How Much More Can The Greeks Take Before They Do See Sense And Leave The Euro?

[youngmafbog]

it's not over yet.

The country is no longer on its knees, it is flat on its face and still they persist with the failed Euro experiment.


http://www.dailymail.co.uk/news/article-3183704/Greek-stock-exchange-plunges-22-just-MINUTES-market-opens-time-five-weeks-desperate-traders-race-sell.html

[Svejk]

I could see a return of the Generals. I'm sure it's a question of when and not if they leave the EU.

[ukbod2015]

I was never really convinced that a lot of the newer countries could actually meet the necessary financial standards to qualify.

[Svejk]

Did you see this, ymb?
http://www.spiegel.de/international/europe/plans-for-euro-zone-tax-take-shape-in-berlin-and-paris-a-1045868.html

I started a thread about it but it got lost in the Calais threads/non-threads.

[Peter Pedant]

The Greek govt colluded with the Greek Central Bank
and came up with some real bubble and squeak ....
sorry rhyming slang

rubbish.... which allowed them to join .....

anyway the Greek population like the Euro - they dont want to pay things like taxed and they DO want the Germans to pay their inflated pensions

so what is different ?

[New Judge]

This drop was well forecast. The Greek stockmarket has been closed for five weeks and it is just a sympton of the dire straits in which the country finds itself.

The euromaniacs will simply not admit to the folly of their ways with the single currency. They've fooled everybody into believing the Greek crisis is over. It's far from that. Already the IMF is making waves about Greece's ability to comply with the conditions of their latest bailout. The Greeks themselves, having seen their decision to reject the bailout terms ignored by their government, will certainly find that decision hard to bear. Of course they must take a lot of the blame because many of them persist with the idea that their economy is capable of using the euro.

There's trouble ahead, make no mistake.

[brionon]

Only twice ? Now there's inflation !

[Gromit]

The Euro is the only thing keeping Greece afloat, they are not going to abandon it. They are going to cling on to it.
No one is surprised that the markets reacted like this when they re-opened.

There won't be a military coup. The population blame the EU and IMF, not the Greek Government.

[sevenOP]

Gromit:-> " The Euro is the only thing keeping Greece afloat, they are not going to abandon it. They are going to cling on to it. "

It may be their only shield(€) against the financial hyenas finishing them off.