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1  Economy / Economics / Re: Greece Cannot Pay, Greece Will Not Pay on: August 01, 2015, 02:59:30 PM

Well then there are a lot of times when big politicians have made huge mistakes but it did not mean that they should be blamed and thrown behind the bars, nobody really wants to be in this situation anyway. Greece has its hands tied and are forced to beg for money from the eurozone while Eurozone does not want Grexit to take place as it can be really dangerous if other countries start getting a little too involved, shit happens. let's deal with it.

I didn't say to throw them behind bars, I just said their policy over the last 7 months is a complete failure. I don't know how many people actually know that Greece has avoided to go bankrupt during the last 3 months by ceasing the government's payments inside the country. And of course know Greece has its hands tied but who is really responsible for this? Are the Europeans to blame for the leaving of 30bn out of the banks during this year or for the new recruitments in the public sector and the incomplete execution of the state budget? Back in December Greece was neither in need of a bank recapitalization nor of a so tight fiscal policy in order to keep its primary surplus in the same levels. The vulnerability of Greek economy to the political goals of the Europeans(Spanish elections etc.) is a result of the lack of realistic strategy by A. Tsipras.
2  Economy / Services / Re: 64Blocks ░▒▓ The Social Game! ▓▒░ » Signature Campaign on: July 31, 2015, 04:32:14 PM
Name:   chrispap95
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Address : 19NRapcUnmYAsV9BW86ENUQzXeMvzegyNk
3  Economy / Economics / Re: Greece Cannot Pay, Greece Will Not Pay on: July 31, 2015, 03:43:37 PM

I understand that all his decisions weren't really the best ones, everybody makes mistakes. Its not his mistake exclusively, so for us to put all the blame at him. And instead of pointing fingers at people, I think more concentration should be provided on how to make the debts go away by hard work. There is no substitute to that, and I think that Tsipras is taking it like a man and handling it well, I think he's a nice guy.

Politicians are judged by the results of their decisions, not by their intention. The January they received a partially stabilized economy, with primary surplus and small GDP growth, and now their policy over the last 7 months has created a primary deficit, closed banks for about 2 weeks and even more recession of about 4-5% GDP. Moreover, they have caused a great political instability because their MPs did not support the new bailout which is going to be the government policy for the next years but they do support the goverment! That's complete madnesss!
4  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: July 31, 2015, 03:18:55 PM
Actually that is the biggest problem with using technical analysis on BTC to predict the future price fluctuations, the lack of targeted liquidity on the market. For example, when you trade EURUSD you are not excepting huge movements of the price due to the presence of the Fed and the ECB which can intervene whenever they want and stabilize the currency by buying.
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