Banks prepare for the return of the drachma

This could get interesting.
 
They should have already gone back to it last year as they should have declared bankruptcy. Sooner they take the pain for failed socialism, the faster their country begin it's long and painful road to recovery. This won't make the Global Elites very happy, but such is life.
 
Dammy said:
They should have already gone back to it last year as they should have declared bankruptcy. Sooner they take the pain for failed socialism, the faster their country begin it's long and painful road to recovery. This won't make the Global Elites very happy, but such is life.
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sooner we take the pain for failed democracy, the faster we will heal, you say? and as for the globalist agenda... all is well

The Globalist Agenda represents a plan to bring all of Earth's inhabitants under the control of a single, global state. There is a small, but powerful group of individuals who are the architects and instigators behind the formation and implementation of this "New World Order". Using their influence through international organizations such as the IMF, World Bank, the Royal Institute of International Affairs (RIIA), the Council on Foreign Relations (CFR), the Trilateral Commission, the Bilderberg Group, the United Nations, NATO, and hundreds of other non-governmental organizations, the objective of these internationalists is nothing less than the subjugation of everyone on the planet as servants to a one world government (servants means slaves)

http://globalistagenda.org/

 
robert l. bentham said:
sooner we take the pain for failed democracy, the faster we will heal, you say? and as for the globalist agenda... all is well

The Globalist Agenda represents a plan to bring all of Earth's inhabitants under the control of a single, global state. There is a small, but powerful group of individuals who are the architects and instigators behind the formation and implementation of this "New World Order". Using their influence through international organizations such as the IMF, World Bank, the Royal Institute of International Affairs (RIIA), the Council on Foreign Relations (CFR), the Trilateral Commission, the Bilderberg Group, the United Nations, NATO, and hundreds of other non-governmental organizations, the objective of these internationalists is nothing less than the subjugation of everyone on the planet as servants to a one world government (servants means slaves)

http://globalistagenda.org/
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Be nice to those Global Elites, they control and fund your political party and it's progressive agenda. Yes, they also control the GOP elites since their agenda is about the same as the Progressives, just on a slower pace. Name of the game is control and it's amazing to watch the Progressives nose dive head long into surrendering their lives to the Progressive movement and it's Global Elite puppetmasters.

Robert, have you ever wondered just why the majority of the super rich are Progressives? Name of their game is control and control is Progressive movements middle name. Enjoy your blue pill.
 
Dammy said:
Be nice to those Global Elites, they control and fund your political party and it's progressive agenda. Yes, they also control the GOP elites since their agenda is about the same as the Progressives, just on a slower pace. Name of the game is control and it's amazing to watch the Progressives nose dive head long into surrendering their lives to the Progressive movement and it's Global Elite puppetmasters.

Robert, have you ever wondered just why the majority of the super rich are Progressives? Name of their game is control and control is Progressive movements middle name. Enjoy your blue pill.
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oh... yeah... i'm unaware of what's going on around me... lol!!! u need to catch up...
 
Dammy said:
Name of the game is control ...
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And that means the necessary destruction of all organisation of the people to stand against them. Wherever groups of people stand together against them they will be undermined and routed out and morons will cheer as they do this like idiots who dash out gleefully to dig clams on the suddenly dry beach after an earthquake and realize to late that the approaching water is no ordinary wind blown wave.
 
Dammy said:
They should have already gone back to it last year as they should have declared bankruptcy. Sooner they take the pain for failed socialism, the faster their country begin it's long and painful road to recovery. This won't make the Global Elites very happy, but such is life.
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That's kinda ironic considering that it's mostly the socialists who want to exit the Euro the most and the Conservative party (New Democracy) wants to stick with it.
 
Preparing for a return to the Drachma just means they're preparing for the worst. It would be pretty damn stupid not too regardless of your view on the Euro.

The interesting thing going on in Greece is how little the parties want to work with each other. The only two that have seriously offered to work with each other are the former bitter rivals, PASOK and New Democracy. The fringe parties however all seem to hate each other, and that includes all the left wing parties such as SYRIZA and Democratic Left, which refuse to work with each other (they would have had enough for a minority government). And no one wants to even talk to the fascists (thankfully). So it seems we'll be heading to an election. Not sure how it's gonna work, but I imagine they'll eliminate some of the lesser parties (there were over 30 registered for the last election) and force people to vote for one of the bigger parties.
 
Glaucus said:
So it seems we'll be heading to an election...
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That's one of the unfortunate dynamics of multi-party politics. Why try to get along when you can have another election and try to improve your position? That makes me worry about the leadership - are they really interested in leftist politics or only about being the leader. Silly question I suppose. Most leaders are ambitious and want to be the top dog.
On the other hand, maybe they just don't trust each other. One of the things that happens in a collapsing society is an escalation of mistrust.
 
That's one of the unfortunate dynamics of multi-party politics. Why try to get along when you can have another election and try to improve your position?
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And if you consider that in SYRIZA's case, inaction is their intention, it becomes clear that not forming a government is no different than governing. Not exactly democratic considering they had less than a quarter of the votes, but can all on their own force Greece to default (or at least, get it very close to) simply by being uncooperative with everyone else.

And yes, the political system in Greece is broken. Which is kinda why I favored the Papademos interim government that was put in place this past little while. Greek politics is all egos and dynasties. Most of those little fringe parties are headed up by the party founder, who is more interested in self promotion than the country. Which is kinda why I felt that SYRIZA campaigned not to win, but to be a strong opposition. Winning that election would suddenly make them take responsibility for things, and I seriously doubt they want that.
 
Glaucus said:
That's kinda ironic considering that it's mostly the socialists who want to exit the Euro the most and the Conservative party (New Democracy) wants to stick with it.
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See, I'm going to be voting for a socialist, and I agree the EURO was a disaster from the start. The only thing the Greeks got out of it is a decade or so of easy time and cheap money while the Global Elites waited till Greece was too far gone to save itself. Now it's just a pawn in a global financial and currency scam as is Portugal, Spain, Ireland, and the biggie, Italy.
 
Glaucus said:
Not exactly democratic considering they had less than a quarter of the votes, but can all on their own force Greece to default (or at least, get it very close to) simply by being uncooperative with everyone else.
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Which may be the smartest way to go. Defaulting while in power could end up in assassination.
 
Yes, that's one way to skirt responsibility all together.

But here's the interesting bit: polls show that the percentage of Greeks who want to stay in the Euro is well over 70%, I've heard some say over 80%. SYRIZA however is claiming that the poor results from the mainstream parties shows that the Greek people are rejecting not only austerity, but the EU and the Euro of course. Because of this, my belief is that the runoff election will likely produce a more decisive winner and SYRIZA will likely take some losses. I saw the SYRIZA vote mostly as a protest vote against a corrupt political establishment, but now that the punishment has been dealt out, voters may decide to get down to business.
 
Either the Germans are going to have to pay the bills of the Greeks in perpetuity, or Greece will have to leave the EU.

No political party in Greece can actually introduce a policy of austerity without committing political suicide. Politics in Greece is about pay-offs and patronage. Greece has only two options, cut the public sector. or devalue the currency. The election a week ago simply confirms that nothing is going to be done which cuts the public sector. By devaluing the currency public-sector salaries will be cut across the board without any vote. It is also true that it would also destroy the savings of anyone in Greece foolish enough to have any....
 
Glaucus said:
polls show that the percentage of Greeks who want to stay in the Euro is well over 70%, I've heard some say over 80%.
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That just means the Greeks don't know the root cause of their situation. I'm not saying that they'd be able to manage their money any better if it was in their own currency - it's just that the Germans wouldn't have them by the balls in the same way if they did.
 
metalman said:
Either the Germans are going to have to pay the bills of the Greeks in perpetuity, or Greece will have to leave the EU.
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Or the German banks which played a large part in causing the mess are going to have to eat the loss. That would be justice. Besides, the money is all imaginary.
 
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