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Big Trouble Ahead

245

Comments

  • Closed Accounts Posts: 3,870 ✭✭✭Corsendonk


    I in 4 greeks don't pay tax at all, tax dodging seems to be the national past time.


  • Closed Accounts Posts: 16,391 ✭✭✭✭mikom


    Corsendonk wrote: »
    I in 4 greeks don't pay tax at all, tax dodging seems to be the national past time.

    "It isn't the Greeks, it's the Chinese he's after."


  • Registered Users, Registered Users 2 Posts: 4,934 ✭✭✭goat2


    Greece are likely to default which will have major ripples here and across the world, this is a another Lehmans in the making.
    Wanna see what happens when Greece defaults :http://www.cnbc.com/id/43425042
    Excuse me if i sound thick, but what will it mean to us if greece go down, a few nights ago on one of the english news channels, they were saying if we go down, it will have big implications for great britain, but what will it really mean to us if greece default


  • Registered Users, Registered Users 2 Posts: 593 ✭✭✭DERICKOO


    Corsendonk wrote: »
    I in 4 greeks don't pay tax at all, tax dodging seems to be the national past time.


    If you vote for me i will give you a job in the local council sweeping the roads and you can retire at 60 how,s that.

    Can I have one tooo.


  • Registered Users, Registered Users 2 Posts: 2,538 ✭✭✭Radharc na Sleibhte


    Wont interest rates go through the fcuking roof?


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  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    Wont interest rates go through the fcuking roof?

    That will mean **** all if no one can afford to pay them.


  • Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    Corsendonk wrote: »
    I in 4 greeks don't pay tax at all, tax dodging seems to be the national past time.
    Aaa' well, the tax collectors must have slipped up there in Greece!


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    Biggins wrote: »
    Aaa' well, the tax collectors must have slipped up there in Greece!
    I'll pass you yer coat.........:pac::pac:
    The slippery path to a Greek tragedy.


  • Closed Accounts Posts: 3,870 ✭✭✭Corsendonk


    DERICKOO wrote: »
    If you vote for me i will give you a job in the local council sweeping the roads and you can retire at 60 how,s that.

    Can I have one tooo.

    That sums up the greek economy.

    Meanwhile back at the ranch the Chinese have their own problems with inflation increasing and state officials starting to get too greedy


    BBC News Website
    Thousands of corrupt Chinese government officials have stolen more than $120bn (£74bn) and fled overseas, mainly to the US, according to a report released by China's central bank.

    Between 16,000 and 18,000 officials and employees of state-owned companies left China with the funds from the mid-1990s up until 2008.

    The officials used offshore bank accounts to smuggle the funds, according to the study posted on the People's Bank of China website this week but which has since been removed.

    It said the officials smuggled about 800 billion yuan into the US, Australia, Canada and Holland through offshore bank accounts or investments, like property or collectables.

    The stolen funds were covered up by disguising them as business transactions by establishing private companies to receive the money transfers.

    The study said corruption inside China was severe enough to threaten the nation's economic and political stability.


  • Closed Accounts Posts: 1,990 ✭✭✭JustAddWater


    I dont care so long as I can have a go at the Greeks!

    They invented gayness


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  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    I dont care so long as I can have a go at the Greeks!

    They invented gayness

    You don't need to go that far if you want a go at someone gay.:D


  • Registered Users, Registered Users 2 Posts: 7,711 ✭✭✭stimpson


    I dont care so long as I can have a go at the Greeks!

    They invented gayness

    Damn. Beaten to it.

    Feckin Greeks.


  • Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    I dont care so long as I can have a go at the Greeks!

    They invented gayness
    Wot?
    Before or after tea time?


  • Registered Users, Registered Users 2 Posts: 3,266 ✭✭✭Richard tea


    I really dont see what the big fuss is about. Sure didnt we vote yes to the Lisbon treaty..........the job are coming:)


  • Registered Users, Registered Users 2 Posts: 16,382 ✭✭✭✭greendom


    goat2 wrote: »
    Excuse me if i sound thick, but what will it mean to us if greece go down, a few nights ago on one of the english news channels, they were saying if we go down, it will have big implications for great britain, but what will it really mean to us if greece default

    Well I'm no expert but I would imagine that eventually we would have to default too as when we wanted our next bailout Europe would no longer be able to afford it.

    It would affect the European economy and could cause a big hole in our export market - the one thing showing signs of promise at the moment.

    Another crisis in the World money market would cause massive instability and major banks could fail. Apart from that not much of an impact at all. We'd barely notice it to be honest :p


  • Registered Users, Registered Users 2 Posts: 2,481 ✭✭✭Fremen



    Aren't you the guy that was claiming last year that the Icelandic supervolcano Katla was going to erupt and kill us all within a matter of months?


  • Registered Users, Registered Users 2 Posts: 4,934 ✭✭✭goat2


    Fremen wrote: »
    Aren't you the guy that was claiming last year that the Icelandic supervolcano Katla was going to erupt and kill us all within a matter of months?
    what dont kill you,,, makes you stronger


  • Closed Accounts Posts: 1,463 ✭✭✭Solnskaya


    goat2 wrote: »
    what dont kill you,,, makes you stronger
    What about Herpes?

    (I think he was the Greek god of STD's.)


  • Registered Users, Registered Users 2 Posts: 81,060 ✭✭✭✭biko




  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    biko wrote: »

    ****, now that is a serious issue.


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  • Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    I really dont see what the big fuss is about. Sure didnt we vote yes to the Lisbon treaty..........the job are coming:)
    Stop reading from the FF joke book!
    You will go blind looking at that thing! :D


  • Closed Accounts Posts: 1,473 ✭✭✭Le_Dieux


    Islamic finance is the way to go. That's why every single Muslim country is mad rich.

    Why the hell does religion have to brought into everything?? ****, can You people NOT let it go!!!

    Oh, and Yemen is mad rich??? If it's so mad rich, go live there, and take your beliefs with you


  • Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    I blame the French and the Germans


  • Closed Accounts Posts: 4,124 ✭✭✭Amhran Nua


    goat2 wrote: »
    Excuse me if i sound thick, but what will it mean to us if greece go down
    I wouldn't worry about it.

    Some are saying it means we won't be able to borrow from the markets, well so what, we can't borrow anyway.

    Others are saying the euro will collapse, well so what, those jackals are angling for state assets as security on their highly profitable loans, since we wouldn't cut the corporation tax. The free trade area will survive just fine.

    Some are saying we won't get any more money from Europe if Greece defaults, well so what, the government spends too much anyway, you get recession level pay in a recession level economy, welcome to the downslope of benchmarking. Time to cut left and right.

    Greece very much made its own bed by lying to get into the euro, then trying to hide those lies over the last ten years; it's closer to a third world country than a modern European nation.

    Our big problem right now is that the rest of Europe is trying to lump us in with Greece as feckless wasters - bottom line is we were doing alright, up until FF saddled us with the bank debts, which do not belong to the Irish taxpayer. Take away the bank debt again and we'd be in pretty decent shape, although still spending too much.

    Its a mess from top to bottom, but I don't think Greece getting its just desserts will have much of a knock on effect for us here.


  • Registered Users, Registered Users 2, Paid Member Posts: 9,436 ✭✭✭cml387


    Amhran Nua wrote: »
    I wouldn't worry about it.

    Some are saying it means we won't be able to borrow from the markets, well so what, we can't borrow anyway.

    Others are saying the euro will collapse, well so what, those jackals are angling for state assets as security on their highly profitable loans, since we wouldn't cut the corporation tax. The free trade area will survive just fine.

    Some are saying we won't get any more money from Europe if Greece defaults, well so what, the government spends too much anyway, you get recession level pay in a recession level economy, welcome to the downslope of benchmarking. Time to cut left and right.

    Greece very much made its own bed by lying to get into the euro, then trying to hide those lies over the last ten years; it's closer to a third world country than a modern European nation.

    Our big problem right now is that the rest of Europe is trying to lump us in with Greece as feckless wasters - bottom line is we were doing alright, up until FF saddled us with the bank debts, which do not belong to the Irish taxpayer. Take away the bank debt again and we'd be in pretty decent shape, although still spending too much.

    Its a mess from top to bottom, but I don't think Greece getting its just desserts will have much of a knock on effect for us here.


    I wish that was true.If you can find any article on "Greek Debt Crisis"
    which doesn't mention us somewhere I'd be surprised.
    Perception is reality,as they say,and we are lumped in with them.
    No good will come of this.Jonjo may be right this time.


  • Registered Users, Registered Users 2 Posts: 593 ✭✭✭DERICKOO


    phasers wrote: »
    I blame the French and the Germans

    phasers how in hell did you get to 13000 posts saying that.:eek:


  • Closed Accounts Posts: 4,124 ✭✭✭Amhran Nua


    cml387 wrote: »
    I wish that was true.If you can find any article on "Greek Debt Crisis"
    which doesn't mention us somewhere I'd be surprised.
    Perception is reality,as they say,and we are lumped in with them.
    No good will come of this.Jonjo may be right this time.
    The ECB is pumping that line out as hard as they can, the same boyos who started putting about rumours about bank runs to force Ireland to take the bailout, including our very own Central Bank governor who turned coat on his country to join his real paymasters. Banks only want to make sure they get their money back, and don't much care who pays it.

    For myself, I'm calling bs on it.


  • Registered Users, Registered Users 2, Paid Member Posts: 9,436 ✭✭✭cml387


    Amhran Nua wrote: »
    The ECB is pumping that line out as hard as they can, the same boyos who started putting about rumours about bank runs to force Ireland to take the bailout, including our very own Central Bank governor who turned coat on his country to join his real paymasters. Banks only want to make sure they get their money back, and don't much care who pays it.

    For myself, I'm calling bs on it.


    Banks tend to want their money back.That's the funny thing with banks.


  • Registered Users, Registered Users 2 Posts: 1,042 ✭✭✭Grimreaper666


    It's only a matter of time before the Euro goes belly up and i'd be a lot happier to have my money in Sterling, Canadian dollar or Norwegian Kroner.


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  • Registered Users, Registered Users 2 Posts: 8,059 ✭✭✭Uriel.


    Best to stock up on the feta


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