Germany is making big gains from Greece's misery

Discussion in 'The War Room' started by Orgasmo, Aug 10, 2015.

  1. Orgasmo

    Orgasmo Silver Belt

    Joined:
    Dec 13, 2013
    Messages:
    10,090
    Likes Received:
    14,240
    Location:
    Vancouver, BC, Canada
    Basically people around the world are flooding Germany with money to shelter their investments, reducing the borrowing interests. The longer Greece remains destabilized economically and socially, the longer Germany can reap the benefits.

    http://www.ibtimes.com/greek-debt-c...an-taxpayers-will-come-out-ahead-says-2046493
     
  2. PEB

    PEB Atomic Butt Drop Champ :)

    Joined:
    Jan 20, 2004
    Messages:
    16,346
    Likes Received:
    16,232
    Location:
    SPACE THE FINAL FRONTIER :)
    That does not even count the gas leases they gain through this complex deal. It turns out that Greece is sitting on some natural gas deposits and Qatar is helping them in getting it out of the ground. No telling the size of the NG deposits but could be significant.
     
  3. Count Zero

    Count Zero Twisting Nether

    Joined:
    Apr 26, 2009
    Messages:
    8,822
    Likes Received:
    16,975
    Location:
    Underneath the veil
    Wow, very interesting. Wonder if the average German realizes this
     
  4. Rex Kwon Do

    Rex Kwon Do ál-ḥámdúlílláh

    Joined:
    Nov 10, 2005
    Messages:
    14,123
    Likes Received:
    122,564
    Location:
    Tíshník
    Damn, those Germans sure are smart. Ubermenschen, indeed.
     
  5. Rod1

    Rod1 Titanium Belt

    Joined:
    Jul 19, 2010
    Messages:
    47,187
    Likes Received:
    33,418
    Location:
    Sonora, Mexico.
    Realizes what? that in times of financial uncertainty investors look for strong economies? that has squat to do with Greece, a lot of it has to do with oil prices too
     
  6. Orgasmo

    Orgasmo Silver Belt

    Joined:
    Dec 13, 2013
    Messages:
    10,090
    Likes Received:
    14,240
    Location:
    Vancouver, BC, Canada
    It puts a dent into the popular belief held by German public that Greece is taking them for a ride. The reality is almost the other way around, where Germany has a vested interest in keeping Greece in the hole as long as possible to maximize economic advantage.
     
  7. Gandhi

    Gandhi War Room Deep State Platinum Member

    Joined:
    Oct 24, 2003
    Messages:
    19,779
    Likes Received:
    13,293
    Location:
    MTL in ORLANDO
    Wait so becuase Germany is seen as a safe heaven, they should give some of the related savings back to Greece? By that logic the USA should fund every banana republic out there because they are making them look so good by comparision.

    I am sure if germany followed that advice they would not be seen as the safe place for longs.

    So we have a theoretical savings calculation of 100b over the very real loss of 90b in debt to Germany and another 220b in debt to the rest of Europe, as well as the knock off economic effects that the write off of the debts would have on European demand, and this hardly a open and shut incentive for Germany to destabilize Greece.

    Edit: I am actually a bit conflicted on this one. German is a safe haven thanks to in no small part to the austerity it has imposed (ie lower borrowing costs becuase the rest of Europe is sucking). I don't think it's in Germany 's interest to kill Europe economically.
     
    Last edited: Aug 10, 2015
  8. Arkain2K

    Arkain2K Si vis pacem, para bellum

    Joined:
    Dec 6, 2010
    Messages:
    27,740
    Likes Received:
    20,330
    I don't say this often, but the OP reeks of Socialism.

    I'm sure Venezuela would love this kind of story though.
     
  9. Rod1

    Rod1 Titanium Belt

    Joined:
    Jul 19, 2010
    Messages:
    47,187
    Likes Received:
    33,418
    Location:
    Sonora, Mexico.
    No, it doesnt, Germany didnt caused the global recession.

    European crisis, low oil prices and China slowdown did. Also the big winner here is the American dollar.
     
  10. SakuMemories

    SakuMemories Purple Belt

    Joined:
    May 18, 2015
    Messages:
    1,851
    Likes Received:
    71
    Location:
    Yurp
    This is pretty dishonest and shameful.

    Germany -allegedly- cashing on 100bn does not negate the fact that Greece took the Eurozone for a ride.

    The global recession was not caused by Germany, however they benefited by being the most stable economy and thus keeping their government bond yields low. Should they be punished for keeping their shit together? Should we hate them for succeeding? At the same time, Greece took them for a ride since they happened to be in the same union and thus could be afforded to be saved by their rich neighbours.

    I mean the dollar is also a winner in this mess, I guess the USA is to blame for "keeping Greece down" too?

    Anyway this is politically-ideologically motivated bullshit, served to the dumbest segments of society. People that don't understand cause and effect and simply want to find someone to blame (anyone except themselves).
     
  11. SirDiddymus

    SirDiddymus Banned Banned

    Joined:
    Apr 16, 2013
    Messages:
    1,972
    Likes Received:
    13
    Location:
    The center of the Labyrinth
    Greece fucked themselves, so who gives a shit if Germany makes bank bailing their worthless asses out, while having their own shit in order????

    The victim mentality in Greece almost beats Israel
     
  12. Ultrashogun

    Ultrashogun Red Belt

    Joined:
    Jan 1, 2004
    Messages:
    7,587
    Likes Received:
    178
    Location:
    Europe
    Im totally with you man. Im German and I live in Italy, the mentality of these people is totally sick. The systems in south Europe are totally fucked up, corrupt and inefficient yet the public opinion is that somehow Germany caused all this clusterfuck and therefore should bail everyone out.

    It was the same shit when the crisis started a few years ago, everyone always pointed out how Germany was profiting from the weak Euro.
     
  13. SakuMemories

    SakuMemories Purple Belt

    Joined:
    May 18, 2015
    Messages:
    1,851
    Likes Received:
    71
    Location:
    Yurp
    I'm Greek living in Germany so we are almost the opposite of one another.

    It actually angers me how much hate the media has injected against Germany. Literally everyone I know (with whom I can converse on a serious level) hates Germany. Like real, raw, visceral hatred. I'm talking about dozens of people that I spent time with and grew into adulthood together, they are all on the anti-Germany hate train. Its fucking insane. Even the expats here, anyone from the South, probably hates Germany.

    Greeks are pathetic in the sense that we need to invent a new national enemy every few years. We hate the Turks, no we hate the Macedonians even more, no the Americans is who we really hate, actually now its Germany who is the Great Enemy. Every couple of years it changes. Fuck that shit.

    Of course if you say anything against this, you are a "self-hater" who "hates his country" because apparently by virtue of being born we owe allegiance to an abstract idea some morons came up with.

    Anyway end of rant, people hating on success really pisses me off, esp since my own country failed and the more they keep hating the slimmer the chances of recovery are.
     
  14. Medusas Weave

    Medusas Weave Blue Belt

    Joined:
    Mar 22, 2015
    Messages:
    943
    Likes Received:
    16
    Cool, at least someone is profiting off this and might as well be Germany.
     
  15. Toastytoy

    Toastytoy Brown Belt

    Joined:
    Jul 15, 2008
    Messages:
    3,734
    Likes Received:
    1,255
    Location:
    Chicago
    the grreek people that i talk to at work mostly seem to hate germany. Not dumb people either, there was a greek doctor i talked to a week ago who said she would never hire a german person ever again.
     
  16. Harmonica

    Harmonica Strong, silent type

    Joined:
    Jul 10, 2014
    Messages:
    9,986
    Likes Received:
    13,327
    LOL, it's pretty much the same here in Serbia, with the exception of majority of us marking Vatican and Illuminati as the real enemy of "our martyred people". We actually have pseudo-historians who published books claiming how Alexander the Great and many other notable men from history were Serbs but the west is trying to hide these facts from us so we can never take our rightful place as the oldest among peoples of the world. Yes, I am being serious.

    The second paragraph is also a good representation of how things are here but we prefer the word "auto-chauvinist" when talking about people who hold critical views our country.
     
  17. Rod1

    Rod1 Titanium Belt

    Joined:
    Jul 19, 2010
    Messages:
    47,187
    Likes Received:
    33,418
    Location:
    Sonora, Mexico.
    Depends on how success is achieved.
     
  18. TheMMAn

    TheMMAn Guardian of Masculinity

    Joined:
    Jan 6, 2006
    Messages:
    7,983
    Likes Received:
    14
    Location:
    War Room Warriorville
    i don't believe this thread is unfolding as TS envisioned...
     
  19. IIIIIIII

    IIIIIIII Titanium Belt

    Joined:
    Nov 28, 2006
    Messages:
    39,672
    Likes Received:
    13,888
    thank you! this victim-mentality that greece has is despicable.
     
  20. SakuMemories

    SakuMemories Purple Belt

    Joined:
    May 18, 2015
    Messages:
    1,851
    Likes Received:
    71
    Location:
    Yurp
    Hey there, of all people here I expected you'd be able to relate the most.

    Marx should have really said "history is the opium of the people". I mean religion is too, but the lengths that people go to create a collective fiction in order to cope with reality is fascinating. Well, not fascinating, more like psychopathic. I believe that in the future we will be looking back at nationalism as some kind of mental illness.

    How would that happen (in Chicago)? In any case, you can see how racist Greek people are. What's worse is that they don't even have the sense to hide it. Dumb bitch could end up with a nice lawsuit on her hands, if rejecting people based on nationality is illegal.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.