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  #51  
Old Aug 26th 2013, 01:08 PM
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Default Re: Greece

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Originally Posted by Americano View Post
Greece did it pretty good job of destroying itself with debt to live beyond its means.
Déjà vu mode:

It's the Greek elite that robbed the public coffers. They are completely untouched by the assault on the Greek population. It's actually very much akin to the sanctions against Iraq. The thugs at the top were unaffected while the average Iraqi bore the brunt. Same old.
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  #52  
Old Aug 26th 2013, 07:42 PM
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Default Re: Greece

Elites rob the state, citizens pay the price. Getting to be a regular pattern.
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  #53  
Old Oct 20th 2014, 02:12 PM
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Default Re: Greece

Meanwhile in Greece:

Results of the 'recovery' program:

(Remember that the total population of Greece is only 10M.)

Since 2009:

1,000,000 people have lost their job.

One in 4 small companies have gone bankrupt.

Of 1,317,848 unemployed people only 157,921 receive an allowance. That allowance is about 400€ (not even close to the minimum for survival). After 12 months the allowance stops. After 24 months the unemployed are scrapped from the health care system.

Up to a million employed people receive no wages or with great delays. Those which are paid have seen their wages -illegally- reduced by up to 30%.

The new minimum wage is 586€ gross a month.

550,000 employers have not paid their contributions to the health care system for at least two years leaving that system deep in (new) debt. In 2014 alone 4,959 of these employers have seen their assets seized.

2,500,000 Greek are now below the poverty threshold. One fifth of those have no income at all. Nevertheless, the Greek equivalent of the IRS assumes that everyone has an income and taxes people on that -fictitious- income. The result is that 319,226 court cases are pending which will result in penniless people having all their remaining assets seized.

3,068,000 Greek no longer have health insurance. The suicide rate climbs 45% a year.

The -forced- privatizations have a disappointing effect in that public assets are sold to the very same Greek oligarchs who caused the problem in the first place, for prices much too low, by politicians who are bought and sold by them.

Net result :
The very people who have benefited from the corruption are now benefiting from austerity. Everybody else, way over 99% of the population, is reduced to 'African' standards.

And still people in other European countries (e.g. Flanders) are voting neo-liberals into office.

Homo sapiens sapiens
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  #54  
Old Oct 20th 2014, 06:05 PM
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Default Re: Greece

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Originally Posted by Dominick View Post
The -forced- privatizations have a disappointing effect in that public assets are sold to the very same Greek oligarchs who caused the problem in the first place, for prices much too low, by politicians who are bought and sold by them.
This is a definite pattern that shows up in lots of places. Seems to be the standard operating procedure of a large 'grifter' industry that earns profits through manipulating politics for private gain.

The tactic is a common one - it was rampant in the USA in the 1970's with inner-city 'renewal' projects - seeking to turn neighborhoods into ghettos so they could then be purchased cheap, bulldozed and redeveloped for massive profits.
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  #55  
Old Oct 20th 2014, 10:04 PM
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Default Re: Greece

Forget to mention that in current polls the only two remaining significant political parties in Greece are the extreme left (Syriza) and the extreme right (Golden Dawn).
Can't really blame people...

Ironically the country which leaders were instrumental in destroying Greece through 'austerity' now also have a region (Thuringen) where the extreme left (Die Linke) will be part of the government, for pretty much the same reasons as in Greece

Go Merkel !
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  #56  
Old Oct 22nd 2014, 08:51 PM
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Default Re: Greece

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Forget to mention that in current polls the only two remaining significant political parties in Greece are the extreme left (Syriza) and the extreme right (Golden Dawn).
Can't really blame people...
That's a standard result when you have a major social breakdown - the electorate polarizes to the two extremes.
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  #57  
Old Oct 22nd 2014, 10:02 PM
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Default Re: Greece

Democracy also becomes increasingly less relevant. Democracy has failed to address capitalism, so...
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  #58  
Old Oct 23rd 2014, 05:36 AM
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Default Re: Greece

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Democracy also becomes increasingly less relevant. Democracy has failed to address capitalism, so...
Some countries have inheritance tax. Wouldn't you say that that was an addressing of capitalism?
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  #59  
Old Oct 23rd 2014, 12:29 PM
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Default Re: Greece

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Originally Posted by NickKIELCEPoland View Post
Some countries have inheritance tax. Wouldn't you say that that was an addressing of capitalism?
No. Not really.
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  #60  
Old Oct 23rd 2014, 09:16 PM
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Default Re: Greece

Just like with any form of taxation, there are purposefully built back doors for the (very) rich to avoid inheritance tax in the legislation of any country that has them.
Laws are never for those that write them, only for those that submit to them.
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