EU referendum

[purplenose]

This exposes the lie that the EU is stable, I doubt even the most ardent remainian would care to make the case that Greece will be a member very much longer (But hey, if your confident enough please go right ahead ), so then its down to what the Germans will do when faced with the bill because they are going to be the biggest loser.
Something tells me the German voters will not be long in kicking off big time.

Already been made clear that if Greece sod off out of it it will be very costly to this country as well, amazing how recently there has been little or no news coverage of Greece edging ever closer to the exit...wonder why that is then. Well guess what it wont be costly to us if our electorate can muster enough votes and brain cells to gtf out of it too.

 

[BigJoe#1]

The debt is not numbers on the screen, it is money they have overspent and borrowed from you and me.

If a Greek wanted to start a business, where will they get their money from because who is going to lend to them?

They can default and start another currency and that is fine but they will not be able to trade on the world markets and no-one will lend them the money they need to do it.

They could print the money but then how do they import and export when their currency is worth virtually nothing abroad.

Greece is a country that is bankrupt and it is not because of the EU it is because of extremely poor decisions and management on the behalf of the citizens who elected those people in the first place.

The Greek economy has failed because the EU project, the Euro and the single economy concept ensured it didn't succeed, it couldn't possibly!

Very poor custodianship and management on behalf of the EU leaders, commissioners, parliament, ministers, call it what you will. Was doomed to fail and will fail.

The only question is how much will we contribute to the bail out.... directly or indirectly?

 

[blueinsa]

The debt is not numbers on the screen, it is money they have overspent and borrowed from you and me.

If a Greek wanted to start a business, where will they get their money from because who is going to lend to them?

They can default and start another currency and that is fine but they will not be able to trade on the world markets and no-one will lend them the money they need to do it.

They could print the money but then how do they import and export when their currency is worth virtually nothing abroad.

Greece is a country that is bankrupt and it is not because of the EU it is because of extremely poor decisions and management on the behalf of the citizens who elected those people in the first place.

Take our debt, £Trillions and rising by the second.

What does it look like all those £Trillions?

Where is it all kept?

Or is it just numbers on a screen used to control policies and populations?

As for the claim that Greece only has itself to blame, does that apply to Italy, Portugal, Ireland, Spain etc who have all suffered similar woes under the EU and the rules that seemingly stem from Germany and France yet got along fine when they had their own currencies?

 

[purplenose]

The debt is not numbers on the screen, it is money they have overspent and borrowed from you and me.

If a Greek wanted to start a business, where will they get their money from because who is going to lend to them?

They can default and start another currency and that is fine but they will not be able to trade on the world markets and no-one will lend them the money they need to do it.

They could print the money but then how do they import and export when their currency is worth virtually nothing abroad.

Greece is a country that is bankrupt and it is not because of the EU it is because of extremely poor decisions and management on the behalf of the citizens who elected those people in the first place.

It is because the Greeks very unwisely chose under much pressure from the EU to become part of it all, when infact for thousands of years the Greeks had evolved a way of life and mentality that was never ever going to work in a union with efficient Northern European cultures vastly different to their own. Greece is just the start it will be soon followed by others of similar culture. In Greece familly came first and business came "tommorrow" in Britain France and Germany money and business come well before family and tomorrow, it was an alliance that was never going to work and never will. The Greed and expansionism culture in the EU lead by Germany and France and embraced by the UK was never going to work.

 

[worsleyweb]

Out! Only way.

 

[Chancy Termites]

The debt is not numbers on the screen, it is money they have overspent and borrowed from you and me.

If a Greek wanted to start a business, where will they get their money from because who is going to lend to them?

They can default and start another currency and that is fine but they will not be able to trade on the world markets and no-one will lend them the money they need to do it.

They could print the money but then how do they import and export when their currency is worth virtually nothing abroad.

Greece is a country that is bankrupt and it is not because of the EU it is because of extremely poor decisions and management on the behalf of the citizens who elected those people in the first place.

Not so. It's money that French and German banks loaned, under pressure from their governments, knowing that the Greek books had been cooked by a small number of corrupt Greek politicians and their accountants Golden Sachs.

95% of the bailout money leaves Greece. It's a bailout of French and German banks, not of Greece.

 

[SWP's back]

That still image shows how biased that event was from the start. The out camp parading under the union flag. Everyone knows the true patriots wish to remain, as witnessed by the WW2 heroes who came out in support of the EU this week.

The outers just look like a failed Morrissey fan club meet!

Fuck off.

True patriots? Like you. Give over.

 

[SWP's back]

Take our debt, £Trillions and rising by the second.

What does it look like all those £Trillions?

Where is it all kept?

Or is it just numbers on a screen used to control policies and populations?

Most of it is owned by pensions funds and mr and Mrs Smith.

Premium Bonds, they are national debt instruments along with every gilt ever issued. They pay an income and then pay and capital sum back on a set date.

 

[blueonblue]

Not so. It's money that French and German banks loaned, under pressure from their governments

Perhaps at this stage its worth noting that it was GS who cooked the books to get them in, and rather than pressure from government its far more accurate to note just how many GS connections within those governments and the EU influenced those loans.

 

[blueinsa]

Most of it is owned by pensions funds and mr and Mrs Smith.

Premium Bonds, they are national debt instruments along with every gilt ever issued. They pay an income and then pay and capital sum back on a set date.

Cheers mate.

At what point do the debt figures become so large that repayment is just completely unrealistic though?