Will there be a Grexit?

[Doggy Styles]

The Marshall plan wasn't some selfless act on part of US, it was used to stop the spread of communism and set the Western Europe for the cold war. On top of that most of the money went back to US anyway spend by recipients on raw materials, food and industrial equipment.

Giving free money to the Greeks will achieve nothing, even worse it might encourage the other ailing southern economies that they can rely on free money and hamper their improvements. Forcing the Greeks to squirm and pay for the decades of uncontrolled borrowing/spending is a sign to the likes of Spain and Italy to get a grip or face the consequences.

Yes. I'm surprised there are those who don't understand this.

[BrilloPad]

The Marshall plan wasn't some selfless act on part of US, it was used to stop the spread of communism and set the Western Europe for the cold war. On top of that most of the money went back to US anyway spend by recipients on raw materials, food and industrial equipment.

Churchill was right. We should not have stopped at Berlin.

Giving free money to the Greeks will achieve nothing, even worse it might encourage the other ailing southern economies that they can rely on free money and hamper their improvements. Forcing the Greeks to squirm and pay for the decades of uncontrolled borrowing/spending is a sign to the likes of Spain and Italy to get a grip or face the consequences.

When the Greeks finally leave the Euro and after 6 months make a success of it, the Latin countries will be queuing up to leave the Euro.

[minestrone]

By far the biggest recipient of the Marshall plan was the UK and we set up the NHS with it.

[DodgyAgent]

Alternatively

When the Greeks finally Get bailed out and after 6 months make a success of it, the Latin countries will be queuing up for bailouts.

[Flashman]

[BlasterBates]

The Marshall Plan came with

Austerity

Greece wants a Marshall Plan with "lets have a party".

Greece has actually been given huge sums of money. That's not the problem.

[eek]

The Marshall Plan came with

Austerity

Greece wants a Marshall Plan with "lets have a party".

Greece has actually been given huge sums of money. That's not the problem.

Not quite. European Banks have been given a large sum of money via Greece.... All that really has changed is the people Greece owes money to...

Meanwhile the Greek economy has been destroyed...

[BlasterBates]

Not quite. European Banks have been given a large sum of money via Greece.... All that really has changed is the people Greece owes money to...

Meanwhile the Greek economy has been destroyed...

If that's the case how do you explain the growth of Greek stocks?

Up until Tspiras took over they were doing quite well.

http://greece.greekreporter.com/2015...as-euro-drops/

Greek exports, excluding fuel products, increased by 280.4 million euros in March, recording a 20.7 percent rise compared to 2014, while the first quarter of 2015 showed a 14 percent increase.

A long way to go, but that's not a destroyed economy. All the improvements are due to the last government. Tspiras looks like he might be just about to screw it all up.

[eek]

If that's the case how do you explain the growth of Greek stocks?

Up until Tspiras took over they were doing quite well.

Greek Exports Increase as Euro Drops | GreekReporter.com

What does that article on exports have to do with stock?

[BlasterBates]

What does that article on exports have to do with stock?

A stock market is an exchange where you can buy and sell shares in companies.

A share means that you partly own a company and you receive dividends which depend on the performance of the company.

If companies do well they can pay more dividends ...are you following ?

If exports are up this a sign companies are doing better, and this means the stock market goes up.