Exit Polls Suggest Syriza Has Won Greek Election

[Fake Boris]

The other option is to say no. But, if your answer is no, explain why.

There are plenty of circumstances where it would make sense to lend interest free, depending on the context.

[pchang]

Can you see now that CDS measures the interest rate required for default risk over and above the interest rate required to make the lender a decent return?

[Dinner]

http://money.cnn.com/2015/05/01/news...-international

So, why can't Greece?

I think we all know the anwser to that one.

[Dinner]

The bored sign was because it was collected. it was also an unjust tax.
It will be replaced with a just one.

By unjust you mean it was the one tax dead beat tax cheating Greeks couldn't get out of paying.

[Bereta_Eder]

You must really hate your job

[Bereta_Eder]

It was unjust because it was not proportional.
It was also uncostitutional.

[Bereta_Eder]

So yes democracy protects from all kinds of evil, when it's enforced.

[Bereta_Eder]

oh and fvck you

[Dinner]

Anyways, back in the real world Greece has already defaulted on its domestic debt obligations. It has stopped paying domestic debt on time in the hopes of being able to pay it's international debt. Default on international debt is only a matter of time unless they get yet more money because the retards refuse to make any meaningful reforms.

As another poster pointed out Ireland and Spain did make the needed reforms and are now growing again while it is only the moronic Greeks who refuse to help themselves and think everyone else is to blame.

http://www.bbc.com/news/world-europe-32580919

[Bereta_Eder]

In the real world the dissatisfaction of people in Spain (I'm sure in Ireland too) will become apparent when they elect their syriza which will roll back all the antisocial plocies of their former govs.
That's because they suffer daily through unemployment, evictions, mass layoffs and other neoliberal policies destined to turn their countries into a little better than zimbabwe while their national health care and education are being plundered too.

[Bereta_Eder]

And myths are easily busted.
Working hours in Greece are the third largest in the world (so stop feeling wronged Oerdin and getting racist, you're just wrong and racist or clueless).
At the bottom of the chart are germans and dutch.

Also the tax evasion myth is easily busted. OECD reports that greek families are the most taxes of all the countries in the organization.

The bailout myth is easily busted too. From all the money flowing to Greece, 92% go back to the banks and only 8% goes to the greek coffers.
Taking into account that thiverish neoliberal social dismantling policies have to be taken in order for the funds to be released aand that this have led to severe depression that cut 25% of overall GDP, that 8% is a laughing joke.

Also for the vast majority "Reforms" is code word for plunder and meainly for further tax increases and further salary drops, something that can not be achieved without having an outright dictatorship.

So an honest compromise will be done, or yeah, default.

[Bereta_Eder]

I mean, I realize that some people want their money back.
They are simply not going to get it.

Last myth busted: the debt myth. It is simply unservisable. And IMO odius.

[Bereta_Eder]

Syriza has a democratic mendate to end austerity and it is following it to the letter.
It also has a mandate from the people to remain within the euro.

If an honest compromise can't be found and these two aspects become incompatible and mutually exclusive, the people will decide the course of the country.

[Bereta_Eder]

Plus, it's apparent that today's lost neoliberal tattered european leadership is mal a l'aise and uncomfortable with having a left wing party, a true left wing party in power with honest ideological opposition to the social dismantling demanded by the large capital.
It is doing everything in its power to bring it down, mainly because it fears political (but also severe serious financial) contagion in other countries.

This is their problem. Not the peoples' problem (europe-wide)

[Dinner]

I am still banking on May 12th for the official default on international debt obligations. You can keep talking about how people have voted themselves free **** and how they don't want to reform but that is meaningless when their simply is no money. Whither they want to our not they have to reform and make it competitive to do business in Greece. Everyone seems to know this reality but the Greeks.