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To: Steelfish
The end will come when Germany finally get tired of being Europe's sugar daddy and cuts off the credit line. I have a feeling that time is very soon. The counties like Greece will discover that the only thing worse than planned Austerity, is forced Austerity when all the welfare checks start bouncing because the treasury is empty.
3 posted on 05/11/2012 1:20:21 PM PDT by apillar
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To: apillar

In that scenario the Greeks could pull an Iran. Start building a bomb and demand endless bailouts in exchange for stopping the work.


4 posted on 05/11/2012 1:22:48 PM PDT by Buckeye McFrog
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To: apillar

“The count[r]ies like Greece will discover that the only thing worse than planned Austerity, is forced Austerity when all the welfare checks start bouncing because the treasury is empty.”

Stay out of Detroit.


5 posted on 05/11/2012 1:27:16 PM PDT by patton (DateDiff)
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To: apillar

The Soviet Union fell when they couldn’t print paychecks any more.


8 posted on 05/11/2012 1:43:10 PM PDT by ctdonath2 (Cloud storage? Dropbox rocks! Sign up at http://db.tt/nQqWGd3 for 2GB free (and I get more too).)
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To: apillar

We’re going to be facing the same thing here.

There’s going to be planned austerity, reneging on public sector pensions, or there’s going to be a total economic collapse.

The unions won’t allow the former to happen.


12 posted on 05/11/2012 1:53:41 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: apillar
The counties like Greece will discover that the only thing worse than planned Austerity, is forced Austerity when all the welfare checks start bouncing because the treasury is empty.

And then the fun really begins.

14 posted on 05/11/2012 2:11:10 PM PDT by Noumenon (If people saw socialists for what they truly are, slaughter would ensue - in self-defense.)
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