Greece is about to bail on it's austerity program [Archive] - Glock Talk

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cowboy1964
07-04-2012, 12:22
http://news.yahoo.com/greece-present-debt-inspectors-alarming-data-095944151--finance.html

Good thing the Euro Project has about a hundred wheels because another one is coming off on almost a daily basis. But eventually they will run out of wheels and crash spectacularly.

callihan_44
07-04-2012, 12:59
Government spokesman Simos Kedikoglou said in a television interview Tuesday that the data would demonstrate that the current austerity program was counterproductive

so I guess they are headed back to the good ole days then? spend spend spend thats the answer...unfortunate for the producers of europe

DonGlock26
07-04-2012, 13:15
The Germans will be done with them.

_

CitizenOfDreams
07-04-2012, 13:26
The Germans will be done with them.

What are they going to do, install some giant cannons on Navarone island?

cowboy1964
07-04-2012, 13:39
What are they going to do, install some giant cannons on Navarone island?

They will just cut off the bailouts. Greece exits the Euro and goes back to the Drachma. Hyperinflation kicks in as Greece prints all the money they need. The Euro starts unraveling as Italy and Spain go down too.

It's GOING to happen.

JimBianchi
07-04-2012, 13:55
Cowboy is correct.

Not if, but when.

SPIN2010
07-04-2012, 14:09
Sightseeing admission is going to be going up for them ruins. :whistling:

aircarver
07-04-2012, 14:24
Must be great to vote on austerity ...... :upeyes:

Do the people supplying the money get a vote too ? ....:shocked:

.

Cavalry Doc
07-04-2012, 14:50
Must be great to vote on austerity ...... :upeyes:

Do the people supplying the money get a vote too ? ....:shocked:

.

That's the problem, the people asking for their money get equal votes, and the workers are outnumbered.

beforeobamabans
07-04-2012, 15:01
They will just cut off the bailouts. Greece exits the Euro and goes back to the Drachma. Hyperinflation kicks in as Greece prints all the money they need. The Euro starts unraveling as Italy and Spain go down too.

It's GOING to happen.

Then what?

RHVEtte
07-04-2012, 16:26
Sightseeing admission is going to be going up for them ruins. :whistling:

No, with so many freshly created ones at the hands of rioting Socialists, competition will drive the prices down. Now, you'll have an alternative to going to see the Parthenon or the Acropolis.