Park Life 70 Posted July 3, 2015 Author Share Posted July 3, 2015 Aren't the people being given a chance to vote on it? What's more democratic than that? Troika already said they weren't interested in waiting for the vote and withdrew what was on the table on Tue/Wed. They've only come back sniffing when they realised the Greeks were serious. How can you have one currency without a safety net for the weaker economies? If they were serious them they should accept and be honest about recycling money to the weaker countries to bring then up to standard over time. This breakneck austerity reveals the Germans were only interested in saving their banks and now they are mostly out of the mire they show little interest and have started to overtly diss Syriza, like they did with Berlelsconi who they found too tricky (even though he was democratically elected). Link to comment Share on other sites More sharing options...
Park Life 70 Posted July 3, 2015 Author Share Posted July 3, 2015 Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted July 4, 2015 Share Posted July 4, 2015 http://www.theguardian.com/commentisfree/2015/jul/03/alexis-tsipras-promises-greek-crisis-referendum Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 5, 2015 Share Posted July 5, 2015 No official exit poll available as yet, but most of the unofficial polls are suggesting a win for the "no" vote. Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 5, 2015 Share Posted July 5, 2015 Looks like 60%+ win for the No vote. Good for you, Greek people. Link to comment Share on other sites More sharing options...
ewerk 26441 Posted July 5, 2015 Share Posted July 5, 2015 It ain't going to get much easier for them. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 5, 2015 Share Posted July 5, 2015 In what way and why? I really can't call this until we see how the creditors respond tomorrow. If this prompts a deal that is better than Greece was offered then it may be a lot better for Greeks. Right now the message is the deal won't be better but Tsipras called this referendum because he wanted it for the next phase of the negotiation. Now that he has it, we have to expect some stronger bargaining and more nervousness from the finance ministers whose corporate sponsors will be feeling more and more edgy as market volatility kicks in. How do you see if playing out? Varoufakis's game-theory would have led them to here so I think the Greeks have an outcome in mind. Link to comment Share on other sites More sharing options...
Park Life 70 Posted July 5, 2015 Author Share Posted July 5, 2015 Link to comment Share on other sites More sharing options...
Kitman 2188 Posted July 6, 2015 Share Posted July 6, 2015 Is there any possibility the Erics will tell the Greeks to get stuffed? It seems to me the Greek strategy is based on the idea that their creditors will have to negotiate a deal wth them. Incidentally dunno why anyone should put up with years of austerity when you can borrow what you cant afford to fund neverland spending on your cronies, and renege on it because its the will of your people. Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 6, 2015 Share Posted July 6, 2015 Varoufakis resigns. "I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings. I shall wear the creditors’ loathing with pride." It was fun while it lasted. Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 6, 2015 Share Posted July 6, 2015 Full statement taken from his blog: The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage. Like all struggles for democratic rights, so too this historic rejection of the Eurogroup’s 25th June ultimatum comes with a large price tag attached. It is, therefore, essential that the great capital bestowed upon our government by the splendid NO vote be invested immediately into a YES to a proper resolution – to an agreement that involves debt restructuring, less austerity, redistribution in favour of the needy, and real reforms. Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today. I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum. And I shall wear the creditors’ loathing with pride. We of the Left know how to act collectively with no care for the privileges of office. I shall support fully Prime Minister Tsipras, the new Minister of Finance, and our government. The superhuman effort to honour the brave people of Greece, and the famous OXI (NO) that they granted to democrats the world over, is just beginning. Link to comment Share on other sites More sharing options...
Sonatine 10007 Posted July 6, 2015 Share Posted July 6, 2015 I like the cut of his jib Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 6, 2015 Share Posted July 6, 2015 Incidentally dunno why anyone should put up with years of austerity when you can borrow what you cant afford to fund neverland spending on your cronies, and renege on it because its the will of your people. If you change that to 'fund globally unprecedented amounts of money on the nazi war machine' then you could pose the same question to the Germans. The Greeks voted for their debt cancellation in 1953 to allow the country to recover after WW2. Which was a bit more 'their fault' than the current Greek crisis. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 6, 2015 Share Posted July 6, 2015 Also, their debt is unsustainable and austerity wont solve it so this mornings escalating bond yields are as much the fault of Merkel and the financial leaders than the Greeks saying 'enough of this shit which clearly isn't working'. Link to comment Share on other sites More sharing options...
ewerk 26441 Posted July 6, 2015 Share Posted July 6, 2015 I don't think that the result of the referendum is quite the bargaining chip Tsipras may have hoped for, it's more of an absolution of blame for what comes next. Greece's creditors aren't going to suddenly start offering major concessions and the Greeks are going to be more resolved than ever so it's only going to end with Greece's exit from the Euro and an absolute nightmare for the people of Greece in the short-term. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 6, 2015 Share Posted July 6, 2015 I think the resignation of Varoufakis suggests it is the bargaining chip they were hoping for as they clearly intend to use this to try to get a better deal. Whether they will remains to be seen, the creditors were never going to signal anything else pre-referendum. Some of the best academic game-theorists went on to become very successful poker players. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 6, 2015 Share Posted July 6, 2015 Thing which most pissed me off this weekend: Merkel leaking her comments about Tsipras being 'hard and ideological'. How ironic given Tsipras points to the hard evidence of 5 years of recession as the reason to reject austerity and Merkel's policy is based on an economic prediction now universally refuted, no evidence from anywhere it works and a hope for the return to growth based on what we now call the 'confidence fairies'. Ideological indeed you daft frau. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 6, 2015 Share Posted July 6, 2015 http://mobile.nytimes.com/blogs/krugman/2015/07/05/europe-wins/?referrer= http://mobile.nytimes.com/2015/07/06/opinion/paul-krugman-ending-greeces-bleeding.html?referrer= Link to comment Share on other sites More sharing options...
Park Life 70 Posted July 6, 2015 Author Share Posted July 6, 2015 Goodbye sweet Prince. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 6, 2015 Share Posted July 6, 2015 This morning's Sun headline: 'Greeky bum time'. Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 6, 2015 Share Posted July 6, 2015 I think it's the Daily Star that has gone with "RAPIST CHAD EVANS TO BE A DAD." Err.....congratulations? Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 6, 2015 Share Posted July 6, 2015 Don't know if this pic will work or not. Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 6, 2015 Share Posted July 6, 2015 Nope. Link to comment Share on other sites More sharing options...
Gemmill 34598 Posted July 6, 2015 Share Posted July 6, 2015 http://i.guim.co.uk/img/static/sys-images/Guardian/Pix/pictures/2015/7/6/1436176458376/4019d992-b861-4a69-b896-d2f5cfdf638a-620x472.png?w=620&q=85&auto=format&sharp=10&s=a4b4a7e9097193a8b4706d78a65adc1b Link to comment Share on other sites More sharing options...
The Fish 9008 Posted July 6, 2015 Share Posted July 6, 2015 I am not clicking on a link that begins "i.quim" while at work. That will happen later, in the comfort of my own home, lights down and a little Skrillex to accompany the angriest wank I can muster. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now