so the problem was that the greek people didn't want to pay taxes, but did want lavish free goodies... and that's the fault of the evil banks.the problem was the lax tax system which the Greek Governments refused to deal with.
actually yes i can - not only is Greece a democracy, but the argument that you are making is that the greek people cannot be blamed for the fact that the greek government did not regulate the greek people....It has been a known problem for decades, but nothing has been done by the politicians. You can hardly blame the people for the inactions of the politicians
yeah, because if there is one thing recent history teaches, it is that people rush to give up free goodies.Had the Greek people gotten the truth, then the pressure on their politicians to fix the problem would have been huge...
care to make a bet?LOL no you have not. America has never been debt free.
two, three possibly spring to mind.in fact America has defaulted a few times.
true.You especially have not been debt free this and the last century
[quote]Demographics is just an excuse. Societies adapt over time making demographics a bull**** excuse.[/qutoe]
sorry, but no. you can't "adapt' around there not being enough people.
also true.And every country has demographics against them even the US. Only reason the US has 2.01 brith rate is because of the Hispanic population, which many want to kick out.
perhaps you have heard of the Roman Empire? the population of rome fell by more than 3/4ths in the space of a single century.in reality we have yet to see such a situation.
HAH!Even the Japanese who have had very low birth rates for many many decades, are doing just fine...
actually it's 61.You are miss-informed. Greek retirement age is not 55. Certain jobs have a lower retirement age yes, but the average Greek retirement age is 65
and the people are willingly happily acceeding to this as necessary for fiscal survival? last i checked they were apoplectic.Those that retire before that, retire on early retirement, which is set at 57. Could it be set up?Sure and it has and will.. hell they are banning early retirement in Greece last I looked.
sure - they are protesting the evil germans and the evil government, who don't want to and can't finance their free goodies anymore.And you dont understand what the Greek people are rebelling against.
demographics is the reality; and it's why much of europe is screwed.LOL have you even been following the whole crisis? Demographics is just a lame excuse period.
to varying degrees, yes. most especially the United States (for whom there is no possible cushion). Japan, as a nation as we know her, is definitely doomed. China is doomed to be limited long term as well, though her crises will be a huge number of men for whom they have no women before it becomes aging.So you are saying that Australia and China are cluster****ed? Not to mention Canada, Switzerland, Estonia, South Korea and the UK is close to being screwed... not to mention the US...?
we border it - but you are right it's an issue, and it's one of the reasons why our entitlements, as well, cannot sustain themselves. baby boomers did not have enough kids to pay for the benefits they then voted for themselves.You are not at replacement fertility rate
sure. and you can score people statically, tooAgain you fail to understand the ****ing problem. Tax evasion in Greece is 25%+ of taxpayers. That is a HUGE number.. if those people actually paid their taxes, then Greece would have a surplus!
dude, it's basic math. multiplication tables have been around for some time now.Your demographics excuse is getting more and more bull**** at every turn since it is a theory that cant be proved.
which A) are exceedingly unlikely to happen and B) wouldn't have positive effects for at least two and a half decades.It does not take into account a sudden rise in birthrates
which was supposed to be Europe's answer.... but then they made the welfare state available to the immigrants also, and so now they often have a higher incident of use than the original natives.immigration
which hasn't stopped them from having kids. the large muslim populations in Europe are indeed producing follow-on generations, to replace the ones Europeans never had themselves.
our fertility rate is on replacement rate - and we do grow through immigration, naturalization, and extending the lifespan of our elderly.changes to the political and social system and so on and so on. For one, the fertility rate of the US is not at replacement value and yet your population is growing (minus immigration)...
irrespective of if you think that solves the fact that a shrinking populace of new payers eventually collapses any ponzi scheme; how long do you see the Germans willing to pay through the nose to cover that? i'm thinking, not terribly long. gonna be interesting to watch the rebirth of semi-nationalism in europe.Fact is, the Greek society could function with a few tweaks, if the bloody Greeks did not evade taxes en mass.
25% of Greeks (your numbers) are rich business owners and bankers?Because it is the rich business owners and bankers that are primarily avoiding to pay taxes!
funny how it's criminal when a rich guy does it...They are also the ones who are in power in government giving favours to each other and selling state assets to each other on the cheap.. The problem is not the people in general, but the 25% or so that avoid paying taxes ... who happen also to be part of the political elite. The Greek people are fully aware they have to change their ways, but they refuse to do so as long as the rich and bankers are sucking the life out of society with their criminal actions.
irrespective. welcome to the future
incidentally, what do you blame the riots in France on? evil French bankers?
and it's public workers rioting. nothing like losing an entitlement to send someone to the streets.Who is it the Greeks are "rioting" against.. and where? Government buildings, political party buildings and in front of banks.
that is incorrect - the future collapse of our entitlement programs was a huge problem long before first Bush and then Obama put our pace to collapse in hyperdrive.Sorry but that is not an answer.. that is a ideology answer of the US right. Debt was not a problem until 2008 when Obama took over the White House and the GOP was out in the dark.
that is because they are seen as the temporary safe havens from those who will be screwed first. to put it into a european metaphor, the bond market is currently feeding an alligator.If debt was a real problem, then the countries with high debt and high deficits would all be under huge pressure to fix their problems.. but both the UK and US who have the biggest deficits and rising debt are getting cart blanc at the moment with record low interest rates on their debt.