YawataNoKami
Master Don Juan
- Joined
- May 10, 2013
- Messages
- 826
- Reaction score
- 318
http://www.cnbc.com/2015/07/01/greek-disaster-is-all-about-socialism.html
The fact of the matter is Greece lied their way into the Eurozone and now they’re trying to lie their way out. This is a question of moral hazard. If Greece is not dealt with sternly, they will never learn fiscal responsibility. It would be better to let Greece fail completely then save it because the cost will be the same but letting it fail demonstrates to the rest of Europe that The Troika is serious and will not squander decent, hard working Taxpayer money on underwriting those who don’t want to pay their taxes or work past fifty. As for Greece embracing the arms of Putin. If Putin is willing to take “The Sh*thole of Europe”, then I say let him have it! Russia won’t put up with this crap for a second! If the Greeks want to live under the Russian yoke, I say: “Have at it, Hoss. Maybe the Russians can teach you the value of an honest day’s labour.” They certainly won’t wipe their bums with Rubles the same way the European Community has with Euros.
The problem is also a refusal by Greece to implement logical and beneficial changes to its Receiver of Revenue / Tax Department and doing something about the huge arrears taxes it is owed.The eurozone needs Greece to leave the Euro in order to save the Euro. Greece’s way of administering itself is gangrenous for the rest of the eurozone. The rot will spread if Greece is bailed out again.A further bail out could also change the geopolitical landscape of Europe as the rightwing in France may gain enough ground to come to power.
"The trouble with Socialism is that eventually you run out of other people's money" — Margaret Thatcher
The fact of the matter is Greece lied their way into the Eurozone and now they’re trying to lie their way out. This is a question of moral hazard. If Greece is not dealt with sternly, they will never learn fiscal responsibility. It would be better to let Greece fail completely then save it because the cost will be the same but letting it fail demonstrates to the rest of Europe that The Troika is serious and will not squander decent, hard working Taxpayer money on underwriting those who don’t want to pay their taxes or work past fifty. As for Greece embracing the arms of Putin. If Putin is willing to take “The Sh*thole of Europe”, then I say let him have it! Russia won’t put up with this crap for a second! If the Greeks want to live under the Russian yoke, I say: “Have at it, Hoss. Maybe the Russians can teach you the value of an honest day’s labour.” They certainly won’t wipe their bums with Rubles the same way the European Community has with Euros.
The problem is also a refusal by Greece to implement logical and beneficial changes to its Receiver of Revenue / Tax Department and doing something about the huge arrears taxes it is owed.The eurozone needs Greece to leave the Euro in order to save the Euro. Greece’s way of administering itself is gangrenous for the rest of the eurozone. The rot will spread if Greece is bailed out again.A further bail out could also change the geopolitical landscape of Europe as the rightwing in France may gain enough ground to come to power.
"The trouble with Socialism is that eventually you run out of other people's money" — Margaret Thatcher