Non-motoring > Greek Debt Miscellaneous
Thread Author: Lygonos Replies: 42
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New Sat 22 Oct 11 18:02 
 Greek Debt - Lygonos
LOL

LMFAO

etc

So we have the unexpected (ha ha) position that after throwing good money after bad, the Greek economy looks like it is imploding/deflating to the point that debt 'haircuts' look unavoidable.

What message does this send to the other highly indebted nations?

Vordermanomics has failed just like it does for personal debt.

(Why not take a big giant loan out to pay off you existing loans?)

Ha ha ha

It'd be funny if it wasn't so ridiculously stupid.

Is there any point to 'national debt' other than to allow the politicians-of-the-day to spend more than they should to try to keep their popularity levels high?

(Other than servicing extraordinary spending, of course, eg. WW2)
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 Messages Author Date
 Greek Debt new Lygonos 22 Oct 11 18:02
 Greek Debt new Meldrew 22 Oct 11 18:08
 Greek Debt new Stuu 22 Oct 11 18:21
 Greek Debt new CGNorwich 22 Oct 11 18:31
 Greek Debt new Lygonos 22 Oct 11 18:59
 Greek Debt new Zero 22 Oct 11 21:24
 Greek Debt new Manatee 22 Oct 11 19:22
 Greek Debt new teabelly 22 Oct 11 20:46
 Greek Debt new Lygonos 22 Oct 11 21:16
 Greek Debt new Dutchie 22 Oct 11 21:32
 Greek Debt new Manatee 22 Oct 11 21:32
 Greek Debt new mikeyb 23 Oct 11 11:36
 Greek Debt new Dutchie 23 Oct 11 12:01
 Greek Debt new Stuu 23 Oct 11 12:21
 Greek Debt new Dutchie 23 Oct 11 12:35
 Greek Debt new Stuu 23 Oct 11 12:41
 Greek Debt new mikeyb 23 Oct 11 12:39
 Greek Debt new Stuu 23 Oct 11 12:44
 Greek Debt new mikeyb 23 Oct 11 12:58
 Greek Debt new Stuu 23 Oct 11 13:09
 Greek Debt new Iffy 23 Oct 11 13:17
 Greek Debt new - 23 Oct 11 12:42
 Greek Debt new Cliff Pope 23 Oct 11 18:21
 Greek Debt new Suppose 23 Oct 11 19:08
 Greek Debt new rtj70 23 Oct 11 19:24
 Greek Debt new Robin O'Reliant 23 Oct 11 19:50
 Greek Debt new Robin O'Reliant 23 Oct 11 21:23
 Greek Debt new Suppose 23 Oct 11 23:04
 Greek Debt new Zero 23 Oct 11 23:09
  
 Greek Debt new CGNorwich 23 Oct 11 23:14
  
 Greek Debt new Dutchie 23 Oct 11 21:57
 Greek Debt new Stuu 23 Oct 11 22:00
 Greek Debt new Dutchie 23 Oct 11 22:33
 Greek Debt new Stuu 23 Oct 11 22:44
 Greek Debt new Suppose 23 Oct 11 23:08
 Greek Debt new Stuu 23 Oct 11 23:13
  
 Greek Debt new Iffy 24 Oct 11 09:30
  
 Greek Debt new VxFan 24 Oct 11 10:55
  
 Greek Debt new Stuu 24 Oct 11 13:12
 Greek Debt new Manatee 24 Oct 11 19:14
 Greek Debt new Stuu 24 Oct 11 20:20
 Greek Debt new Robin O'Reliant 24 Oct 11 20:25
 Greek Debt new Manatee 24 Oct 11 20:39
  
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