Vampire squads?
Thing is all the elected (and I use the word cautiously as very few vote in EU elections) representatives regardless of country are the same, failed politicians or thick fuckers their respective parties want to get rid of. The bottom of the barrel of incompetents, hard enough to do considering politics in general is where the muppets end up, the equivalent of HR in business. I am firmly of the belief that senior politicians should be paid the equivalent of CEOs which would attract those that have the ability to actually manage something.
mate what happened in the summer of 2011 hat was so bad?
Why would you not use prostitution in a GDP calculation? Why is it any different to any other form of commerce? The UK include it along with recreational drug consumption. Why not, if drugs and whores are what people want to spend their money on that’s their business.
The salient point regarding Greece is that up to 2008 they were doing as well as anyone skiing off the EU. Look at Ireland, farmers paid to not milk cows, not grow crops, etc. Roads built between towns that already had roads, now you have the choice of roads with hardly any traffic on either. The only caveat being new megamillion roads to nowhere must avoid prior fairy villages. We have some neck criticizing the Greeks.
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China’s stock market is going down the toilet. Hello global financial crisis.
As long as Australia is the first to suffer, I’ll be happy enough.
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Last time stocks had a significant correction. The slide was finally stopped at -18% by the Fed promising more QE. The stock market is the only thing keeping the house of cards up which is why central banks will do anything to keep it standing.
That’s the issue most dumb pundits don’t realize. It’s not Greece, it’s China stupid. Chinese wealth is disappearing down a sinkhole as it’s all the foreign investors that have fled. Bad news for those selling luxury products. China has been the growth engine for the global economy for years when that ends the party is over.
odd that you only mentioned china after sid did
I’ve been talking about the Chinese stock market crash for a while if you care to read the thread.
I’m fairly sure we use it in ours
That ain’t the point, the point is Greece were fucking around with their economic indicators for years that there was going to be a natural correction across the economy as the reality of this hit home. That’s not austerity’s fault.
Precisely. They fudged the figures to gain entry. Cunts lied from the off. They’re ruining our Utopia.
Everyone knew this, the EU knew this, the eurogroup knew this, they were shepherded in anyway, what’s your point you dumb fuck?
The Greeks are going to end up taking the same deal they rejected in the referendum the way things are going.
Noonan the prick is on pat Kenny now giving it big licks.
To the victor, the spoils. We’re winners.
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The point is people are going on about a 25% drop in GDP solely because of austerity. That is not true. There was always going to be a huge correction in the overall economy once the Greeks started to actually use economic indicators properly
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