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Greece votes OXI/No on more Austerity measures

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wsippel

Banned
As in guarantee permanency? This would come as a surprise to me, if the case.
It's a thing, but it's usually limited. In Germany, it's limited to actual officials, not all employees of the state - which is why more and more public servants are only employees these days. Employees can be laid off, officials can't.
 
Problem is, "that friend that's always broke but wearing the hottest Jordan's" is actually part of your family not some stranger on the street. The German and the French want a Unified Europe and as an European, I happen to agree with that. So they bailed out Greece, the problem child, because of the higher agenda and because they are looking into the future hopping the Greeks will look up to that too (unfortunately not just yet, as they do not take responsibility for their own mistakes, and I'm not only talking about the last government of course).

My take on this is that (and this may sound scandalous to some of you) when you have access to easy money, the socialist-marxist ideas take root and this amplifies the problems of living "beyond your means".

Your take being someone who has never read any Karl Marx.

Socialism under Karl Marx is essentially the end of capitalism, a period when the worker takes back the means of production and shares the gains equally, socialism is maintained as a mode of production where things are produced based on their use-value rather than their surplus-value.
 

Theonik

Member
It's a thing, but it's usually limited. In Germany, it's limited to actual officials, not all employees of the state - which is why more and more public servants are only employees these days. Employees can be laid off, officials can't.
This is not entirely true. Teachers for instance still enjoy permanent positions in Germany. In some cases services have been spun from government services into government held companies.
Employees there are consider normal workers.
 

wsippel

Banned
This is not entirely true. Teachers for instance still enjoy permanent positions in Germany. In some cases services have been spun from government services into government held companies.
Employees there are consider normal workers.
Some teachers are officials, some teachers are not. The ones that are not can be laid off.
 

oti

Banned
M°°nblade;171377021 said:
And how much of those reasons are still legitimate?
The Aegean dispute for example dates from 1996. There was an agreement almost 20 years ago.
Both Turkey and Greece are EU members now. The EU won't tolerate breaches or internal aggressors anno 2015.

Isn't there, by propaganda, artificially created paranoia among the Greeks to ensure defensive budgets?

Those sneaky Turks. First they take Constantinople and now they become an EU member without anyone noticing.
 

Theonik

Member
Those sneaky Turks. First they take Constantinople and now they become an EU member without anyone noticing.
Well...
turkish-coins-350x250.jpg
 
M°°nblade;171377021 said:
And how much of those reasons are still legitimate?
The Aegean dispute for example dates from 1996. There was an agreement almost 20 years ago.
Both Turkey and Greece are EU members now. The EU won't tolerate breaches or internal aggressors anno 2015.

Isn't there, by propaganda, artificially created paranoia among the Greeks to ensure defensive budgets?

Does that seem like artificially created paranoia?
http://www.neogaf.com/forum/showpost.php?p=171298463&postcount=1880

More than that, two elephants in the room:
- Huge oil reserves in the Aegean Sea could be another cause for tension for in the following years
- Greece's geography is totally different than Belgium. Larger geographically, has hundreds of islands besides its' mainland, is located at the southeast border of Europe (almost all illegal immigration goes through here), and is not neighbouring with Holland, Germany and France, but the Balcans and Turkey.
 
In the beginning of February, [Dutch finance minister and Eurogroup president Jeroen] Dijsselbloem told Varoufakis "You either sign the memorandum that the others have signed too, or your economy is going to collapse”. How? “We are going to collapse your banks". He had said that. In his last interview to ERT, the national [Greek public] TV [channel], two days ago, Varoufakis said: "I didn't denounce that then, because I was hoping that reason would prevail in the negotiations with all of the Eurogroup". So he went on with the numerous agreements. And credibility as well as money was lost.
http://www.mediapart.fr/en/journal/...ive-months-humiliation-and-blackm?onglet=full

but I thought we were all friends!
 

Theonik

Member
But you can not do this with masticha gum from the island of Chios. Those trees grow only there!
They also grow in the shores of Turkey on the opposite side. They are largely unexploited though, but there were plans to develop their production.

Greece does still have Saffron.
 
A

A More Normal Bird

Unconfirmed Member
You are being selective on both Eurozone and non-Eurozone countries. I'm giving you examples of Eurozone countries that managed to level their interest rate spikes.

We also saw multiple Eurozone nations with heavy debt not experience debt crisis and we saw non-Eurozone nations experience them. Like there is something else at play besides them just being in the Eurozone or not like general confidence in the specific country, the reactions of their politicians, ...
I think you may have misread my posts at some point. Bear in mind my initial post was a response to the simplistic notion (presented by another poster, not yourself) that these Eurozone debt crises have arisen solely from nations "living beyond their means". You saying that Eurozone nations with higher debt levels didn't experience crises only supports that, in the same way that my examples of Ireland and Spain do from the other side. To clarify: it has never been my contention that these crises are unique to the EMU or that the EMU is the sole cause of them.

My point is that the design of the EMU - e.g. the lack of a tailored interest rate, the increased competition for Euro bond issuers compared to the monopolistic position of a government with its own currency and the politicking/bureau-crating we've seen since the crisis regarding the role of the ECB - makes its members more susceptible to sovereign debt crises than they would be if they had a monetary system typical of modern developed nations outside the Eurozone: a floating value non-convertible fiat currency monopolised by the consolidated government sector (government + central bank) of a single nation. If you can name a nation with such a monetary system that experienced a sovereign debt crisis or default in the wake of the GFC I'd be interested to study it.
 

CTLance

Member
As in guarantee permanency? This would come as a surprise to me, if the case.
Here in Germany, we have "Beamte", formerly the backbone of the governmental workforce (aka public servants). They take a pay cut compared to similar positions in the private sector in exchange for a host of benefits including better than average pensions, performance-decoupled/timed advancements and being virtually immune to pink slips. They also can't rat out the government for doing illegal shit unless it's their declared role and there is a specific law in place enabling them to do so, cannot go on strike and some other impactful limitations - so it's not without drawbacks. However, unless you criminally fuck up you are guaranteed to stay employed at your current wage level and get your guaranteed wage increases and rank advancements as per your wage tier, firmly determined by your education level upon entering the workforce. They can still be pseudo-fired by repeatedly reassigning them across Germany until they despair and resign, but that's not a guaranteed success.

They've become an endangered species ever since someone looked at the pension fund predictions and shat their pants in terror. There are now official and inofficial policies in place to weed out as many of those high pension positions and replace as many of them as possible with a regular hired workforce.

But yeah, Germany still has a sizeable governmental workforce that is basically immune to getting fired.
 
Does that seem like artificially created paranoia?
http://www.neogaf.com/forum/showpost.php?p=171298463&postcount=1880

More than that, two elephants in the room:
- Huge oil reserves in the Aegean Sea could be another cause for tension for in the following years
- Greece's geography is totally different than Belgium. Larger geographically, has hundreds of islands besides its' mainland, is located at the southeast border of Europe (almost all illegal immigration goes through here), and is not neighbouring with Holland, Germany and France, but the Balcans and Turkey.
That wasn't much of an advantage in 1914 and 1940 though, but I get your point :)
Even for a country like Belgium, there's a lot of protest against defensive cuts. The argument is usually the agreed efforts and participation in NAVO operations.

Most of western Europe countries are unaware of the situations in South Europe. And even when they're aware, they usually don't give a fuck or are too slow to act. Also see Yugoslav Wars ...
At this moment there's still no agreement on de immigration problem and news about albanian citizen problems in Macedonia is sparse.
 
M°°nblade;171385835 said:
That wasn't much of an advantage in 1914 and 1940 though, but I get your point :)
Even for a country like Belgium, there's a lot of protest against defensive cuts. The argument is usually the agreed efforts and participation in NAVO operations.

Most of western Europe countries are unaware of the situations in South Europe. And even when they're aware, they usually don't give a fuck or are too slow to act. Also see Yugoslav Wars ...

Not "or", mate. "And".
 

Theonik

Member
M°°nblade;171385835 said:
That wasn't much of an advantage in 1914 and 1940 though, but I get your point :)
Even for a country like Belgium, there's a lot of protest against defensive cuts. The argument is usually the agreed efforts and participation in NAVO operations.

Most of western Europe countries are unaware of the situations in South Europe. And even when they're aware, they usually don't give a fuck or are too slow to act. Also see Yugoslav Wars ...
At this moment there's still no agreement on de immigration problem and news about albanian citizen problems in Macedonia is sparse.
It's funny you mention the Yugoslavia wars considering they happened right next to Greece.
Greece is also one of three European nations complying with NATO budget recommendation, their allies have pushed every time budget reductions were considered.

Concerning immigration there is an estimated 2-3m illegal immigrants in Greece in a population of 11m. It is ridiculously expensive.

It shouldn't be surprising. The EU leadership are vermin. That has been the problem from the very start.
 

chadskin

Member

Theonik

Member
I can't even comprehend someone thinking that they'd have to warn Schauble not to be too generous with Greece.
Welcome to the REAL IMF. That's what we've been alluding to when people were interpreting the technical reports from the IMF as a sign of reason because what they think, what they do, and their end goals all go on entirely different directions.

They are also on BLAST to burn Greece to the ground by Brazil and their other international members. Making this clearly Eurozone problem into a wider EU problem and then into an international problem was a political error of biblical consequences.

Edit:
Konventionell jawohl ja gut gut.
Varoufakis was the hero Greece deserved, but not the one we needed right now.
 

KingSnake

The Birthday Skeleton
To be less generous than Schäuble would mean to send the German army to get the money back.

I don't believe this statement, even coming from FMI.
 

oti

Banned
Welcome to the REAL IMF. That's what we've been alluding to when people were interpreting the technical reports from the IMF as a sign of reason because what they think, what they do, and their end goals all go on entirely different directions.

They are also on BLAST to burn Greece to the ground by Brazil and their other international members. Making this clearly Eurozone problem into a wider EU problem and then into an international problem was a political error of biblical consequences.

Edit:

Varoufakis was the hero Greece deserved, but not the one we needed right now.

So IMF = Pandora's box?
 

Crosseyes

Banned
It doesnt come as too much a surprise to me. Greece keeps saying over and over that austerity measures will make things unacceptably harsh for their citizenry but it keeps getting proposed. Its a war waged with banks and accounts in lieu of soldiers and bombs.

If I were Greece I wouldnt think about cutting the military budget. You're weak enough financially as is.
 

Theonik

Member
To be less generous than Schäuble would mean to send the German army to get the money back.

I don't believe this statement, even coming from FMI.
Neither would surprise me. But you'd be right in that like Syriza is trying to pass part of the blame to the creditors, Schäuble is trying to pass part of his blame to a faceless institution like the IMF. In other words, it is quite convenient in this way.

Edit:
Wut.

When did Brazil show a hateboner for Greece?
Brazil and other international members of the IMF were complaining about Greece getting a relatively lenient treatment under the IMF bailouts.
These were backed by accusations of first world/European favouritism.
 

ElTorro

I wanted to dominate the living room. Then I took an ESRAM in the knee.
Taking into account that this is a rather one-sided recounting of events, it's still a pretty eye-opening narrative!

That suspicion is not unwarranted.

The other countries in such a set-up had to think [German finance minister Wolfgang] Schäuble is the king, he controls the others, he can raise his voice and say “no". Varoufakis has described incidents that show really how the Eurozone is completely undemocratic, an almost neo-fascist euro dictatorship. You cannot rely on what the others are saying. Varoufakis says that if he could negotiate with one at a time for an hour, the deal would be struck in a day. But you can't do that because each one has different priorities and different people telling him “no”.

Right...
 

KingSnake

The Birthday Skeleton
http://www.bbc.com/news/live/world-europe-33459366

German Finance Minister Wolfgang Schaeuble has admitted that the IMF is correct in saying Greece needs a haircut to cope with its debt - then poured cold water on the haircut.

He told a press conference in Frankfurt: "Debt sustainability is not feasible without a haircut and I think the IMF is correct in saying that."

But: "There cannot be a haircut because it would infringe the system of the European Union."

Schaeuble did say that in the absence of a haircut "reprofiling" of debt was a possibility, but leeway to do it was limited.

"I think the leeway we have ... is very low," he said, adding that he was 'sceptical' much could be done.

So "we know what can and should be done, but we will hide behind the rules we imposed onto this".
 

Theonik

Member
What exactly is the point of making all these Tweets anyway?
Reading that account potentially so people post them in these threads and people get mad. Twitter news are a plague.
Edit: Oh. He did in fact joke about swapping Greece for Puerto Rico.

Edit:
http://www.bbc.com/news/live/world-europe-33459366
So "we know what can and should be done, but we will hide behind the rules we imposed onto this".
The rules that might I add, they have been making up as they go along through these 5 years.
 

ElTorro

I wanted to dominate the living room. Then I took an ESRAM in the knee.
So "we know what can and should be done, but we will hide behind the rules we imposed unto this".

They knew that from the very beginning. They also knew that they wouldn't get most of their bailout money back. The only reasons they are hesitant to admit that and act accordingly are (a) the worry that other Eurozone states would demand the same treatment and (b) the fear of being grilled by voters at home.
 
Reading that account potentially so people post them in these threads and people get mad. Twitter news are a plague.

It really is. All I'm thinking is, couldn't you just not post all that shit?

Edit:

German Finance Minister Wolfgang Schaeuble has admitted that the IMF is correct in saying Greece needs a haircut to cope with its debt - then poured cold water on the haircut.

You should always wash your hair before a haircut.
 

KingSnake

The Birthday Skeleton
They knew that from the very beginning. They also knew that they wouldn't get most of their bailout money back. The only reasons they are hesitant to admit that and act accordingly are (a) the worry that other Eurozone states would demand the same treatment and (b) the fear of being grilled by voters at home.

I understand this. But if

Debt sustainability is not feasible without a haircut and I think the IMF is correct in saying that.

Why insist on a new deal with Greece? Let's assume Greece would accept the conditions imposed, why lend them money under these conditions? Wouldn't that mean that they would just throw away more money? Why were a lot of people upset yesterday in the meeting and shouting at Tsipras? Tsipras is saving them money at this point.
 

ElTorro

I wanted to dominate the living room. Then I took an ESRAM in the knee.
Why insist on a new deal with Greece? Let's assume Greece would accept the conditions imposed, why lend them money under these conditions? Wouldn't that mean that they would just throw away more money? Why were a lot of people upset yesterday in the meeting and shouting at Tsipras? Tsipras is saving them money at this point.

I think that they want to implement a de-facto debt relief through extensions of payback timeframes and reductions of interests over many years, so that nobody notices or cares anymore. Even the baltic states won't care about Greece's debt in ten or twenty years as much as they care right now. The voters won't, and they are the most important group of people here. The Eurozone likely wants to push the problem under the carpet and deal without once the public spotlight has gone away. I guess that part of the frustration with the Greek government comes from the fact that they are either not understanding or not accepting this unspoken but obvious agreement.

Another point is that politicians care about their legacy, and most of them, to varying degrees, do not want to be held responsible for reverting European integration. People like Martin Schulz have actually been very frank about that. He almost literally said that he would prefer any deal over a Grexit, just so that he is not responsible for kicking a state out of the Euro and desecrating the great European project. That explains why so many politicians were optimistic and happy when Greece submitted their first proposal weeks ago, even without reading it. They just assumed that in the end we would have some deal for political reasons. The actual facts of the deal don't matter to many of them.
 
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