Re: Eurozone will collapse...
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http://www.heraldscotland.com/news/p...isis-1.1108419 http://www.dailymail.co.uk/news/arti...=feeds-newsxml |
Re: Eurozone will collapse...
Domino effect only has credence if they don't pull out of the euro and the other countries prop them up.. (I personally think that the other Eurozone countries will drop greece like a hot potato if it gets any worse)
You have to take articles in context and not as a blanket ;) |
Re: Eurozone will collapse...
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Re: Eurozone will collapse...
If the greek vote goes against austerity measures then it'll be interesting to see how the main core of Europe and also of the IMF reacts..
ATM the benefits of the EU and of the IMF are finely balanced, if this takes it over the edge then we could see some drastic measures.. Throwing Greece to the wolves might be the only option to keep the balance intact. Remember we are in a worldwide recession still and most countries will have their back-up plan for self survival.. |
Re: Eurozone will collapse...
Interesting point from Robert Peston's blog
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Not really a sound basis for going forward, is it? |
Re: Eurozone will collapse...
Well the Greek parliment have voted with common sense and passed the Austerity vote
http://www.bbc.co.uk/news/world-europe-13960947 |
Re: Eurozone will collapse...
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Re: Eurozone will collapse...
Agreed, but why do the Greek masses dissagree and riot?
Do they not see that they are broke and there is no choice? |
Re: Eurozone will collapse...
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Re: Eurozone will collapse...
how about the moneys that greece makes from tourism whyb can that money not be used to help the people of greece and why cannot the fat cats in greece give up thier huge wages and live more sensibly like the rest of us
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Re: Eurozone will collapse...
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Re: Eurozone will collapse...
Actually, it is the fact that all levels of society have been avoiding paying taxes, not just the 'fat cats', and that Greece spent far more than it raised in taxes....
But hey - a class warrior never let's facts get in the way of a good diatribe, hey? |
Re: Eurozone will collapse...
im nota class warrior i just say when i think summats wrong
its not the working people of this counrty that hide money in tax havens and employ top accountents to find loop holes to avoid payying tax |
Re: Eurozone will collapse...
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I agree with you that everyone should pay their fair share of tax - however, avoiding paying tax is not illegal, evading it is... Anyhoo, we were talking about Greece, where, as I stated, it isn't just the "fat cats", it is also the "working class" who avoid paying all the taxes they should.... |
Re: Eurozone will collapse...
Quite right - tax evasion as opposed to avoidance is virtually endemic in Greece. To that extent, whilst I sympathise with the problems ordinary people there face, they are in part responsible for it in just the samne way that those here who helped inflate the credit bubble with spending based on borrowing against their homes.
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