Greek Bailouts and such... :: World of Warcraft

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#1 Nov 02 2011 at 10:26 AM Rating: Excellent

someproteinguy

Meat Popsicle

13,666 posts

Greek Bailouts are going to get voted on now I suppose. If I was among those who spent the last couple of weeks trying hammer out a deal I'd be storming around my office rather upset with life. I'm all for democracy and stuff, but I'm left wondering if this was really the best of ideas given the circumstances.

What are your thoughts?

Just a political ploy by a politician to try and keep power.:		2 (11.8%)
EU's own fault for ignoring the warning signs about Greece when they let them join the Euro.:		10 (58.8%)
Not as big of a deal as people make it out to be.:		2 (11.8%)
Something else entirely.:		3 (17.6%)
Total:	17

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#2 Nov 02 2011 at 10:33 AM Rating: Excellent

Demea

Official Shrubbery Waterer

14,659 posts

I've long been of the opinion that the EU monetary union is kind of nice for tourists, but directly subjecting your currency to the fiscal policy choices of other sovereign countries is just folly, and the situation in Greece (and Spain, Portugal, Italy, and to a lesser extent Ireland) is a perfect example of why.

Which sucks, because the entire world will feel the repercussions when (not if) Greece defaults.

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#3 Nov 02 2011 at 10:44 AM Rating: Excellent

Jophiel

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Liberal Conspiracy

TILT

I suspect the EU (or economic zone or whatever technical term this falls under) is a bit like NATO: Spread out a little too fast and accepted some less than qualifying people because more people = more immediate clout.

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Wow. Regular ol' Joph fan club in here.

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#4 Nov 02 2011 at 11:45 AM Rating: Good

Debalic

Prodigal Son

20,643 posts

Democracy was BORN in Greece dammit! Who are we to tell them how to run the process?!

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we all know liberals are well adjusted american citizens who only want what's best for society. While conservatives are evil money grubbing scum who only want to sh*t on the little man and rob the world of its resources.

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#5 Nov 02 2011 at 11:49 AM Rating: Good

Elinda

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Skelly Poker Since 2008

16,781 posts

Personally, I think the idea to bring the question to referendum is kind of savvy. It forces the Greek people to really decide if they want to be in the EU or not. If they do, then they have to quit ******** about, and even support, the bail-out and subsequent austerity measures.

Edited, Nov 2nd 2011 7:50pm by Elinda

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#6 Nov 02 2011 at 12:10 PM Rating: Excellent

lolgaxe

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+1

50,767 posts

Debalic wrote:

Democracy was BORN in Greece dammit!