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Greece won't hit defecit targets
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Do you think the talk of austerity is made up then? Every time a new 'bailout' payment comes round it's contingent on further cuts to public expenditure and privatisation of public assets. Everyone knows Greece will default, the goal is to weaken their lower classes as much as possible before it hits.0
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Already Slovakia has decided they WILL vote to support the deal, IF they get early elections.
Sounds like they are more corrupt than our lot. Talk about looking out for political parties and screw everything else.
http://www.bbc.co.uk/news/world-europe-152711410 -
Graham_Devon wrote: »
Talk about looking out for political parties and screw everything else.
Talk about a resolve to act united in order to calm markets, stop interest rates increasing and give over indebted nations time to make cuts in order to get thier national house keeping in better balance.
Painful sure, but not as painfull as mass Bank and nation defaults leading to severe depression.0 -
Talk about a resolve to act united in order to calm markets, stop interest rates increasing and give over indebted nations time to make cuts in order to get thier national house keeping in better balance.
If it was about that, they'd have voted yes in the first place.
They will vote yes, if they get early elections, if they don't they will vote no. That is completely political.
How can you even start to describe what's happening there as acting united?!0 -
Didn't the Irish do something similar? And it was their bailout.Graham_Devon wrote: »They will vote yes, if they get early elections, if they don't they will vote no. That is completely political."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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