Posted on 01/04/2015 12:15:44 PM PST by Kaslin
it’s kinda like if detroit left the usa.
Great Britain may want to consider it next, although it would present many risks, and Frau Merkel will not be tickled.
The only way out is for those foolish to have lent Greece the money to eat their losses. Greece will have to then have budgets that are balanced budgets entrenched in law.
Britain could join NAFTA.
No worry’s...
Obama will just print some more Obama bucks backed by nothing, give it the Democrat-connected and donating bankers/bilionaires, and all will be well in the world.
Of course, YOU could very well be standing in line to buy bread at $200 a loaf, but the people that really matter will still have plenty of champagne and Wagyu beef for the yacht.
After Obama leaves, they may as well. Chances are good that we get a better president next time, from either party.
lol!
“The only way out is for those foolish to have lent Greece the money to eat their losses.”
Now, unfortunately, most of those “Losses” (with the profits booked, and bonuses paid on, long ago), will be eaten by YOU and ME, the AMERICAN taxpayer, because the primary holders are Citi, Goldman, and the IMF, while a myriad of US banks and Dem-connected billionaires hold the derivative papers for it all.
And, they are just too big to fail, doncha know.
Well, 1. Great Britain is the island on which you have Scotland, England and Wales -- I presume you mean the United Kingdom which consists of Scotland, England and Wales as well as Northern Ireland (which is not on Great Britain) but doesn't include the Isle of Man or the Channel Islands
2. The UK is not part of the Eurozone, unlike Greece which is part of the Eurozone
“200 dollars a loaf”
Could be, according to the bible...
A days wages for a loaf a bread-
(which may or may not be $200 bucks)
England isn’t part of the Euro.
Thank you for clarifying that. I was under the impression that the EU exerted some authority over England, but I guess that’s just not the case.
>>Chances are good that we get a better president next time, from either party.<<
Pretty low bar there...
Plenty of people already live by this formula. They earn nothing, and they get their bread for free.
The article is about Greece's exiting the Euro-zone -- not leaving the EU. The UK never joined the Euro.
Let them go! They were just a drain on countries that amounted to something.
Britain just has to work to convert the Commonwealth of Nations into a trading bloc. The Commonwealth comprises most of the former Empire (53 nations, 2.4 billion people). The Empire was essentially a trading bloc — albeit based on mercantalist theory, and heavily favouring Britain. A modern “Commonwealth Free Trade Agreement” (CFTA) would benefit every member nation. If Britain hadn’t gotten sidelined with the EU, there’s a good chance we’d have CFTA now. The EU prevents Britain from negotiating for a CFTA — but, that could soon change (possible British referendum on EU membership in 2017).
There are two kinds of leaders in the world — those whose highest priority is the welfare of their people, and those whose highest priority is the welfare of the world’s bankers.
Greece is a small country of only 11 million people. Other countries with significantly larger populations — Argentina, for example, with a population of 41 million — have defaulted on loans, with no catastrophic, end-of-the-world consequences such as the hysterical Chicken Littles are now predicting if Greece should exit the euro and then fail to repay its loans at full value.
What is the reasonable thing for the descendants of Socrates to do in their current situation? Vote for a leader who will continue to help Goldman Sachs and Citigroup make more money, or one who will liberate them from their slavery to the world’s banking elites and let them rebuild their country, with their own currency, on their own principles, of, by, and for, the Greek people?
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