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rdking647

(5,113 posts)

46. russia doesnt have any money to loan

Reply to roamer65 (Reply #44)

Sun Jan 25, 2015, 08:16 PM

Jan 2015

i doubt china will loan then anything either

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Leftist Anti austerity party wins big in Greece [View all] Ichingcarpenter Jan 2015 OP

I hope this 'radical left wing' party can turn things around. louis-t Jan 2015 #1

IMO what happens is that the alternatives don't show themselves to be................ socialist_n_TN Jan 2015 #2

As long as Greece is on the Euro, austerity is a given. FLPanhandle Jan 2015 #3

The kind of debt Greece is on the hook for....... socialist_n_TN Jan 2015 #6

How are they going to pay for it? FLPanhandle Jan 2015 #8

How about not paying for it at all? MrMickeysMom Jan 2015 #11

Ditto! n/t 2naSalit Jan 2015 #16

That's the default option FLPanhandle Jan 2015 #20

"So, basically, you are recommending the most draconian / austerity option available to them�" MrMickeysMom Jan 2015 #24

Because Iceland wasn't on the Euro FLPanhandle Jan 2015 #26

They perhaps could make the case against predatory lending that has been through the courts... MrMickeysMom Jan 2015 #29

Greece, economically, just doesn't fit the EU FLPanhandle Jan 2015 #31

Actually, FLP, that's not true... MrMickeysMom Jan 2015 #61

which is probably why some in the party are talking about getting off the euro ND-Dem Jan 2015 #37

That'll be painful and require austerity measures too. FLPanhandle Jan 2015 #41

Then why wasn't it equally painful for iceland? You seem to want to have it both ways. ND-Dem Jan 2015 #49

Completely separate issue. Greece has massive sovereign debt; Iceland did not whatthehey Jan 2015 #71

Japan's sovereign debt is about 230% of the GNP, but they're doing reasonably well. They don't ND-Dem Jan 2015 #73

And Japan is not seriously suggesting defaulting on that debt like Syriza is whatthehey Jan 2015 #80

and you have special pleading for everything. it's all a special case to you; greece's debt is the ND-Dem Jan 2015 #85

Japan has control of their own monetary policy FLPanhandle Jan 2015 #90

Japan's government also owns the debt mostly to Japanese people or corporations muriel_volestrangler Jan 2015 #91

but that's not what the poster said, is it? ND-Dem Jan 2015 #92

That's what the word 'also' means muriel_volestrangler Jan 2015 #93

yours is the only point that's actually salient. the rest is special pleading. greece's problem is ND-Dem Jan 2015 #94

You mean no loan sharks will allow themselves to con the people out of their money. grahamhgreen Jan 2015 #69

They will raise taxes considerably on the very wealthy Bandit Jan 2015 #89

Iceland never defaulted on any government debts muriel_volestrangler Jan 2015 #60

ditto again. magical thyme Jan 2015 #66

Expropriate the productive and financial assets of the top 1% and place them in the service KingCharlemagne Jan 2015 #52

Why yes, that would do it!.......... socialist_n_TN Jan 2015 #64

A bandaid at best Amishman Jan 2015 #82

Look, I'll just come out and say it: fuck the bourgeoisie and their KingCharlemagne Jan 2015 #96

They shouldn't pay it, they should start rounding up the thieves who profited from these policies, sabrina 1 Jan 2015 #87

Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash FrodosPet Jan 2015 #95

Yes, I remember it well. A little known Whistle Blowing website at the time, Wikileaks, was the sabrina 1 Jan 2015 #98

Brava! Is society to organize itself to serve the interests of the bourgeoisie and the bankers or KingCharlemagne Jan 2015 #97

that's the second option, default, which still means austerity, since they won't be able geek tragedy Jan 2015 #10

Not exactly MFrohike Jan 2015 #54

I don't think we disagree. They have no good options. geek tragedy Jan 2015 #55

Mostly MFrohike Jan 2015 #56

Yes, that is what Tsipras stressed in one of his later speeches. polly7 Jan 2015 #15

Great link Ichingcarpenter Jan 2015 #17

Yvw, and I agree with you about the IMF .. and the accolades for a mysoginist, brutal *. nt. polly7 Jan 2015 #18

well, a lot of countries don't even have a Syirza--or, more fatally, pretend they have one MisterP Jan 2015 #9

If Syriza wins an outright majority I just hope that they haven't been infiltrated by corporatists.. stillwaiting Jan 2015 #19

Syriza did have to go into coalition with a far right party FrodosPet Jan 2015 #99

One word: ICELAND BrotherIvan Jan 2015 #4

I don't think Iceland was ever on the Euro FLPanhandle Jan 2015 #5

That's what Greece wants to get back to... MrMickeysMom Jan 2015 #13

It'll be painful in the short term but probably better for them in the long term. FLPanhandle Jan 2015 #21

I do too. mountain grammy Jan 2015 #7

One word for what? whatthehey Jan 2015 #74

Lots of people are in for a rude awakening when they find geek tragedy Jan 2015 #12

For years, Greece did or could not collect taxes from their wealthy elites or much of other populate kelliekat44 Jan 2015 #32

"Austerity" has been the goal since Reagan, imo deutsey Jan 2015 #40

or maybe someone will invade them; it seems to be the thing these days ND-Dem Jan 2015 #38

Who's going to invade, ISIS? Turkey? Russia? nt geek tragedy Jan 2015 #42

The ones who like to invade so much. The ones doing most of the invading going round. ND-Dem Jan 2015 #57

So, either ISIS or Russia. nt geek tragedy Jan 2015 #58

No, I don't think they win the invasion sweepstakes. ND-Dem Jan 2015 #68

Technically, either the Roman Empire or Alexander the Great geek tragedy Jan 2015 #75

Biggest invader post WW2 = US ND-Dem Jan 2015 #77

No sane person believes the US is going to geek tragedy Jan 2015 #78

Depends on what you mean by invade. Read up on the period of the generals. ND-Dem Jan 2015 #83

Invade as a pretty specific meaning. geek tragedy Jan 2015 #86

Oh hell yes. A little shock and awe JEB Jan 2015 #67

It's a con. They lend money they know can't be paid back so they can control the country. People are grahamhgreen Jan 2015 #70

This is good news.... so long as they have a practical plan. Adrahil Jan 2015 #14

Really great news malaise Jan 2015 #22

Time to post this again.... Spitfire of ATJ Jan 2015 #23

+1 Enthusiast Jan 2015 #36

Great now maybe they can do what Iceland did, arrest all their crooked bankers and politicians who sabrina 1 Jan 2015 #25

Good. That's one of the payoffs of a parliamentary system that we lack. Tierra_y_Libertad Jan 2015 #27

Goldman Sachs and all their henchmen that RUINED the Greek economy are not going to be happy. Time sabrina 1 Jan 2015 #28

Just how many countries has Goldman Sachs ruined, anyway? polly7 Jan 2015 #30

Several of the 'leaders' who were more or less installed, in fact I think one was actually installed sabrina 1 Jan 2015 #48

Thank you! polly7 Jan 2015 #51

Tsipras just said it well malaise Jan 2015 #35

Very happy to hear this. n/t deutsey Jan 2015 #33

I remember Raw Story once published story about fear of TRoN33 Jan 2015 #34

greece is fucked no matter what they do rdking647 Jan 2015 #39

German wealth is as corrupt as Greek wealth, Germany just doesn't know it. hunter Jan 2015 #43

China and Russia will loan them money. They will leave the Eurozone to get it. roamer65 Jan 2015 #44

russia doesnt have any money to loan rdking647 Jan 2015 #46

Russia is in bed with the Chinese through SCO. roamer65 Jan 2015 #47

I guess if they want to stop exporting goods to the geek tragedy Jan 2015 #76

Good news. I wish them success. It's a tough road lovemydog Jan 2015 #45

K&R nt Zorra Jan 2015 #50

Sounds good.. and good luck them in Greece! Cha Jan 2015 #53

A victory for the people! We are facing a global income inequality crisis. This problem is not just liberal_at_heart Jan 2015 #59

K&R. Yes please! Overseas Jan 2015 #62

Does this mean we're going to invade Greece now? nt valerief Jan 2015 #63

"Our" intelligence agencies will probably have more work to do there now that's for sure. nt stillwaiting Jan 2015 #79

Germany got loan forgiveness of 90% of their world war II loans RunInCircles Jan 2015 #65

DOW drops a mere 10 points grahamhgreen Jan 2015 #72

hi cephasjimes7 Jan 2015 #81

Opaa! KamaAina Jan 2015 #84

They should do it the American Way and bail out the banks and corporations, not the people. Tierra_y_Libertad Jan 2015 #88

No government in Greece ever had the interests of the working man as the priority. Now there is. Fred Sanders Jan 2015 #100