Originally posted by: Stryk
Originally posted by: Aria Giovanni.pZ
http://www.bbc.co.uk/news/business-14977728
summary on the road ahead for Greece, EU and THE WORLD.
hmmmm....it's like stirring shit using a decayed carcass
There's one option missing.
Dissolve the EU as much as possible to limit the spread of damage.
to be honest, I find that appealing for now, the reason? it is unclear to me how it would affect me personally
Obviously there would be major shifts everywhere...imagine a situation where the US Dollar ceases to exist over night, to be replaced by 12 different currencies.
Sort of like that, not exactly, but sort of.
the second option from right to left...notice "military coup". What would this accomplish? order, discipline, long term...not much more. The cash economy there is HUGE, peeps are going all cash so as not to declare income, in order to NOT pay the increased taxes. Only way you can counter this as a gvt is going the POrtugal way...a flat fee per filing return and call it a day. That would hurt the poorest the most, the richest the least. Portugal did 550 euros, I think....it's not huge, but there is no guarantee it wont turn into a habit, 550 this month, then 480 next, then 650 on whenever...etc etc etc.
These time are as interesting as the days when NAFTA was being born, when the EU currency started 'trading', when the Berlin wall fell, and when the German Unification Master Plan was announced (move the capital etc etc).
All eyes are on Greece, chicken game is ON. First to blink pays for the broken china.
Post edited by Aria Giovanni.pZ at 10/2/2011 1:06:37 PM