Radical left win Greek General Election

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Radical left win Greek General Election

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nickgusset Shizzlehurst 12 May 15 8.10pm
Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail.
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nickgusset

Shizzlehurst 12 May 15 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

Alert a moderator to this post

chris123 hove actually 12 May 15 8.22pm
Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.
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chris123

hove actually 12 May 15 8.22pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.

Alert a moderator to this post

Stuk Top half 12 May 15 8.23pm
Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. They simply aren't though. Unless you mean that they are being nasty by saying "don't worry about all those billions you owe". Optimistic as ever
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Stuk

Top half 12 May 15 8.23pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

They simply aren't though. Unless you mean that they are being nasty by saying "don't worry about all those billions you owe".

Optimistic as ever

Alert a moderator to this post

nickgusset Shizzlehurst 12 May 15 8.27pm
Quote chris123 at 12 May 2015 8.22pm Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties. My solution? Cancel the debt.
Alert a moderator to this post

nickgusset

Shizzlehurst 12 May 15 8.27pm

Quote chris123 at 12 May 2015 8.22pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.

My solution? Cancel the debt.

Alert a moderator to this post

Stuk Top half 12 May 15 8.32pm
Quote nickgusset at 12 May 2015 8.27pm Quote chris123 at 12 May 2015 8.22pm Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties. My solution? Cancel the debt. How to start a war, lesson 1. Optimistic as ever
Alert a moderator to this post

Stuk

Top half 12 May 15 8.32pm

Quote nickgusset at 12 May 2015 8.27pm

Quote chris123 at 12 May 2015 8.22pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.

My solution? Cancel the debt.

How to start a war, lesson 1.

Optimistic as ever

Alert a moderator to this post

chris123 hove actually 12 May 15 8.48pm
Quote nickgusset at 12 May 2015 8.27pm Quote chris123 at 12 May 2015 8.22pm Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties. My solution? Cancel the debt. Set aside the money owed to the Commission and the Central Bank, do you have any understanding of how the IMF works?
Alert a moderator to this post

chris123

hove actually 12 May 15 8.48pm

Quote nickgusset at 12 May 2015 8.27pm

Quote chris123 at 12 May 2015 8.22pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.

My solution? Cancel the debt.

Set aside the money owed to the Commission and the Central Bank, do you have any understanding of how the IMF works?

Alert a moderator to this post

nickgusset Shizzlehurst 12 May 15 8.52pm
Quote chris123 at 12 May 2015 8.48pm Quote nickgusset at 12 May 2015 8.27pm Quote chris123 at 12 May 2015 8.22pm Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties. My solution? Cancel the debt. Set aside the money owed to the Commission and the Central Bank, do you have any understanding of how the IMF works? I'm sure the bank could conjure money out of thin air!
Alert a moderator to this post

nickgusset

Shizzlehurst 12 May 15 8.52pm

Quote chris123 at 12 May 2015 8.48pm

Quote nickgusset at 12 May 2015 8.27pm

Quote chris123 at 12 May 2015 8.22pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.

My solution? Cancel the debt.

Set aside the money owed to the Commission and the Central Bank, do you have any understanding of how the IMF works?

I'm sure the bank could conjure money out of thin air!

Alert a moderator to this post

chris123 hove actually 12 May 15 9.00pm
Quote nickgusset at 12 May 2015 8.52pm Quote chris123 at 12 May 2015 8.48pm Quote nickgusset at 12 May 2015 8.27pm Quote chris123 at 12 May 2015 8.22pm Quote nickgusset at 12 May 2015 8.10pm Quote derben at 12 May 2015 7.59pm Quote Stuk at 12 May 2015 7.58pm Quote nickgusset at 12 May 2015 7.25pm Quote chris123 at 12 May 2015 6.57pm Quote Stuk at 12 May 2015 5.57pm So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment. [Link] That was their rainy day money. Tis like wonga but on a much bigger scale. How much of the debt is interest on loans to pay off debts? Only it's not. They've been given terms far more favourable than they should have. As they admit themselves now, they should never have been bailed out in the first place. I see the Greek anti-austerity party is doing well. I'd say the eu and IMF are doing their utmost to ensure they fail. And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties. My solution? Cancel the debt. Set aside the money owed to the Commission and the Central Bank, do you have any understanding of how the IMF works? I'm sure the bank could conjure money out of thin air! It's not a bank, it's a pool and you clearly haven't a clue.
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chris123

hove actually 12 May 15 9.00pm

Quote nickgusset at 12 May 2015 8.52pm

Quote chris123 at 12 May 2015 8.48pm

Quote nickgusset at 12 May 2015 8.27pm

Quote chris123 at 12 May 2015 8.22pm

Quote nickgusset at 12 May 2015 8.10pm

Quote derben at 12 May 2015 7.59pm

Quote Stuk at 12 May 2015 7.58pm

Quote nickgusset at 12 May 2015 7.25pm

Quote chris123 at 12 May 2015 6.57pm

Quote Stuk at 12 May 2015 5.57pm

So they've used a €650m IMF emergency loan and €100m of cash reserves to pay their latest IMF debt repayment.

[Link]

That was their rainy day money.

Tis like wonga but on a much bigger scale.

How much of the debt is interest on loans to pay off debts?

Only it's not. They've been given terms far more favourable than they should have.

As they admit themselves now, they should never have been bailed out in the first place.

I see the Greek anti-austerity party is doing well.

I'd say the eu and IMF are doing their utmost to ensure they fail.

And your solution is? Bearing in mind the commercial banks took massive haircuts four years ago and what remains is debt to other counties.

My solution? Cancel the debt.

Set aside the money owed to the Commission and the Central Bank, do you have any understanding of how the IMF works?

I'm sure the bank could conjure money out of thin air!

It's not a bank, it's a pool and you clearly haven't a clue.

Alert a moderator to this post

Stirlingsays 12 May 15 9.07pm
Quote nickgusset at 12 May 2015 8.52pm I'm sure the bank could conjure money out of thin air! Sure they could Nick. But what if that cancelled money meant that your teacher's pension was cut in half. Would you be so flippant then? 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

12 May 15 9.07pm

Quote nickgusset at 12 May 2015 8.52pm

I'm sure the bank could conjure money out of thin air!

Sure they could Nick.
But what if that cancelled money meant that your teacher's pension was cut in half.

Would you be so flippant then?

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

Alert a moderator to this post

nickgusset Shizzlehurst 12 May 15 9.15pm
Quote Stirlingsays at 12 May 2015 9.07pm Quote nickgusset at 12 May 2015 8.52pm I'm sure the bank could conjure money out of thin air! Sure they could Nick. But what if that cancelled money meant that your teacher's pension was cut in half. Would you be so flippant then? Is that the tps that was in rude health (which had been verified) before the coalition came in but suddenly unaffordable? You know the pension pot where the government refused to issue the figures (a legal obligation) before saying it was running dry.
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nickgusset

Shizzlehurst 12 May 15 9.15pm

Quote Stirlingsays at 12 May 2015 9.07pm

Quote nickgusset at 12 May 2015 8.52pm

I'm sure the bank could conjure money out of thin air!

Sure they could Nick.
But what if that cancelled money meant that your teacher's pension was cut in half.

Would you be so flippant then?

Is that the tps that was in rude health (which had been verified) before the coalition came in but suddenly unaffordable? You know the pension pot where the government refused to issue the figures (a legal obligation) before saying it was running dry.

Alert a moderator to this post

Stirlingsays 12 May 15 9.18pm
Quote nickgusset at 12 May 2015 9.15pm Is that the tps that was in rude health (which had been verified) before the coalition came in but suddenly unaffordable? You know the pension pot where the government refused to issue the figures (a legal obligation) before saying it was running dry. That's another thread Nick. The flow of money is based upon confidence.....You cancel debt what you are really doing is cancelling someone's income somewhere else. It does affect people........The crash eventually resulted in me losing my job. 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

12 May 15 9.18pm

Quote nickgusset at 12 May 2015 9.15pm

That's another thread Nick.

The flow of money is based upon confidence.....You cancel debt what you are really doing is cancelling someone's income somewhere else.

It does affect people........The crash eventually resulted in me losing my job.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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