BBC News - Eurozone debt crisis: Markets dive on Greek referendum
OK the greeks share some responsibility but banks and other institutions lent money to greece in the first place getting a higher rate of return because they were a bad risk. Sod bailing them out let them take the loss. Maybe if they knew they could actually lose their money they might have been a bit more careful. that's what I say anyway.
People may vote - Bankers wet themselves in panic.
People may vote - Bankers wet themselves in panic.
gmc;1374062 wrote: BBC News - Eurozone debt crisis: Markets dive on Greek referendum
OK the greeks share some responsibility but banks and other institutions lent money to greece in the first place getting a higher rate of return because they were a bad risk. Sod bailing them out let them take the loss. Maybe if they knew they could actually lose their money they might have been a bit more careful. that's what I say anyway.
By that logic then, we could say let's not punish the murderer that killed someone with a gun, let's punish the person that sold the gun to the murderer.
OK the greeks share some responsibility but banks and other institutions lent money to greece in the first place getting a higher rate of return because they were a bad risk. Sod bailing them out let them take the loss. Maybe if they knew they could actually lose their money they might have been a bit more careful. that's what I say anyway.
By that logic then, we could say let's not punish the murderer that killed someone with a gun, let's punish the person that sold the gun to the murderer.
People may vote - Bankers wet themselves in panic.
What about the manufacturer of said gun ?
Or the designer of the gun ?
Or it could be the system that allows guns to be freely available to anyone who wants one ?
But leave the gun out of the simile, maybe it is just the system ?
Or the designer of the gun ?
Or it could be the system that allows guns to be freely available to anyone who wants one ?
But leave the gun out of the simile, maybe it is just the system ?
I thought I knew more than this until I opened my mouth
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Oscar Namechange
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People may vote - Bankers wet themselves in panic.
I think the guy who sold the bullet to the owner of the gun
At the going down of the sun and in the morning, we will remember them. R.L. Binyon
People may vote - Bankers wet themselves in panic.
We've all seen this coming since it started. There's a lot of blame to go around too. I think the Greek people need to rid themselves of their burden. Bite the bullet and get out of the Eurozone, screw paying anyone back. It wasn't their choice to begin with most likely. Either way they have a tough road but the path they have been on has not served them well at all.
People may vote - Bankers wet themselves in panic.
:sneaky: And just to stir the pot of chicken entrails.
Have a look at your future........
Europe at war 2018: As Angela Merkel says euro meltdown could spark battle | Mail Online
MUHAHAHAHAHAHAHA!!!
Have a look at your future........
Europe at war 2018: As Angela Merkel says euro meltdown could spark battle | Mail Online
MUHAHAHAHAHAHAHA!!!
People may vote - Bankers wet themselves in panic.
Lon;1374082 wrote: By that logic then, we could say let's not punish the murderer that killed someone with a gun, let's punish the person that sold the gun to the murderer.
If they knowingly sold the gun to somebody that was likely to use it then yes they are liable. Even the states, I think, does not allow guns to be sold to convicted criminals - at least not legally. That's the kind of sophistry that is being used to blur the issue. In the states your government removed all the financial controls that were in place to prevent the kind of things that have happened mortgage lenders lending to people that have no income , no jobs etc, over inflating the housing market knowing full well the housing bubble was going to burst, somebody made a killing and it wasn't ordinary people. At least you are beginning to imprison people we still haven't got to the hearty of the matter.
Actions have consequences, if the bankers knew their actions would have a consequence i.e. bankruptcy for them and jail for fraud, then perhaps they would have thought about it a bit more. I don't see why we should recapitalise banks whose own stupidity have led to their crisis.
What really scares the **** out of european governments is that a no vote (to accept the measures) might just have their own populations sitting up and deciding to kick the **** out of their governments.
posted by scrat
And just to stir the pot of chicken entrails.
Have a look at your future........
Europe at war 2018: As Angela Merkel says euro meltdown could spark battle | Mail Online
MUHAHAHAHAHAHAHA!!!
Might be, your right wing nutters seem determined to keep the cold war alive, first iraq then the world. let's hope the american people get a grip on things. History might repeat itself, start of the 29th century ww1, start of the 19th napoleonic war, the ones before that weren't quite on the same scale.
I doubt merkel is right, more likely america will do something stupid in the middle east, by 2018 the us will be bankrupt anyway unless the chinese lend them the money which will no doubt be seen as an act of war if they don't. No it's not europe that is the problem.
If they knowingly sold the gun to somebody that was likely to use it then yes they are liable. Even the states, I think, does not allow guns to be sold to convicted criminals - at least not legally. That's the kind of sophistry that is being used to blur the issue. In the states your government removed all the financial controls that were in place to prevent the kind of things that have happened mortgage lenders lending to people that have no income , no jobs etc, over inflating the housing market knowing full well the housing bubble was going to burst, somebody made a killing and it wasn't ordinary people. At least you are beginning to imprison people we still haven't got to the hearty of the matter.
Actions have consequences, if the bankers knew their actions would have a consequence i.e. bankruptcy for them and jail for fraud, then perhaps they would have thought about it a bit more. I don't see why we should recapitalise banks whose own stupidity have led to their crisis.
What really scares the **** out of european governments is that a no vote (to accept the measures) might just have their own populations sitting up and deciding to kick the **** out of their governments.
posted by scrat
And just to stir the pot of chicken entrails.
Have a look at your future........
Europe at war 2018: As Angela Merkel says euro meltdown could spark battle | Mail Online
MUHAHAHAHAHAHAHA!!!
Might be, your right wing nutters seem determined to keep the cold war alive, first iraq then the world. let's hope the american people get a grip on things. History might repeat itself, start of the 29th century ww1, start of the 19th napoleonic war, the ones before that weren't quite on the same scale.
I doubt merkel is right, more likely america will do something stupid in the middle east, by 2018 the us will be bankrupt anyway unless the chinese lend them the money which will no doubt be seen as an act of war if they don't. No it's not europe that is the problem.