros. I find it cool they have their choice of the method of their screwing. And if everyone is absolutely horrified by this decision by the Greek president, I can only conclude he is doing the right thing in at least this one instance. I find it quaint and cozy that the world's powers are simply horrified by this little instance of democracy being proposed by a nation's president. Again, the Greek country is likely horribly run by this man, but the Greek people should absolutely have a say in how their demise should commence (well, continue). There is nothing leaders hate more than democracy most of the time.

(this is a great thread)

The Greek people gave up their right to have a say in their demise by asking for entry into the EU and for electing weak, corrupt leaders and allowing their version of unions to bankrupt the company. If you are asking for a bailout while at the same time complaining about the conditions...well too bad. I understand the Greek President trying to maintain a semblence of nationalism but the reality is that there is really no way out of this mess that isn't going to plunge the country into a terrible depression. AND it still might not matter. The EU is German-centric mostly because they have the strongest economy and wealthiest banks. The German people DO NOT want Germany to bailout Greece yet they are still going to hence the need for harsh measures against the Greeks. In other words the powers that be in Gemany realize they they need to deal with the Greek (and Italian) problem against the wishes of it citizens therefore have to come across as the stern father figure (which they more or less are here). No one knows how much exposure the Central European bank and other financial institutions really have and are terrified to find out therefore are willing to try to "save" Greece (and Italy and perhaps Spain and Ireland as well). The greek people will surely not vote for the measures that will be asked of them and sadly they may not be nearly as stringent or draconian as needed anyway.

This link about the Greek railroad system kind of makes it clear the issue that they are dealing with
http://www.nytimes.com/2010/07/21/bu...al/21rail.html

Coach Pants 02-12-2012 06:25 AM

Quote:

Originally Posted by Coach Pants (Post 837669)
Crowds are slowly building...dusk is coming

http://www.livestream.com/stopcarteltvgr

Rioting as we speak. Storm troopers getting resistance.

Coach Pants 02-12-2012 10:59 AM

http://rt.com/on-air/greece-strikes-new-cuts/

Coach Pants 02-12-2012 01:24 PM

ATM's reportedly out of cash in Athens. Loud explosions heard in the city. Over 100,000 Greeks protesting. MSM in United States is currently talking about Whitney Houston and Palin is on FoxNews.

Wake up, sheep.

Coach Pants 02-15-2012 08:36 AM

http://youtu.be/n6-sLsLPHl0

Farage rips the EU dictators over Greece

http://www.bbc.co.uk/news/world-europe-17040616

Quote:

Eurozone states want Greece out, says Venizelos


Coach Pants 02-15-2012 08:45 AM

Greek Protesters Try To Burn German Flag and Nazi Flag



http://youtu.be/XqMt3rWrh_U

Clip-Clop 02-15-2012 08:54 AM

Quote:

Originally Posted by Coach Pants (Post 838717)
Greek Protesters Try To Burn German Flag and Nazi Flag



http://youtu.be/XqMt3rWrh_U

They can use the fire to cook each other after they run out of food.

Coach Pants 03-06-2012 11:47 AM



You can't escape basic math.

Coach Pants 03-13-2012 10:37 AM

http://www.reuters.com/article/2012/...82C0KP20120313

Quote:

(Reuters) - Greece will have to slash a further 5.5 percent of GDP in government spending in 2013 and 2014 to meet agreed fiscal targets underpinning the second international bailout for Athens, a European Commission report said.

Coach Pants 03-31-2012 09:45 AM

http://www.businessweek.com/ap/2012-03/D9TLMRI00.htm

Quote:

Ireland back in recession as economy shrinks in Q4


Irish gross domestic product (GDP) shrank 0.2 percent in the fourth quarter after a contraction of 1.1 percent in the third quarter, the Central Statistics Office (CSO) said in a statement.

Gross national product -- a measure many economists prefer to use for Ireland because it excludes the exported profits of multinational companies -- fell by a much sharper 2.2 percent. That followed a GNP fall of 1.9 percent in the third quarter, suggesting a much harsher recession for Irish households and businesses.





http://news.sky.com/home/business/article/16198595

Quote:

Britain has returned to recession, forecasters from the Organisation for Economic Co-operation and Development say.

The economy shrank by 0.3% in the quarter in the last quarter of 2012 and is expected to see a further contraction in the first three months of this year, according to the OECD.




http://www.telegraph.co.uk/finance/f...c-history.html


Quote:

Spain unveils 'most austere' Budget in democratic history

Spain unveiled "the most austere budget in democratic history" with €27bn of cuts and a 7pc rise in utility bills but still failed to win over economists.






http://hat4uk.wordpress.com/2012/03/...u-peripherals/



Quote:

Yesterday afternoon’s decision by the German Bundesbank to refuse acceptance of Greek, Irish or Portuguese sovereign/bank bonds has dealt a blow to the Eurozone which few informed observers think it can survive. With the help of sources, The Slog digs into what’s really going on here.

GenuineRisk 03-31-2012 04:08 PM

Irish economist David McWilliams does a good job explaining how the crisis came about- and it's pretty entertaining, thanks to the drawings:

http://www.youtube.com/watch?v=oAR0VRLRGHE

Coach Pants 05-17-2012 10:42 AM

I guess this topic didn't catch on. Oh well there are far more important issues like the Zimmerman case and gay rights.

But there was a bank run today. No big deal. Lets apologize for being white instead.

GPK 05-29-2012 08:31 PM

http://www.washingtonpost.com/busine...y.html?hpid=z3

Coach Pants 05-30-2012 05:56 AM

http://sports.williamhill.com/bet/en...+Politics.html

Good odds on Spain. They won't stay. Too much pride.

Danzig 05-30-2012 06:35 AM

http://worldnews.msnbc.msn.com/_news...k-tragedy?lite

jms62 05-30-2012 07:41 AM

Quote:

Originally Posted by Danzig (Post 864725)

And we all know how welcoming the Germans are to foreignors coming into their country and taking their jobs. Will be insteresting.

Danzig 05-30-2012 10:56 AM

Quote:

Originally Posted by jms62 (Post 864736)
And we all know how welcoming the Germans are to foreignors coming into their country and taking their jobs. Will be insteresting.

i doubt they're complaining too much right now; they don't have enough skilled workers to keep up with demand.

now, if their economy starts going in the wrong direction, you can bet there will be howls.

jms62 05-30-2012 01:56 PM

Quote:

Originally Posted by Danzig (Post 864764)
i doubt they're complaining too much right now; they don't have enough skilled workers to keep up with demand.

now, if their economy starts going in the wrong direction, you can bet there will be howls.

You realize that this is corporate speak for we dont have enough skilled workers willing to work for less then wages paid 20 years ago.

Coach Pants 05-30-2012 03:26 PM

"You're over-qualified" "You're under-qualified" "Here's some grass. Say bah."

Danzig 05-30-2012 04:06 PM

Quote:

Originally Posted by jms62 (Post 864816)
You realize that this is corporate speak for we dont have enough skilled workers willing to work for less then wages paid 20 years ago.

you forgot to add, work more hours and do more tasks for that lower pay!

Clip-Clop 05-30-2012 04:08 PM

Don't like your job? There is a support group for that, it's called everyone and they meet daily at the bar.

Love that joke.

Danzig 05-30-2012 04:17 PM

Quote:

Originally Posted by Clip-Clop (Post 864831)
Don't like your job? There is a support group for that, it's called everyone and they meet daily at the bar.

Love that joke.

yeah, heard something similar to that from dennis leary. it's a club, called 'everyone' and meets on friday nights at the bar!

Danzig 06-04-2012 01:33 PM

http://www.msnbc.msn.com/id/47673826/from/RSS/



BERLIN/PARIS — When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.

One year later, with the euro zone's debt crisis threatening to tear the bloc apart, Germany is pushing its partners for precisely the kind of giant leap forward in fiscal integration that the now-departed European Central Bank president had in mind.



.....i just don't see it happening. i don't think some of those nations would ever agree to euro power over their individual budgets.

Clip-Clop 06-05-2012 09:08 AM

Quote:

Originally Posted by Danzig (Post 865954)
http://www.msnbc.msn.com/id/47673826/from/RSS/



BERLIN/PARIS — When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.

One year later, with the euro zone's debt crisis threatening to tear the bloc apart, Germany is pushing its partners for precisely the kind of giant leap forward in fiscal integration that the now-departed European Central Bank president had in mind.



.....i just don't see it happening. i don't think some of those nations would ever agree to euro power over their individual budgets.

It almost has to be that way, once you have agreed to the currency an individual country has the power to affect the group in ways it never could before through their own frivolity.

Danzig 06-05-2012 01:09 PM

Quote:

Originally Posted by Clip-Clop (Post 866116)
It almost has to be that way, once you have agreed to the currency an individual country has the power to affect the group in ways it never could before through their own frivolity.

it make sense. i just doubt that some of the countries considered all that when they bought in. it's going to get really difficult. greece will look at other countries and say why do we have to keep suffering while the others do ok. the ones doing ok will be worried that greece and ireland (for example) are going to drag them down the tubes with them.

GPK 06-10-2012 05:29 PM

http://www.washingtonpost.com/world/...rc=al_national

Coach Pants 06-15-2012 10:45 AM

http://www.youtube.com/watch?v=TN_1mF-3JTI

jms62 06-15-2012 12:15 PM

Quote:

Originally Posted by Coach Pants (Post 869010)

That is unreal.. Seems like they are beyond screwed.

Coach Pants 06-17-2012 12:51 PM

Live Greek election results...in English

http://www.livestream.com/stopcarteltvgr


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