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HiPointDem

(20,729 posts)
Sat Oct 6, 2012, 01:41 PM Oct 2012

Greek Prime Minister Warns of Societal Collapse Like Weimar Germany; Citizens Storm Defense Ministry [View all]

Greece is politically and economically bankrupt. Unemployment is 24.4% and destined to get much worse with the latest round of austerity measures...Today, Antonis Samaras, the Greek Prime Minister warns of societal disintegration without urgent financial aid...

Antonis Samaras says Greece's democracy is in danger, comparing situation to Germany's pre-war Weimar Republic...Almost three years after the eruption of Europe's debt drama in Athens, the economic crisis engulfing the nation has become so severe that democracy itself is now imperiled, Antonis Samaras said.

Resorting to highly unusual language for a man who weighs his words carefully, the 61-year-old politician evoked the rise of the neo-Nazi Golden Dawn party to highlight the threat that Greece faces, explaining that society "is threatened by growing unemployment, as happened to Germany at the end of the Weimar Republic"...


The unprecedented storming of Greece's defence ministry by hundreds of protesting dockworkers on Thursday – a breach of security not seen in modern times – has especially unnerved officials. On Friday, Samaras lashed out at "those who don't understand the meaning of law and order".


Read more at http://globaleconomicanalysis.blogspot.com/2012/10/greek-citizens-storm-defense-ministry.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29#o1VyhhFO5LUIjcI8.99


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More and more, I'm starting to think that Greece should leave the Euro. Nye Bevan Oct 2012 #1
Yes it should. dipsydoodle Oct 2012 #4
They can't walk away from debt secured against state assets... why? Zalatix Oct 2012 #15
The subject is fully covered by International Law. dipsydoodle Oct 2012 #18
FIY tama Oct 2012 #21
I'm aware that curently dipsydoodle Oct 2012 #22
Details differ from country to country tama Oct 2012 #23
They should have left long ago, all of these countries should have run like crazy sabrina 1 Oct 2012 #17
Actually common currency is handy tama Oct 2012 #24
Oddly Greeks are the most supportive of the Euro. What's a Greek politician to do? pampango Oct 2012 #20
Cancelling odious debt tama Oct 2012 #29
Greek PM is just another fascist tama Oct 2012 #2
The ones who suffer are the people because the greed of politicans and bankers. southernyankeebelle Oct 2012 #3
I think in the case of politicians it was more idealism than greed. Nye Bevan Oct 2012 #5
You don't think there will be another war in europe? I hope your right as I have relatives who live southernyankeebelle Oct 2012 #8
I don't believe so tama Oct 2012 #45
I hope your right but I dunno. southernyankeebelle Oct 2012 #47
The original "idealism" tama Oct 2012 #42
can't greece sue goldman sux? pansypoo53219 Oct 2012 #6
No. Greece asked Goldman to help them cook their books Nye Bevan Oct 2012 #7
Oh! Goldman merely provided a criminal service, right? JackRiddler Oct 2012 #14
It doesn't follow dipsydoodle Oct 2012 #19
If I'm not mistaken tama Oct 2012 #35
I meant Europe dipsydoodle Oct 2012 #37
"The Greeks" JackRiddler Oct 2012 #41
Says one of the primary perpetrators of this "collapse." JackRiddler Oct 2012 #9
how do you figure? he's been leader of the opposition 2009-2012, was finance minister july 1989- HiPointDem Oct 2012 #12
Today is also a crucial period. JackRiddler Oct 2012 #13
he's been in power 4 months. for that reason, i wouldn't call him a *primary* perpetrator. HiPointDem Oct 2012 #16
Details, schmetails tama Oct 2012 #27
Screw Papandreou. JackRiddler Oct 2012 #31
Do disagreement there. tama Oct 2012 #32
Farce by Brecht, I'd say. JackRiddler Oct 2012 #40
Heh tama Oct 2012 #43
If you're working with the Troika to push austerity... JackRiddler Oct 2012 #30
"turning off the lights for households who can't afford their new taxes" tama Oct 2012 #34
That's great news, and I agree with you. JackRiddler Oct 2012 #39
sorry to split hairs; my disagreement is with the word *primary* which to me implies setting up HiPointDem Oct 2012 #46
K&R woo me with science Oct 2012 #10
Hmmm. Usually the big capitalists will use the threat of fascism.......... socialist_n_TN Oct 2012 #11
It is exactly that tama Oct 2012 #25
The Greek equivalent of Bastille Day? ananda Oct 2012 #26
I'd say storming the military headquarters gets fairly close to that. bemildred Oct 2012 #28
Look to Iceland. nt woo me with science Oct 2012 #33
Iceland is not a complete bed of roses dipsydoodle Oct 2012 #36
There is no complete bed of roses tama Oct 2012 #38
They are the only country that is rebounding. The damage done was immense, no one expected sabrina 1 Oct 2012 #44
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