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Greek workers join general strike as end of bailout looms
Topic Started: May 30 2018, 11:13 AM (95 Views)
Che On The Rocks

Quote:
 
Today

ATHENS, Greece (AP) — A general strike in Greece against plans to extend austerity measures has halted ferry services to the islands, and disrupted flights, public transport and other services Wednesday.

The 24-hour strike called by the country’s largest unions also closed schools and left public hospitals running on emergency staff.
AP
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PATruth
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Good for them, trying to get blood from a rock is always a good strategy. If they were smart they would be protesting to rid the Greek government of socialists, that's the root problem.

It's soooo nice to live in the US with Trump at the helm. I have so many wonderful things, a big house, extra money, four cars, money to travel, too much food....what do the socialist have? The Venezuelan diet, no medicine and no future?

Capitalism ROCKS!!!!!
Edited by PATruth, May 30 2018, 11:18 AM.
"No. No he won't. We'll stop it."
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Che On The Rocks

I didn't know that the IMF, the European Central Bank and the EU were socialists, Pat... :cool:
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PATruth
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Che On The Rocks
May 30 2018, 11:27 AM
I didn't know that the IMF, the European Central Bank and the EU were socialists, Pat... :cool:
The Greek socialist's spent their way into bankruptcy. They wouldn't be dealing with IMF and the European Central Bank if they hadn't borrowed more than they can pay back. Really, quit blaming the people that are getting screwed out of billions of dollars, it's the Greek government's fault, not the banks. If you lend someone money do you expect to get it back? Are you the oppressor when you demand payment? Stop being silly.
"No. No he won't. We'll stop it."
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Che On The Rocks

PATruth
May 30 2018, 11:57 AM
The Greek socialist's spent their way into bankruptcy. They wouldn't be dealing with IMF and the European Central Bank if they hadn't borrowed more than they can pay back. Really, quit blaming the people that are getting screwed out of billions of dollars, it's the Greek government's fault, not the banks. If you lend someone money do you expect to get it back? Are you the oppressor when you demand payment? Stop being silly.
Hey, don't throw the propaganda line at me, Pat.

Please, yell at them: :cool:
Posted Image
Members of the Communist-affiliated PAME labor union gather during a rally in Athens, Wednesday, May 30, 2018. Greece’s largest labor unions are staging a general strike against plans to extend austerity measures, in a 24-hour protest that halted ferry services to the islands, and disrupted flights, public transport and other services. (AP Photo/Petros Giannakouris)
Edited by Che On The Rocks, May 30 2018, 12:04 PM.
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PATruth
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Che On The Rocks
May 30 2018, 12:03 PM
PATruth
May 30 2018, 11:57 AM
The Greek socialist's spent their way into bankruptcy. They wouldn't be dealing with IMF and the European Central Bank if they hadn't borrowed more than they can pay back. Really, quit blaming the people that are getting screwed out of billions of dollars, it's the Greek government's fault, not the banks. If you lend someone money do you expect to get it back? Are you the oppressor when you demand payment? Stop being silly.
Hey, don't throw the propaganda line at me, Pat.

Please, yell at them: :cool:
Posted Image
Members of the Communist-affiliated PAME labor union gather during a rally in Athens, Wednesday, May 30, 2018. Greece’s largest labor unions are staging a general strike against plans to extend austerity measures, in a 24-hour protest that halted ferry services to the islands, and disrupted flights, public transport and other services. (AP Photo/Petros Giannakouris)
When you borrow money you are obligated to pay it back. Those that default on loans are moochers and deadbeats. I realize defaulting on debt is a Latin American tradition but it has to stop. The Greek people are getting exactly what they voted for, now they have to live with it.
"No. No he won't. We'll stop it."
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Che On The Rocks

PATruth
May 30 2018, 12:17 PM
When you borrow money you are obligated to pay it back. Those that default on loans are moochers and deadbeats. I realize defaulting on debt is a Latin American tradition but it has to stop. The Greek people are getting exactly what they voted for, now they have to live with it.
^^^ Calvinist, Reader's Digest branch. :biggrin:
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Che On The Rocks

IMF admits disastrous love affair with the euro and apologises for the immolation of Greece
Quote:
 
The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory.

This is the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the eurozone debt crisis, the most damaging episode in the history of the Bretton Woods institutions.
Posted Image
The IMF's chief Christine Lagarde is presiding over an organisation that is almost out of control

^^^ In Argentina, crooked oligarch Mauricio Macri has just called for this guys.

Is Greece on the Road to Recovery, or Will It Remain Trapped by Debt? An Interview With Economist Costas Lapavitsas
Quote:
 
In early 2010, Greece became technically bankrupt as it was shut out from borrowing in the international credit markets because of skyrocketing deficits and huge public debt levels. Since then, the country has been under bailout programs created by the European Union (EU), the European Central Bank (ECB) and the International Monetary Fund (IMF) in order to keep it inside the eurozone. However, the bailout programs have been accompanied by brutal austerity measures that have had a catastrophic effect on Greek economy and society. Yet the current pseudo-leftist Syriza government -- which has been enforcing the EU neoliberal agenda since coming to power in 2015, with greater dedication than any other Greek government since the outbreak of the crisis -- declares today's economic situation a "success story." However, not everyone is buying the official story.
Posted Image
Protesters hold banners and placards as they take part in a demonstration against property foreclosure auctions in Athens, Greece, February 21, 2018. (Photo: Dimitris Lampropoulos / NurPhoto via Getty Images)
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PATruth
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Those who smoke the socialist crack eventually crash, Greece is no different. We could possibly lend them some money but we would need security, a couple Greek islands would probably work as collateral and the interest rates are going to be steep. It may work out well, wealthy Americans could use another vacation destination. We may allow some of the Greeks to stay, we will need servants.
Edited by PATruth, May 30 2018, 03:56 PM.
"No. No he won't. We'll stop it."
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Robert Stout
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PATruth
May 30 2018, 03:56 PM
Those who smoke the socialist crack eventually crash, Greece is no different. We could possibly lend them some money but we would need security, a couple Greek islands would probably work as collateral and the interest rates are going to be steep. It may work out well, wealthy Americans could use another vacation destination. We may allow some of the Greeks to stay, we will need servants.
Greeks felt like they won the Powerball when they were allowed into the EU and borrowed all that money from German banks....Now that the New World Order gutted Greek domestic industries, both the Greek and the Germans are clutching their nuts when Greece stops paying their bills....Throw Italy into the Turmoil and the EU is all but finished....This is good news for the USA.......... :usa:
Jesus can raise the dead, but he can't fix stupid
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Che On The Rocks

Syriza and EU plan decades of austerity measures and privatizations
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At a meeting of euro finance ministers on June 21, the EU states came to an agreement on the formal withdrawal of Greece from the so-called “rescue programs” of the European Commission, the International Monetary Fund (IMF) and the European Central Bank (ECB)—otherwise known as the Troika.

Since 2010, Greece has signed three credit programmes, known as the “Memorandum of Understanding,” which were linked to drastic austerity measures and an unprecedented wave of privatization. This has resulted in an economic depression and a devastating social crisis the likes of which no other European country has experienced in peacetime.
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