Riots in Greece

Reba

Reba

Retired Terp
Premium Member
Joined
Jun 8, 2004
Messages
54,903
Reaction score
1,518
I'm surprised there have been no threads started about the riots and financial collapse in Greece. This could have huge impact on all of Europe, and eventually the USA.

Did I overlook the threads?

If so, MODs please merge this one.
 
This is exactly where the U.S. is going if the out of control spending isn't stopped and reigned in.
 
Reba said:
I'm surprised there have been no threads started about the riots and financial collapse in Greece. This could have huge impact on all of Europe, and eventually the USA.

Did I overlook the threads?

If so, MODs please merge this one.
Click to expand...

I was aware of it but sad to say - I didn't care :(

I dunno why but I didn't really care. we have our own problem and they have theirs. Since Greece is a member of EU - EU will take care of it but it was said that the unaffected are the wealthy.
 
Jiro said:
I was aware of it but sad to say - I didn't care :(

I dunno why but I didn't really care. we have our own problem and they have theirs. Since Greece is a member of EU - EU will take care of it but it was said that the unaffected are the wealthy.
Click to expand...
I guess you haven't seen what's happened on Wall Street today?
 
Reba said:
I guess you haven't seen what's happened on Wall Street today?
Click to expand...

not a big concern. it always drop low on either Thurs or Fri. it did same last week. and 2 weeks ago.
 
The economy in Spain is getting worsen in a fast rate as their unemployment rate is around 20 percent. It seems to hit almost every country in Europe hard like a domino effect.
 
Royale said:
The economy in Spain is getting worsen in a fast rate as their unemployment rate is around 20 percent. It seems to hit almost every country in Europe hard like a domino effect.
Click to expand...
And it will affect the rest of the world as well.
 
Yea, the Greek govt wants to cut wages and raise taxes so people are rioting against it but the govt justification is to prevent Greece from going bankrupt. If Greece goes bankrupt, it will effect other European countries causing a chain reaction but I do understand how their citizens feel. It seems like a no-win situation.
 
shel90 said:
Yea, the Greek govt wants to cut wages and raise taxes so people are rioting against it but the govt justification is to prevent Greece from going bankrupt. If Greece goes bankrupt, it will effect other European countries causing a chain reaction but I do understand how their citizens feel. It seems like a no-win situation.
Click to expand...

I was thinking the same thing when i read about the riots.
 
shel90 said:
Yea, the Greek govt wants to cut wages and raise taxes so people are rioting against it but the govt justification is to prevent Greece from going bankrupt. If Greece goes bankrupt, it will effect other European countries causing a chain reaction but I do understand how their citizens feel. It seems like a no-win situation.
Click to expand...

Agreed.
 
Reba said:
So you are OK with the USA sending them our money?
Click to expand...

Uh oh, it's the TARP, Stimulus Package, and companies bailouts all over again that didn't work. And now, we have to bail them out? Our tax dollars? Why? We don't even have the friggin money in the first place.
 
Without TARP or bailout, US will be collapsing country and becomes worst Great Depression.

For me, if banks and domestic auto industries fail so I would prefer to nationalization of them instead of bail out.
 
Jiro said:
happens everywhere....
Click to expand...
It will be coming here.

I'm surprised more ADers aren't interested in world affairs. I thought the complaint was always that Americans didn't pay attention to what was going on in the rest of the world.

Maybe it's true. :dunno:
 
Back
Top