683 karma · joined November 12, 2013
Good question, ask the ECB - http://www.telegraph.co.uk/finance/comment/jeremy-warner/115...
> "you simply demonize EU and Banks"
Wow, after all your Greece trash talk you accuse ME of demonizing? This is no longer a rational conversation.
Or a third option, they were manipulated into getting to this mess by a 3rd party who stands to make an awful, awful lot of money from it.
This is especially true with central banks, where every € you receive comes with debt attached. How do you repay the interest on those debts? You have to borrow more €'s from the central bank, which also come with more debt attached. And so your debt burden increases exponentially until you're crippled by interest repayments. It is mathematically impossible to repay debt in these circumstances.
It takes two parties to get into a mess like this. As the old saying goes, "if you owe the bank $50 thousand, you're in trouble. If you owe the bank $50 billion, you're in it together".
Unless of course they get greedy and start making ill-advised, unsecured bad loans. Then their greed is going to come back and bite them in the ass when the debtor can't pay.
Lets not forget the Goldman Sachs helped Greece to cook the books to get into the Eurozone in the first place.
It's like throwing a money boomerang at someone, and each time it comes back claiming that they owe you another 50 billion
Location: Portsmouth, UK
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Résumé/CV: https://careers.stackoverflow.com/mattdavey
Email: my.name@fsfe.orgI take it from your comment that they're still up to their old tricks... I'll continue my boycott of EA and Ubi
It's hard to imagine that people will care much if all they see is a pile of scrap metal being shipped home.
It'll be extremely difficult for a government to use robotic infantry whilst having public support for such an action.
Rather than appealing to a sense of "brotherhood/camaraderie against a common foe" in order to support a campaign - propogandists will likely have to exploit the peoples sense of fear to garner support. This is a shift we have already started to see with the "war on terror".
There's a big difference though between learning valuable lessons & taking cues from natural bio-mechanics, and trying to emulate them.
OP - it sounds like you're worth way more than £26k ;)
You didn't buy the ring as an investment, I mean what are you going to do, take the ring back and sell it when the market is more favourable? Any profit you make will be quickly swallowed up by the divorce.