Pensacola Discussion Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.

This is a forum based out of Pensacola Florida.


You are not connected. Please login or register

One of Progressives Beloved Countries FLAMING OUT Greek Banks And Stock Exchange In Shutdown

5 posters

Go down  Message [Page 1 of 1]

Markle

Markle

Progressives salivate at all the wonderful benefits the government mandates employees received from employers and government. Sadly...for Progressives, Margaret Thatcher's wise words 'The trouble with socialism is that eventually you run out of other people's money'. Greece has run our of other people's money.


Greek Banks And Stock Exchange In Shutdown


Banks and the stock exchange will remain closed after Greek citizens queued all weekend to withdraw savings.
Banks in Greece and the country's stock exchange will be shut all week in a sign of the deepening financial crisis.

The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms.

Under the controls, there will be a daily €60 limit on withdrawals from cash machines, which will reopen on Tuesday.

The euro fell sharply against the dollar amid investor jitters of a Greek debt default and exit from the eurozone.

Speaking in a televised address, Prime Minister Alexis Tsipras urged calm and insisted bank deposits were safe.

http://news.sky.com/story/1509799/greek-banks-and-stock-exchange-in-shutdown

This is the dream of Progressives for our country.

Markle

Markle

The Progressives have no response for this world economic problem that puts a crimp in their desires.

boards of FL

boards of FL

Question for you, Markle: When the central bank sets higher interest rate targets, does that place upward or downward pressure on inflation?


_________________
I approve this message.

TEOTWAWKI

TEOTWAWKI

boards of FL wrote:Question for you, Markle:  When the central bank sets higher interest rate targets, does that place upward or downward pressure on inflation?

LOL JUST WHAT GATORFAN SAID YOU ALWAYS DO AND YOU DID IT AGAIN !!  LOL

Gatorfan says: LOL, that's pretty funny coming from an unqualified narcissist like yourself. You are not even close to being as tolerant or capable of expressing a cogent thought as you think. You tend to ask stupid questions in a childish effort to deflect from your inability to address issues. When that eventually fails I've noticed you start posting bullshit threads to drive your failed efforts down the line.

So predictable......

boards of FL

boards of FL

TEOTWAWKI wrote:
boards of FL wrote:Question for you, Markle:  When the central bank sets higher interest rate targets, does that place upward or downward pressure on inflation?

LOL JUST WHAT GATORFAN SAID YOU ALWAYS DO AND YOU DID IT AGAIN !!  LOL

Gatorfan says: LOL, that's pretty funny coming from an unqualified narcissist like yourself. You are not even close to being as tolerant or capable of expressing a cogent thought as you think. You tend to ask stupid questions in a childish effort to deflect from your inability to address issues. When that eventually fails I've noticed you start posting bullshit threads to drive your failed efforts down the line.

So predictable......


I'm definitely poking Markle here though this isn't really what gatorfan was referring to. I'm not creating placeholder threads for the purpose of burying something that I'm trying to avoid responding to.

If you feel that is the case, however, what is it that you feel I'm trying to bury here? Did I email Markle and say "Hey, will you create a new thread so that some other subject that I'm trying to run away from gets pushed off to page 2?"


_________________
I approve this message.

2seaoat



Mr. Markle knows nothing of economics, but now he is showing his asz in regards to characterizing Greece as a progressive failure.

Mitsotakis' government focused on cutting government spending, the privatization of state enterprises, the reformation of the public administration and the restoration of the original electoral system, with the addition of an election threshold of 3%. In foreign policy, the priorities were the restoration of confidence among Greece's economic and political partners,

New Democracy was founded on 4 October 1974 by Konstantinos Karamanlis, in the beginning of the metapolitefsi era following the fall of the Greek military junta. Karamanlis, who had already served as Prime Minister of Greece from 1955 to 1963, was sworn in as the first Prime Minister of the Third Hellenic Republic in a national unity government on 24 July 1974, until the first free elections of the new era. He intended New Democracy to be a more modern and progressive right-wing political party than those that ruled Greece before the 1967 Greek coup d'état,....the prevalence of free market rules with the decisive intervention of the state in favour of social justice."   Karamanlis' vision concerning the accession of Greece into the European Communities, despite the resolute opposition of the Panhellenic Socialist Movement (PASOK)

Mr. Markle fails to understand it was free market Reganomics and the type of right wing spending on the olympics and was a conservative transition from a Military Junta which started this nation down a path of failed reaganomics.  Not the socialist who were the opponents......another example where austerity failed tragically, and Mr. Markle attempts to recharacterize the failure as a progressive failure.....hardly.

Markle

Markle

2seaoat wrote:Mr. Markle knows nothing of economics, but now he is showing his asz in regards to characterizing Greece as a progressive failure.

Mitsotakis' government focused on cutting government spending, the privatization of state enterprises, the reformation of the public administration and the restoration of the original electoral system, with the addition of an election threshold of 3%. In foreign policy, the priorities were the restoration of confidence among Greece's economic and political partners,

New Democracy was founded on 4 October 1974 by Konstantinos Karamanlis, in the beginning of the metapolitefsi era following the fall of the Greek military junta. Karamanlis, who had already served as Prime Minister of Greece from 1955 to 1963, was sworn in as the first Prime Minister of the Third Hellenic Republic in a national unity government on 24 July 1974, until the first free elections of the new era. He intended New Democracy to be a more modern and progressive right-wing political party than those that ruled Greece before the 1967 Greek coup d'état,....the prevalence of free market rules with the decisive intervention of the state in favour of social justice."   Karamanlis' vision concerning the accession of Greece into the European Communities, despite the resolute opposition of the Panhellenic Socialist Movement (PASOK)

Mr. Markle fails to understand it was free market Reganomics and the type of right wing spending on the olympics and was a conservative transition from a Military Junta which started this nation down a path of failed reaganomics.  Not the socialist who were the opponents......another example where austerity failed tragically, and Mr. Markle attempts to recharacterize the failure as a progressive failure.....hardly.

More word salad...signifying nothing.  Lot of time on your hands again.

Greece is broke because they neglected their submission to Progressive demands and gave freely of paid leave, and exorbitant pensions which they have no hope of paying.  Due to their draconian tax structure, they also suffer flagrant, unrestrained tax evasion. Greek citizens have billions in Swiss bank accounts.

Dow Plunges 350 Points, Worst Drop of 2015, Amid Ongoing Greek Crisis

Victoria Craig
By  Victoria Craig
·Published June 29, 2015

FOX Business: Capitalism Lives Here

U.S. equity markets posted their biggest selloff of the year Monday amid the ongoing crisis in Greece as investors weigh the possibility of the nation's exit from the eurozone.

The Dow Jones Industrial Average plunged 350 points, or 1.95% to 17596. The S&P 500 shed 43.9 points, or 2.09% to 2057, while the Nasdaq Composite dropped 122 points, or 2.4% to 4958.

Both the Dow and S&P 500 slipped into negative territory year-to-date with Monday’s selloff. All ten S&P 500 sectors were in the red led by a steep drop in banks and brokers.

http://www.foxbusiness.com/markets/2015/06/29/us-equity-futures-tumble-as-greek-crisis-worsens/?intcmp=bigtopmarketfeatures

Sal

Sal

Greece is in the shape it is because it had a struggling economy and tried to cure it with austerity.

Kansas tried that too.

Same result.

TEOTWAWKI

TEOTWAWKI

What else is there beside austerity ?...magic beans ?  Seeing out as we are all caught in the same vortex, I really would like to know...

Sal

Sal

TEOTWAWKI wrote:What else is there beside austerity ?

In an economic downturn??

There is the opposite.

It's been shown to work time and time again.

Meanwhile, we have countless examples of austerity failing in such circumstances.

Pay attention.

Guest


Guest

Sal wrote:
TEOTWAWKI wrote:What else is there beside austerity ?

In an economic downturn??

There is the opposite.

It's been shown to work time and time again.

Meanwhile, we have countless examples of austerity failing in such circumstances.

Pay attention.

One of Progressives Beloved Countries FLAMING OUT Greek Banks And Stock Exchange In Shutdown Images?q=tbn:ANd9GcSZfai1Y34eH72as3DP4sVWtlJYZya2XOnMglF3VrGDPjUH7UeA

Yeah sure... You going to tell that to Germany?

*****FART*****
IN YOUR GENERAL DIRECTION

https://www.youtube.com/watch?v=lAD6Obi7Cag

Smile

Guest


Guest

So they owe money to the good ol' IMF.

IMF - headquartered in Washington DC

A part of the World Bank associated with United Nations

"You default - we own you"

Who is the IMF? from wiki

"IMF (International Money Fund) is an international organization headquartered in Washington, D.C., in the United States, of 188 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.[1] Formed in 1944 at the Bretton Woods Conference, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. Countries contribute funds to a pool through a quota system from which countries with payment imbalances can borrow. As of 2010, the fund had SDR476.8 billion, about US$755.7 billion at then-current exchange rates.[2]"

That's the Lysol version.

New World Order since 1944...


"Through this fund, and other activities such as statistics keeping and analysis, surveillance of its members' economies and the demand for self-correcting policies, the IMF works to improve the economies of its member countries.[3] The organization's objectives stated in the Articles of Agreement are:[4] to promote international economic cooperation, international trade, employment, and exchange-rate stability, including by making financial resources available to member countries to meet balance-of-payments needs."

Markle

Markle

Sal wrote:Greece is in the shape it is because it had a struggling economy and tried to cure it with austerity.

Kansas tried that too.

Same result.

So in your wise opinion...they should simply BORROW AND SPEND MORE MONEY! Right?

Who knew that Kansas had a retirement age of 57 for full benefits.

Who knew too that Kansas has a massive tax evasion problem because of their high taxes. Greece citizens have BILLIONS in...Swiss Bank Accounts.

Yep, just like Kansas.

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum