Greece isn't Collapsing

No one seems to of wanted to talk about this, except one crazy comment by Fixed Cross that Greece was going downhill and he was so proud of them back when the Greeks went shit crazy.

Well, Europe decided they could stay.

I guess that is for the best. I’m for it, but honestly, there was a little sick part of me that wanted to see it happen, despite the consequences, just to see exactly what would of happened. It was like the whole country was excited to collapse. Would of made for interesting works on sociology and ecomomics for decades, if not centuries, trying to explain the Greek effort to derail themselves so enthusiastically, and the disaster that unfolded.

It is not all good.

Although, it is good that EU and Greece have come to some terms, but what they are doing will not serve any real purpose. It will just prolong all that trouble, not solve it permanently. The same thing will keep coming up again and again.

The issue is that Greece needs some onetime donation, not loan. It would never able to repay its loan. The only second option is either such state intent which China showed in sixties, or the emergence of that kind of public mentality, which Japan showed after got nuked. But, nothing of these can happen in Greece now.

Any problem cannot be solved ever if the intent of the help would not be right. EC is not helping the Greece because they are truly concerned about Greece. No, not at all. EU is concerned about itself only, and that is why all past help has been gone in vain. This will happen again.

EU is more concerned aboute the its fate and euro. EU countries, especially Germany and France, envy US and wants to compete it. That mentality is the cornerstone of EU, though no politician would admit it openly. They want to see euro where dollar is now. That is why they have striked the deal with Greece. And, that is why it will never work out.

Greece can survive on loans only when it would move out of EU and can depreciate its currency. That is only way out but it cannot do it being in EU and have to go by euro. And, euro will never let its economy to stand on its own.

With love,
Sanjay

It takes a lot of electrons to slow the decay of a radioactive polyparticle (nucleus), regardless of its high positive charge. And they only slow the decay, not prevent it.

i.e. EU is radioactive, as is the GUF and the UN. It takes continual threats/wars to prevent them from collapsing, regardless of their high hopes.

Greece couldn’t survive on its old currency either.

A lot of the Greek steel workers here back in the 20s and 30s vacationed in Greece, and opened up bank accounts, one with 40,000 in the bank.

After WW2, the Greek government removed a zero from all “inactive” accounts, so it went from 40,000 to 4,000.

Then they needed more “loans” so took another zero off all inactive accounts, and it went from 4,000 to 400.

Then, the communist invaded Greece, and the government needed more money, so it went down again.

When this one particular steel worker went to Greece, he went excited to the bank with his family, to get his money out… he said he wanted it all, including the interest. They handed him 40 back. He stared at his hands and asked what the hell kind of joke this was.

The Greek bank just drugged it off, saying it happened to many, they didn’t have a say in it, government mandate.

So he showed it to his kids, told him this was his life savings for them, then handed it back to the banker, saying for him to personally keep it, and go to a cafe and buy a pastry and coffee, and reminiscence on how life turned out for Hus family.

The Greeks will NEVER EVER bakance their debt, they are too socialist, its a impossibility.

I know Marxism is “wow, fuck, this is some great shit, Marxism is so well thought out, I think we should hang out and class struggle this weekend tomorrow” but just about everywhere else people think it is complete shit. Only place that doesn’t think this, like India, is Greece. They fuck everything up, and are running off international presumptions that they all read Plato and Aristotle, and are really smart. But they are not, they are really fucking dumb.

A lot of the Greek families here where I live have been horrified the last few months, seeing how excited their relatives were on the phone about their society going down the toilet. Many can remember back when locals from here were attacked by communist terrorists in the Airport in Athens.

Can’t say there are a lot of people with high hopes. Greece won’t collapse, but I expect it to always be messed up. I don’t think its possible for a new Greek Golden Age to pop up in my lifetime, they are hardcore committed to socialism, no matter the cost. Not even smart Socialism, the dumbest version of it… the always on the verge of militancy kind.

Another broke ass Marxist country living off of other people’s wealth.

Yes, greek philosophers call it being brokos.

Some people work much harder than others, and are really smart. That’s why they are wealthier. Heard that, Greece? Work harder next time, and stay in school! :slight_smile:

some, work harder yet, and are not smarter. heard that EU?

It is not only difficult but next to impossiblr to reply Turd’s posts point to point, thus I will explain only what I said above.

Again, people either do not have the knowledge of history or very bad memory.

There was a time after ww2 till the eighties, when Greece economy was blooming. Its economy was growing not only the fastest rate in the Europe but second only to Japan in that time. It was considered Greece Economic Miracle.

It is important to point out here just before that miracle, its economy was in very bad shape in 50’s, almost as it is now, but it managed to stand on its own feet.

After the eighties, Greece fell for far too much populism. That is only reason of all that what we are seeing now. It is not that populism is bad but there is limit to everything.

A state can make sure that none of its citizens would sleep with empty stomach. That is fine. But, it will certainly become an issue if the state decides that every citizen should have free meals in five star hotels. One should keep its legs in his sheet, not beyond that.

That went of twenty years. Greece kept spending and spending on useless populism. That led to fiscal crisis as debut rose to 1/3 of GDP around 2000.

It had a chance to correct the things then, but France and Germany lured Greece into Eurozone by giving the assurance of help in 2000. And, it never recovered from that situation since then.

Again, there are only two way out for Greece. One is its creditors should forget about their loans or Greece should move our of Eurozone and depricate its currency.

Its industry needs some protection for some time to regain its strength. But, only a depreciated currency can provide that as it would make Greek products cheaper and their demand will grow, just like China did. Secondly, Greece alwsys had a huge potential for tourism. With depricated currency, it will able to attract more and more tourists. Thirdly, both of its state and citizens should also have to discard the extreme populist mentality.

But, there is no future for Greece with Eurozone. I am more than sure about that. But, it is not the case that I want or hoping that, as our learned friend presumed with his extraordinary fertile mind.

With love,
Sanjay

EU can not let Greece go, it is the cradle analysis and mythos, of the mystery religions, precursor to Rheingold. (The most significant worldly cultural artifact)

Greece hasn’t been able to grow enough food to support its population since the Greek Dark Ages back before Plato and Aristotle. Even in the glory days of Athens that some heavily rever on this forum, they were heavily importing agricultural produce from the black sea region.

The land in Greece isnt any good for traditional farming, very mountainous. Can it be farmed, yes, but hardly easily, and not to the standard necessary. Let’s just say there is a reason why Greeks eat so much lamb and seafood.

If they broke from the EU, they would require massive food imports.

Let’s not forget, during these economic glory years, The British Empire was financially and militarily responsible for Greece post WW2… Greece was the straw that broke the camel’s back, and it sent the British spiraling into bankruptcy. We (US) had to rush in and give both money, and we sent a bunch of military advisers into Greece to help retrain the Greek military. The success in the Greek Civil War is the root behind why the US sent military advisors initially to Vietnam (before the mass escalation of troops, I’m talking the early stage) and even today in Iraq.

Greeks were so messed up, they had their Special Forces units doing very basic and mundane duties that had nothing to do with combat as they were the only units willing and motivated to do anything… which is sad, as SF units are most useful in a mountainous peninsula country like Greece.

Countries with inept militaries by default have backwards governments. I’m not talking small, I’m saying inept. A country with a small military, even if ridiculously small and not realistically capable of defending a country, will at least have plans, will aggressively train, will have scenarios in just what to do to have maximum effect. The government funding and oversight organs in the civilian government would be aggressive as well, demanding to see its money is well spent, demanding to see the troops in actions, comparing their doctrine to that of other countries.

Greece just didn’t give a fuck, and looking at it today, it continues to not care. Its military isn’t as bad, but that’s because its in NATO and the collective standards produce a minimum guideline. The government is as inept as ever.

Military is always a good litmus, because they are expensive, and require a lot of comes oversight… food, energy, housing, maintance, salary, medical care, transportation, weapons, ammunition, vehicles of war, naval ships, airforce craft, high cist of training.

You can’t just send weapons to the unit, and say “here, keep this in the armory” cause the unit will sell all but a third of it on the black market. You have to have guys checking on it, and guys checking on them. Everything gets checked and analysed. Debates in legislatures are held, which aggressively debate what’s the purpose of doing this or that. Guys get fired and promoted on how well they do.

In the US Army, officers (sadly) are not promoted on the basis of battle field success, but his well they keep their property books. The first captain I served under was a excellent commander, but didn’t pay attention when he signed over the supply roster from the previous captain. Every so often (either quarterly or biannually) the companies had to do a full inventory, and as a cold weather unit we had a lot of stuff. He discovered hundreds of thousands of dollars worth if equipment was missing. Took him by surprise.

That is socialism… that shocked look on his face. He fought well in Afghanistan, but this tanked him. You have no idea how many times our rooms were searched. He was eventually exiled to serve as a instructor at West Point, which is again, disturbing… only the very best should do that. He was good, but it was being used as a penal colony.

It was so bad, they later on discovered we had humvees missing. We didn’t even know we owned humvees.

But the US is obsessed with this stuff, and IRS why we always have the equipment and manpower to project force, and the supplies and financial reserves to do so, at a dependable level of competency. Not saying its always smart, or well thought out, but it has these aspects under firm control. We got to the point where we can get troops across the planet in under a day… 12 timezones.

India can now just barely project light infantry into Myanmar, and they had to walk (and crawl, but the latter was for wise tactical reasons) just to take out a couple if camps, with little support. Even this requires a moderate level of command and control, and that requires a long term degree of civilian oversight and civilian leadership. This competency is seen overall across the Indian government.

Same with US government. The Anti-Military party, spends like crazy. California is our Greece. Obama hasn’t a clue what to do with the piling debt, were facing several decades of austerity here ourselves because of him. Its no coincidence that the pro-military parties are the ones most obsessed with the economic stability, health, and wisdom. Its not so much a advocacy of warfare, as Japan has a advanced military and is pacifist, as well as Switzerland… Its what keeps the military and government on whole well practiced and green. There are a lot if lazy scroundrels attracted to the military who will fuck everything and everyone over for quick profits before leaving, and don’t care about training and providing for their respinsibilities. The offer good practice for governments to stay fit. The threats and fear if neighboring states should be motivation enough for governments to stay fit.

Greece never stays fit. It is a wild mess. Its citizens are corrupt, demanding handouts. A entire country cannot try to buck the system, and drag ass and expect the money to floe and retire early, that somehow it can all work in the end. At least, such a country would say “you know, what were doing is wrong, but even if we do fail, at least we produce enough food to feed ourselves”. They don’t. US has crazy high debt, we will soon be Greece, but we can at least say once that time comes, and half the country is out of work… Obama care implodes, etc… we can get food to everyone, regardless of how pitiful our currency is. We will survive. Why? We built our agricultural independence into our system. Everything else can be raped financially by our creditors, but our houses will still be there, and our fields will be too. Eventually we can adjust, rehouse people with what we have, and employ the agriculture and oil sectors. Only real result possible from ObamaCare.

In Greece, they don’t gave shit to fall back on.

Again, eurozone is the desire of France and Germany to be at par with US. They have to match the size of US economy. That is why they included all European countries in the eurozone, so that euro would find enough acceptance to be compared with the dollar.

Though, it would have been better if initially only France, Germany and some more economically sound countries like Denmark started as a unified zone. Eurozone was pushed too fast, far more than desired, hence the problems.

US also understands this compitition. And, that is precisely the reason it somehow managed to keep UK out of the Eurozone.

With love,
Sanjay

Correct.

Of course this is just a symptom of the idiotic perspective on wealth and value that most of the world goes by. Greece is the first country to expose the idiocy in a significant way.

I saw a good part of Greece recently, quite poor but people doing better than in the North, in supposedly healthy economies.

Im not worried for them. Theyre at least resisting the insanity into which my own wealthy but honorless nation is completely indoctrinated. Im worried about the Germans, too - miserable clueless fuckers. Seems theyre always letting themselves be used by the Swiss and Liechtensteineans. Not worried about the Swiss - their country has been intact since before Roman times and it appears they pretty much own Europe. Reason theyre not in the Euro, of course. Slavedriving system - except Greeks dont let themselves be pushed this way, theyll sacrifice everything just so as not to have to crawl for any kind of empire. Good people.

But to respond to your main point - all culture depends on actual investment, ‘gifting’ rather than loans. As long as were living for a direct quid pro quo model, we are worth precisely nothing and our prospect is steady decline.

Basically Greece needs to win over some rising economies to make some actual investments, for the sake of what used to be called ‘glory’. A new form of economic alliance, something based on cultivation of value rather than the permutations of debt.

Politically, the original EU is based on a fear of Germany, not on a rational economic plan. Such a fear based system should not have been represented by a currency. The Euro is an irrational currency, prices vary by 500 percent within 10 miles, inflation was 250 percent in the first year, then debts sprung up all across the continent like the plague, its a system without any possibility.

The only reason Germany is relatively free of debt is that these poor fucks are willing to work so hard for so little and sacrifice the entire world for that privilege. They wouldnt notice the destruction anyway, the myopic, anticultural perspectice theyve had since Bismarck united them under the most nihilistic of their characteristics. “Functionality” — to what end? “German rule” – what is “German”? “Functionality”. Absurdity, peak of nihilism.

Umm… Actually, the US was a major pusher for the European Economic Community, then the EU… We got tired of having to deal with so many laws and customs, not to mention currency fluctuations and infighting between the Eurostates.

The UK stayed out of its own accord, it had a imperial tradition of stable banking, and built the Commonwealth Economic alliance around this. The US, like any large country including India and China, is I retested in the UK’s intentions, but we wouldn’t stop them either way.

Reason why goes back to the previous American Constitution, the Articles of Confederation. The EU is in a very similar point, its ruled by a collection of states that thinks they are independent sovereign countries (quite funny, really) and have no identifiable strong executive, a weak legislature that isn’t always respected. States set their own economic policy. They have to more or less volunteer payments to the military, and the real military force only sits in the hands of a few stares. Economic bullies push their weight around, while scumbag populace states print their own currency with the aim of market manipulation to pay their own debt (delaware- nearly Greece).

We are not going to stop any country for joining or leaving the EU. We had a hand in building it, and will try to talk people out of leaving it, but won’t actually stop it. Its better for our foreign policy that the EU stays together, and under NATO. If not, they will eventually return to war, and they will drag us into it like they always do… but our political theorists are very well aware of what’s going on, we had a few hundred years to meditate on the problem, and had to change our whole constitution just to solve most of the issues. Most of them, not all.

You would want to look at “The Federalist Papers” and “Anti-Federalists Papers” (the latter group still exists, called the Democratic Party).

Most Europeans can’t even pay basic NATO requirements. We never had that much control over them. Bunch of confused savages always on the verge on fighting over stupid ideas.

en.m.wikipedia.org/wiki/The_Federalist_Papers
en.m.wikipedia.org/wiki/Anti-Federalist_Papers

Reason everyone assumes the US is behind everything is because were the biggest dog on the block, so when people open their front door in the morning and see a pile of shut in front of their door, its easier to blame us.

EU had its start in Western Europe at about the same time as NATO. It started off small. If there was a US conspiracy, it was to make the Europeans to stand up on their own two feet, stop fighting each other, and do their share of the work in defending against the Soviet Empire. We couldn’t fund them forever (still funding them in a lot of ways) and at the height of the soviet military and the Warsaw Pact in the 80s, even with all the troops we had stationed, we would only be able to hold out for 3 weeks before the Soviets took over Europe. They needed trained, professional armies, capable of holding. I can’t really say they pulled it off.

This is that era when the French and Greeks were obsessed with communism and took a massive shut on themselves. Greeks came out much worst for wear, as the Soviets were in a position to send commandos and guerillas trained on its side down through Albania and Yugoslavia.

Whenever the states in Europe economically expanded, it was because the US was standing over them, maintaining aspects and assurances. We couldn’t afford to let them fall then geopolitically. Now, much different.

If Greece rejected the bailout, and the EU collapsed, we have considerable more wiggle room. Russia can’t afford to rebuild more than a rump of its former empire, it is in a severe population decline, and a blockade along with a handful of strategic airstrikes on its pipeline would destroy it… so yeah, we can afford to sit back and watch them break up. The cost is, well be dragged into future civil wars across Europe as the states increasingly reclaim sovereignty.

Same with India. We could easily survive the reemergence of the princely states. We might even back a few in a alliance. Or China, if it entered into another military warlord era like it did 90 years ago. But is is generally better if that didn’t happen. Why? Causes a lot of problems and uncertainty, and the EU, India, and China are the Devil we already know.

(Fixed Cross posted while I was typing this, but for Zinny’s sake, obviously he hasn’t the slightest clue what he us talking about. He also witnessed a while back when Russia shot down a Dutch aircraft, killing hundreds of his people, and was excited and elated to see Russia invade Ukraine. The boy is a mental retard at best when it comes to comprehending international politics. Its why literally no one ever pays attention to such mindsets outside of launching a few canisters of tear gas at them during a riot and locking them up till they sober up. Broken remnants of a old Nietzschean-Hegelian society that died at the end of WW2. They had their chance for empire, and fucked it up. Now its all incoherent and isn’t relative to todays world, for any country.)

Turd,

Thanks for your kind comments. Keep it up as long as you can , or it pleases you.

But, you have to do it alone as I am no match for your fertile mind. My mind is unable to produce such out of the box thoughts. Sorry for that.

With love,
Sanjay

FC,

EU is not that much big issue. The actual problem is Eurozone, where only euro is allowed. I do not know why Greece took that suicidal step.

Right now, Greece needs its own currency, which can find its own value or Greece can keep that artificially low. That is must for its revival but it cannot happen till Greece remains in Eurozone as its hands are tied.

Secondly, you are right about the dedication of the Germans. They are very hard workers, perhaps the best in the world. Their precision in engineering is well accepted and appreciated around the world. No other country can match their perfectness, not even US.

With love,
Sanjay

You kidding me Zinny, many countries, including North Korea, directly immulated West Germany / Modern Germany’s emphasis on small parts machinery and tools. In China, I had a friend in Dalian who’s family was part of a business that traded between Germany band China, primarily to go there and learn how the Germans did things.

The Germans don’t make quality goods any better than third world tier economies, just they have a better name, and are centralized in Europe’s economic zone, a area with 400 milliin high wage earners.

Its purely their reputation… if the Euro sank low enough, you would gave Asian, South American, andAfrican mechanical and electronics monkey stomp the German Goods available in European Markets.

Marxists can’t keep a economy going, much less health, but the Utilitarian ideal at the heart of it makes for good reverse-engineering opportunities… it was freaken obvious to every socialist state scratching their heads for a legitimate export resource to look at Germany during their rebuilding period. Its not hard to replicate the mechanical aspects, but convincing people to trust your export is another issue. Take Iranian or Chinese vehicles… yeah, they are shit, but its only because their exports are not trusted, and they can only enter lower tier markets. They can easily design much better stuff, and even fund original concepts if they knew they had a market for them. They simply don’t, because others occupy it.

German goods objectively aren’t worth much, unless you like in Europe. They hold equal to somewhat superior quality in those markets, but you can get even better elsewhere. And in a global economy, there is a lot of elsewhere, and the overall wealth of the third world is slowly building.

Big problem for Germany (way worst for China) is the advent if 4-D automobile printing. Its put a maximum life-expectancy on exports in general.

mobile.nytimes.com/2015/01/16/bu … rrer=&_r=0

Tell me the German economy will be worth diddly jack after this becomes more and more mainstream in 40 years.You’ll have guys sitting in Angola printing out cars from plans found on the Pirates Bay, or other torrent sites.

What matters now isn’t pricise technical knowledge or a perfectly humming economy, but resource acquisition, and I don’t mean energy. Last year, we doubled our capacity to exploit up to 70% of solar energy hitting a panel, as well as store electrical energy in lead-nickle batteries on the national scale.

All the silly shit happening in regards to economic suppositions are already past the inventive tempest… we already designed it. Just takes time to make the transition.

I doubt in two hundred years you’ll be able to see any real economic difference between one region of the earth to another.

It would, however, be wise to note 4-D printing doesn’t make food (yet) or does resource acquisition (which it needs heavily soon). We are going to need to figure out some deep mining techniques if a 10 billion people size population of earth is all going to demand their own homes, own cars, own long term security. Its that, or inevitably, lots of winners and losers. US has enough mineral resources to make it internally. Russia does, but will lack the population to hold and control it. India has the Hindu Kush, don’t expect the three way border wars there ever to end.

Traditional assets like diamonds and gems can already be manufactured in pressure boilers. That tech will only increase. Rare Earth minerals will only get rarer, gold and silver supplies needed for the electronics industry will fight against its monetary hoarding value. Complex chemicals will have to continue to be produced in traditional industry.

Raw resources matter. Not German Engineering. The end product of Germany engineering can be snatched up in industrial espionage, and then snatched from the snatcher, till everyone can find it floating around the net. You can’t snatch 500 kilos of copper ore from a download however, or a 1000 liters of detergent if you run a community business and want to sell some goods on the local market. But in 40 years, any small business owner sitting in some former used car lot in New Delhi can print and sell in a few hours before their customers eyes a top of the line Lamborghini, a complete knockoff, exact in details, for the cist of resource acquisition.

How much for a bag of powdered copper on the international markets? Or a bag of powdered gold? Or of powdered Iron? Metallic powders can be safely microwaved (no sparks) into stable solids.

What can a country without such resources possibly trade in return? Finished goods? Ummmm… the idea of superior craftsmanship might hold for scarves and wicker chairs, but a farm tracter is a farm tracter if it can be equally competently produced in Region A over Region B from the same machine and similar printer design.

So honestly, fuck German engineering. I fully expect them to be early adopters of 4D printing, and fully expect them to show shock in 15 years as your average low level industrialists starts flooding the international markets with identical items. They will cry patent protections, but you already know from India’s example involving patented drugs, third world won’t hesitate to steal them.

Just starring at my watch, and giggling watching China build islands off of the Philippines.

You are aware, I assume, that the Eurozone followed from the EU, one is based on the existence of the other. There could not be a monetary union without a political union.

Much like all other members except Germany. They lose both political and financial sovereignty. The two are intertwined.

“Not even” the US? Engineering industry appears to have largely died (or removed) from there. Japan is a very strong match for Germany in industrial respect. Their cars are known to be stronger than German ones, though not, of course, quite as nice. South Korea is another first rate engineering nation.

This was not the point I tried to make though - but this is the way discussions are usually progressing here, probably everywhere online - - away from what matters.

Do you know Bismarck? I suppose you do, in your way. But I don’t suppose you have understood my point about his enduring strategies. I don’t think it’s a popular view to see Hitler as a mere consequence of Bismarck, but that is how it is. He followed from Prussian political philosophy, as did Merkel.

Have you been to Germany? If so, what’s your human experience of it? What about other Euro-countries? Can you respond to my actual point?

US engineering went military.
Commercial engineering (cars) went consumerism.

Yes, that is of course true. In that domain I very much doubt that the Germans are more sophisticated. I do know that South Korean industry is intimately intertwined with US military industry. Samsung being a key player between them, producing their phones and tv’s for consumer market to serve intelligence aims, but also producing high end military equipment for US interests in Asia.

It would be interesting to compare German high end engineering to US military engineering, though I would have no idea how.
In terms of military technology, France still seems to be a significant player as well, even though that notion might make a lot of people laugh. And then there is Israel.

The general point that can be discerned here is that virtually all sophisticated industrial capacities are employed to nihilistic ends, which is Bismarck through and through. There is very little will to match the capacity. Military investment does not represent will, but rather its lesser cousin, fear. No one has the guts anymore to actually build something great and inspiring.