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Jim Mellon - Pro Brexit
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In case anyone cares, Greece, despite some recent mild growth, has a GDP per capita approximately 60% of what it was in 2008 and still only about 90% of what it was in 2014. Greek unemployment is still at 18%, youth unemployment over 40%. -
Originally posted by BlasterBates View PostGreece is currently growing at twice the rate of the UK and actually has a budget surplus.
Isn't that interesting, and weighed down with all that debt.
Economic activity speaks louder than words or should I say drivel.
Leave a comment:
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Greece is currently growing at twice the rate of the UK and actually has a budget surplus.
Isn't that interesting, and weighed down with all that debt.
Economic activity speaks louder than words or should I say drivel.
Leave a comment:
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Originally posted by woohoo View PostHoho another classic Greg funny.Leave a comment:
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Originally posted by Old Greg View PostIf only we had some classic woohoo.Leave a comment:
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Originally posted by woohoo View PostClassic Greg.Leave a comment:
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Originally posted by Old Greg View PostDoes it literally make no sense to you?Leave a comment:
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Originally posted by woohoo View PostYou literally have typed nonsense. But i respect that, despite your head injuries and I'm assuming that's why you are struggling, you still give it a go. Well done and don't become disheartened. You are a credit to yourself.Leave a comment:
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Originally posted by BlasterBates View PostThe Greece debt problem is often misunderstood by Eurosceptics who argue that Greece can't recover because the loans are too much of a burden. However Greece isn't paying interest on most of its loans as they've been given an "interest holiday" while they sort themselves out. Eurosceptics don't understand this basic fact. Writing off the debts would make no difference as Greece isn't paying any interest. Once Greece has recovered then it will slowly pay off the loans. By the time they do, the loans will have shrunk to a manageable level. By not defaulting as Eurosceptics argue means they still have access to the markets to raise new loans, which they wouldn't have had, had they followed the Eurosceptics' advice.
It's good to see that this debate has come to a successful conclusion and that the Eurosceptics have concluded they have nothing useful to add to counter the above argument.
Leave a comment:
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The Greece debt problem is often misunderstood by Eurosceptics who argue that Greece can't recover because the loans are too much of a burden. However Greece isn't paying interest on most of its loans as they've been given an "interest holiday" while they sort themselves out. Eurosceptics don't understand this basic fact. Writing off the debts would make no difference as Greece isn't paying any interest. Once Greece has recovered then it will slowly pay off the loans. By the time they do, the loans will have shrunk to a manageable level. By not defaulting as Eurosceptics argue means they still have access to the markets to raise new loans, which they wouldn't have had, had they followed the Eurosceptics' advice.
It's good to see that this debate has come to a successful conclusion and that the Eurosceptics have concluded they have nothing useful to add to counter the above argument.
Leave a comment:
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