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.
Christophe
Moderator
Moderator
posts: 79121
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 10973

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




by Christophe » 06/05/10, 13:15

The Greek "bankruptcy" is apparently (I did not understand everything) strongly linked to the public debt of Greece, except we are ALL in state debt. The same thing hangs in our face, Greece may only be a "test" ... so whose next turn?

About 40% of our taxes now go to debt repayment! Seguin is one of the few policy has to have publicly confessed: https://www.econologie.com/philippe-seg ... -4146.html

So I auto quote a summary message about public debt (organized scam) from this: JOIN-au-pbs-the-party-of-good-sense-t6158.html

Yesterday there was 3 died during the riots in Greece.

Christophe wrote:I found the video of Seguin !! See here: https://www.econologie.com/philippe-seg ... -4146.html

Seguin does not say 50% but he says "the priority will go to the repayment of the debt" ...

Debt that I recalled is mathematically refundable because the interests of the game !! So currently paying the interest is nothing more or less than organized theft of taxpayers by the financial "system"!

Image

In fact this is the biggest scam of all time ... and I wonder what the bankers of all that money!?!?!

http://fr.wikipedia.org/wiki/Dette_publique

Ca also found:

Image

Article-104-maastricht-the-scam-of-the-debt-t6156-30.html

"Everyone" knows it and no one does anything ... how far will that go ???

In fact public debt and oil depletion have this common point in the sense we know it's going to necessarily explode one day but that policy is now too cowardly to tackle it seriously!

Me I'm wrong?


Read:
https://www.econologie.com/l-escroqueri ... -3920.html
Article-104-maastricht-the-scam-of-the-debt-t6156.html
JOIN-au-pbs-the-party-of-good-sense-t6158.html
0 x
User avatar
swift2540
Éconologue good!
Éconologue good!
posts: 383
Registration: 04/08/08, 00:48
Location: Liege
x 1

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




by swift2540 » 06/05/10, 14:55

Christophe wrote:The Greek "bankruptcy" is apparently (I did not understand everything) strongly linked to the public debt of Greece, except we are ALL in state debt. The same thing hangs in our face, Greece may only be a "test" ... so whose next turn?


From what has been said in this issuance
http://www.france5.fr/c-dans-l-air/index-fr.php?page=resume&id_rubrique=1427
(It is available only 15 days after passing the tv)
the Greek state spends € 40bn per year and "earns" only € 20bn.
So much for the deficit.
As for the next, tjs after the show, it was Portugal and Spain ...

New Issue on Greece now on France5, available on the Internet at 20H.

The French problem, I do not know ...
0 x
Sometimes it is better to stop, reflect, and ask the right questions ...
dedeleco
Econologue expert
Econologue expert
posts: 9211
Registration: 16/01/10, 01:19
x 10




by dedeleco » 06/05/10, 16:57

Predicted catastrophe for more than one year (end 2008) and we will become dependent on the goodwill of Chinese who hold our debt via the USA and can do what they want, even sawing the branch on which they sit, their work we sell on credit !!!!!

For a glimpse of what awaits Britain, Europe, and America, look at what is happening to Ireland
http://www.globalresearch.ca/index.php? ... &aid=14734
Great Power Rivalry. China's Role as America's Credito
http://www.globalresearch.ca/index.php? ... &aid=18516

http://www.globalresearch.ca/index.php? ... &themeId=2
http://www.globalresearch.ca/index.php? ... &aid=18545
http://www.globalresearch.ca/index.php? ... &aid=19012
http://www.globalresearch.ca/index.php? ... &aid=18809
http://www.creditwritedowns.com/2009/02 ... ssets.html
http://www.globalresearch.ca/index.php? ... &aid=16562
Financial Terrorists "are Destroying the US Economy
They Will Pay Zero in Taxes, and Get $ 33 Billion in Refunds
http://www.globalresearch.ca/index.php? ... &aid=18746


I fear that the misfortune of idle are right !!!!


Purpose do not worry, if you thought the past two years Were bad, the history books will recall em have a walk in the park Compared to What is coming our way. You do not-have trillions Looted from the economy and continues to just keep going about your life business as usual. I wish I was wrong, and I wish this was just my opinion, objective facts are facts and societal and every economic indicator says things are going to get worse, MUCH WORSE.



http://www.globalresearch.ca/index.php? ... &aid=17533
http://www.globalresearch.ca/index.php? ... &aid=17659
http://www.globalresearch.ca/index.php? ... &aid=14682
0 x
Christophe
Moderator
Moderator
posts: 79121
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 10973

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




by Christophe » 06/05/10, 17:22

swift2540 wrote:The French problem, I do not know ...


Here it is in a picture, sorry I failed to mention that it was the French debt:

Image

If you read it rose about 100 2007 and 2008 billion between ...

ps: I'm not sure that all the responsibility is on China ...
0 x
User avatar
Napo dwarf
I understand econologic
I understand econologic
posts: 180
Registration: 04/03/10, 10:43
Location: Somewhere over the rainbow




by Napo dwarf » 06/05/10, 17:44

the problem of France is that it helps everything and anything was heavy and pompous hyper infrastructure labor
there's just see our public services so frankly approaches and other public markets were less boring Would there need fewer staff so fewer officials

you must restart the work on the land, hunting the waste, do a hunt for fraudsters, and especially the state stop spending money it does not.

we can not afford not done it. If our country was not led by ENA graduates, there's a long time since the deficit would negatively derivative curve :?

but why in times of crisis not, must accept to have a little less good roads, accept to space out major projects and whether it is really necessary to have military equipment in less quantity but in better condition. ..
0 x
Of all those who have nothing to say, the nicest are those who are silent
User avatar
sen-no-sen
Econologue expert
Econologue expert
posts: 6856
Registration: 11/06/09, 13:08
Location: High Beaujolais.
x 749




by sen-no-sen » 06/05/10, 18:07

As Coluche said:"Politicians are not stupid, in fact they do it on purpose"

indebtedness is wanted, the more a country is indebted the more it must provide "guarantees" to its "lenders".
This is nothing less than a form of mortgage in the country, with the aim of privatization of public services and strategic sectors (water, energy, transport, health etc ...).
Note for example that based motorway tolls were served to partially fund pensions ... balance it all: privatization and increased prices without consideration ...
Pensions are the same, the government is conditioning us to believe that we will have to work longer to get a pension, today we are talking about 62 years, after that it will be 65 then 70 then nothing ... the goal being also to "push" people to subscribe to pension funds ... to further enrich financial groups.
0 x
"Engineering is sometimes about knowing when to stop" Charles De Gaulle.
Ahmed
Econologue expert
Econologue expert
posts: 12298
Registration: 25/02/08, 18:54
Location: Burgundy
x 2963




by Ahmed » 06/05/10, 19:19

Soon, a great show not free at all: "The third world, as if you were there!".

An interesting article from CADTM: http://www.cadtm.org/Le-sens-de-la-crise-grecque
0 x
"Please don't believe what I'm telling you."
User avatar
sen-no-sen
Econologue expert
Econologue expert
posts: 6856
Registration: 11/06/09, 13:08
Location: High Beaujolais.
x 749




by sen-no-sen » 06/05/10, 19:41

Ahmed Excellent article!

That sums up the situation perfectly, these famous "austerity plans" are a real mystification, all of its measures go in a very specific direction:control of nations through financial entities that have no accountability to citizens.

In summary austerity for the people, and prosperity for financial markets.
0 x
"Engineering is sometimes about knowing when to stop" Charles De Gaulle.
Christophe
Moderator
Moderator
posts: 79121
Registration: 10/02/03, 14:06
Location: Greenhouse planet
x 10973




by Christophe » 07/05/10, 09:20

+1, a pity on the other hand that your is "a bit coconut" because that makes him militant and makes him lose (a little) of his credibility

The term "the (implicitly villainous) capitalists" recurring several times.

Otherwise it's a very good article to understand the consequences of public debt ...
0 x
User avatar
Pascal HA PHAM
Grand Econologue
Grand Econologue
posts: 1461
Registration: 30/01/06, 14:56
Location: sun
x 25

red light on the dashboard GREEK?




by Pascal HA PHAM » 07/05/10, 09:34

Hello...

yes it tickles, and what is ratatouille? :

".....

feverishness
And crisis of confidence
In the world
Clairvoyance

Crystal ball

Madame Sun
Transforms
Sometimes hot potato
Sometimes in spineless wimp

depending
Of the market
And all things considered

After imposing
His hands
On his tool

Another…

Madam Irma
declared

"Adam's apple
remain seagull
To the bone
Faced with the crisis on the cake
And the dawn of time "

Immediately the ball,
that way
Do the lost
added

"It's 30 billion € uro cash sitting"

feverishness
And crisis of confidence
In the world
Financial clairvoyance

A bar code is now
affixed
On the small crystal dome

Around the beads shout
"We do not want these dirty hands that are necessary"

And the little red light
lights

Announcing a fed up.
To lose the ball.

As 1789 ... everything will one day end
......

Tryphon
0 x
All around my work, full videos on the web:
https://www.google.fr/webhp?source=sear ... 80&bih=672

 


  • Similar topics
    Replies
    views
    Last message

Back to "Economy and finance, sustainability, growth, GDP, ecological tax systems"

Who is online ?

Users browsing this forum : No registered users and 122 guests