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-   -   Eurozone will collapse... (https://www.cableforum.uk/board/showthread.php?t=33678876)

Ignitionnet 10-05-2012 22:14

Re: Eurozone will collapse...
 
It's nearly as ridiculous as the so called 'Greek bailout', which giving it its proper name is the German and French banks' bailout. Greece are getting none of that money it's going straight into the hands of banks who greedily threw money at Greece by the billion without doing their due diligence.

Maggy 12-05-2012 09:40

Re: Eurozone will collapse...
 
http://www.nytimes.com/2012/05/12/wo...%2Findex.jsonp

Quote:

With the seismic political upheaval of the elections in France and Greece barely past, Germany’s most important state is already entering the stretch run to its own electoral showdown on Sunday. The task falls to the state premier of North Rhine-Westphalia, Hannelore Kraft, whose skills at political compromise and pragmatic style are reminiscent in many ways of Ms. Merkel’s own.
What are her chances do you think?

Sirius 12-05-2012 09:45

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Maggy J (Post 35426684)

None i hope.

I want to see the Euro zone go into meltdown so we can start with a fresh mandate based on the original plan of the European market, not this super state plan that the French and Germans envisage and are trying there best to force on everyone.

Dai 12-05-2012 12:19

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Ignitionnet (Post 35426170)
It's nearly as ridiculous as the so called 'Greek bailout', which giving it its proper name is the German and French banks' bailout. Greece are getting none of that money it's going straight into the hands of banks who greedily threw money at Greece by the billion without doing their due diligence.

It certainly is an interesting situation. The banks throw money at a country known to be financially weak. They get most of the money back by devious ways and means and the EU gets the leverage to put their placemen into key positions. One might almost suspect the whole situation was engineered deliberately.

Hugh 12-05-2012 12:23

Re: Eurozone will collapse...
 
What next - the black helicopters?

Sirius 12-05-2012 12:35

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Hugh (Post 35426721)
What next - the black helicopters?

If you say so :)

Osem 12-05-2012 12:47

Re: Eurozone will collapse...
 
Quote:

Originally Posted by DaiNasty (Post 35426719)
It certainly is an interesting situation. The banks throw money at a country known to be financially weak. They get most of the money back by devious ways and means and the EU gets the leverage to put their placemen into key positions. One might almost suspect the whole situation was engineered deliberately.

You're not implying that the Eurocrats and their pals seek power by hook or by crook are you?? :confused: :shocked: :rolleyes:

Dai 12-05-2012 13:24

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Hugh (Post 35426721)
What next - the black helicopters?

No. They're all busy smuggling opium from Afghanistan.

;)

Osem 12-05-2012 19:48

Re: Eurozone will collapse...
 
Quote:

Europe central bankers have been openly expressing views on the possibility of Greece leaving the eurozone as its leaders struggle to form a government.

Germany's top banker said it was up to the Greeks to decide, but if they did not keep to their bailout commitments, they would receive no new aid.
http://www.bbc.co.uk/news/world-europe-18046280

Gloves coming off now.

Chris 12-05-2012 19:55

Re: Eurozone will collapse...
 
Good, the sooner the better!

Sirius 12-05-2012 20:03

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Chris (Post 35426878)
Good, the sooner the better!

I bet the Germans have a MASTER plan so we need not worry ;)

TheDaddy 12-05-2012 20:41

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Sirius (Post 35426881)
I bet the Germans have a MASTER plan so we need not worry ;)

Let's hope someone has a plan because what's happened so far seems pretty clueless to me but then I guess that's could be what they want us to think :Yikes:

nomadking 12-05-2012 21:00

Re: Eurozone will collapse...
 
How did the Germans get the Greeks to go on a spending spree, hide excessive government spending, not pay taxes and, pay certain groups(eg railway workers) excessive wages? How did they get the Irish and the Spanish to overdo building projects? That would be a good trick. Nobody forced them into borrowing too much.

Ignitionnet 12-05-2012 21:23

Re: Eurozone will collapse...
 
Quote:

Originally Posted by Osem (Post 35426874)

Love the way that they claim it's the Greeks receiving the aid when it's really the (mostly French and German) banks who lent money to Greece without doing their due diligence who are receiving this money.

This so called bailout isn't going to Greece it's going straight to their creditors, and the cynical *******s within the troika are trying to make out that they are somehow helping the Greeks out with this forced socialisation of bad private sector loans.

nomadking 12-05-2012 21:27

Re: Eurozone will collapse...
 
The Greeks have already received the money in the form of the original loans. Why should they receive the money again? Everybody would like that sort of loan. Receive the loan money, fritter it away and then get more money on top of the original borrowing.


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