FORUMS > The Sin Bin > Anti- Austerity Doctrine Not Working |
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18919_1341147656.jpg [quote="King Monkey":30st820n]Maybe a spell in prison would do Graham good.
At least he'd lose his virginity.[/quote:30st820n]:d7dc4b20b2c2dd7b76ac6eac29d5604e_18919.jpg |
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| Austerity is naïve, and is a very reductionist view that a national economy works the same way as a household budget.
I've said it a couple of times now but, the debt needs to be written off, not just in Greece but, globally. Private debt is the real problem though, and is what will have the most impact on living standards. Again, either this debt should be written off, or the bailout money should go to the people in order to pay off their own debt (most of which I'd imagine would go to the banks anyway), which through ordinary circumstances won't be repaid. But, no. The banks get the bailout money, and they can continue to use the debts of their customers to speculate with other peoples money, to inflate housing and stock prices, instead of lending money to small businesses to increase productivity and jobs.
So, in short this left wing/right side show needs to cease, and it's about time the powers that be think realistically about the debt crisis and admit that debt that can't be repaid, won't be repaid.
The longer this has gone on though, the more it's looked like an engineered collapse, in order to bring about further "centralisation" of power to EU, and IMF.
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International Chairman | 9721 | ![](images/sitelogos/fullsize/31.png) |
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icons077e_files/5885-54zedonite-msnicons.jpg regards
and ENJOY your sport
Leaguefan
"The Public wants what the Public gets" - Paul Weller:icons077e_files/5885-54zedonite-msnicons.jpg |
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| Quote: Ajw71 "Tsipras gone already - what a joke these extremist leaders are.'"
That woman being one of the worst and the country is still suffering because of her ridiculous dogma driven policies.
BTW, how are you getting on with answering my questions from a while ago? Struggling to find a logical coherent response?
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Player Coach | 4934 | ![](images/sitelogos/fullsize/17.png) |
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40515_1330766741.jpg Don't worry about avoiding temptation.
As you grow older, it will avoid you!
- Winston Churchill:d7dc4b20b2c2dd7b76ac6eac29d5604e_40515.jpg |
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| Quote: Leaguefan "
Struggling to find a logical coherent response?'"
And this from someone whose posts usually consist of just smilies with no attempt at a coherent response
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Player Coach | 4934 | ![](images/sitelogos/fullsize/17.png) |
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40515_1330766741.jpg Don't worry about avoiding temptation.
As you grow older, it will avoid you!
- Winston Churchill:d7dc4b20b2c2dd7b76ac6eac29d5604e_40515.jpg |
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| At the forthcoming general elections in Greece will the former leftie PM Mr Tsipras having tried and failed with an anti-austerity doctrine now campaign on a full (worse than before) austerity ticket?
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30596_1286642206.jpg If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.
Frederick Douglas:d7dc4b20b2c2dd7b76ac6eac29d5604e_30596.jpg |
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| Wouldn't it be easier to just use the one log in?
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22483_1351031655.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22483.jpg |
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| Try it and find out.
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