World Politics

[Bavarianrider]

I am so ****ed of those lazy worthless south europeans

Really Germany, Netherlands, Sweden, Finnland, and Austria should call it a day and leave the Euro **** and form their own new currency

 

[rhubroma]

Well if Germany's exports keep going, it won't be easy.

 

[Bavarianrider]

Well if Germany's exports keep going, it won't be easy.

Germany exports just as much as it did before the euro. But of those things germany exports, more then 50% are actually imported first these days. So the true German export rate is lower then it was prior Euro.

 

[rhubroma]

Germany exports just as much as it did before the euro. But of those things germany exports, more then 50% are actually imported first these days. So the true German export rate is lower then it was prior Euro.

Let's bring back the Holy Roman Empire then shall we?

But wait, without the Pope, who would legitimize it?

 

[Bavarianrider]

Let's bring back the Holy Roman Empire then shall we?

But wait, without the Pope, who would legitimize it?

Why without the pope?
The Vatikan gets included of course

 

[rhubroma]

Why without the pope?
The Vatikan gets included of course

Right with Herr Ratzinger in cathedra, who could doubt? Unfortunately, though, Bavarianrider, that would also mean bring back the Papal State and thus Italy would be inextricably brought into your world, which would spoil your separatist dreams.

This would also probably mean you would be constantly at war with France. And have no place to go to the sea, besides Greece or Spain. Get the picture?

 

[Bavarianrider]

Right with Herr Ratzinger in cathedra, who could doubt? Unfortunately, though, Bavarianrider, that would also mean bring back the Papal State and thus Italy would be inextricably brought into your world, which would spoil your separatist dreams.

This would also probably mean you would be constantly at war with France. And have no place to go to the sea, besides Greece or Spain. Get the picture?

I can't go to the sea there cause they don't have the same currency and i am not feeding their lazy asses?
Actually a lot more people would go to holiday on greeece again as it would be cheaper again. Hence providing jobs and helping the economy. Why do you think more peole today go on holiday to Turkey then to Greece

 

[rhubroma]

I can't go to the sea there cause they don't have the same currency and i am not feeding their lazy asses?
Actually a lot more people would go to holiday on greeece again as it would be cheaper again. Hence providing jobs and helping the economy. Why do you think more peole today go on holiday to Turkey then to Greece

Because the Turks are much less lazy a$$es? Err um, sorry, the Euro!

 

[Bavarianrider]

 

[rhubroma]

Reminds me of my vacation to the Aegean last summer. Great places, people and the wine on Santorini was pretty nice too.

 

[Captain_Cavman]

I am so ****ed of those lazy worthless south europeans

Really Germany, Netherlands, Sweden, Finnland, and Austria should call it a day and leave the Euro **** and form their own new currency

Pah. The reason the EU is bailing out the Greeks and Irish is that German banks are ridiculously exposed to a default by either of these two. As long as the Greeks are in the EU, the Germans can get the rest of Europe/World's taxpayers to keep the Greeks from leaving the Euro and defaulting the debt they owe the German banks which would blow a massive hole in the German economy.

You need those Greeks (and Irish). We Brits on the other hand are still paying for your mistakes despite not even being in the Euro for reasons that escape us entirely.

 

[Bavarianrider]

Pah. The reason the EU is bailing out the Greeks and Irish is that German banks are ridiculously exposed to a default by either of these two. As long as the Greeks are in the EU, the Germans can get the rest of Europe/World's taxpayers to keep the Greeks from leaving the Euro and defaulting the debt they owe the German banks which would blow a massive hole in the German economy.

You need those Greeks (and Irish). We Brits on the other hand are still paying for your mistakes despite not even being in the Euro for reasons that escape us entirely.

Brits are paying for what?

 

[rhubroma]

Pah. The reason the EU is bailing out the Greeks and Irish is that German banks are ridiculously exposed to a default by either of these two. As long as the Greeks are in the EU, the Germans can get the rest of Europe/World's taxpayers to keep the Greeks from leaving the Euro and defaulting the debt they owe the German banks which would blow a massive hole in the German economy.

You need those Greeks (and Irish). We Brits on the other hand are still paying for your mistakes despite not even being in the Euro for reasons that escape us entirely.

But what escapes me is that California (the planet's 30th economy) is even in a worse state then those states and yet the world's economy isn't so terrified as that which presents itself by the Hellenic crisis, whose economy ranks 81st. Not even Oregon is throwing a fit.

 

[Bavarianrider]

But what escapes me is that California (the planet's 30th economy) is even in a worse state then those states and yet the world's economy isn't so terrified as that which presents itself by the Hellenic crisis, whose economy ranks 81st. Not even Oregon is throwing a fit.

That's the point my friend.
In the USA the states would never Bail out like this.
It's not about economy, it's just about politics. Politicans just want to safe their holy cow Euro. That's all. But it won't last long anymore. the population of North Europe will wake up soone ror later and end this mess.

 

[Captain_Cavman]

Brits are paying for what?

Britain have doubled their contributions to the IMF which will guarantee loans in the event of a Greek default. We contribute to the European financial stabilisation mechanism though not to the eurozone stability fund. Britain has loaned £7bn to Ireland and some to Portugal. By loaned, I really mean given away.

 

[Bavarianrider]

Britain have doubled their contributions to the IMF which will guarantee loans in the event of a Greek default. We contribute to the European financial stabilisation mechanism though not to the eurozone stability fund. Britain has loaned £7bn to Ireland and some to Portugal. By loaned, I really mean given away.

Wow that's indeed ****ed up. Especially considering the fact that Britain is actually totally bankrupt too.

 

[rhubroma]

That's the point my friend.
In the USA the states would never Bail out like this.
It's not about economy, it's just about politics. Politicans just want to safe their holy cow Euro. That's all. But it won't last long anymore. the population of North Europe will wake up soone ror later and end this mess.

Well as long as those ratings agencies I talked about before keep giving US t-bonds a AAA rating, they don't have to worry about saving their holy cow.

Oh I think folks will be "sleeping" for some time to come yet.

 

[Captain_Cavman]

But what escapes me is that California (the planet's 30th economy) is even in a worse state then those states and yet the world's economy isn't so terrified as that which presents itself by the Hellenic crisis, whose economy ranks 81st. Not even Oregon is throwing a fit.

To be honest I don't know a lot about US state finances, but I guess that Greece's problems are more urgent what with rioting in the streets etc.

The Greek 10 year Govt debt was 18% last time I looked. That's insane. but banks and hedge funds are still buying it so the money trail goes something like: EU taxpayer --> Government in taxes --> bail out fund --> Greek/Irish Government --> banks in interest payments.

So if you're a bank, what exactly is the penalty for lending Greece money it can't afford to pay back? Nada, in fact you make a massive profit. Wooohooo!

 

[rhubroma]

To be honest I don't know a lot about US state finances, but I guess that Greece's problems are more urgent what with rioting in the streets etc.

The Greek 10 year Govt debt was 18% last time I looked. That's insane. but banks and hedge funds are still buying it so the money trail goes something like: EU taxpayer --> Government in taxes --> bail out fund --> Greek/Irish Government --> banks in interest payments.

So if you're a bank, what exactly is the penalty for lending Greece money it can't afford to pay back? Nada, in fact you make a massive profit. Wooohooo!

In fact the market speculation of sovereign debt for profit is what's really insane and appalling.

The problem here is financial capitalism, not the so called work ethic between north and south, which has been acting like a subterfuge against scapegoat nations to the benefit of a few and to the detriment of many. Or at least as big of a problem. And places like Switzerland, which in its "neutrality" allows for the mega-rich of the financial world to have a fiscal paradise and to thus be permitted to not fulfill their social responsibility.

 

[redtreviso]

"One Wrong Move and Your Economy Gets It"


""Me: So, let me get this straight; Bush Jr. slashed their tax rates to historically low levels, gave them more tax breaks for sending US jobs off to who-knows-where, and in return these same companies squirreled hundreds of billions in those tax savings outside the reach of US taxes -- all of which gutted the US economy and treasury and through the nation into a near-depression. Now these very same companies have the gall to send us a ransom note offering to return some of that money to the US in return for a tax rate usually reserved for low-income earners and high schoolers working summer jobs. And you're telling me that none of this is a crime?!

911: We've been through this sir. No. It's not a crime. Now I have go sir. We have real crimes being committed by those unemployed folks you just referred to. Now goodbye!!

Me: Goodbye, indeed.""


http://smirkingchimp.com/thread/stephen-pizzo/36883/one-wrong-move-and-your-economy-gets-it

 

[Anonymous]

"One Wrong Move and Your Economy Gets It"


""Me: So, let me get this straight; Bush Jr. slashed their tax rates to historically low levels, gave them more tax breaks for sending US jobs off to who-knows-where, and in return these same companies squirreled hundreds of billions in those tax savings outside the reach of US taxes -- all of which gutted the US economy and treasury and through the nation into a near-depression. Now these very same companies have the gall to send us a ransom note offering to return some of that money to the US in return for a tax rate usually reserved for low-income earners and high schoolers working summer jobs. And you're telling me that none of this is a crime?!

911: We've been through this sir. No. It's not a crime. Now I have go sir. We have real crimes being committed by those unemployed folks you just referred to. Now goodbye!!

Me: Goodbye, indeed.""


http://smirkingchimp.com/thread/stephen-pizzo/36883/one-wrong-move-and-your-economy-gets-it

What do we get when we have the highest corporate tax rate in the industrialized world? Big corporations moving headquarters and jobs to Ireland and Switzerland... who have.......






Wait for it....







the lowest corporate tax rates in the industrialized world.


Big surprise there. Huge.

I posted this pages back. Maybe you missed it.

http://www.cbsnews.com/video/watch/?id=7360932n&tag=contentMain;contentBody

 

[redtreviso]

What do we get when we have the highest corporate tax rate in the industrialized world? Big corporations moving headquarters and jobs to Ireland and Switzerland... who have.......

Wait for it....

the lowest corporate tax rates in the industrialized world.


Big surprise there. Huge.I posted this pages back. Maybe you missed it.

http://www.cbsnews.com/video/watch/?id=7360932n&tag=contentMain;contentBody

Well why don't you move your business to Belfast ...maroon

 

[Anonymous]

Well why don't you move your business to Belfast ...maroon

I'm not big enough yet. So I just 'contribute' my 35% and keep my mouth shut.

Keep complaining about those big corporations like Google and Apple. While you are at it maybe you should lobby Washington to raise the corporate rates some more. That way all those big crooked corporations will take all of their jobs overseas. Won't that be great?

 

[redtreviso]

I'm not big enough yet. So I just 'contribute' my 35% and keep my mouth shut.

Keep complaining about those big corporations like Google and Apple. While you are at it maybe you should lobby Washington to raise the corporate rates some more. That way all those big crooked corporations will take all of their jobs overseas. Won't that be great?

Them like you hardly pay 35% .. more taxable is off the table than on..Apple and Google will get the message when no one in the US can afford to google on their apple.

oh and keeping your mouth shut.? the world would be a better place..

 

[Anonymous]

Them like you hardly pay 35% .. more taxable is off the table than on..Apple and Google will get the message when no one in the US can afford to google on their apple.

Apple and Google will get the message when no one in the US can afford to google on their apple

By moving to a business climate that is less expensive?

Uh, you ain't real good at the maths are ya?