Does this scare you?

old.Tohtori

FH is my second home
Joined
Jan 23, 2004
Messages
45,210
Nothing marketplace related scares me outside amnesia discounts.

Otheriwse; still need money to make the money.
 

rynnor

Rockhound
Moderator
Joined
Dec 26, 2003
Messages
9,353
No - why be scared of the inevitable? The people who are really scared of this are the europhiles who wish to hold together disparate countries no matter what the cost.

In the end it will collapse - the greeks couldnt even repay half their defecit and half a default is not much better than a default - everything will still be subject to contagion - the euro is dead its just still twitching a bit.
 

Lamp

Gold Star Holder!!
Joined
Jan 16, 2005
Messages
23,002
THIS is more alarming

Big Brother Watch | Freeing the individual, shrinking the state | Fighting intrusions on privacy and protecting liberties

Under the Community Safety Accreditation Scheme, anyone can apply for accreditation (which means a few hours training), receive a uniform (there will be hundreds of variants depending on which ward they operate in), a badge (measuring 3 cm square), and ID...and then DEMAND your name and address, take your photo, and then FINE you for dropping litter.

Can you imagine the abuse this is going to get? It will be open day for criminals. And what if you give a false name & say you've got no money? Bloody stupid.
 

Job

The Carl Pilkington of Freddyshouse
Joined
Dec 22, 2003
Messages
21,652
Well a lot of 'experts' have come out to put their spin on it, and most of them sort of agree with him to be honest, in a 'glad he said it, not me' sort of way.

Except maybe the loss of confidence in the Euro, which would have crashed by now if they felt that way, but it could happen tomorrow, dodgy times indeed.

<Joins Militia in the hills>
 

pez

Can't get enough of FH
Joined
Dec 22, 2003
Messages
1,076
No - why be scared of the inevitable? The people who are really scared of this are the europhiles who wish to hold together disparate countries no matter what the cost.

In the end it will collapse - the greeks couldnt even repay half their defecit and half a default is not much better than a default - everything will still be subject to contagion - the euro is dead its just still twitching a bit.

A careful, structured default by the Greeks is by far the best option. It wont even be that bad. Greece is a tiny minnow and if the EU can show it can resolve this thing it should hopefully stave off Italy falling in to the same trap. Assuming Berlusconi doesn't say something else retarded.

Sure the private sector will take some pain but... so what, its about time investors hurt, right?
 

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