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..in Greece.

http://www.bloomberg.com/news/articles/ ... calls-vote

By this time next year..Greece will be the vacation bargain of the century.

this time next year Greece may only have a minority of Greeks in it but lots of Libyans and 'Islamic state' infiltrators .

Greece is the poster boy of what central banking and fiat money can do to a country. It put them in debt to the extent they can never dig their way out. Same thing in the US. Only we haven't realized it yet.

planosteve wrote:Greece is the poster boy of what central banking and fiat money can do to a country. It put them in debt to the extent they can never dig their way out. Same thing in the US. Only we haven't realized it yet.

No..what happened in Greece..is that since 1981 the country has been a socialist welfare state. The whole country has been on a cushy pension with hardly anyone contributing.

GFB wrote:

planosteve wrote:Greece is the poster boy of what central banking and fiat money can do to a country. It put them in debt to the extent they can never dig their way out. Same thing in the US. Only we haven't realized it yet.

No..what happened in Greece..is that since 1981 the country has been a socialist welfare state. The whole country has been on a cushy pension with hardly anyone contributing.

The US has been a socialist welfare state every since the Roosevelt administration.

planosteve wrote:

GFB wrote:

planosteve wrote:Greece is the poster boy of what central banking and fiat money can do to a country. It put them in debt to the extent they can never dig their way out. Same thing in the US. Only we haven't realized it yet.

No..what happened in Greece..is that since 1981 the country has been a socialist welfare state. The whole country has been on a cushy pension with hardly anyone contributing.

The US has been a socialist welfare state every since the Roosevelt administration.

That is ridiculous.

Most of what you earn here.. you can still keep...and you can still become wealthy with hard work...not how it works in Socialism.

Obummer has worked hard to put more people on welfare...more people on food stamps..creating a whole new health care welfare..but we're a long way from places like Greece.

..a very, very long way.

That is ridiculous.

Most of what you earn here.. you can still keep...and you can still become wealthy with hard work...not how it works in Socialism.

We've had Social Security since 1935. What do you think that is? "Capitalism Security"? There are not rich people in Socialism? Sure there are, the ones in the govt. or closely connected. Just like here.

planosteve wrote:

That is ridiculous.

Most of what you earn here.. you can still keep...and you can still become wealthy with hard work...not how it works in Socialism.

We've had Social Security since 1935. What do you think that is? "Capitalism Security"? There are not rich people in Socialism? Sure there are, the ones in the govt. or closely connected. Just like here.

More ridiculousness..there's only so much time I can waste with this my kind of nonsense.

Once the Rothchilds and the Rockefellers got their FED, fiat money and factionalized banking in, it was all over. We were socialist.

GFB wrote:Obummer has worked hard to put more people on welfare...more people on food stamps..creating a whole new health care welfare..but we're a long way from places like Greece.

..a very, very long way.

Yeah, Greece is in a category all its own.