Good for Apple, and I just hope that everything works out OK for Greece, especially for all the innocent Greek people who had nothing to do with the current problems, of whom there are many.
60 years ago, Germans had been working hard for ten years after World War II, with considerable progress being made. Ten years of rebuilding houses and factories. That was one year after celebrating becoming Football World Champions in 1954. Food rationing had stopped in 1948; it continued in Britain until 1954. There was the attitude that people would create wealth out of their own power with hard work. That is something completely missing in Greece.
Absolutely not.Will that solve the problem?
No offense, but what a stupid comparison. Besides that, the European Union is a democracy, all members have a vote, not only Germany, which by the way is the biggest creditor and financial supporter of Greece.Do you know how the German economy was 60 years ago?
Yeah, but to be fair they weren't in any state to deal with those issues at the time.
They were literally bombed back into the stone age. The population was screwed, the citizens scarred, factories & not many assets available to contribute to their economy, and so on.
Now you could argue that this was all self-inflicted, however Greece currently is no where near that state, they aren't incapable... Just lazy.
And how do you know ?? I lived in Athens from 2006 until 2010 and my advice is to stop eating everything that the media feeds you .. There are people in Greece who work 16 hours a day, doing 3 different jobs, to get 400 euros a month .. They can barely pay for their bills and rent and for the past 5 years they are doing the best they can to survive .. But at least those are still alive, because there are others who have nothing to eat and die in the streets ..
This is question of my ignorance, but isn't the Euro a method to achieve the Common Market, or am I conflagurating two ideas?Who said he was making fun or jokes?
Greece should be kicked out. They are a parasite on the EU.
The next step will be to dissolve the Euro and the EU, both of which are remnants of the post-Second World War Policy. Neither are needed today. They both cause strife and dissension. All Europe needs is a Common Market. When that is achieved, Europe will flourish and grow healthily.
Are you assuming Germans support forgiving Nazis? The German post-war generation revolted against against how many Nazis were left untouched and were still running the state. As a German I'm certainly appalled and ashamed by how many Nazis were never prosecuted. Europe (and non-Nazi Germans) "forgave" the Nazis, maybe because they needed a strong Germany for the looming Cold War. I don't think there's anything noble about it.
As for Greece. There's nothing that needs forgiving. They made economic mistakes, but that's hardly appropriate to compare to Nazi crimes. They already have to live with their mistakes.
The only question is, will pouring money into Greece actually make a difference long-term. It will help short-term, but if it isn't sustainable, it's just burning money while delaying an inevitable bankruptcy That's what Germans are concerned about. Greece needs to make changes (corruption, tax evasion and inefficient government), or they will be in the same situation in another five years.
I'm all for giving Greece even more bailout money and another debt haircut, but only if they can show to make it work long term. Permanent alimentation of another country is not an option (you know … taxation without representation). So if they can't, bankruptcy is better sooner rather than later. The more debt they collect, the harder EU countries, banks, insurance companies and citizens will be hit if they eventually collapse.
This is question of my ignorance, but isn't the Euro a method to achieve the Common Market, or am I conflagurating two ideas?
- A common currency that makes the market common, so that there is no "Well, this costs 1000 DM, and that is 14,000 Drachmas today," and tomorrow, it's 16,000 Drachmas. Having the Euro means that something that is 1000 Eruos is the same as it is tomorrow, as it it is no matter where in Europe you are. Your Greek Euros are the same as my German ones. (I remember coming over as an American in 1992, and the fun of remembering the conversion rates was fun... not). Now, the difference between a Greek Euro and a German Euro may be in how much it buys, just like a loaf of bread in New York City vs. Odessa, Kansas.
What am I missing?
This is question of my ignorance, but isn't the Euro a method to achieve the Common Market, or am I conflagurating two ideas?
- A common currency that makes the market common, so that there is no "Well, this costs 1000 DM, and that is 14,000 Drachmas today," and tomorrow, it's 16,000 Drachmas. Having the Euro means that something that is 1000 Eruos is the same as it is tomorrow, as it it is no matter where in Europe you are. Your Greek Euros are the same as my German ones. (I remember coming over as an American in 1992, and the fun of remembering the conversion rates was fun... not). Now, the difference between a Greek Euro and a German Euro may be in how much it buys, just like a loaf of bread in New York City vs. Odessa, Kansas.
What am I missing?
And how do you know ?? I lived in Athens from 2006 until 2010 and my advice is to stop eating everything that the media feeds you .. There are people in Greece who work 16 hours a day, doing 3 different jobs, to get 400 euros a month .. They can barely pay for their bills and rent and for the past 5 years they are doing the best they can to survive .. But at least those are still alive, because there are others who have nothing to eat and die in the streets ..
I'm not going to discuss if it's right or wrong to write off Greece's debt in a technology forum, each one is entitled to his own opinion .. Good job from Apple for supporting those in need ..
It's so easy to make fun and jokes on the internet.
Sure thing! http://www.theguardian.com/world/blog/2013/apr/26/greece-expose-german-loans-hypocrisyUgh, kick them out of the EU already!!!
Ouch..... to be fair, relentless heat is not conducive to hard work.......Greece currently is no where near that state, they aren't incapable... Just lazy.
Made me smile.Wow, despite all of the comments made on this board by die hard fans of Apple stocks, watches and lowest possible hardware capacities it would appear Apple is a charity.
With a NeoDrachme Greeks has 2 paths open. Either implement the same reforms to keep it at 0.50€ (assuming it was 1/1 on day one) or print more and more to continue the politics of the past 30++ years. Either way ordinary Greeks will get poorer.I hope the Greek people reject the troika, reject the Euro, and return to their own currency.
Yeah, cos Argentina is such a success story !!Greece must follow Argetinas exit and build its future on its own economy....
Sure, limiting their access to European goods, services, markets and people is really going to help them recover...
Case in point: I'm friends with around twenty HIGHLY QUALIFIED people who left the country, since the economy was so botched they couldn't get a decent job anywhere (yes, not just jobs in services, but on actually sellable goods). Guessed who paid for their education? US. With OUR taxes. Guess who is benefiting from all that investment? The british, german, french et. al. Everyone, I mean EVERYONE is friends/family with at least of 5-20 young people who left recently (if I extended that count to acquaintances, the number would surely rise above 50). In 2013 alone, at least 110.000 people (in a country with a population of around 10 million) left the country… It is estimated that there are currently 2.3 million portuguese living abroad… and most aren't doing it for sport or to “gain experience”, but out of sheer necessity. Do you think that's normal or desirable by any measure?
Kicking them out of the EU won't solve their problems.
A huge amount of their debt needs writing off before they can sort themselves out.