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Beanhead
IS IRONIC PARADOX


Registered: 10/11/08
Posts: 17,257
Loc: Geospatial inversion.
Last seen: 3 years, 5 months
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Re: Greece refuses to take responsibility of their fuck up [Re: Vsnares.Zappa]
#21908381 - 07/07/15 05:47 AM (8 years, 6 months ago) |
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Quote:
Vsnares.Zappa said: world war 3.....
Costs me a grand.
muh
Greece destroyed germanys debt at one time in history
now return the favour ;o
*hides*
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Ezuma
Gontish Wizard



Registered: 12/02/13
Posts: 8,423
Loc: Roke
Last seen: 10 months, 21 days
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Re: Greece refuses to take responsibility of their fuck up [Re: Patlal] 1
#21908413 - 07/07/15 06:14 AM (8 years, 6 months ago) |
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I happen to be in greece right now, and from what I've seen of the greek people in general, they just aren't fit to run their own cities at all, much less country. Also it seems like no one works here evere, its like the shroomery minus drugs and common sense
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: Greece refuses to take responsibility of their fuck up [Re: qman]
#21908599 - 07/07/15 07:49 AM (8 years, 6 months ago) |
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Quote:
qman said: Greece should dump the Euro and go back to its own currency, let tourism bring the country back to life.
They should, but they are bound to fuck that up even worse if they insist on refusing to reform all the spending and socialism.
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qman
Stranger

Registered: 12/06/06
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Re: Greece refuses to take responsibility of their fuck up [Re: Shins]
#21908607 - 07/07/15 07:54 AM (8 years, 6 months ago) |
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Quote:
Shins said:
Quote:
qman said: Greece should dump the Euro and go back to its own currency, let tourism bring the country back to life.
They should, but they are bound to fuck that up even worse if they insist on refusing to reform all the spending and socialism.
At least it's their own destiny, let the currency determine the results of their fiscal responsibility.
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: Greece refuses to take responsibility of their fuck up [Re: qman]
#21908612 - 07/07/15 07:56 AM (8 years, 6 months ago) |
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The dracma will hyperinflate if they re-adopt it without making changes.
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
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Re: Greece refuses to take responsibility of their fuck up [Re: Shins]
#21908634 - 07/07/15 08:03 AM (8 years, 6 months ago) |
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Greece can't just rely on tourism. But this is what the banks get. They wanted to forego sovereignty in order to open markets and share profits, and now you have to share losses.Quote:
Shins said:
Quote:
qman said: Greece should dump the Euro and go back to its own currency, let tourism bring the country back to life.
They should, but they are bound to fuck that up even worse if they insist on refusing to reform all the spending and socialism.
what do you think austerity is?
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Greece refuses to take responsibility of their fuck up [Re: Patlal]
#21908656 - 07/07/15 08:14 AM (8 years, 6 months ago) |
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Quote:
Patlal said: I don't know why people are bashing austerity so much. It's actually the RIGHT thing to do BY FAR.
If anyone bothered to look at the numbers you would realize that the EU and the US had practically the same growth rebound. The ony difference is that the US endebte itself madly to get the same results.
In 2012, the EU suffered because of Spain, Greece and France but it only knocked off 1% growth compared to the US.
Whoever says that spending money you don't have is the best way to get out of debt is mad.
dont forget that the growth that the US has seen is artificial, the government spending hasnt done anything to boost the economy as koods claims and the claims of lower unemployment is due to numbers juggling due to people being dropped from the unemployment rosters now that their time has run out, it's not from people going back to work, the job participation rate is even lower now than in 2007-2010
http://data.bls.gov/timeseries/LNS11300000
http://nypost.com/2014/11/06/us-economic-growth-is-all-an-illusion/
koods talks a good game in his defense of obama but he really doesnt know any better, but you know, when you're swinging from obama's dick you cant just jump off because you've invested so much into getting the milk
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: Greece refuses to take responsibility of their fuck up [Re: The Ecstatic]
#21908729 - 07/07/15 08:43 AM (8 years, 6 months ago) |
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Quote:
The Ecstatic said: Greece can't just rely on tourism. But this is what the banks get. They wanted to forego sovereignty in order to open markets and share profits, and now you have to share losses.Quote:
Shins said:
Quote:
qman said: Greece should dump the Euro and go back to its own currency, let tourism bring the country back to life.
They should, but they are bound to fuck that up even worse if they insist on refusing to reform all the spending and socialism.
what do you think austerity is?
Greece rejected the EU Austerity deal.
if they try to go alone without changes, the austerity they feel will be even worse once their economy tanks again.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,064
Loc: Maryland/DC Burbs
Last seen: 3 minutes, 30 seconds
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Re: Greece refuses to take responsibility of their fuck up [Re: Prisoner#1]
#21908803 - 07/07/15 09:14 AM (8 years, 6 months ago) |
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Quote:
Prisoner#1 said:
Quote:
Patlal said: I don't know why people are bashing austerity so much. It's actually the RIGHT thing to do BY FAR.
If anyone bothered to look at the numbers you would realize that the EU and the US had practically the same growth rebound. The ony difference is that the US endebte itself madly to get the same results.
In 2012, the EU suffered because of Spain, Greece and France but it only knocked off 1% growth compared to the US.
Whoever says that spending money you don't have is the best way to get out of debt is mad.
dont forget that the growth that the US has seen is artificial, the government spending hasnt done anything to boost the economy as koods claims and the claims of lower unemployment is due to numbers juggling due to people being dropped from the unemployment rosters now that their time has run out, it's not from people going back to work, the job participation rate is even lower now than in 2007-2010
http://data.bls.gov/timeseries/LNS11300000
http://nypost.com/2014/11/06/us-economic-growth-is-all-an-illusion/
koods talks a good game in his defense of obama but he really doesnt know any better, but you know, when you're swinging from obama's dick you cant just jump off because you've invested so much into getting the milk
Job participation. Lol. It's hilarious that you have to go to that thinking you've got a winning argument. that number is a the ratio of people employed divided by the entire population over age 16. The reason that number has been falling (which it has been predicted to do for a decade) is because the baby boomers are retiring.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Greece refuses to take responsibility of their fuck up [Re: koods]
#21908810 - 07/07/15 09:17 AM (8 years, 6 months ago) |
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um... maybe you should check again, it covers working age people, not all people, are you telling us that millions of baby boomers are able to retire at 55 now?
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koods
Ribbit



Registered: 05/26/11
Posts: 106,064
Loc: Maryland/DC Burbs
Last seen: 3 minutes, 30 seconds
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Re: Greece refuses to take responsibility of their fuck up [Re: Prisoner#1]
#21908814 - 07/07/15 09:18 AM (8 years, 6 months ago) |
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it is the number of employed divided by the population over 16. It says it on the damn chart.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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koods
Ribbit



Registered: 05/26/11
Posts: 106,064
Loc: Maryland/DC Burbs
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Re: Greece refuses to take responsibility of their fuck up [Re: koods]
#21908822 - 07/07/15 09:20 AM (8 years, 6 months ago) |
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http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm
Quote:
Of note is the fact that the drop in the labor force participation rate was just 0.6 percentage point during the 2007–2009 economic downturn whereas, between 2009 and 2012, since the end of the recession, the rate declined by another 1.7 percentage points. A major factor responsible for this downward pressure on the overall labor force participation rate is the aging of the baby-boom generation. (See figure 1.)
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Greece refuses to take responsibility of their fuck up [Re: koods]
#21908832 - 07/07/15 09:22 AM (8 years, 6 months ago) |
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Quote:
koods said: http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm
Quote:
Of note is the fact that the drop in the labor force participation rate was just 0.6 percentage point during the 2007–2009 economic downturn whereas, between 2009 and 2012, since the end of the recession, the rate declined by another 1.7 percentage points. A major factor responsible for this downward pressure on the overall labor force participation rate is the aging of the baby-boom generation. (See figure 1.)
that doesnt say they've retired now does it. if your a business owner are you going to hire and train someone that's 4 years from retirement?
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koods
Ribbit



Registered: 05/26/11
Posts: 106,064
Loc: Maryland/DC Burbs
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Re: Greece refuses to take responsibility of their fuck up [Re: Prisoner#1]
#21908845 - 07/07/15 09:28 AM (8 years, 6 months ago) |
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Quote:
Prisoner#1 said:
Quote:
koods said: http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm
Quote:
Of note is the fact that the drop in the labor force participation rate was just 0.6 percentage point during the 2007–2009 economic downturn whereas, between 2009 and 2012, since the end of the recession, the rate declined by another 1.7 percentage points. A major factor responsible for this downward pressure on the overall labor force participation rate is the aging of the baby-boom generation. (See figure 1.)
that doesnt say they've retired now does it. if your a business owner are you going to hire and train someone that's 4 years from retirement?
Quote:
The movement of roughly 76.4 million baby boomers from participation rates above 80.0 percent to rates below 40.0 percent, typical of older age groups, will exert heavy pressure on the overall participation rate.10 BLS projects that, as a result of this demographic shift of baby boomers to older age groups, the labor force participation rate will continue to decline over the next 10 years.
yes. this means they are retiring. "baby boomers" are a population bubble and therefore as they move into retirement age, a greater proportion of the population than normal is retiring.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Greece refuses to take responsibility of their fuck up [Re: koods]
#21908849 - 07/07/15 09:29 AM (8 years, 6 months ago) |
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Quote:
koods said: http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm
Quote:
Of note is the fact that the drop in the labor force participation rate was just 0.6 percentage point during the 2007–2009 economic downturn whereas, between 2009 and 2012, since the end of the recession, the rate declined by another 1.7 percentage points. A major factor responsible for this downward pressure on the overall labor force participation rate is the aging of the baby-boom generation. (See figure 1.)
of course the 70 million out of work must all be retired baby boomers
Quote:
The participation rate of those in the 55-years-and-older age group rose to 34.5 percent in 2002 and increased by another 6.0 percentage points, to 40.5 percent in 2012. This group’s rate is projected to rise further, to 41.5 percent in 2022. Among the subgroups of older workers, 55-to-64-year-olds had a participation rate that stood at 61.9 percent in 2002 and increased to 64.5 percent in 2012.
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: Greece refuses to take responsibility of their fuck up [Re: Prisoner#1]
#21908858 - 07/07/15 09:33 AM (8 years, 6 months ago) |
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Lol baby boomers are actually coming OUT of retirement to take on part time jobs because they cannot affort to retire anymore.
Lol fail.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,064
Loc: Maryland/DC Burbs
Last seen: 3 minutes, 30 seconds
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Re: Greece refuses to take responsibility of their fuck up [Re: Prisoner#1]
#21908861 - 07/07/15 09:33 AM (8 years, 6 months ago) |
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what you don't understand is that the population bubble of the baby boomers continues to age. the huge number of baby boomers will age into lower and lower participation.
the BLS spelled it out for you: "A major factor responsible for this downward pressure on the overall labor force participation rate is the aging of the baby-boom generation."
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Greece refuses to take responsibility of their fuck up [Re: Prisoner#1]
#21908866 - 07/07/15 09:35 AM (8 years, 6 months ago) |
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increases in social spending for welfare and foodstamps must be an indicator of a good healthy economy and everyone must be working cuz welfare
http://cnsnews.com/news/article/terence-p-jeffrey/hhs-report-percentage-americans-welfare-hits-recorded-high
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koods
Ribbit



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Re: Greece refuses to take responsibility of their fuck up [Re: Shins]
#21908872 - 07/07/15 09:37 AM (8 years, 6 months ago) |
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Quote:
Shins said: Lol baby boomers are actually coming OUT of retirement to take on part time jobs because they cannot affort to retire anymore.
Lol fail.
that's not what that data says. the age groups are fixed. people move through the age groups. So when a participation rate goes up in an age group it mean that younger people are retiring later than their older peers. This huge number of baby boomers are still retiring.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: Greece refuses to take responsibility of their fuck up [Re: koods] 1
#21908882 - 07/07/15 09:38 AM (8 years, 6 months ago) |
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Quote:
koods said: what you don't understand is that the population bubble of the baby boomers continues to age. the huge number of baby boomers will age into lower and lower participation.
the BLS spelled it out for you: "A major factor responsible for this downward pressure on the overall labor force participation rate is the aging of the baby-boom generation."
it spelled out that more and more are choosing to remain in the work force with nearly half of those at retirement age choosing not to leave their jobs
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