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nickgusset Shizzlehurst 05 Jul 15 11.18pm
Quote Stirlingsays at 05 Jul 2015 11.14pm Quote rob1969 at 05 Jul 2015 10.32pm Greeks just given two fingers to the EU - and Germans in particular. No love lost there normally but now the Greeks have definitely had enough. Don't know where it will end but admire their spirit. Seconded. The birthplace of western civilization deserves better....or at least it's common people do. She came from Greece she had a thirst for knowledge...
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nickgusset

Shizzlehurst 05 Jul 15 11.18pm

Quote Stirlingsays at 05 Jul 2015 11.14pm

Quote rob1969 at 05 Jul 2015 10.32pm

Greeks just given two fingers to the EU - and Germans in particular. No love lost there normally but now the Greeks have definitely had enough. Don't know where it will end but admire their spirit.

Seconded.

The birthplace of western civilization deserves better....or at least it's common people do.

She came from Greece she had a thirst for knowledge...

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Stirlingsays 05 Jul 15 11.20pm
Quote nickgusset at 05 Jul 2015 11.18pm Quote Stirlingsays at 05 Jul 2015 11.14pm Quote rob1969 at 05 Jul 2015 10.32pm Greeks just given two fingers to the EU - and Germans in particular. No love lost there normally but now the Greeks have definitely had enough. Don't know where it will end but admire their spirit. Seconded. The birthplace of western civilization deserves better....or at least it's common people do. She came from Greece she had a thirst for knowledge... '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

05 Jul 15 11.20pm

Quote nickgusset at 05 Jul 2015 11.18pm

Quote Stirlingsays at 05 Jul 2015 11.14pm

Quote rob1969 at 05 Jul 2015 10.32pm

Greeks just given two fingers to the EU - and Germans in particular. No love lost there normally but now the Greeks have definitely had enough. Don't know where it will end but admire their spirit.

Seconded.

The birthplace of western civilization deserves better....or at least it's common people do.

She came from Greece she had a thirst for knowledge...

'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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Tom-the-eagle Croydon 05 Jul 15 11.21pm
Quote nickgusset at 05 Jul 2015 11.18pm Quote Stirlingsays at 05 Jul 2015 11.14pm Quote rob1969 at 05 Jul 2015 10.32pm Greeks just given two fingers to the EU - and Germans in particular. No love lost there normally but now the Greeks have definitely had enough. Don't know where it will end but admire their spirit. Seconded. The birthplace of western civilization deserves better....or at least it's common people do. She came from Greece she had a thirst for knowledge... That's brilliant Mr Gusset "It feels much better than it ever did, much more sensitive." John Wayne Bobbit
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Tom-the-eagle

Croydon 05 Jul 15 11.21pm

Quote nickgusset at 05 Jul 2015 11.18pm

Quote Stirlingsays at 05 Jul 2015 11.14pm

Quote rob1969 at 05 Jul 2015 10.32pm

Greeks just given two fingers to the EU - and Germans in particular. No love lost there normally but now the Greeks have definitely had enough. Don't know where it will end but admire their spirit.

Seconded.

The birthplace of western civilization deserves better....or at least it's common people do.

She came from Greece she had a thirst for knowledge...

That's brilliant Mr Gusset

"It feels much better than it ever did, much more sensitive." John Wayne Bobbit

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legaleagle 05 Jul 15 11.51pm
Quote serial thriller at 05 Jul 2015 9.47pm Quote nickgusset at 05 Jul 2015 9.43pm Every region voted No. This despite a concerted campaign from private media companies for a yes vote. Interesting times. But the people have spoken. Hardly surprising. One of the most incredible facts from the situation is that apparently only 10% of the loans the Troika gave to Greece went to the government and the people, 90% going instead to private banks needing to pay back loans after the financial crash. I'm currently reading Establishment by Owen Jones and the parallels are incredible in Britain. Spot on.Sending money to enable domestic banks to pay out other banks (Germany's banks were amongst those owed most). A long term outcome of the 2008-9 banking crisis,in significant part a crisis of the banks'(and those responsible for regulatory policies') own making. Edited by legaleagle (05 Jul 2015 11.53pm)
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legaleagle

05 Jul 15 11.51pm

Quote serial thriller at 05 Jul 2015 9.47pm

Quote nickgusset at 05 Jul 2015 9.43pm

Every region voted No.

This despite a concerted campaign from private media companies for a yes vote.

Interesting times. But the people have spoken.

Hardly surprising. One of the most incredible facts from the situation is that apparently only 10% of the loans the Troika gave to Greece went to the government and the people, 90% going instead to private banks needing to pay back loans after the financial crash.

I'm currently reading Establishment by Owen Jones and the parallels are incredible in Britain.

Spot on.Sending money to enable domestic banks to pay out other banks (Germany's banks were amongst those owed most). A long term outcome of the 2008-9 banking crisis,in significant part a crisis of the banks'(and those responsible for regulatory policies') own making.

Edited by legaleagle (05 Jul 2015 11.53pm)

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We are goin up! Coulsdon 06 Jul 15 8.21am
Quote Stirlingsays at 05 Jul 2015 7.47pm Quote ChuFukka at 05 Jul 2015 7.27pm There aren't that many other ways to look at it. They seem to think that this will give them a stronger negotiating position within the EU, when it seems for all intents and purposes that the exact opposite is true. Many will see this as a huge 'up yours' to the people who have bankrolled them for years because they couldn't control their budget, and many (Germans in particular) are sick of it. They didn't belong in the Eurozone in the first place, and, whether they choose to believe it or not, this will accelerate their exit. It was the Germans who along with the rest of the EU voted to let them in.....It was the EU who were incompetent in not realising that Greece's books were cooked.....Any idiot with any knowledge of Greece knows how badly run it is. It was largely German firms who took advantage of Greece's underdevelopment to build massive construction projects there.....Greece has been treated like a second class state.....Another entity to service the strong economies of Europe. Much of Greek's debt has been provided by the EU (whose leader is Germany (how ironic)) in the same way a crack dealer deals out crack. Budget problems were dealt with by increasing their debt......This problem is just as much a fault of the EU as it is the politicians in Greece. f*** the EU and half of what it stands for......It's helped ruin Greece.....It managed to take a bankrupt country and increase its problems many times over....draw it close to extremism and disaster than it ever has been. Now Greece kicks the ball back into the EU's half.....Throw us out and risk Italy and Spain as well.....The markets aren't stupid....Those countries are heading in the same direction.....It won't be sensible to repeat the long and expensive journey with them also......Allowing Greece to fall could allow the whole pack to fall. I'm going to be very interested in what happens next. Spot on. The idea that the Greeks are a bunch of lazy c*nts is simply daft. Their economy is structured very differently to the rest of the Eurozone, huge protectionist policies for small business, different opening times, different natural resources. If Germany want a single currency that is cheaper than the Deutschmark and better for their exports, they have to accept that there are costs involved in that, too. The main one being that they have to subsidise poorer parts of the eurozone. If the survival of the Euro is considered the most important policy of the day, then Europe needs to become more federalised... Thank god we're out of it. The problem with socialism is that you eventually run out of other people's money.
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We are goin up!

Coulsdon 06 Jul 15 8.21am

Send a Private Message to We are goin up!

Quote Stirlingsays at 05 Jul 2015 7.47pm

Quote ChuFukka at 05 Jul 2015 7.27pm

There aren't that many other ways to look at it. They seem to think that this will give them a stronger negotiating position within the EU, when it seems for all intents and purposes that the exact opposite is true. Many will see this as a huge 'up yours' to the people who have bankrolled them for years because they couldn't control their budget, and many (Germans in particular) are sick of it. They didn't belong in the Eurozone in the first place, and, whether they choose to believe it or not, this will accelerate their exit.

It was the Germans who along with the rest of the EU voted to let them in.....It was the EU who were incompetent in not realising that Greece's books were cooked.....Any idiot with any knowledge of Greece knows how badly run it is.
It was largely German firms who took advantage of Greece's underdevelopment to build massive construction projects there.....Greece has been treated like a second class state.....Another entity to service the strong economies of Europe.

Much of Greek's debt has been provided by the EU (whose leader is Germany (how ironic)) in the same way a crack dealer deals out crack.

Budget problems were dealt with by increasing their debt......This problem is just as much a fault of the EU as it is the politicians in Greece.

f*** the EU and half of what it stands for......It's helped ruin Greece.....It managed to take a bankrupt country and increase its problems many times over....draw it close to extremism and disaster than it ever has been.

Now Greece kicks the ball back into the EU's half.....Throw us out and risk Italy and Spain as well.....The markets aren't stupid....Those countries are heading in the same direction.....It won't be sensible to repeat the long and expensive journey with them also......Allowing Greece to fall could allow the whole pack to fall.

I'm going to be very interested in what happens next.

Spot on. The idea that the Greeks are a bunch of lazy c*nts is simply daft. Their economy is structured very differently to the rest of the Eurozone, huge protectionist policies for small business, different opening times, different natural resources.

If Germany want a single currency that is cheaper than the Deutschmark and better for their exports, they have to accept that there are costs involved in that, too. The main one being that they have to subsidise poorer parts of the eurozone. If the survival of the Euro is considered the most important policy of the day, then Europe needs to become more federalised... Thank god we're out of it.

The problem with socialism is that you eventually run out of other people's money.

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Hoof Hearted 06 Jul 15 9.56am
All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks. They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out. How anyone can view yesterday's vote as a victory for Greece is beyond me. If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago! Their options now are... 1. Climb down and accept there has to be austerity. that is it....... reverting to the Drachma will leave them worse than a third world country. Their lazy, corrupt nature has taken them to the brink, nothing else.
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Hoof Hearted 06 Jul 15 9.56am

All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks.

They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out.

How anyone can view yesterday's vote as a victory for Greece is beyond me.

If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago!

Their options now are...

1. Climb down and accept there has to be austerity.

that is it....... reverting to the Drachma will leave them worse than a third world country.

Their lazy, corrupt nature has taken them to the brink, nothing else.

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serial thriller The Promised Land 06 Jul 15 10.44am
Quote ChuFukka at 05 Jul 2015 9.59pm Quote serial thriller at 05 Jul 2015 9.09pm Quote ChuFukka at 05 Jul 2015 7.28pm Quote nickgusset at 05 Jul 2015 7.27pm Quote Stirlingsays at 05 Jul 2015 6.40pm Quote ChuFukka at 05 Jul 2015 6.37pm Looks like a no vote likely. Prepare for chaos Greece, because the Germans will not fund your public service and pension profligacy any longer. An atrocious decision from a tragically desperate and under informed electorate. They aren't under informed. Rightly or wrongly, they just don't agree with you. Edited by Stirlingsays (05 Jul 2015 6.41pm) The tipping point where the amount of debt payments + mounting interest payments became unsustainable passed a long time ago. Some would say that the banks are strangling the Greeks because of who is in power there... Only the clueless and paranoid. I'll take those titles The fact is, Greece is in something of a state of chaos already. 50% youth unemployment, debt at 175% of GDP and atrocious public services. These are the results of a corrupted government who the Troika willingly gave loans they knew were untenable in the long term, happy in the knowledge that Greece could pay them back with further short term loans from private banks and the EU, or from further cuts to public spending which was destroying civil society. All of a sudden the chickens have come home to roost and the EU, as they have already done once in Greece, wish to override the democratic will of the people by implementing an austerity package which serves no real purpose other than to partially reimburse private banks, who as I said were totally complicit in lending to a nation who was never realistically going to pay them back. The fact is, Greece can be cautiously optimistic about leaving the Eurozone. Despite common misconceptions, Greeks are some of the hardest working people in Europe, with the OECD finding they work around 400 hours a year more on average than Brits. Similarly, a domestic currency which they can devalue to encourage commerce would improve the competitiveness which the single currency doesn't allow. The people who are really f***ed here are the IMF, who have just lost the biggest sum in their history (thanks to their own fecklessness), the EU, which is rapidly losing credibility and authority in countries such as Spain and Italy; and Germany, who gain most out of the single currency hence their leading in the calls for fiscal austerity in Greece despite having no democratic mandate. And to be honest, I say good riddance! (or maybe I'm clueless too?) Edited by serial thriller (05 Jul 2015 9.11pm) Do you really believe they are being particularly targeted because of who is in power, more so than if they had elected anyone else? If not, then my comment wasn't aimed at you. You have to remember that SYRIZA is one of the most left wing governments Europe has had since the end of the Second World War. It's not a case of them being targeted by the EU; rather, it's that the ideological imbalance between those sitting on each side of the table is so vast that any compromise is almost unimaginable. What the EU, Germany, the private banks and the IMF want to have is a Greek government who will point blank accept the austerity measures necessary to keep the money flowing in to their coffers and continue their wider economic credibility. The Greek people have, wonderfully, seen through this, realised that a Yes vote would leave them facing decades of economic hardship, and thus SYRIZA now have a mandate to push for a debt write off or, more probably, abstention from the Eurozone. If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4
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serial thriller

The Promised Land 06 Jul 15 10.44am

Send a Private Message to serial thriller

Quote ChuFukka at 05 Jul 2015 9.59pm

Quote serial thriller at 05 Jul 2015 9.09pm

Quote ChuFukka at 05 Jul 2015 7.28pm

Quote nickgusset at 05 Jul 2015 7.27pm

Quote Stirlingsays at 05 Jul 2015 6.40pm

Quote ChuFukka at 05 Jul 2015 6.37pm

Looks like a no vote likely.

Prepare for chaos Greece, because the Germans will not fund your public service and pension profligacy any longer. An atrocious decision from a tragically desperate and under informed electorate.

They aren't under informed.

Rightly or wrongly, they just don't agree with you.

Edited by Stirlingsays (05 Jul 2015 6.41pm)

The tipping point where the amount of debt payments + mounting interest payments became unsustainable passed a long time ago.

Some would say that the banks are strangling the Greeks because of who is in power there...

Only the clueless and paranoid.

I'll take those titles

The fact is, Greece is in something of a state of chaos already. 50% youth unemployment, debt at 175% of GDP and atrocious public services. These are the results of a corrupted government who the Troika willingly gave loans they knew were untenable in the long term, happy in the knowledge that Greece could pay them back with further short term loans from private banks and the EU, or from further cuts to public spending which was destroying civil society.

All of a sudden the chickens have come home to roost and the EU, as they have already done once in Greece, wish to override the democratic will of the people by implementing an austerity package which serves no real purpose other than to partially reimburse private banks, who as I said were totally complicit in lending to a nation who was never realistically going to pay them back.

The fact is, Greece can be cautiously optimistic about leaving the Eurozone. Despite common misconceptions, Greeks are some of the hardest working people in Europe, with the OECD finding they work around 400 hours a year more on average than Brits. Similarly, a domestic currency which they can devalue to encourage commerce would improve the competitiveness which the single currency doesn't allow.

The people who are really f***ed here are the IMF, who have just lost the biggest sum in their history (thanks to their own fecklessness), the EU, which is rapidly losing credibility and authority in countries such as Spain and Italy; and Germany, who gain most out of the single currency hence their leading in the calls for fiscal austerity in Greece despite having no democratic mandate.

And to be honest, I say good riddance! (or maybe I'm clueless too?)

Edited by serial thriller (05 Jul 2015 9.11pm)

Do you really believe they are being particularly targeted because of who is in power, more so than if they had elected anyone else? If not, then my comment wasn't aimed at you.

You have to remember that SYRIZA is one of the most left wing governments Europe has had since the end of the Second World War. It's not a case of them being targeted by the EU; rather, it's that the ideological imbalance between those sitting on each side of the table is so vast that any compromise is almost unimaginable.

What the EU, Germany, the private banks and the IMF want to have is a Greek government who will point blank accept the austerity measures necessary to keep the money flowing in to their coffers and continue their wider economic credibility. The Greek people have, wonderfully, seen through this, realised that a Yes vote would leave them facing decades of economic hardship, and thus SYRIZA now have a mandate to push for a debt write off or, more probably, abstention from the Eurozone.

If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4

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serial thriller The Promised Land 06 Jul 15 10.45am
Quote Hoof Hearted at 06 Jul 2015 9.56am All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks. They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out. How anyone can view yesterday's vote as a victory for Greece is beyond me. If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago! Their options now are... 1. Climb down and accept there has to be austerity. that is it....... reverting to the Drachma will leave them worse than a third world country. Their lazy, corrupt nature has taken them to the brink, nothing else. So banks lending to a nation which had debt to GDP levels well over 100% should take no responsibility? If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4
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serial thriller

The Promised Land 06 Jul 15 10.45am

Quote Hoof Hearted at 06 Jul 2015 9.56am

All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks.

They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out.

How anyone can view yesterday's vote as a victory for Greece is beyond me.

If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago!

Their options now are...

1. Climb down and accept there has to be austerity.

that is it....... reverting to the Drachma will leave them worse than a third world country.

Their lazy, corrupt nature has taken them to the brink, nothing else.

So banks lending to a nation which had debt to GDP levels well over 100% should take no responsibility?

If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4

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Plane Bromley 06 Jul 15 10.57am
Quote serial thriller at 06 Jul 2015 10.45am Quote Hoof Hearted at 06 Jul 2015 9.56am All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks. They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out. How anyone can view yesterday's vote as a victory for Greece is beyond me. If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago! Their options now are... 1. Climb down and accept there has to be austerity. that is it....... reverting to the Drachma will leave them worse than a third world country. Their lazy, corrupt nature has taken them to the brink, nothing else. So banks lending to a nation which had debt to GDP levels well over 100% should take no responsibility? Aaaah, I see, it's those nasty banks fault for the Greeks living beyond their means for years on end? hanks for enlightening me.
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Plane

Bromley 06 Jul 15 10.57am

Quote serial thriller at 06 Jul 2015 10.45am

Quote Hoof Hearted at 06 Jul 2015 9.56am

All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks.

They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out.

How anyone can view yesterday's vote as a victory for Greece is beyond me.

If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago!

Their options now are...

1. Climb down and accept there has to be austerity.

that is it....... reverting to the Drachma will leave them worse than a third world country.

Their lazy, corrupt nature has taken them to the brink, nothing else.

So banks lending to a nation which had debt to GDP levels well over 100% should take no responsibility?

Aaaah, I see, it's those nasty banks fault for the Greeks living beyond their means for years on end? hanks for enlightening me.

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dannyh wherever I lay my hat....... 06 Jul 15 11.06am
Would you borrow more money if you couldn’t afford to pay the original amount back ? Did they a have a choice ? Yes, accept austerity Measures, they refused. The country as a whole decided to live beyond it's means, and that new president of theirs is going to bankrupt the country. Totally and utterly the fault of the greedy gits who ran the country. You can't blame the banks, they did what banks do, blaming the banks for lending is like telling off a dog for barking, it's what they do. "It's not the bullet that's got my name on it that concerns me; it's all them other ones flyin' around marked 'To Whom It May Concern.'"
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dannyh

wherever I lay my hat....... 06 Jul 15 11.06am

Would you borrow more money if you couldn’t afford to pay the original amount back ?

Did they a have a choice ? Yes, accept austerity Measures, they refused.

The country as a whole decided to live beyond it's means, and that new president of theirs is going to bankrupt the country.

Totally and utterly the fault of the greedy gits who ran the country. You can't blame the banks, they did what banks do, blaming the banks for lending is like telling off a dog for barking, it's what they do.

"It's not the bullet that's got my name on it that concerns me; it's all them other ones flyin' around marked 'To Whom It May Concern.'"

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serial thriller The Promised Land 06 Jul 15 11.09am
Quote Plane at 06 Jul 2015 10.57am Quote serial thriller at 06 Jul 2015 10.45am Quote Hoof Hearted at 06 Jul 2015 9.56am All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks. They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out. How anyone can view yesterday's vote as a victory for Greece is beyond me. If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago! Their options now are... 1. Climb down and accept there has to be austerity. that is it....... reverting to the Drachma will leave them worse than a third world country. Their lazy, corrupt nature has taken them to the brink, nothing else. So banks lending to a nation which had debt to GDP levels well over 100% should take no responsibility? Aaaah, I see, it's those nasty banks fault for the Greeks living beyond their means for years on end? hanks for enlightening me. You know what, yes, yes it is. Obviously a corrupted dynastic government played its part, as did a singular currency which strangled competitiveness in Greece, but if I were to put my finger on one thing that has caused this problem, it would be the financial sector. You have to remember that Greece was hit particularly hard by the 2007 crash. Greek private banks were particularly dependent on many central banks to keep the cash flow going, thus when it all went tits up they had to rely heavily on short term loans. As I said, 90% of the loans given to Greece went directly to their private banks, and these were the loans which increased their debt to over 100% of GDP, totally untenable levels, while leaving public services shot and unemployment at third world levels. In fact, I'm intrigued to know how you could really blame anyone else for this situation. But clearly you do, so please tell me who and how? If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4
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serial thriller

The Promised Land 06 Jul 15 11.09am

Quote Plane at 06 Jul 2015 10.57am

Quote serial thriller at 06 Jul 2015 10.45am

Quote Hoof Hearted at 06 Jul 2015 9.56am

All of the financial commentators interviewed on R4 Today reckon Greece has only got a few days money left in their banks.

They are struggling to buy medicines and raw materials as well as giving people their money to shop for food which will become more expensive as it runs out.

How anyone can view yesterday's vote as a victory for Greece is beyond me.

If they want to stay in the Euro zone, as they claim, they are in a worse bargaining state than a week ago!

Their options now are...

1. Climb down and accept there has to be austerity.

that is it....... reverting to the Drachma will leave them worse than a third world country.

Their lazy, corrupt nature has taken them to the brink, nothing else.

So banks lending to a nation which had debt to GDP levels well over 100% should take no responsibility?

Aaaah, I see, it's those nasty banks fault for the Greeks living beyond their means for years on end? hanks for enlightening me.

You know what, yes, yes it is. Obviously a corrupted dynastic government played its part, as did a singular currency which strangled competitiveness in Greece, but if I were to put my finger on one thing that has caused this problem, it would be the financial sector.

You have to remember that Greece was hit particularly hard by the 2007 crash. Greek private banks were particularly dependent on many central banks to keep the cash flow going, thus when it all went tits up they had to rely heavily on short term loans. As I said, 90% of the loans given to Greece went directly to their private banks, and these were the loans which increased their debt to over 100% of GDP, totally untenable levels, while leaving public services shot and unemployment at third world levels.

In fact, I'm intrigued to know how you could really blame anyone else for this situation. But clearly you do, so please tell me who and how?

If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4

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serial thriller The Promised Land 06 Jul 15 11.13am
Quote dannyh at 06 Jul 2015 11.06am Would you borrow more money if you couldn’t afford to pay the original amount back ? Did they a have a choice ? Yes, accept austerity Measures, they refused. The country as a whole decided to live beyond it's means, and that new president of theirs is going to bankrupt the country. Totally and utterly the fault of the greedy gits who ran the country. You can't blame the banks, they did what banks do, blaming the banks for lending is like telling off a dog for barking, it's what they do. So if I go in to a bank, take out a billion pound loan and then piss it all away on drugs women and drink, is it solely my fault that I never pay it back, or do the bank not have some duty to check my financial credibility? If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4
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serial thriller

The Promised Land 06 Jul 15 11.13am

Quote dannyh at 06 Jul 2015 11.06am

Would you borrow more money if you couldn’t afford to pay the original amount back ?

Did they a have a choice ? Yes, accept austerity Measures, they refused.

The country as a whole decided to live beyond it's means, and that new president of theirs is going to bankrupt the country.

So if I go in to a bank, take out a billion pound loan and then piss it all away on drugs women and drink, is it solely my fault that I never pay it back, or do the bank not have some duty to check my financial credibility?

If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4

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