Exit Polls Suggest Syriza Has Won Greek Election

[C0ckney]

i think comparing syriza to the nazis is really a bit much.

[C0ckney]

and we'll see what happens with the economy. personally i hope they will be really radical, but i doubt that it will happen. thus, they'll probably be about as successful as other european social democrats.

[Sava]

i think comparing syriza to the nazis is really a bit much.

I'm just surprised Oerdin didn't do it first.

[Fake Boris]

I love how supposedly "reasonable" & "moderate" people always miss the obvious, that crisis and depressions are caused by the supposedly reasonable policies of mainstream parties.

[C0ckney]

I'm just surprised Oerdin didn't do it first.

comparing them to a group of racist authoritarians? oerdin would never pay them such a compliment!

[Dinner]

So just the usual fact free derp? Got it.

[Sir Og]

i think comparing syriza to the nazis is really a bit much.

I was making a comparison related to economics only. As I already acknowledged they are different in some really crucial ideological terms. No racial supremacy, no authoritarian tendacies and militarism.

Other than that the circumpstances in which they rose to power are virtually identical. Also identical is that inadvertently they are going to make the single correct economic policy change that needs to be made. Nazis left the gold standard and defaulted and the Siriza will leave the Euro and default.

After that there will be more similarities - statist policies which will do more harm than good but will probably be considered a huge succes because of the huge positive effect that the normalisation of monetary policy will bring.

[I AM MOBIUS]

Which brings us back to the main point: The Greeks have only themselves to blame.

[dannubis]

I love how supposedly "reasonable" & "moderate" people always miss the obvious, that crisis and depressions are caused by the supposedly reasonable policies of mainstream parties.

I 'd like to suggest you to go and visit rural Russia (i.e. anything but moscow and st petersburg), eastern Ukraine, rural eastern Europe, rural China...
I bet that you'll come to the conculsion that reasonable politics from mainstraim parties aren't all that bad.

Policies from the mikes of Syriza and co on the other hand...

[C0ckney]

I was making a comparison related to economics only. As I already acknowledged they are different in some really crucial ideological terms. No racial supremacy, no authoritarian tendacies and militarism.

Other than that the circumpstances in which they rose to power are virtually identical. Also identical is that inadvertently they are going to make the single correct economic policy change that needs to be made. Nazis left the gold standard and defaulted and the Siriza will leave the Euro and default.

After that there will be more similarities - statist policies which will do more harm than good but will probably be considered a huge succes because of the huge positive effect that the normalisation of monetary policy will bring.

well no, the circumstances were quite different and the means used too. unless you mean in the very broad sense of "they both won against the backdrop of economic problems and fought an election", but then that could describe a huge number of changes of government.

i hope syriza leave the euro and default; it should have happened in 2009. and as for policies, it's hard to imagine them being any worse than those followed over the 15-20 years.

[I AM MOBIUS]

Yeah, leave the euro and default. It would teach a lot of people a lot of important lessons, and hopefully the world will be a better place as a result.

[Sir Og]

well no, the circumstances were quite different and the means used too. unless you mean in the very broad sense of "they both won against the backdrop of economic problems and fought an election", but then that could describe a huge number of changes of government.

i hope syriza leave the euro and default; it should have happened in 2009. and as for policies, it's hard to imagine them being any worse than those followed over the 15-20 years.

In Germany, despite the hyperinflation of 1923, by 1928 the Nazis were on their way to disappear from German political life (12 MPs 2.6% of the vote). Then came the Great Depression. A crisis induced by tight money money which Germany "contracted" by virtue of being part of the gold standard. Tight money recessions lead to big unemployment, deflation and greatly exasperated debt problems. In 1929 the Nazis won 107 seats in the Reichstag 18.3% of the vote thanks to the Great Depression and the 5 million freshly unemployed Germans that it produced.

Now replace Germany with Greece and the gold standard with the euro and you have the current Syriza story.

[Sava]

In Germany, despite the hyperinflation of 1923, by 1928 the Nazis were on their way to disappear from German political life (12 MPs 2.6% of the vote). Then came the Great Depression.

ah, so the failures of global capitalism are to blame for the rise of the nazis

[C0ckney]

In Germany, despite the hyperinflation of 1923, by 1928 the Nazis were on their way to disappear from German political life (12 MPs 2.6% of the vote). Then came the Great Depression. A crisis induced by tight money money which Germany "contracted" by virtue of being part of the gold standard. Tight money recessions lead to big unemployment, deflation and greatly exasperated debt problems. In 1929 the Nazis won 107 seats in the Reichstag 18.3% of the vote thanks to the Great Depression and the 5 million freshly unemployed Germans that it produced.

Now replace Germany with Greece and the gold standard with the euro and you have the current Syriza story.

so if you leave out the whole political, historical and social context, and all the events, then you're left with an economic situation which was somewhat similar (but actually still quite different). it's just a silly comparison.

[Dinner]

http://m.bbc.com/news/business-32382826

Now they are really scraping the bottom and they are starting to rob Peter to pay Paul.