Honestly, I think the main problem is interest creep, and this constant bailing out.Radalan 说:Nobody is expecting an instant payback. Saying "we'll pay back little at a time" is better than saying "**** you all very much and thanks for the free money".

PinCushion 说:I don't understand what greek politicians are thinking when they insult their loangivers and then expect to get away with their depts.
Yes, calling loangiving countries troika and still giving Germans crap for WW2 (70 years ago) is insulting.
RabbleKnight 说:
Please go and try that.
One less retarded radical in the world.
Rallix 说:Honestly, I think the main problem is interest creep, and this constant bailing out.
If the EU actually gave a **** about Greece recovering, they'd stop forcing loans, and cut the compounding interest.
"You'll pay back what we've given you, minus interest, plus inflation."
GD are worthless extremist assholesBarky 说:
Barky 说:Oh ****, better not give a country crap for systemically killing 6 million people only 2 generations a go.
Hypocrisy.Barky 说:My main bone to pick with the whole situation is how ordinary people have been punished for the actions of their state
Perhaps, but decreases in spending and increases in taxes are both symptomatic of overspending out of weakness. It's how they got into this bad spot in the first place.Barky 说:I'm not looking to start a capitalism vs communism debate but it's undeniable that austerity has economically devastated the Greek population.

Rallix 说:Perhaps, but decreases in spending and increases in taxes are both symptomatic of overspending out of weakness. It's how they got into this bad spot in the first place.Barky 说:I'm not looking to start a capitalism vs communism debate but it's undeniable that austerity has economically devastated the Greek population.
What do I mean? I mean an economy is not a fixed pie, and that spending by the government is fine so long as it's efficiently done and in moderation relative to revenues.
Politicians who promise too much spending, so that they get elected, are then are presented with two choices when they actually get into office.
1: Don't spend that money, or make the people foot the bill, damaging your relations with voters.
2: Spend the money, don't pay for it, and ultimately leave your nation's economy at the whim of foreign powers.
Look at these numbers:
€17,400 GDP per capita. (nominal; 2012)
Average gross salary €19,807 (2012; annual)
Revenues 47.0% of GDP (2013 est.)
Expenses 59.2% of GDP (2013 est.)
These aren't the exact numbers of course, but this means that on average each Greek is being taxed about half of their income, and that this is still not enough.

RabbleKnight 说:
BlackTide 说:Just as Greece starts to see growth, falling unemployment, a primary budget surplus and is able to sell its bonds again, a leftist party pops up to ruin it all. The left got them into the mess, the right starts to pull them out and suddenly the left drags them back down again. Promises are going to have to be broken to make this work on an economic level.
Hi Barky, honey <3
But Barky, Conservatives such as me and Blacktide DO think this.Barky 说:Claiming that PASOK are actually leftist is like thinking Obama is a socialist.
Barky 说:PASOK were not left wing whilst in power. Claiming that PASOK are actually leftist is like thinking Obama is a socialist. PASOK are like Labour in the sense that they sold out their leftist principles once neoliberalism became popular. PASOK largely enforced the will of the the EU and look where that got Greece.
Basically, PASOK is now a right wing neoliberal party. So claiming that 'the left' is responsible for Greece's economic devastation is nonsense. I don't think SYRIZA are as radical as people in this thread are making them out to be, they're more similar to the Greens (in the UK). The rich won't be shot in the street workers won't seize the means of production (unfortunately).
Rallix 说:But Barky, Conservatives such as me and Blacktide DO think this.
I hope I'm not putting words in Black's mouth with that statement.

Rallix 说:But Barky, Conservatives such as me and Blacktide DO think this.Barky 说:Claiming that PASOK are actually leftist is like thinking Obama is a socialist.
I hope I'm not putting words in Black's mouth with that statement.
I mean frankly, Socialism is the idea that you can and should try to modify the social structure of a nation using the state's power. Seems to me that this is precisely how Obama feels. He seems to have become a little bit more moderate though, mind you. He's just not a communist.
You rag on him for not being left enough, while we rag on him for being too left.
BlackTide 说:Papandreou is part of the "Socialsit International". Intentionally excessive Government Spending for almost any reason beyond infrastructure investment is enough for me to consider a party as being leftists and having taken leave of their senses. Greece got to where it is because it taking have firm control over its finances, Samaras was the necessary response to address that and regain confidence, as he appears to have achieved, until now.
The Greens are completely ****ing bananas, if you're making the comparison with the Greens then people are rightly worried. Another bunch of irresponsible Greek politicians here to make other countries pay for their excesses.
As much as I'd love to argue with you in this thread Barky, such a course of action has a low rate of return and your tendency to disappear abruptly always makes me sad![]()
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I would probably consider myself more of a Classical Liberal, but a Conservative at a stretch, considering that most liberal principles aren't upheld by parties declaring themselves as being liberal.
Oh, so because he's not a borderline communist he can't be defined by anyone as a socialist, despite the fact that the US has the highest corporate tax rate in the world, with the rich footing much of the government's bills. And no, it's not like he would ever support legislation that goes further in that direction. Naw.Barky 说:Socialism has a specific political meaning, it not just the vague definition you've given it. Obama isn't a socialist because he doesn't believe in the radical redistribution of wealth, nor destroying the influence of the 'free market' over the economy. He is not attempting to challenge the power of the rich, so he can't be a socialist. How can a man who twice received massive corporate donations for his reelection campaigns (the Dems rake in more money than the GOP) be a socialist? The fact that you believe that he is a socialist is stunningly naive, and betrays your utter ignorance of what socialism actually is.
Also, how are societies not MASSIVELY influenced by the power of the state?
#OldLeftI would probably consider myself more of a Classical Liberal
Bluehawk 说:In so far as it invites a comparison to the kangaroo courts of the NKVD that sentenced people to death on limited or falsified evidence, it could be derogatory.