[C19fan]

They are literally running out of other people's money.

[circlecity]

They aren’t worried. They are counting on Germany to pay them a couple hundred billion in reparations any day now.

[ClearCase_guy]

I swear, Greece has been in this position -- and holding -- for more than 5 years.

[kidd]

Next step will be to sell islands to Russia and/or China to be used as military bases.

Soon to be followed by Greece becoming a communist satellite. A very poor one.

[longtermmemmory]

look at the source and remember Greece is a pawn in an economic war.

England has ALWAYS wanted the eu to fail. They stayed out of the currency in order to be the dominant currency when things fell apart.

Germany has used the Deuche mark to become the backbone of the “euro currency”. IOW they achieved with paper what failed with bullets.

UK media has and does always report the EU is falling.

[grania]

Hmmmm....so Greece can play the EU for a few more months, fall further in the red, and at some point the German banks have to cut them off. Then, Greece declares bankruptcy and is debt free. Tourists come flocking in, no more forever debt to German banks (which only the elite profited from), and maybe a cruise line wants a 99 year lease for its own private island or two. They can stop the invasion from Africa and the Mideast that the EU encourages. They can strengthen their cultural and religious ties to the Orthodox faith.

Where's the downside?

[WayneS]

Wait a minute!

Do black holes even HAVE abysses?

[lurk]

They can’t be broke; they still have cheques.

[alloysteel]

Still out there riding in the wind, does Greece EVER have to come down and resume practical governance again? Conservative money management and fiscal responsibility seem to not be their strong point, but man, are they ever compassionate.

They are the closest thing there ever was to “making socialism work”.

[DugwayDuke]

“But since Syriza were elected in late January, tax revenues have collapsed and capital has fled the country’s banks”

Now, who could have possibly foretold that electing a socialistic government would cause capital to flee?

[arthurus]

Like every three or four months we get these headlines about being close to dissolution or economic death. Hasn’t happened yet. The Germans always figure out how to kep Greece tied to the system.

[aquila48]

” Eurozone creditors have insisted the government carries out further cuts to its wages and pensions, and raise cash through selling off its public assets.”

The creditors are want to squeeze blood out of a turnip - foggetaboutit!

[M Kehoe]

Watch Turkey invade Greece via Cypress. Erdogan has caliphate eyes.

Side note: why is TU not impeding ISIS?

I wish I had access to all INTEL like I did 35 yrs ago. Stuff is happening, and it looks REALLY BAD. Not just the ME, but all over the globe.

5.56mm