[civil] "Greece moves closer to eurozone exit after delaying €300m repayment to IMF "

[Bereta_Eder]

Excellent.
Self critisism is the first step to recovery

[pchang]

Try not to get too reliant upon wish fulfillment.

[Bereta_Eder]

I'm not reliant on anything

[dannubis]

Except on European moneys...

[Bereta_Eder]

It's a very small price for assisted suicide of the economy.

[dannubis]

Which was not the point.

[Bereta_Eder]

Now the taxes are so excrusiating, the free fall of the economy so great that basically noone gives a ****.
Tax evasion is a moral responsibility.
Too bad I can't do it

[Bereta_Eder]

Which was not the point.

I know. The point is to save the euro.
It's unsavable, same as Greece.
Wait untill 3, 4 months. Greece again on the spotlight.

(It does have a showbiz flair btw)

My only beef are the head lines "Greek tragedy, greek tragdey, greek tragedyyyy"

what a bunch of unimagitantive dicks

[dannubis]

this is too easy

[Bereta_Eder]

Besides tsipras is compromised, he sold his former camrades too easy.
He is a political cat with a survival instinct but that's not the point.
The thing is that he has mutated to something syriza isn't.

So after the quadriple division of syriza (around 3 to 4 parties will be formed) the left is weakened.

The old corruption right wing party will enter into coalition with the left "I don't do a single thing, it's much better to sit scratch my balls and talk aboutleft ideals" party to from yet another terratogenesis on the political spectrum.

Meanwhile the "bailout" will produce what it ever did, more poverty and misery.

The one that has his ways can stay and have a pretty good time, the others are "ciao bella" and will leave

[pchang]

Sell one of your islands to that Egyptian billionaire. He says he will turn it into a home for over 100,000 of the refugees. We just have to figure out how to feed them all.

[Dinner]

Have the Greeks made any additional reforms yet? I know there was a list of demands which had to be completed before the new bailout could begin, those were passed (though I am not sure if they have actually been implimented) and it seems as soon as they got some money they, once again, stopped making any reforms.

[Dinner]

http://www.huffingtonpost.com/entry/greek-election-new-democracy_55e60675e4b0b7a9633a9e52

Well, it seems the opposition wants to just plow ahead and get the reforms done while the Syriza government doesn't ever want to do anything unless there is a crisis giving them no choice.

[Egbert]

How, pray tell, is the populace persuaded to accept painful reforms if Greece can not pay her debts anyway?

Perhaps Greece simply can not repay her debts by any means. If so then rescue packages that do little other than "roll over" unpayable debts ultimately solve nothing. If Greece really can not pay her debts then Greece appears to have the choice of bankruptcy now or bankruptcy later.

The big question is "Can greece pay her debts"?

[Dinner]

Except they can. If they actually make the needed reforms to regulations their economy can start growing again while selling off state assets can raise money to pay down the debt. Then there is the Euro 35 billion stimulus fund and the promise of some debt relief when they complete the promised reforms. They will still have a tough road paying down debt but with economic liberalization, a growing economy, lower debt, and the state freeing up resources which used to go to support state owned companies which now can be spent on better things like basic services... They will actually be in a much better place.

If they don't liberalize, something their politicians have spent five years avoiding, then nothing changes and their position is hopeless. So it all it all depends on if they actually do the liberalizations or continue to pander to special interests.