Tuesday, June 30, 2015

Greece -- A Slippery Slope?

The following paragraphs below were made by bloggers whose points I thought salient and worthy of consideration about the present economic disaster in Greece. Are they accurate? Truthfully, I do not know. I do know I loathe "austerity" for nation states as remedies for the payment of debt because the national economic debt cannot and should not be paid on the backs of the poor! Is the bankruptcy of Greece but a slippery slope for other western nations whose currency is the Euro? I do not know that either. I surely hope not as another Bush years Great Recession I cannot take as our global economies are so intertwined; pull one knot and we all fall down.

Blogger No. 1 states

The destruction of countries on Europe's south and east are biggest reasons for all these economic problems. Libya, Syria and Ukraine, all countries destroyed in the past four years were created by western interference. Libya bombed by the west, rebels from Libya took arms from Libya to Syria through Turkey and instant civil war in Syria. Lots of refugees from both these countries and countries south or east of t hem coming to Europe in boats in the thousands every week. Ukraine was destroyed by US backed coup d'├ętat. Refugees mostly going to Russia. Ukraine is destroying itself with it's civil war and the Ukrainian government's reckless policies. Yet, the IMF is willing to help Ukraine and not Greece.

All of southern Europe and not only Greece are being destroyed by the policy of austerity on the backs of the common people. The common people do not have money to pay back these loans by their governments.

Greece should do what Iceland did. Jail the banksters. Start over. Iceland is doing great. Austerity on the common people will never repay the banksters in a million years. It is a fantasy that the IMF has imposed on southern Europe for the past five years . It is not working and will never work.

Blogger No. 2 affirmed: Excellent points. I don't know what European powers were thinking when they decided to intervene in Libya and later Syria. I mean, I can understand national interests -ahem, oil- and why they, like the U.S., made such moves, but didn't these countries, specially Italy and France not expect influx of refugees as a aftermath? Even the Ukrainian disaster could have been avoided and now war goes on and the sanctions are hurting EU countries as much as Russia. 



Eurozone failure should not come as a surprise. Establishing a common currency introduces mutual dependence but maintaining individual states sovereignty precluded making effective/efficient fiscal policy amongst polities that were still mutually competitive. 





The following paragraphs below were made by bloggers whose points I thought salient and worthy of consideration about the present economic disaster in Greece.  Are they accurate?  Truthfully, I do not know.  I do know I loathe "austerity" for nation states as remedies for the payment of debt because the national economic debt cannot and should not be paid on the backs of the poor!  Is the bankruptcy of Greece but a slippery slope for other western nations whose currency is the Euro?  I do not know that either.  I surely hope not as another Bush years Great Recession I cannot take as our global economies are so intertwined; pull one knot and we all fall down.


Blogger No. 1 states

The destruction of countries on Europe's south and east are biggest reasons for all these economic problems. Libya, Syria and Ukraine, all countries destroyed in the past four years were created by western interference. Libya bombed by the west, rebels from Libya took arms from Libya to Syria through Turkey and instant civil war in Syria. Lots of refugees from both these countries and countries south or east of t hem coming to Europe in boats in the thousands every week. Ukraine was destroyed by US backed coup d'├ętat. Refugees mostly going to Russia. Ukraine is destroying itself with it's civil war and the Ukrainian government's reckless policies. Yet, the IMF is willing to help Ukraine and not Greece.

All of southern Europe and not only Greece are being destroyed by the policy of austerity on the backs of the common people. The common people do not have money to pay back these loans by their governments.

Greece should do what Iceland did. Jail the banksters. Start over. Iceland is doing great. Austerity on the common people will never repay the banksters in a million years. It is a fantasy that the IMF has imposed on southern Europe for the past five years . It is not working and will never work.

Blogger No. 2 affirmed:  Excellent points. I don't know what European powers were thinking when they decided to intervene in Libya and later Syria. I mean, I can understand national interests -ahem, oil- and why they, like the U.S., made such moves, but didn't these countries, specially Italy and France not expect influx of refugees as a aftermath? Even the Ukrainian disaster could have been avoided and now war goes on and the sanctions are hurting EU countries as much as Russia.

Eurozone failure should not come as a surprise. Establishing a common currency introduces mutual dependence but maintaining individual states sovereignty precluded making effective/efficient fiscal policy amongst polities that were still mutually competitive.


REPUGLICONS USE ECONOMIC AUSTERITY AS A WAY TO SCREW THE POOR AND ENRICH THE ALREADY RICH TO GET OUT OF STATE AND NATIONAL DEBT.  YET ANOTHER REASON AMONG ALL THE OTHER CONFEDERATE FLAG AND ANTI-IMMIGRANT LOATHSOME CONTENT OF REPUBLICAN CHARACTER AND WHY A DEMOCRAT MUST MUST MUST KEEP THE WHITE HOUSE, TAKE THE SENATE AND IN MY WILDEST DREAMS I HOPE FOR A DEMOCRATIC TAKEOVER OF THE HOUSE. 

ALL THE GOOD THINGS ACHIEVED LAST WEEK AND WEEKEND COULD BE DESTROYED IN A HEART BEAT SECOND.  REPUBLICANS DO NOT CARE ABOUT YOU BUT WILL DUPE THOSE LIKE US AS THEY IDEOLOGICALLY RAPE GAYS, THE POOR, WOMEN AND THE POWERLESS OF ALL THEY HAVE ACHIEVED!

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