The Greek banking system seems to be collapsing.

Discussion in 'Current Events' started by Blinda Vaganto, Jun 19, 2015.

  1. Blinda Vaganto

    Blinda Vaganto Well-Known Member Past Donor

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    http://www.bbc.com/news/business-33195732

    As we all know Greece is a democracy so only its people can decide its fate.Which means if Greeks one day believed in free market system and applied its ideas to their country they would be out of all this mess before they would knew it. But Greek people won't believe it right? They will continue to pursue socialist agenda. More taxation, more spending, more control. The way to hell indeed looks like that.
     
  2. RichT2705

    RichT2705 Well-Known Member Past Donor

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    The Europeans should cut this sinking ship loose. Had they done that a couple years ago, perhaps Greece would be on it's feet again today. Keep giving them a lifeline of cash everytime, why would they change a thing?
     
  3. TomFitz

    TomFitz Well-Known Member

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    I sincerely doubt it. I suspect that Greece would be an economic basket case, and a smouldering cauldron of political instability on the edge of a region with more than its fair share of instability.
     
  4. SourD

    SourD New Member Past Donor

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    This is what happens when you try to put differing nations with different GDP levels on the same currency. It's absolute lunacy that the elites dreamed up to get richer. One world governments or currencies will NEVER work but it won't stop them from trying and reducing nations to dust along the way.
     
  5. RichT2705

    RichT2705 Well-Known Member Past Donor

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    Theyre already an economic basket case.

    Toss the bums overboard already.
     
  6. Cubed

    Cubed Well-Known Member Past Donor

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    It's sad that the best course of action seems to be to let it burn to the ground, and rebuild. Unfortunately, this line of thinking completely forgets about the people who actually live there, and would burn with it.
     
  7. katzgar

    katzgar Banned

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    Greece has about 10 million people and has an economy about the size of Connecticut. get over it.
     
  8. SeaPony

    SeaPony New Member

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    Imagine if we lived in a cashless society which is what's being pushed, you could not take your money out of the bank if anything happened and it could be easily 'confiscated' (stolen by banksters).
     
  9. wgabrie

    wgabrie Well-Known Member Donor

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    This whole mess is because the numbers in their nation's budget were wrong and they overspent. Now no investor is investing in Greece and it's going to be decades before they get out from under their burden of debt.
     
  10. Phoebe Bump

    Phoebe Bump New Member

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    Some of the richest people in the world are Greek. Strangest income distribution graph you've ever seen, skewed way to the right. Unfortunately for the Greek people, their wealthy elites have been every bit as freeloading as our own.
     
  11. logical1

    logical1 Well-Known Member Past Donor

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    But but--------------------------Obama loves the european tax and spend big government being big brother to all. How is it possible that it is not working?????
     
  12. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    Those are the people who keep lighting matches.




     
  13. Cubed

    Cubed Well-Known Member Past Donor

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    Every single person in Greece is only lighting matches? Seems unlikely....
     
  14. Phoebe Bump

    Phoebe Bump New Member

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    Asked and answered - because Greece's wealthy elites aren't ponying up.
     
  15. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    *shrug* Every single person in America didn't vote for Obama. But he's still president of every single person in America.

    Democracies decide collectively, and whether you voted for the guy or not ... he's still your agent. Whether he lights a match or signs a bill, he's doing it on your behalf.




     
  16. Cubed

    Cubed Well-Known Member Past Donor

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    Interesting perspective. I agree with it, though I doubt a lot of the anti-obama crowd would :D

    That said, realistically, not everyone approves of the economic actions that Greece has made, and yet those people will ultimately suffer for it.
     
  17. smb

    smb Well-Known Member

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    How many people does it have to be before they matter?
     
  18. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    Same can be said of Obamacare.



     
  19. Cubed

    Cubed Well-Known Member Past Donor

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    Absolutely.

    I think politics has lost a vital component that is required of it: Empathy.
     
  20. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    Politics is the process by which a large group of people accomplish shared goals with shared resources. And I agree the process has lost something of late.

    It used to be we all brought something to the table and tried to make the best solution with that collective resource. What I see happening now is too many people using it as a means to make other folks pay for their personal goals. Like a 23-year-old kid talking daddy into buying a pony "for the good of the family."

    The component that I think is increasing absent is responsibility.



     
  21. Cubed

    Cubed Well-Known Member Past Donor

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    I think empathy and responsibility are related a great deal when it comes to Politics. It's hard to feel responsibility for a people you can't or won't empathize with. It's easier to just see numbers in a study, or the country as a collection of cities/states rather then a collection of people in certain areas, which in one way makes hard decisions easier, but these days those decisions seem easier because the difficulty in making them is lost due to the lack of empathy, which then becomes an abdication of responsibility to those self-same people.
     
  22. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    A lot of things are related. Empathy is how you feel, responsibility is what you do. I have no right to question what my partners in this nation feel. But that partnership explicitly provides a right to regulate and require actions.




     
  23. Cubed

    Cubed Well-Known Member Past Donor

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    Actually, empathy is understanding how others feel, emotions are how you feel. Responsibility isn't just about action, it's about understanding the right action, regardless of how it effects you personally (IE I won't go out and party tonight because I have to work in the morning. each was an action I could take, but 1 was the responsible action).

    I definitely agree with your last point though. The issue seems to be that the responsibility to others, has become secondary to how it will effect that individual (politician in this case, and generally how it will effect how they are viewed and their ability to be re-elected)
     
  24. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    You believe a psychopath, could demonstrate empathy? An understanding of feeling without sharing the feeling...? Empathy is not an academic analysis. It is experiencing, sharing, being sensitive to a feeling. Empathy is vicariously feeling what someone else feels. Empathy is a feeling. And there is no practical way to require someone feel a certain way.

    The other word is responsibility. The definition of responsibility is not respective of whether you feel the action a person is accountable for is 'right' or 'wrong.' It is an observation that the obligation exists. You have a contractual obligation to go to work. There is no duty for your to attend a party... even if you feel like you'd really like to go. If you fail to do the former, your actions are contrary to your responsibility.

    For this nation to get out of the hole we're in, we need each equal partner to accept equal responsibility (or at least closer to equal). How those partners feel about each other... doesn't matter.





     
  25. katzgar

    katzgar Banned

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    more than several and less than a lot


     

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