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Subject: »PIIGS - economics problems
why, is it your debt or not
not mine!
anyway, think what you want.. I don't want to start again this question!
not mine!
anyway, think what you want.. I don't want to start again this question!
how is it not yours? do u use public services? roads? justice system? national security services? public health? education?
(edited)
(edited)
or luxury pension system..it is not his... yes, now not...
very primitive thinking....
very primitive thinking....
just let me put all economics simply.... we have crisis because people are idiots. thats simple.
you get what you pay. thats the law, and it will always be there.... so imagine government has a bowl of money collected from people which it the distributes for public services according to countries needs. there wouldnt be a problem if people were not idiots and would understand - you get what you pay. But as always they demand more than they paid in, so government has 2 options, borrow (this is where debt comes in), raise taxes, or decrease public service quality.
in the extreme examples we have Greece, where they have already spent way more than they paid in, they still want more and because there is noone to borrow from (since people finally realised they are never getting paid back they go) they go strike on streets as they are not getting to what they are used to, even though they never paid for it themselves in the first place.... And thats simply because people are idiots.
I know there are hard working greek people, but the majority is not. I have few greek friends who study over here in UK and they all admit that most of the greeks are proper lazy asses and dont do a shit... Same with spain...
For some reason I find it interesting that its southern countries which experience such problems, and I think its thefact that they have more sun and warm weather, it makes you lazy.
you get what you pay. thats the law, and it will always be there.... so imagine government has a bowl of money collected from people which it the distributes for public services according to countries needs. there wouldnt be a problem if people were not idiots and would understand - you get what you pay. But as always they demand more than they paid in, so government has 2 options, borrow (this is where debt comes in), raise taxes, or decrease public service quality.
in the extreme examples we have Greece, where they have already spent way more than they paid in, they still want more and because there is noone to borrow from (since people finally realised they are never getting paid back they go) they go strike on streets as they are not getting to what they are used to, even though they never paid for it themselves in the first place.... And thats simply because people are idiots.
I know there are hard working greek people, but the majority is not. I have few greek friends who study over here in UK and they all admit that most of the greeks are proper lazy asses and dont do a shit... Same with spain...
For some reason I find it interesting that its southern countries which experience such problems, and I think its thefact that they have more sun and warm weather, it makes you lazy.
it is about that they all think that system what they have is standard...but not, it is not standard...and of course nobody want worse system to be applied... so I understand...
how is it not yours? do u use public services? roads? justice system? national security services? public health? education?
but our debt was not used for this..
anyway, very stupid thinking any debt must be paid even if it kills you!
but our debt was not used for this..
anyway, very stupid thinking any debt must be paid even if it kills you!
For some reason I find it interesting that its southern countries which experience such problems, and I think its thefact that they have more sun and warm weather, it makes you lazy.
LOL,
what a racist speech!
LOL,
what a racist speech!
and we should change name of this topic :-) for greece and italy or just simple PIIGS - economic problems
this is how your "nicely"-built economy system works. you take loans to function.
again...?
just stop answering to people (like me) that say to payback public debt is wrong.
I don't care what you find right or wrong!
I think it is of very poor interest to know your ethical evalutations in macroeconomics...
You think so, great!
I see it differently!
who forced you to take that debt ? Al quedda, or who ?
study history before talking about things you don't know!
then study the built of european economy before and post WW2..
you'll have your answers!
just stop answering to people (like me) that say to payback public debt is wrong.
I don't care what you find right or wrong!
I think it is of very poor interest to know your ethical evalutations in macroeconomics...
You think so, great!
I see it differently!
who forced you to take that debt ? Al quedda, or who ?
study history before talking about things you don't know!
then study the built of european economy before and post WW2..
you'll have your answers!
no it is not cos some "system". People dont want have real life condition, they will always vote for that people and parties who are able make their system for life better (no matter, that it will crash in the future).
So just people themselves are guilty and maybe stupid system called democracy, because people (generally) are stupid sheep.
So just people themselves are guilty and maybe stupid system called democracy, because people (generally) are stupid sheep.
sorry, but I am doctor of economy, PhD so I think I have some "basic knowledge" about how it works :-), but problem is not in system, but in people.
I, personally, dont live with debt !! But my live is not so nice and full of luxuries as life of my friends who live on debt.
But I will never cry for them, if they lose job and bank will take thier home, it is just their mistake ! And this is valid aslo for all economics world. You dont need use debt for life (or extremely huge debt), but life is much easier with using huge debt.
I, personally, dont live with debt !! But my live is not so nice and full of luxuries as life of my friends who live on debt.
But I will never cry for them, if they lose job and bank will take thier home, it is just their mistake ! And this is valid aslo for all economics world. You dont need use debt for life (or extremely huge debt), but life is much easier with using huge debt.
the personal debt is a choice the state debt its not...
Its not forbidden to bankrupt a state!
whats the problem for bankrupting Italy or any state?
There is legislation that applies in this case
Lenders abused investment option and will lose their money while borrowers will have their own effects
Things are simple
Its not forbidden to bankrupt a state!
whats the problem for bankrupting Italy or any state?
There is legislation that applies in this case
Lenders abused investment option and will lose their money while borrowers will have their own effects
Things are simple