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Greased Lightning

Chat about almost anything..share a viewpoint...get some wisdom..and perhaps more than you bargained for. WARNING... Post using COMMON SENSE. Jibberish and nonsensical posts belong in the PIT. Racist, Sexist and otherwise ignorant hate posts will be recorded and deleted. Repeat offenders will be banned.

Greased Lightning

Postby btb » Mon Feb 13, 2012 1:43 pm

Greece 'runs out of tear gas' during violent prοtests

Greece has issued an international appeal for more tear gas after supplies ran low because police fired so much of it during a week of violent prοtests across the country.


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Re: Greased Lightning

Postby tihZ_hO » Mon Feb 13, 2012 4:33 pm

Bye bye EU
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Re: Greased Lightning

Postby alex-hk » Mon Feb 13, 2012 7:56 pm

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Re: Greased Lightning

Postby Bobchina » Mon Feb 13, 2012 8:26 pm

Terrorist had enter the greece?
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Re: Greased Lightning

Postby btb » Mon Feb 13, 2012 8:44 pm

^^ train has left the station
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Re: Greased Lightning

Postby rickettyrabbit » Mon Feb 13, 2012 11:50 pm

Bobchina wrote:Terrorist had enter the greece?


No, just people who don't want the country to pay its debts.
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Re: Greased Lightning

Postby tihZ_hO » Mon Feb 13, 2012 11:55 pm

rickettyrabbit wrote:
Bobchina wrote:Terrorist had enter the greece?


No, just people who don't want the country to pay its debts.


Bye Bye EU Goodbye
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Re: Greased Lightning

Postby btb » Tue Feb 14, 2012 6:17 pm

http://www.nytimes.com/2012/02/19/magaz ... f=magazine


The Way Greeks Live Now


Everyone talks incessantly about the economy — about Merkel and Sarkozy and the E.U., about the tightly knit elite that has run Greece for so long and about their neighbors’ troubles and their own — but somehow everyday life rumbles on, in a collective trance, shot through with gallows humor


By many indicators, Greece is devolving into something unprecedented in modern Western experience. A quarter of all Greek companies have gone out of business since 2009, and half of all small businesses in the country say they are unable to meet payroll. The suicide rate increased by 40 percent in the first half of 2011. A barter economy has sprung up, as people try to work around a broken financial system. Nearly half the population under 25 is unemployed.


The situation at the macro level is, if anything, even more transformational. The Chinese have largely taken over Piraeus, Greece’s main port, with an eye to make it a conduit for shipping goods into Europe. Qatar is looking to invest $5 billion in various projects in Greece, including tourism infrastructure. Other, relatively flush Europeans are trying to make “Greece the Florida of Europe,


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Re: Greased Lightning

Postby btb » Thu Feb 16, 2012 1:37 pm


Greece’s economy shrank at an annual 7 per cent rate in the last quarter of 2011 as the recession deepened, following a 5 per cent decline in Q3, flash estimates by the country’s statistics service (ELSTAT) showed on Tuesday.

The projection, based on seasonally unadjusted data, means the economy contracted by an average 6.8 per cent for the whole of 2011, more than earlier estimates of 5.5-6 per cent.

The size of the contraction will make it harder to meet revenue targets to cut the country’s budget gap.”



bailout no 10002 will be needed
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Re: Greased Lightning

Postby btb » Thu Feb 16, 2012 2:24 pm

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Re: Greased Lightning

Postby btb » Wed Feb 22, 2012 10:45 am


“They don’t want to kill us but keep us down on our knees so we can keep paying them indefinitely,” said Eva Kyriadou, 55, as she stood in a square in downtown Athens where the smell of tear gas and the smashed facades from last week’s violent riots still lingered.

“They took off 100 billion, but now we took a new loan for 130 billion. Why would we do that? It’s crazy.”

While their country’s fate is being decided in abstract, high-level negotiations in Brussels, Berlin and Paris as much as in Athens, many Greeks said they had begun to feel that the debt writedown and new loan is aimed at saving the banks more than the country and its citizens.



http://www.nytimes.com/2012/02/22/world ... ml?_r=4&hp



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Re: Greased Lightning

Postby tihZ_hO » Wed Feb 22, 2012 7:07 pm

btb wrote:

“They don’t want to kill us but keep us down on our knees so we can keep paying them indefinitely,” said Eva Kyriadou, 55, as she stood in a square in downtown Athens where the smell of tear gas and the smashed facades from last week’s violent riots still lingered.

“They took off 100 billion, but now we took a new loan for 130 billion. Why would we do that? It’s crazy.”

While their country’s fate is being decided in abstract, high-level negotiations in Brussels, Berlin and Paris as much as in Athens, many Greeks said they had begun to feel that the debt writedown and new loan is aimed at saving the banks more than the country and its citizens.



http://www.nytimes.com/2012/02/22/world ... ml?_r=4&hp



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Re: Greased Lightning

Postby btb » Wed Feb 22, 2012 11:42 pm

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Re: Greased Lightning

Postby tylerdurden » Wed Feb 22, 2012 11:55 pm

btb, are you a Greek-American? Just wondering.
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