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Mayhem Requiem

Obama AGAINST Austerity Programs in Greece


Azor Ahai

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Azor Ahai

Cant find any english articles right now but he just said that live on CNN seconds ago!!!!

http://www.madata.gr/epikairotita/politics/398327.html

http://www.ethnos.gr/article.asp?catid=22767&subid=2&pubid=64133063

 

 

On a rough translation:

"I hope Greece remains in Eurozone but without austerity programs but with a program that will help Greece grow economically and socially , without destroying its poor citizens but by stopping tax evasion . I hope Greece succeeds . "

 

Will try to find an english article ASAP

 

EDIT: heres one link http://inagist.com/all/561947137253318656/

 

Cannot keep on squeezing depressed countries, growth strategy needed. Staying in Eurozone requires compromise on all sides

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xoxo cupcakke

Can someone explain the whole Greece-Eurozone Conflict that I've seen articles for on BBC News but have been too busy being on GGD and working on homework

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WarriorPrince
I hope Greece remains in Eurozone but without austerity programs but with a program that will help Greece grow economically and socially

 

Wasn't that the point all along? Ireland and Portugal are doing better now thanks to austerity programs

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Don't act shocked, he was against austerity programs in the U.S., too. Unlike all the right-wing morons who learned nothing from the Great Depression.

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몀 was a news flash everywhere on every greek channel right now and it said LIVE :shrug:

Idk maybe he said something similar today aswell?

He hasn't made any statements today.

 

Maybe they re-aired it today on tv, I don't know.

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The Greeks need to have a new sense of progression and if it takes austerity programs to instill hope than it is work a try.

Mars..........or bust!
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The Greeks need to have a new sense of progression and if it takes austerity programs to instill hope than it is work a try.

Austerity can only instill hopelessness, not hope.
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Austerity can only instill hopelessness, not hope.

 

So what are they going to do for money to generate hope?

Mars..........or bust!
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Economy

Obama and Democrats are spenders. This really isnt surprising

Any left or centre wing party will support stimulus even as the country holds a massive debt of 160% of GDP+

Im sorry but u cant spend your way out of a debt crisis. You reach a point eventually where you have to make tough decisions and cut spending

The economic drag from lower Government spending and restructuring wears off eventually and over the long run is better than short term bosts that will add to even more debt and interest payments :shrug:

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Basically, he wants Germany to throw money at Greece with no hope of a return in the investment?

That's what I'm reading?

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Basically, he wants Germany to throw money at Greece with no hope of a return in the investment?

That's what I'm reading?

...that's not what growth means

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