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Athens, Greece...Fon you ok?
dasfury wrote
at 2:08 PM, Thursday June 30, 2011 EDT
Let us know

Replies 1 - 10 of 18 Next › Last »
Barack H Obama wrote
at 2:15 PM, Thursday June 30, 2011 EDT
probably not going to get 1st because of this...
jurgen wrote
at 2:25 PM, Thursday June 30, 2011 EDT
he said a while ago he wouldn't mind another silver

I mailed him earlier to ask how things were going there in Athens.

He'll probably just show up on dice before answering me but I will post in case I have news

I think he is OK though but probably has other things than KDice on his mind now .
captainLAGER wrote
at 2:59 AM, Friday July 1, 2011 EDT
Fonias is busy being a productive member of the work force and paying his taxes so his government doesn't have to take billions in aid from other countries.
BAMMBI wrote
at 3:38 AM, Friday July 1, 2011 EDT
dun wory about greese. Its just a single 3 stack on the edge of the map.
Fonias wrote
at 4:37 AM, Friday July 1, 2011 EDT
I made some corrections
Fonias is busy being a productive member of the work force and paying his taxes. Does his government HAD to take billions in *aid* -(enormous interest) from other *banks* to save them back? ummm...

greese has lots of stacked islands and lots of dom!
some seem to care more than you think
jurgen wrote
at 4:55 AM, Friday July 1, 2011 EDT
Greece will get back on it's feet in the long run. The economy has potential but there are so many people employed by the government and taxes on companies have to be way too high to support that.

those loans that Greece gets are a tricky thing though(especially with all the conditions to get them). They include very painfull reforms. They probably go too far but in a way it's good that an international organisation imposes them because no government would dare to make such painfull and unpopular changes on its own.

It's such a retarded system though: Countries like mine (with a huge debt themselves and much needed reforms and cut backs needed too) loan extra money at say a 4,5% interest rate. Then we give that money as a loan to Greece at say 8%. If Greece had to loan that money thmeselves now it would we at >12% I think? Not sure about the exact numbers but the point is there I think.
olkainry38 wrote
at 5:03 AM, Friday July 1, 2011 EDT
I would happily loan some money to Greece for let's say 7% Intereste rates !
jurgen wrote
at 5:12 AM, Friday July 1, 2011 EDT
We had some Greek bonds with great interest rates until last year but our banker advised to sell them so we did (sorry Greece). Glad we did, I don't think they would be worth more than half of back then by now.
wishbone wrote
at 6:47 AM, Friday July 1, 2011 EDT
Jurgs you can't honestly think Greece is going to just right itself back on it's own two feet do you?

You are sorely being mislead by the EU, they should drop Greece like a bad habit.
jurgen wrote
at 7:43 AM, Friday July 1, 2011 EDT
I wasn't aware I gave that impression Wish but no I don't think that at all. I think they wouldn't have started the huge reforms if international pressure hadn't been applied. It's hard to be unpopular as politician, even if it is supposed be their job.

To me, it's scary that one relatively small EU country can do so much damage to our monetary system. It's not like Greece is the only country in Europe that is in dire need of reforms (*angry look at Belgian politicians*)

It's also a huge problem that things are decided so slowly on a European level and all the big countries (in fact the small ones too) are so reluctant to give up power to the European level.

The other option would have been to kick Greece out of the EURO, let them go bancrupt (or partly)and clean up the mess themselves. I guess too many banks (still fragile from all the other moneytary crisisses) would be dragged down into bancrupcy if Greece wouldn't repay all the loaned money + the impact of such a European failure would look too bad I think.

So I guess they came close to one of the better solutions that were available.
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