General Discussion

CK_John

(10,005 posts) Sun Jun 28, 2015, 11:24 PM Jun 2015

Greece the perfect example of GOP economics, about to crash.

This has the possibility to destabilize Europe and work its way to Wall Street.

Be aware.

7 replies

= new reply since forum marked as read

Highlight:

Greece the perfect example of GOP economics, about to crash. (Original Post) CK_John Jun 2015 OP

It is straightforward neoliberal western economics, Cal Carpenter Jun 2015 #1

It's what they have been selling for 30yrs, they own tinkel down. CK_John Jun 2015 #2

Wow, I can't believe I've never seen that joke until today. :p Rod Beauvex Jun 2015 #3

I have heard Republicans on TV claim it was a too generous social welfare system Enthusiast Jun 2015 #4

As with many issues, there's no simple answer... brooklynite Jun 2015 #6

Massive deficit spending was the problem hack89 Jun 2015 #7

Goldman Sachs making the rich richer and the rest into indentured servants. Octafish Jun 2015 #5

Cal Carpenter

(4,959 posts)

1. It is straightforward neoliberal western economics,

Reply to CK_John (Original post)

Sun Jun 28, 2015, 11:29 PM

Jun 2015

no need to attribute it to the GOP, a US partisan designation.

CK_John

(10,005 posts)

2. It's what they have been selling for 30yrs, they own tinkel down.

Reply to Cal Carpenter (Reply #1)

Sun Jun 28, 2015, 11:32 PM

Jun 2015

Rod Beauvex

(564 posts)

3. Wow, I can't believe I've never seen that joke until today. :p

Reply to CK_John (Reply #2)

Mon Jun 29, 2015, 03:17 AM

Jun 2015

I feel stupid for giggling.

Enthusiast

(50,983 posts)

4. I have heard Republicans on TV claim it was a too generous social welfare system

Reply to CK_John (Original post)

Mon Jun 29, 2015, 08:30 AM

Jun 2015

that caused the problem. I figured they were lying but what is the truth.

brooklynite

(95,068 posts)

6. As with many issues, there's no simple answer...

Reply to Enthusiast (Reply #4)

Mon Jun 29, 2015, 08:42 AM

Jun 2015

...part of it was irresponsible banking practices. Part of it was also generous social programs without the revenue to pay for them. Greece has had a notoriously high level of tax evasion as far back as anyone can remember.

hack89

(39,171 posts)

7. Massive deficit spending was the problem

Reply to Enthusiast (Reply #4)

Mon Jun 29, 2015, 08:51 AM

Jun 2015

that and the government conspiring with Goldman Sachs to hide the problem from the EU so they could continue to borrow money.

Octafish

(55,745 posts)

5. Goldman Sachs making the rich richer and the rest into indentured servants.

Reply to CK_John (Original post)

Mon Jun 29, 2015, 08:40 AM

Jun 2015

They set Greece up for liquidation. Act, now, prices will never be this low again! Parthenon's on sale...

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