RIP greece, looks like your paying your own debt now!

[Siiem]

Even if we default, we are gonna make it no matter what, we were here longer than you suckers, 2300 years and counting.

Todays Greece has nothing in common with the ancient (pretty cawesome) Greek empire. Maybe except the buttraping of little boys.

[Falka]

(click to show/hide)

2 United Kingdom    9,590,995,000,000    per capita 160,158    406%
3 France    5,750,152,000,000    per capita 86,317    222%
4 Germany    5,546,869,000,000    per capita 68,720    145%

27 Greece    360,000,000,000    per capita 47,636    174%

tell more pls about Greece

Greece, unlike countries mentioned above, is unable to pay their debts.

[Vovka]

Greece, unlike countries mentioned above, is unable to pay their debts.

Oh, well, tell me please how they can pay these debts? perhaps in our forum here new Nobel laureate.

the only difference between them is that from France and Britain no one do not demand dat debt as they own themselves

and why TOP 3 EU country IN GOLDEN AGE of europe managed 2-3 time as much debs than  devil roted corrupted creece

[cmp]

Bad grain/potato batch?

[Vovka]

EUR loves the sand and watering  by oil, unfortunately all suitable sites are already occupied for sowing dollars

[Tibe]

Who doesn't love watering by oil? Dont pretend like eur and dollar are some special breed of greedy bastard currencies. All forms of currencies run on oil m8. As a citizen of Russia, which is a country entirely run by oil-and gasbarons and not a single other significant market, you should know that all too well. Another one of these "de west iz gredy and evil posts". Yeah, obviously Russia, China or Brazil are the real shiny examples of economies and societies ran on higher standards and morals than the West.

And you do realise that national dept does not work at all in a matter you think it does. Throwing the amount of dept of a country and per capita doesnt really show shit about how screwed it really is.

Vüvka plz.

[Vovka]

Who doesn't love watering by oil? Dont pretend like eur and dollar are some special breed of greedy bastard currencies. All forms of currencies run on oil m8. As a citizen of Russia, which is a country entirely run by oil-and gasbarons and not a single other significant market, you should know that all too well. Another one of these "de west iz gredy and evil posts". Yeah, obviously Russia, China or Brazil are the real shiny examples of economies and societies ran on higher standards and morals than the West.

And you do realise that national dept does not work at all in a matter you think it does. Throwing the amount of dept of a country and per capita doesnt really show shit about how screwed it really is.

Vüvka plz.

my engl is shit and i dont have red diploma in economy like u guys so i will explaining the way I understand the situation. 1st  oil and natural gas is only 8-10%gdp of russia but its 40+% of our export. We had a deal aka "Washington Consensus". So if short russia (as any country who sign dat) can print as many rubles as we have reserved $$ and we can buy so many $$ as our central bank get from export. In return, Russia has access to cheap loans of the World Bank.

  Today money its not a somethink what u can exchange for goods but this is goods itself. So lets say country1 have "$$" and country2 have money "%%". Now country1 shell to the ground country2 Under the pretext of example of chemical weapons or bringing democracy. Then, international banks provide loans in $$ to restore country2 at ridiculous 5% -10% for ten years but they ask $$ and not usless %%, but in ur contry only 100% $$ and u need 150%, now country2 must export raw resurses for to the west cos their product is not competitive on western market. to cover the loans, the country is forced to take more loans, profitability depends on the central bank's income from foreign exports. over time, if production was it will replaced by extraction of raw materials, as the raw material brings more $$ for which demand in the country will only grow and never fall. nah nwm its waste of time 

[Casimir]

2 United Kingdom    9,590,995,000,000    per capita 160,158    406%
3 France    5,750,152,000,000    per capita 86,317    222%
4 Germany    5,546,869,000,000    per capita 68,720    145%

27 Greece    360,000,000,000    per capita 47,636    174%

tell more pls about Greece

All three of these countries are significant economic powers as well as being global financial centres giving them easy access to world wide credit sources (thus running a high debt rate really ain't such a problem). Greece on the other hand is a sweaty, forgotten, desolate wasteland on the very boundaries of the western world (people only give a shit about Greece when they want a cheap holiday and need somewhere they can urinate in public without anyone really caring).

[Vovka]

All three of these countries are significant economic powers as well as being global financial centres giving them easy access to world wide credit sources (thus running a high debt rate really ain't such a problem). Greece on the other hand is a sweaty, forgotten, desolate wasteland on the very boundaries of the western world (people only give a shit about Greece when they want a cheap holiday and need somewhere they can urinate in public without anyone really caring).

aka they can print money and creece can't and dat fact dont make creece corrupted and them good and effective.

In general, I would say that the situation with Greece did not happen because of the "Insert here the stupid reason" but because of the fact that lenders let dat happen, if tomorrow the government will change and will do as Germany say, its debt will still grow, and The European Union will print money to Greece until obay is not required

[cmp]

France and Germany can print money? Monopoly money?

[Vovka]

France and Germany can print money? Monopoly money?

but not as much as Zimbabwe and if licking European bank is good enough 

[Casimir]

They can print money because it is representative of actual wealth and has value (economics 101), the goods and services of those counties are worth a considerable amount on the global market and will be for the forseeable future.  Greece doesn't have that and as such can't maintain debt levels as these three can. 

You can believe what you want because no-one in the developed world gives a tenpenny fuck about the incoherent ramblings of barbarian slavs such as you; I suggest you go back to the cesspit of the Ukraine thread and keep your wretched opinions to yourself.

[Vovka]

They can print money because it is representative of actual wealth and has value (economics 101), the goods and services of those counties are worth a considerable amount on the global market and will be for the forseeable future.  Greece doesn't have that and as such can't maintain debt levels as these three can. 

You can believe what you want because no-one in the developed world gives a tenpenny fuck about the incoherent ramblings of barbarian slavs such as you; I suggest you go back to the cesspit of the Ukraine thread and keep your wretched opinions to yourself.

you made me cry, French guy from developed world

[Kuujis]

my engl is shit and i dont have red diploma in economy like u guys so i will explaining the way I understand the situation. 1st  oil and natural gas is only 8-10%gdp of russia but its 40+% of our export. We had a deal aka "Washington Consensus". So if short russia (as any country who sign dat) can print as many rubles as we have reserved $$ and we can buy so many $$ as our central bank get from export. In return, Russia has access to cheap loans of the World Bank.

  Today money its not a somethink what u can exchange for goods but this is goods itself. So lets say country1 have "$$" and country2 have money "%%". Now country1 shell to the ground country2 Under the pretext of example of chemical weapons or bringing democracy. Then, international banks provide loans in $$ to restore country2 at ridiculous 5% -10% for ten years but they ask $$ and not usless %%, but in ur contry only 100% $$ and u need 150%, now country2 must export raw resurses for to the west cos their product is not competitive on western market. to cover the loans, the country is forced to take more loans, profitability depends on the central bank's income from foreign exports. over time, if production was it will replaced by extraction of raw materials, as the raw material brings more $$ for which demand in the country will only grow and never fall. nah nwm its waste of time 

russia was not self sufficient even when it was CCCP and HAD to export its natural resources, this did not change and the faster you learn that this is shit policy - the better it will be for you. russia has nothing to offer the world except its oil and threats of (maybe still in working order) nuclear arsenal. China learned that this does not work and left russia behind eating dust and begging "plz buy our oil, cuzz rotten west may stop doing that".

To sum up:
Western conspiracy - check.
Can't be competitive with west because <rainbow ponies> - check.
It's all the fault of the corrupt west - check.

Typical.

And as for Greece - WHERE IS THE MOTHER FUCKING VOTE in this thread? I demand a silly POOL on top!

[Vibe]

Who doesn't love watering by oil? Dont pretend like eur and dollar are some special breed of greedy bastard currencies. All forms of currencies run on oil m8.

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