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Labour hire Varoufakis as advisor
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 chris123  hove actually 02 Mar 16 5.01am |
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Originally posted by nickgusset
Link doesn't work, I think the sweary filter got it! see if this works
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| chris123 hove actually 02 Mar 16 5.06am |
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| chris123 hove actually 02 Mar 16 5.26am |
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No hasn't worked - it was a table showing by country which tax payers where most exposed to a sovereign debt default. German tax payers owed 86.7 billion euros, France 66.3, Italy 58, Spain 39.8, Holland 18.7, Belgium 11.4, Austria 9.2, Finland 5.9, Portugal 4.3, Slovakia 2.8, Ireland 2.6, Slovenia 1.5, Luxembourg 0.9, Lithuania 0.8, Estonia 0.7, Latvia 0.5, Cyprus 0.4, Malta 0.3. This isn't owed to corporates - it's owed to eurozone taxpayers.
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| jamiemartin721 Reading 02 Mar 16 9.38am |
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I don't think the solution really is to just bail Greece out and write off the debt, that essentially sets the wrong precedent, as well as undermining the stability of the EU. That said, the solution cannot also be a punishment on the people, who weren't actually responsible for the failures of their government - Who should be held directly and personally accountable, along with organisations that allowed them to underreport and hide their debts. The reality is that the majority of the population of Greece are as much victims of their government as the EU member states. The question is though, what to do about it. It might be interesting to see where the money actually went.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| chris123 hove actually 02 Mar 16 9.49am |
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Originally posted by jamiemartin721
I don't think the solution really is to just bail Greece out and write off the debt, that essentially sets the wrong precedent, as well as undermining the stability of the EU. That said, the solution cannot also be a punishment on the people, who weren't actually responsible for the failures of their government - Who should be held directly and personally accountable, along with organisations that allowed them to underreport and hide their debts. The reality is that the majority of the population of Greece are as much victims of their government as the EU member states. The question is though, what to do about it. It might be interesting to see where the money actually went. The point I was trying to make to Nick, Jamie is that the banking creditors took their haircuts sometime ago and apart from what is due to the IMF, the rump is owed to fellow eurozone members taxpayers. So to that extent, there are no more "banks" left in the creditors queue.
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| Hoof Hearted 02 Mar 16 10.35am | |
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Why are you lot bothering to try and debate with Gusset on this matter? He hasn't got a clue about financial matters and relies on Blogs and Union directives for the snippets of information and opinions he delivers. His track record on understanding the cost to the nation of keeping Public Sector Pension Schemes going (of which he is a benefactor - Teacher's Scheme) proves this point. His declaration of Varoufakis' appointment as Labour's financial guru/adviser being a good thing and suggestion that the Greek debt should be written off are utterly ridiculous and laughable. Then he wonders why I won't click on his links anymore!
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| nickgusset Shizzlehurst 02 Mar 16 6.49pm |
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Joseph Stiglitz (nobel winning economist) is also working on McDonnell's economy advisory panel.
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| exitstageright London 02 Mar 16 7.05pm |
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Originally posted by Hoof Hearted
Why are you lot bothering to try and debate with Gusset on this matter? He hasn't got a clue about financial matters and relies on Blogs and Union directives for the snippets of information and opinions he delivers. His track record on understanding the cost to the nation of keeping Public Sector Pension Schemes going (of which he is a benefactor - Teacher's Scheme) proves this point. His declaration of Varoufakis' appointment as Labour's financial guru/adviser being a good thing and suggestion that the Greek debt should be written off are utterly ridiculous and laughable. Then he wonders why I won't click on his links anymore! Is that Fred Blogs, the Liberal economist who says we will revert to stone-age conditions if we leave the EU?
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-TUX-  Alphabettispaghetti 02 Mar 16 7.18pm |
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Originally posted by Hoof Hearted
Why are you lot bothering to try and debate with Gusset on this matter? He hasn't got a clue about financial matters and relies on Blogs and Union directives for the snippets of information and opinions he delivers. His track record on understanding the cost to the nation of keeping Public Sector Pension Schemes going (of which he is a benefactor - Teacher's Scheme) proves this point. His declaration of Varoufakis' appointment as Labour's financial guru/adviser being a good thing and suggestion that the Greek debt should be written off are utterly ridiculous and laughable. Then he wonders why I won't click on his links anymore! 1. He's not alone.
Time to move forward together. |
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| Hoof Hearted 03 Mar 16 10.36am | |
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Just a quick note for whoever complained to the Mods about me "trolling" nickgusset...... Nick is fine with me about stuff - we are Hol friends now and both adults who are happy to give and receive insults about politics without getting upset. So as usual the Mods have had to give me a yellow card to appease somebody being offended on someone else's behalf who wasn't offended!
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| chris123 hove actually 03 Mar 16 10.40am |
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Originally posted by Hoof Hearted
Just a quick note for whoever complained to the Mods about me "trolling" nickgusset...... Nick is fine with me about stuff - we are Hol friends now and both adults who are happy to give and receive insults about politics without getting upset. So as usual the Mods have had to give me a yellow card to appease somebody being offended on someone else's behalf who wasn't offended!
A badge of honour.
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| Hoof Hearted 03 Mar 16 10.46am | |
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Originally posted by chris123
A badge of honour. Only lasts a month too! So if I keep me nose clean through March I'm free to go "trolling" again in April.. LOL
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