Strikes here and riots in Greece

[dave50]

All these people opposed to any spending cuts whether in the UK or anywhere else dont seem to suggest any alternative. It seems they just want to bury their heads in the sand and hope it all goes away. It's time they faced up to reality, most of Europe is skint.

[Zeuhl]

People in Greece don't want to be landed with more repayments for further large bale-outs that are in reality going straight back to the (mostly German) bankers without touching the sides.

[Canary42]

The reality is that the rich (who caused the problem in the first place) are still coining it in at the expense of the less fortunate.

[I.Don No]

canary42....

unfortunately that is the way of the world.

[modeller]

Unfortunately its not just the bankers , millions of ordinary people borrowed money which they could never pay back , encouraged by the banks, the building societies and the governments. We saw property increase in price by a 100 fold over a period of 50 years. We all saw it coming , the bubble would burst . It's surprising it lasted as long.

zeuhl // going straight back to the (mostly German) bankers without touching the sides. //
It's not going back to the bankers it's the German taxpayers who will pay for it . The bankers will only get the interest .
Just like us paying for the RBS bail out with our jobs and taxes.

If you want to blame someone then blame our governments who failed to control unrestricted credit.

It's too late now all the strikes in the world are not going to do any good
we are bankrupt.

[CanisMajor]

Standard Socialism, "cut everyone except me"!

[jamesnan]

Since I read an article which stated that many people retire at 50 years in Greece, and the pubic transport system is free, and that the majority of wealthy people do not pay taxes because they manage to get out of it by lying, I no longer have any sympathy for the population

[emmie]

many in Greece are responsible for these own problems, 40 percent of the work force work in the public sector, large scale corruption, tax dodgers right across the board, tourism, and shipping two main industries, and not facing up to the fact that their economy has been in freefall for a long time.

[emmie]

courtesy of greek friend.

[DrFilth]

they do have the nice weather over there for a demo

[emmie]

they do, been many times, but its a country that needs some urgent medical care, and just putting a bandage on it won't help. The people don't see that by finding endless ways to dodge paying tax can have serious implications for financial stability, no money, no goods, nothing gets built or done. 40 percent in public sector means huge wags, pension bill, where do you get the money from

[emmie]

wags indeed, should of course be wages, sometimes the typos are a bonus, ha