Public debt: bankruptcy of Greece ... who's next?

Current Economy and Sustainable Development-compatible? GDP growth (at all costs), economic development, inflation ... How concillier the current economy with the environment and sustainable development.
humus
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Re: Public debt: bankruptcy of Greece ... who's next?




by humus » 16/08/21, 15:47

izentrop wrote:I didn't know where to put this, but in Lebanon it's a disaster ...

I don't know about you, but it smacks of the programmed decline in the world population: Lebanon, Afghanistan, Covidistan, Vaccinistan ...
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Re: Public debt: bankruptcy of Greece ... who's next?




by Remundo » 16/08/21, 16:20

humanity is crazy anyway.

technological progress does nothing, we can even think that it increases the disaster.
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Re: Public debt: bankruptcy of Greece ... who's next?




by humus » 16/08/21, 16:35

The future of humanity remains undetermined, because it depends on it.
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Re: Public debt: bankruptcy of Greece ... who's next?




by Ahmed » 16/08/21, 16:39

Remundo, this is a hasty generalization and it would be better to write "the greater part of humanity". Technological progress accentuates inequalities by definitively disqualifying peripheral countries (named above) and causing chaos there.
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Re: Public debt: bankruptcy of Greece ... who's next?




by Christophe » 15/06/22, 08:38

In 6 months, France's 10-year borrowing rate went from 0 to 2.24% and Italy's from 0.9 to 4.08%!

1/ the debt burden will increase in the years to come -> more taxes?

2 / the #ECB, which has 8000 billion euros in bonds, is suffering huge losses!

3/ Macron will have to choose between more taxes or more budgetary austerity

4/ The #ECB distributed its earnings to the States in previous years.
Will it make the States pay for its losses in 2022? These are tens of billions of € at the level of France!

Discussion with living room economists on the risk of borrowing at low rates:

- The State must go into debt because it costs nothing
- what do we do if rates go up (since we have to roll over the debt at maturity)?
- you worry too much, the rates will never go up!


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As barker with the debt as with the covid or Ukrainian figures...
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Re: Public debt: bankruptcy of Greece ... who's next?




by Obamot » 15/06/22, 09:25

“The economy is improving”

That's really a big lie, you have to say it quickly...

What happens when rates are negative? Without wanting to be categorical, companies invest since the money no longer brings in anything, suddenly there will be less investment and the unemployment rate could well increase...
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Re: Public debt: bankruptcy of Greece ... who's next?




by Christophe » 15/06/22, 10:20

Obamot wrote:“The economy is improving”

That's really a big lie, you have to say it quickly...


It was before the war in Ukraine and the Mayor and Macron "destroyed" the economy Russian French : Mrgreen:
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Re: Public debt: bankruptcy of Greece ... who's next?




by Obamot » 15/06/22, 16:58

It's a bit like the Western trap of "market economy” had closed in on those who stretched it...

By dint of calculating everything on the tidal wave, the totalitarian market system is the one that apparently loses its resilience first. Not to say that with such fragility of energy dependence: we are made like rats.

I remember that the main scribe of the paradigm is also one of the most vulnerable (the USA), they who had come to mess up the Middle East - in particular to introduce political instability there, to try to trap Russia for the first time, and secondarily to de facto prevent Desertec from happening. It would be quite comical if the Russians and Chinese now invest in Arab countries and revive the project — bringing the “political stability“those who have no disputes with these countries! They have the industrial know-how to make it happen! Direct current high voltage lines could be built in parallel with pipelines(?).

Market power will become market dependency.

I also remember that for decades, our countries gargled with the terms "security of supply”. Or when economists thought they were intellectuals (mwouahahahahahahahahahaha....)

Poets... Although Jancovici devoted his career to explaining it to us, who listened to him except here? Not many people! This security hardly existed (it is even illusory according to Ahmed's point of view, not to say a virtual fantasy) : Mrgreen: and there we are locked in, the West has its nose in its dogmatic "case-case", its ... paradigm,
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Re: Public debt: bankruptcy of Greece ... who's next?




by Obamot » 23/07/22, 12:12

This time, it's done! The Goldman-Sachs mafia colt:
Draghi definitively ejected thanks to... Berlusconi!


?
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Re: Public debt: bankruptcy of Greece ... who's next?




by GuyGadeboisTheBack » 23/07/22, 16:18

Not really. He is a candidate for the senatorial.
https://www.ilgiornale.it/news/politica ... 53341.html
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