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Greece...

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    cogito wrote: »
    Do you remember what happened when the Greeks voted to reject the terms of the EU bailout package in accordance with their government's advice? They voted 60% against and then the government accepted worse terms than had been on offer.

    Greece has overspent and overborrowed. Their choice currently is deciding which of their feet they'd like to shoot themselves in.

    However as a sovereign nation that choice is theirs.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mwpt wrote: »
    Yes. My advice is to blame the EU.

    No point in agreeing fiscal rules then bending them to suit individual member states. Fudging the major financial issues can only spell disaster ultimately.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Thrugelmir wrote: »
    No point in agreeing fiscal rules then bending them to suit individual member states. Fudging the major financial issues can only spell disaster ultimately.

    Yes. Everything leads to disaster eventually, I agree.

    Blame the EU.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mwpt wrote: »
    Blame the EU.

    The EU as in it's current political masters of the universe. Like Sturgeon. Fixated with a single purpose that overrides common sense.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Thrugelmir wrote: »
    The EU as in it's current political masters of the universe. Like Sturgeon. Fixated with a single purpose that overrides common sense.

    What is that single purpose?
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    What is that single purpose?


    Top down rules from far away Brussels whether they suit a local economy or not.

    Unsustainable and goes against the grain of Human nature.


    Asian Tiger economies crashed in late 90's but using their own autonomous remedies recovered quickly. Club Med nations are still wrestling with epic economic issues and high unemployment 8 years on from 2008.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Conrad wrote: »
    Top down rules from far away Brussels whether they suit a local economy or not.

    Where is that stated? Are you sure this isn't just a brexiteers interpretation?

    PS. We have top down rules from Westminster whether they suit a local economy or not. You're ok with that presumably? Why can't we devolve more power to local regions? Why can't Yorkshire have its own currency to remain competitive with London?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    Where is that stated? Are you sure this isn't just a brexiteers interpretation?

    PS. We have top down rules from Westminster whether they suit a local economy or not. You're ok with that presumably? Why can't we devolve more power to local regions? Why can't Yorkshire have its own currency to remain competitive with London?

    are you simply making an reductio ad absurdum point or do you really not understand the difference between a currency union and an integrated (sovereign) state with legal, monetery and fiscal unity.
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    I cant believe I keep seeing this thread appear... surely the EU have sorted a solution out for Greece by now....... :) whats that... no???? Dynamic lot!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wymondham wrote: »
    I cant believe I keep seeing this thread appear... surely the EU have sorted a solution out for Greece by now....... :) whats that... no???? Dynamic lot!

    The EU sort out a problem. We'll see pigs flying before that ever occurs.
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