Cyprus-Forum.com

[Oracle]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

[YFred]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

Double standards indeed. So in your eyes they can't be guilty even when they admit their guilt.
Interesting.

[Paphitis]

Why hasn’t the Karamanlis government; which had spent the last two consecutive terms in office, been arrested and tried for grand embezzlement?

Because the issues were endemic to Greece way before he even took office.

He is responsible for not doing anything to solve the issue of tax evasion, and could be argued to have contributed extensively. No one can deny.

If that’s the general consensus of the average Greek citizen, then anyone coming to power there would have to be very daft not to misappropriate funds into their bank account!

The existence of people like you Paphitis; that is those people who naively and foolishly remove all responsibility from those that take positions of power, encourage corruption and make such calamities possible!

What I am saying is that the Greek people are just as responsible as the previous administration and the one before that.

So it is the average Greek on the street that is responsible, unions, public sector and also the Government.

And Papandreou is just as responsible as Karamanlis.

But you are right. I absolve all Australian Governments of all responsibility when they decide to send countries like Iraq back to the stone age, and level Afghanistan. It's a wonderful world!

And you're still a dickhead!

[Paphitis]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

I think a lot of it has to do with the fact that these countries are still solvent enough to pay their bills and not rely on handouts!

[Gasman]

Oracle doesn't understand how it works. Best stick to Ancient History and not tax your brain with Current Affairs.

[Oracle]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

I think a lot of it has to do with the fact that these countries are still solvent enough to pay their bills and not rely on handouts!

So you are saying; every other country can pay its bills except Greece?:roll:

This is from today's Guardian ...

The next blast from the past was Ken Clarke, finally unleashed yesterday morning to claim a hung parliament could trigger a sterling crisis and 70s-style IMF bailout.

The British are the masters of the cover-up. They have just been pulling the wool over every-one's eyes for the longest time and at least until the election is over. The next admission will be that whoever is elected is going to have to reveal the full extent of the debt that the UK has accrued ..

[Paphitis]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

I think a lot of it has to do with the fact that these countries are still solvent enough to pay their bills and not rely on handouts!

So you are saying; every other country can pay its bills except Greece?:roll:

This is from today's Guardian ...

The next blast from the past was Ken Clarke, finally unleashed yesterday morning to claim a hung parliament could trigger a sterling crisis and 70s-style IMF bailout.

The British are the masters of the cover-up. They have just been pulling the wool over every-one's eyes for the longest time and at least until the election is over. The next admission will be that whoever is elected is going to have to reveal the full extent of the debt that the UK has accrued ..

All you need to do is look at US debt, which I'm certain will shock you. But it is serviceable, but confidence does slide and markets can tumble, temporarily. You are comparing Greece to countries that have heavy industry, and have resources. Even they have their ups and downs, but their economies always rebound. For Greece it is far harder. And neither the US or the UK are in danger of default at present.

You see, if countries like the UK, or US crumbled, it would effect much more than the Euro. Greece is insignificant in comparison, but devastating for the Euro zone all the same.

This, is the best thing that has happened in Greece. The country is in heavy need of a complete overhaul and reform. They need to seize this opportunity, otherwise Greece will never get its act together. And now, the Greek Government has the perfect pretext.

You know very well, that Greece is very ill, and I'm not referring to the economy or the debt. It is the sad state of affairs within Greece which drag it down, that need to be addressed. You see, the debt will be paid over time, but if Greece does not reform its tax system, VAT, public sector plus more, then the country is in real danger.

Like you, I hope they can work it out, as quickly as possible. I also hope they can find a way to prevent such things from happening again. This should be a turning point for Greece, and not a disaster. Sometimes you need things like this to happen in order to facilitate change. If Greece achieves this, then this crisis is a blessing!

[Oracle]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

I think a lot of it has to do with the fact that these countries are still solvent enough to pay their bills and not rely on handouts!

So you are saying; every other country can pay its bills except Greece?:roll:

This is from today's Guardian ...

The next blast from the past was Ken Clarke, finally unleashed yesterday morning to claim a hung parliament could trigger a sterling crisis and 70s-style IMF bailout.

The British are the masters of the cover-up. They have just been pulling the wool over every-one's eyes for the longest time and at least until the election is over. The next admission will be that whoever is elected is going to have to reveal the full extent of the debt that the UK has accrued ..

All you need to do is look at US debt, which I'm certain will shock you. But it is serviceable, but confidence does slide and markets can tumble, temporarily. You are comparing Greece to countries that have heavy industry, and have resources. Even they have their ups and downs, but their economies always rebound. For Greece it is far harder. And neither the US or the UK are in danger of default at present.

You see, if countries like the UK, or US crumbled, it would effect much more than the Euro. Greece is insignificant in comparison, but devastating for the Euro zone all the same.

This, is the best thing that has happened in Greece. The country is in heavy need of a complete overhaul and reform. They need to seize this opportunity, otherwise Greece will never get its act together. And now, the Greek Government has the perfect pretext.

You know very well, that Greece is very ill, and I'm not referring to the economy or the debt. It is the sad state of affairs within Greece which drag it down, that need to be addressed. You see, the debt will be paid over time, but if Greece does not reform its tax system, VAT, public sector plus more, then the country is in real danger.

Like you, I hope they can work it out, as quickly as possible. I also hope they can find a way to prevent such things from happening again. This should be a turning point for Greece, and not a disaster. Sometimes you need things like this to happen in order to facilitate change. If Greece achieves this, then this crisis is a blessing!

I have no problem accepting that Greece has to reform a number of areas. I am familiar with the taxation systems of both the UK and Greece and their major difference has only ever been one of the UK imposing punishing levels of taxation on those honest enough to declare whereas Greece has been more lenient to all. In Greece, every resident or homeowner has to file an annual tax return, but not so in the UK. I have a number of friends who have huge rental incomes here in the UK and because they are not chased up to file a return by law, they do not bother declaring their income. So whereas in the UK the honest small fry are punished, the big guys get away with murder -- But in Greece, I don't think they randomly punish the honest declarers just because they are the easy prey who pay up. So no system is perfect.

My only worry is that they won't allow Greece to reform because they do not want another efficient EU state competing against the US and UK, like Germany and France do for example. So instead of leaving Greece alone to clean her linen, they are descending like vultures -- vultures which have been encircling Greece ever since it was wounded, torn apart and exposed as vulnerable by the bloody Otto-Turks!

Edit:

What was I thinking! You only have to look at the way the parliamentarians were willfully milking the system to know how the average Brit traipses along in a pretext cloud, feigning ignorance of their duties!

[BirKibrisli]

I don't understand why every other country which has undergone a similar monetary catastrophe has gotten away with blaming it on the worldwide banking crisis; but when Greece finally succumbed it's suddenly all of their own making!

Double standards!

Anyway, the UK has finally admitted they may need to go via IMF soon ...

I think a lot of it has to do with the fact that these countries are still solvent enough to pay their bills and not rely on handouts!

So you are saying; every other country can pay its bills except Greece?:roll:

This is from today's Guardian ...

The next blast from the past was Ken Clarke, finally unleashed yesterday morning to claim a hung parliament could trigger a sterling crisis and 70s-style IMF bailout.

The British are the masters of the cover-up. They have just been pulling the wool over every-one's eyes for the longest time and at least until the election is over. The next admission will be that whoever is elected is going to have to reveal the full extent of the debt that the UK has accrued ..

All you need to do is look at US debt, which I'm certain will shock you. But it is serviceable, but confidence does slide and markets can tumble, temporarily. You are comparing Greece to countries that have heavy industry, and have resources. Even they have their ups and downs, but their economies always rebound. For Greece it is far harder. And neither the US or the UK are in danger of default at present.

You see, if countries like the UK, or US crumbled, it would effect much more than the Euro. Greece is insignificant in comparison, but devastating for the Euro zone all the same.

This, is the best thing that has happened in Greece. The country is in heavy need of a complete overhaul and reform. They need to seize this opportunity, otherwise Greece will never get its act together. And now, the Greek Government has the perfect pretext.

You know very well, that Greece is very ill, and I'm not referring to the economy or the debt. It is the sad state of affairs within Greece which drag it down, that need to be addressed. You see, the debt will be paid over time, but if Greece does not reform its tax system, VAT, public sector plus more, then the country is in real danger.

Like you, I hope they can work it out, as quickly as possible. I also hope they can find a way to prevent such things from happening again. This should be a turning point for Greece, and not a disaster. Sometimes you need things like this to happen in order to facilitate change. If Greece achieves this, then this crisis is a blessing!

I have no problem accepting that Greece has to reform a number of areas. I am familiar with the taxation systems of both the UK and Greece and their major difference has only ever been one of the UK imposing punishing levels of taxation on those honest enough to declare whereas Greece has been more lenient to all. In Greece, every resident or homeowner has to file an annual tax return, but not so in the UK. I have a number of friends who have huge rental incomes here in the UK and because they are not chased up to file a return by law, they do not bother declaring their income. So whereas in the UK the honest small fry are punished, the big guys get away with murder -- But in Greece, I don't think they randomly punish the honest declarers just because they are the easy prey who pay up. So no system is perfect.

My only worry is that they won't allow Greece to reform because they do not want another efficient EU state competing against the US and UK, like Germany and France do for example. So instead of leaving Greece alone to clean her linen, they are descending like vultures -- vultures which have been encircling Greece ever since it was wounded, torn apart and exposed as vulnerable by the bloody Otto-Turks!

Edit:

What was I thinking! You only have to look at the way the parliamentarians were willfully milking the system to know how the average Brit traipses along in a pretext cloud, feigning ignorance of their duties!

Even the consequences of the financial woes of Greece can be blamed on the "Otto-Turks",according to our Oracle...Amazing mind...amazing intellect...

[Gasman]

Greece has to reform a number of areas.

Masterly understatement there!

There seems to be growing clamour for Greece to be kicked out of the EU. I don't think that can happen easily if at all.

They can, however, LEAVE - the mechanism exists for them to do so. Some might say it would be the honourable thing to do.

O should go away and swot up on national debt/GDP/and every other factor taken into consideration re whether the figures are worrying or not, before she makes herself look even more stupid sticking her neck out in defence of her beloved muvverland on this issue.

Talk about blind nationalism. And it ain't even her country. And she doesn't even live in the one she wants to unite with it!