Exit Polls Suggest Syriza Has Won Greek Election

[Bereta_Eder]

Yes but just a few dufuses benefit. Same difference.

[Dinner]

On the contrary, we are talking about government debt here so it is a decrease of the collective debt load on every taxpayer. It means the government has more money to fund everything which the government does fund.

It is good to have good credit.

[Bereta_Eder]

You have to understand your neoliberal model that you propose is despised the world over (don't pay attention to a couple of flemish neolibs), that's why it's attacked on every turn.
Pretty soon Podemos will win in Spain too and then in other countries and the EU's sold leadership will go as will go its unholy alliance with the US par a port Ukraine.

The tide is changing steadily and surely.

[Bereta_Eder]

On the contrary, we are talking about government debt here so it is a decrease of the collective debt load on every taxpayer. It means the government has more money to fund everything which the government does fund.

It is good to have good credit.

Doesn't matter you use it to buy guns and serve multinationals and give money to the very few.

[Dinner]

You are free to be as stupid as you want but it gets tiring to hear the endless whining from foolish people who continually make poor choices. Yes, I am sure Greek voters loved voting themselves more money and running up their debt but it was a fool's paradise and if you actually want to improve your economy and living standards you are going to have to make some very serious changes even if you don't want to.

If you are unwilling to make the needed changes then enjoy your ever worsening conditions and ever lower quality of life. My suggestion is you guys stop being a basket case and start making the hard choices.

[Dinner]

Doesn't matter you use it to buy guns and serve multinationals and give money to the very few.

****, social s3curity and Medicare make up 50% of the national budget all by itself so it is hardly all going to arms makers and multinationals.

[Bereta_Eder]

Dinner, there are a thousand articles describing not only the EU's failure but also the troika's serious (and in the opinion of many) very conscious mistakes, as well as its undemocratic non accountable character.

I don't have time to educate you on that, read it for yourself.

[Dinner]

Yes, the ECB isn't very democratic but you should be thanking your lucky stars you even have a lender of last resort willing to help you out of your self inflicted situation. Without them unemployment would be twice as worse and the National wealth of the Greek nation would mostly be gone right now due to hyper inflation. It sucks having to live by daddy's rules but the solution is to get your house in order economically so you no longer have to beg daddy for money.

That is going to mean a lot of hard work and sacrifice. It is going to mean you will have to give employers a damn good reason to hire Greek workers instead of someone else. Costs will have to come down sharply, productivity will have to go up dramatically, and regulations are going to have to be streamlined to be much more favorable to business. If those changes don't happen then you'll just keep spiraling down the toilet until you do start making the necissary reforms.

[Dinner]

You can keep raging about how you hate reality but that doesn't make it any less real. Greece has fiddled and dither ed for half a decade refusing to make the hard choices. Bite the bullet and get it done and then, maybe, you see more people employed and the economy growing again. Or keep trying to ignore reality and keep having it hit you in the face.

[Bereta_Eder]

You're again wrong.

If there wasn't an EU there wouldn't be so large a lending.

And again if there wasn't the euro and there was default the thing would have been over by now.

Quit the daddy partonizing bull**** it's insulting and don't find it strange people reject assisted suicide.

[Bereta_Eder]

The ones who helped Greek gov hide the real numbers was goldman sachs.

Go after it if you have the balls instead of preaching whatever you read at some garbage paper that nobody cares for anymore.

Meanwhile expect your US policy to get ****ed up beyond recognition in the SE Europe and in general.

In short, your reality is rejected.

[Bereta_Eder]

You talk about unemployment, the taxes imposed in SMEs were crushing. They closed, they fired people and they are gone.
TROIKA rules.

VAT increases were huge, there was no intention to saveguard public services there was systematic plundering.

Greek families are the most overtaxed in OECD.
That was plunder, and it stops.


There was no rescue just a transfer of money from the EU to Greece and back to the banks taking with it a huge amount of greek wealth.

Who the **** are you trying to kid.

Your so called reforms are neoliberal crap that would turn Greece into a 3rd world country - they are rejected because nothing sort of a dictatorship would make them acceptable to the people (and even then it would be overthrown)

[Dauphin]

On the contrary, it means a huge amount. It means just by paying basic debt service the total amount of debt, in real terms, shrinks every year all on its own without actually having to pay down any principle. That is huge. That means the money fairy is liberally sprinkling the country with free cash.

A higher rate of interest would be perceived as better, because it would indicate that there were more opportunities for growth - and the national debt would reduce as a percentage of GDP..

[Bereta_Eder]

And the only reason the EU is begging to continue this so called "Rescue" program is that it is scared ****less of the consequences if Greece exits.

I can go to draghi and say **** you in his face, he will still be lending.

[Fake Boris]

Net negative means include inflation.

This doesn't matter. Even if net interest is negative, the existence of an interest shows the market believes there still is a nominal risk.

Also, 30-year bonds are at 2.55% interest. The market does believe there is a risk of default.

If Oerdin seriously believes the probability of US default = 0, he is more than welcome to beat the market and make millions out of it.