Well that just goes to show how ill informed you are.

The EU doesn't want to get rid of Greece. They are doing everything possible to prevent Greece from leaving. WHY? Because that would be the end of the Eurozone.

That is the reason why they hate the Brits now.

Britain has done the right thing. Bless them for challenging the establishment!

No need for a referendum in Greece.

I the right party wins the next election, they will automatically invoke Article 50. There are 3 parties that run with this as their policy.

They advocate default.

And last time I was there, I never met anyone who had anything good to say about the EU. There was a demonstration with 1 million people just a few months ago.

Edited by Aikhme: 29/6/2016 04:59:36 PM

That's nothing.

He went to Greece and threatened them for days about the bail out at 17% interest rate. Either this he said, or Greece will have 1000% inflation.

no body is going to get any more referendum votes....no geek MP going to vote for a referendum vote now,,,they have just all seen the unthinkable happen

Edited by adrtho: 29/6/2016 04:56:53 PM

Most EU countries would be happy with this, Greece is not a pimple on the backside of the EU economy.

Greece are in the EU because they want to be.

You make me laugh!

I could be Chinese but it doesn't make one iota of a difference.

Under-employment - caused not by lack of jobs, but by lack of low-skilled jobs. More money should be spent on those that lose out from globalisation in rich countries (namely - low skilled, low educated workers).

Real wages have not generally cut over time, however they have been stagnant. But again, there are many things that contribute to this, especially in the US - poor tax system, poor education system, low investment by govt in services etc.



There is some truth in that. But UK in particular was in dire straits BEFORE Thatcher came in. People forget about the "Winter of discontent" in the UK prior to Thatcher coming in.

https://en.wikipedia.org/wiki/Winter_of_Discontent

I'm no fan of Thatcher, but the UK was already facing massive structural issues before she came in.



I would disagree with this - people employed in manufacturing were largely working class, blue collar. Its their children who became educated and moved into the middle class.



Absolute rubbish! The quality of TVs/cars/appliances is FAR better than that produced locally prior to globalisation. You are looking at the past with rose-coloured glasses. Totally inaccurate.

And more importantly they are all far cheaper in real terms - meaning that purchasing power is far higher than in the past.



The fact that you can just dismiss possibly the most amazing technological advance in human history as a "trinket" shows that you are just being disingenuous.

Do some research - smart phones have made HUGE positive changes for those in Africa, India etc where infrastructure is so poor.

I hope so. It's the only salvation for Greece and its people!

just listen to Jean-Claude Juncker now....you voted out, your out....no reason to talk to you anymore

this is a man, who only last week went and meet Putin in Russia, who said we need to keep dialect open, when so many PM and presidents said it send a wrong message to go and meet Putin


it going to be shocking to watch, people like Juncker, to try to punish the UK people for voting in a democratic referendum, at the same time, trying to get the EU to drop the sanctions on Putin Russia

Cherry picking? The US is the biggest economy in the world. Thats one BF Cherry. When it sneezes, the world catches a cold.

Singapore also has an economy dependent on oil, and manufacturing of high tech and biotech products.

The Swiss make watches. They make pharmaceuticals. They apply protectionism to their agriculture.

Yes, and how many if those are under-employed or have seen their real wages cut over time?



Been happening for far longer than the GFC. In the UK in the 80's Thatcherism destroyed the living standards of the working class. Reaganomics did that in the US.



Its the middle class whose wages have remained stagnant over decades in the US. These are people who in previous generations would have worked in manufacturing.



Yes we can buy washing machines, fridges and TV's and cars cheaper from Korea. Which need to be replaced more frequently due to inferior componentry

Besides much of this is due to production line efficiencies which could be implemented locally.

But the guy working on the line of 3 bowls of rice per day will win the contract over the guy wanting $300 per day.

When living standards are so disparate, free trade is a joke.



yes more trinkets that need endless "upgrades".



Edited by enzo bearzot: 29/6/2016 04:01:06 PM

is rice crackers Greek?

Grexit will happen. Sooner rather than later.

it was a non-binding referendum, on till the UK parliament votes on it, it not even real...if the the UK MP don't vote to make it a new act, then the UK not leaving,,,..The UK has the right to take as long as it wants to decide the best way to listen to it's people opinion

so all this bullshit from the EU commission, and other EU MEP to act fast, is not in anyone best interest....the UK has almost 3m citizens of other EU countries , mostly from the poorer Eastern European countries , what happens to these people lives should be very important...what happens to a country like Latvia , when 5% of there citizens who now live England , what happen to all the Polish?....those people who live 5 years in the UK , can get permanent residence, but those who haven't are now to be kick out of the UK

The UK, Ireland and Norway, took most of the Eastern Europe work forces that left there poorer countries , it wasn't Germany or France, or Italy that took them...do those people now go home? do they go to France, do even more go to Ireland, what happens when 1m plus Eastern European go home, what happens to wagers in those Eastern European countries?

Trade
the UK has a massive trade deficit with the EU, this mean every time some one say we not going to give preferential access to the EU markets for the UK, those EU people are also saying, we want to make it harder for the EU companies to sell to customers who buys more then what they sell (we want cost us more jobs then it will cost you)

what the EU MEP and EU commissioners have said over the weekend and yesterday...we want to punish are citizens hard and fast, because we are afraid of losing are jobs

Ooh....such an intelligent chap you are! :lol:

I support Aikxit. I hope one day that ricecrackers gets a fucking life.

The current administration won office on the premise that they were to take Greece out.

It back flipped! Hence why the fascists are now on the rise who will exit straight away.

Greece can't exit like Britain has, because inflation will hit Zimbabwe levels. People won't be able to buy groceries. The EU knew this with the Euro bail outs and not allowing QE.

A lot of people want GREXIT. It is gaining momentum.

Yeh, I really enjoyed that!

I also enjoyed how he was makingthe most of it. He mentioned Greece too. And he is 100% right.

Make no mistake. The little guy just had a major victory against the establishment and the EU will get its reality check and shake up. It is a gravy train of buearocratic technocrats.

What is interesting is how the SJW left leaning forum establishment here is supporting the EU against their principles they claim to hold dear.

Britain's accomplishment here is also Greece's victory even though they may not know it yet. Britain won't be the last.

And Greece will descend into mayhem if people can't survive.

What are you talking about? The only thing stopping Greece from exiting and defaulting on the debt is the fact that they want to stay in the EU!

The EU is not a monolithic entity, it is made up of the countries in the EU.

I do think that the EU has put too much emphasis on austerity, and not enough on generating growth. But Greece (more specifically the political elite in Greece) is responsible for the position the economy is in!

Right or wrong how refreshing is it to hear a politician stick it other bureaucrats.

"None of you have ever had a proper job"

LOL.

It also assumes that there's uniform trade across all sectors, it's quite possible for the trade deal to be biased towards things that benefit the EU over the UK.

All the carry on and heckling in Parliament was atrocious.

It is up to the British people, and just because they want control of their country is no reason for the EU to act like porked chops.

Britain is very lucky.

If Greece tried to exit it will go to the Drachma with 437 Billion in debt in Euro currency. They have trapped this country.

There is no way out without famine on the streets.

It is a real shame, but the best thing for Greece is default and getting kicked out. That is the only way out, or of course war is another way.

As Nigel Farage has said just yesterday, the EU has been good at implementing poverty in the Med.

Edited by Aikhme: 29/6/2016 03:02:51 PM

What are you talking about? How are the EU "people acting like babies"???

Its the UK who is backing away from implementing the Section 50 exit clause!

I didn't say that.

What I said was that they won't give UK 2 options to put to their people in a referendum.

UK is FAR more reliant on the EU than the EU is on the UK in terms of trade.

What people don't understand is that much of what is sold to the UK can be picked up by other EU countries.

The UK will have much more of a problem offloading their goods.

The fact is the EU market is 400-450 million people, whereas the UK is about 55 million. That automatically makes it harder for the UK.

The EU won't go out of their way to make the UK suffer. But they need the transition to be painful enough to discourage other countries from leaving as well.

The EU is a failed political construction.

The EURO is also a failure. Anyone from Greece, Portugal, Italy, Spain or Ireland can confirm this.

Britain can count its lucky stars.

The EU are now trying quite successfully to trap Greece and others. Since the debt is in Euros, the only way out will be civil war. They will get their wish within the next 5 years when the people have had enough of the austerity.

Only issue is that many lives will be lost!

what has been happening , if the 1st referendum doesn't go the way the EU wants, then EU just keep holding referendums on till they get the result the EU wants :lol:

but i don't believe they be able to do this in the UK, the people will not let it happen... it will kill democracy if they tried

The only reason it went down so much was that people were betting on a Remain victory, so they bought anticipating an equity price increase after the announcement - prices were wildly over-inflated. When Leave won, they all panicked and sold because they thought everyone else would panic and sell, thus lowering the price.

The markets are not an indicator of the health of the economy, just the confidence of investors and them speculating on what they predict will happen.





Edited by 433: 29/6/2016 01:50:32 PM

yep...all the EU people acting like babies right now, if they keep acting like this, the UK should thank god they got out

Financial Markets are now recovering with the ASX 300 up 1.5% today.

Overall, they are down just 2% from just before BREXIT.

Britain is going to be just fine. In fact, everyone is just scared about them doing better than Eurozone Countries.

Germany depends more on the UK than vice versa. You think the EU will play hardball with the UK when it will only hurt themselves?