Welp, I told yall this would happen

[Mbminas]

Damn...poor Greece..

A whole country going bankrupt.

Lending the country doesn't help tbh...coz they will want it back with interest (just like how the economy works) and will just lead to even more taxes to the people and to another bankruptcy...

Greece needs to create its own money...

The big problem is...Greece isn't the only country with fucked economy.

Yes ppl here will vote if we want to stay on EU or leaving EU and get back our old currency. Pros are that going back to our old currensy will delete the debt greece has atm, cons are that might happen same thing that happened in the 40's when greece changed currensy and for e.g prices were too damn high and the only way to get something were to exchange with others and giving them ur fields for medication

[Nethurrr]

Funny how a select few people bought shit like entire boulevards etc being the sole bidders.. People knew about this, and its no conspiracy, its pretty transparent really. People just get away with shit like this in the world we live in.

"sup, bro?" "aah, nothing much, just robbing Greece"

[Vocker]

Yes ppl here will vote if we want to stay on EU or leaving EU and get back our old currency. Pros are that going back to our old currensy will delete the debt greece has atm, cons are that might happen same thing that happened in the 40's when greece changed currensy and for e.g prices were too damn high and the only way to get something were to exchange with others and giving them ur fields for medication

damn bro,

was watching the news...all the banks in greece are shut down...people cant even get money out of the cash machines..

and the Euro currency just went down by 2%

You are right...there are pros and cons for both situations

but in my opinion...which is only an opinion...I hope the majority of Greece decides to make its own money now...just for the sake of the country. Because if they take back the euro again...guess what? it will be the same shit again...you will be in more debt, which means you are just buying time just to go bankrupt again...not a suitable solution.

Making its own money removes all the debts and the currency will depend on the work the country puts in...plus much less Taxes

but your right....everything will probably be expensive as fuck..

my feels go to you Greece

[KidComet]

damn bro,

was watching the news...all the banks in greece are shut down...people cant even get money out of the cash machines..

and the Euro currency just went down by 2%

You are right...there are pros and cons for both situations

but in my opinion...which is only an opinion...I hope the majority of Greece decides to make its own money now...just for the sake of the country. Because if they take back the euro again...guess what? it will be the same shit again...you will be in more debt, which means you are just buying time just to go bankrupt again...not a suitable solution.

Making its own money removes all the debts and the currency will depend on the work the country puts in...plus much less Taxes

but your right....everything will probably be expensive as fuck..

my feels go to you Greece

I believe Iceland took this route and got away from the greedy bankers. I think

[Bill Laimbeer]

Lmao


Where in this thread did I say the world was going to end?



I said that Greece defaulted on its debt and they will leave the Euro, which will cause a domino effect in the economy and it will reach American Shores,

Prove me wrong oh Mr College Going slave
Mr. My teacher said it so its 100000% factual
Mr. I go to college so im as smart as a wizard

I never once said the world is ending

Yall just love putting words in my mouth,







SHOW ME WHERE I SAID THE WORLD IS GOING TO END IN THIS THREAD

- - - Updated - - -




Nah, if Greece leaves, those countrys will leave too, best believe

Economics 101: -1c change in a currency is not an indicator of economic collapse. You don't need college for that. You need common sense.

Economics 102: Countries that are in terrible debt that leave a currency and create their own currency will see exponential inflation untill the currency stabilizes. Going to your own currency doesn't magically make everything better. It makes it temporarily worse.

[KidComet]

Economics 101: -1c change in a currency is not an indicator of economic collapse. You don't need college for that. You need common sense.

Economics 102: Countries that are in terrible debt that leave a currency and create their own currency will see exponential inflation untill the currency stabilizes. Going to your own currency doesn't magically make everything better. It makes it temporarily worse.

Greece has already collapsed homie they ain't got no money in the ATM no nothing. And civil unrest is about come.

[Bill Laimbeer]

Greece has already collapsed homie they ain't got no money in the ATM no nothing. And civil unrest is about come.

You showed a picture of the Euro with a change of -1c, which is nothing. Admit that you overreacted to the change in value of the Euro.

People don't have money in the bank because the money was going to get exchanged into Drachma's at the rate of 1 Euro = 1 Drachma. As soon as that change happens, the Drachma is going to plummet because it has no reserves. The little money people had in the bank would be worth pennies. If people are aware of this, you take out the money you have in the bank as Euro's so that your savings are worth what they are instead of being inflated.

And no other countries are going to do this. No other country in the EU has managed their debt like Greece. No countries actually want to switch to their own currency unless they know there is going to have value behind it.

[WeEeEeEzZzZyYy]

greece is like canada

irrelevant

[Mbminas]

damn bro,

was watching the news...all the banks in greece are shut down...people cant even get money out of the cash machines..

and the Euro currency just went down by 2%

You are right...there are pros and cons for both situations

but in my opinion...which is only an opinion...I hope the majority of Greece decides to make its own money now...just for the sake of the country. Because if they take back the euro again...guess what? it will be the same shit again...you will be in more debt, which means you are just buying time just to go bankrupt again...not a suitable solution.

Making its own money removes all the debts and the currency will depend on the work the country puts in...plus much less Taxes

but your right....everything will probably be expensive as fuck..

my feels go to you Greece

the only thing we can do now is to w8 till sunday

[MarkoMaxX]

greece is like canada

irrelevant

greece is irrelevant?
greece is one of the oldest countries in the world with richest history..

i hope greece overcomes this, and i hope this shit wont happen in my country :/
i'm going to greece for vacation tho, gotta help neighbours by spending cash there

[Vocker]

greece is irrelevant?
greece is one of the oldest countries in the world with richest history..

i hope greece overcomes this, and i hope this shit wont happen in my country :/
i'm going to greece for vacation tho, gotta help neighbours by spending cash there

Plus Greece is a country, with people that need food and shelter to survive...no matter what history it got or anything..

but people are fucking dumb...Greece is irrelevant? but what makes you relevant? if its your country thats going bankrupt with banks shutting down, what are you gonna do? (not talkin to u Marko)

If Wayne went bankrupt mutha fuckas in here will start dropping tears like their father just dropped dead...

fucking stupid people in the world.....the reason why the world is corrupted...coz the civilians of this world are mostly idiotic people that love to be treated like sheep and wont care when it comes to other countries.

[MarkoMaxX]

Plus Greece is a country, with people that need food and shelter to survive...no matter what history it got or anything..

but people are fucking dumb...Greece is irrelevant? but what makes you relevant? if its your country thats going bankrupt with banks shutting down, what are you gonna do? (not talkin to u Marko)

If Wayne went bankrupt mutha fuckas in here will start dropping tears like their father just dropped dead...

fucking stupid people in the world.....the reason why the world is corrupted...coz the civilians of this world are mostly idiotic people that love to be treated like sheep and wont care when it comes to other countries.

So much truth bro.. Even the most stable countries can collapse if another major crisis hits the world..So it's not just single country problem, it's a problem that every country and every human being should care about.

And saying that Greece is irrelevant is incredibly stupid, it's one of the most relevant countries in the world. And Greece deserves to be treated with respect not only by global population, but by EU as well, they aren't doing that..

Without Greece, there would be no democracy, no Olympics, no theaters.. most of the stuff people use are created by the greeks, alarm clocks, cement, coins, maps, plumbings, showers, sinks, umbrellas and lots of other shit..

Greece is irrelevant is dumbest shit I've seen posted here, it's dumb to post it now just as it was dumb to say it 2000-2500 years ago..

It's that dumb.

And if it was a joke, it's was pretty dumb one..

- - - Updated - - -

You showed a picture of the Euro with a change of -1c, which is nothing. Admit that you overreacted to the change in value of the Euro.

People don't have money in the bank because the money was going to get exchanged into Drachma's at the rate of 1 Euro = 1 Drachma. As soon as that change happens, the Drachma is going to plummet because it has no reserves. The little money people had in the bank would be worth pennies. If people are aware of this, you take out the money you have in the bank as Euro's so that your savings are worth what they are instead of being inflated.

And no other countries are going to do this. No other country in the EU has managed their debt like Greece. No countries actually want to switch to their own currency unless they know there is going to have value behind it.

Correct. All what you said is basics of economy and common sense..

KidComet should stop reading conspiracy theories and news, and start reading basics of Economy.