We didn't always have denbts

Before 1981, the debt-to-GDP ratio of Greece was below 20%. And as you can see from the chart, it was only in 1987 when we surpassed the EU in terms of debt-to-GDP ratio and it was simultaneously the first time in which the Greek debt reached the 50% limit. Before 1987, it wasn't even at 50%, with our debt being constantly under 20% of our GDP until 1982. We were basically debt-free.

Then, how did we become a debt colony of the 4th Reich, known as the EU? Did the Greek people, as a whole, know about this, as many shills from abroad claim?

No. We didn't know shit. In my previous thread, a Romanian said that we allegedly knew that we were economically enslaved since 2005. The truth is that, we didn't know anything. I didn't even find articles back from that year suggesting that the real numbers were revealed. All of the real numbers were revealed in late 2010-early 2011. And I remember vividly myself. Everyone was shocked: for real. Everybody was outraged, and hatred for the established politicians grew in an instant. From that moment, (((PASOK))), the Socialists, went from 45% of the vote to a mere 13% of the votes in just months to the elections of early 2012. And (((New Democracy))), the Liberals, saw their approval dwindled from 40% to a just 16% of the votes. The Greek Parliament was destroyed. But, it wasn't just that...

In mid 2011, the already huge protests that were in progress from May 2010 against the loans, both the former since the mid 80s and the new ones who would accompany themselves with austerity measures that would destroy the average household, got even wilder. In mid 2011, in light of the real numbers of the Greek debt, which was one of the prime reasons for the implementation of PSI and the second bailout program, the protests got even tougher. In June 2011, the month which the data was revealed, protests, each attracting hundreds of thousands, all hell went loose. Over 270 people were injured, many almost to death.

Attached: Greek_debt_and_EU_average_since_1977.png (300x297, 43K)

Other urls found in this thread:

fr.wikipedia.org/wiki/Loi_sur_la_Banque_de_France
twitter.com/NSFWRedditVideo

Socialism is a sweet lie. You promise people the world, then for a short time deliver by selling their future. So long as people receive the benefits of socialism they usually won't look behind the curtain to see its inevitable downfall until it's too late.

Greece just got Venezuela'd is all.

Why did our (((government))) attack its own people? Well, that's right. They defended themselves against the people's wrath. At one point, the protesters almost ransacked the Parliament building. Not only did (((they))) reveal the truth to their own people almost three entire decades later, but (((they))) think they have the right to attack us? Thankfully, (((their))) time is coming. Soon...


GENERAL ECONOMY


Many people from abroad believe the people with the tiny hats saying that the Greeks were always poor. Yet, they miss out on something: that we grew on an average of 10-12% for 3 decades, with a debt ratio lower than 20% of our GDP. In 1979, the average income of the Greeks was at the 90% of that of the average of the EU member states. Before we even got to the EU. So, our living standards were not artificial. They were completely natural.

Attached: Greece_GDP_growth_1961-2010.svg.png (1280x988, 112K)

>Why did our (((government))) attack its own people?
Governments aren't sentient, magical beings that were delivered by God to rule over us. Every time you say the word "government" replace it with "entitled people" and your statement suddenly makes more sense.

They attacked their own people because their lives were on the line. It was kill or be killed -- and they had more power, so they exercised it. It happens in LITERALLY EVERY Socialist country. Every. One.

Just leave Greece, bro. Move to the glorious USA.

UNEMPLOYMENT

The unemployment rates of Greece before the crisis were almost always below 10%. From the 1950s to the 1990s it was almost always 2,5-4%. No more or less. Just before the crisis, it was standing at 7%. And youth unemployment was less than the general.

it's because you are lazy and dumb

Only that it wasn't evident socialism. They hid themselves behind (((liberalism))). In the last decades, the (((Socialists))) in all western countries, hide behind the pretext of "liberalism", in order to hide themselves. And PASOK, the socialists, always implemented somewhat right wing policies in order not to reveal their true identity. This party I'm referring to was seriously denying that the "S" in their party name, PASOK, stood for "Socialist". Because the Greek people hated Socialism. And their founder, (((Andreas Papandreou))), was denying that, and always sought ways to hide their true identity. And in times of difficulties with Turkey, he was always a man showing "muh patriotism", in order not to seem like a coward socialist. (((They))) are always at the backstage.
I'm not leaving my country. Why should I go to a country filled with mestizos and niggers? Just... WHY?

Ok. So us seeking the truth from any possible means, is an indication of us being dumb? Our (((governments))) hid the truth from all sides. I mean, there was suspicion from the latter half the 2000s.

There's a reason intelligent and sophisticated conservatives have such hate for current liberal parties in America. It's not because "they're liberal and we hate liberals". It's because our eyes are opened and we know they're socialists in disguise.

Platforms like "let's help the hungry by supplying them with food" are secretly just "let's redistribute wealth to feed everyone, because anyone can CHOOSE to be hungry thus gaining access to free government benefits"

Platforms like "let's help the homeless by providing a free place to live" are secretly just "let's redistribute wealth to house everyone, because anyone can CHOOSE to be homeless thus gaining access to free government benefits"

Platforms like "let's bring in immigrants because we're kind and compassionate unlike conservatives with closed minds and closed hearts" are secretly just "let's bring in a bunch of people with no assets, work history, or motivation to kickstart our government programs because we need a majority vote"

If you didn't realize that liberals were socialists in disguise then you voted against your own best interest because you were too blinded by the cake to see the man serving it.

or greeks are just lazy buggers who retire at 50 and never pay any taxes

>Only that it wasn't evident socialism.
Yeah, I know this song. Like our current government.

Please, understand, people knew that Greace isn't black sheep of Europe, it was strong and toxic German propaganda machine that twisted the way media presented situation at the time. And some people start to understand that we, weaker countries of the "union", are next. And going again mama merkel is suicide. Just w8, Poorland and Hungary will be punished soon.

It's genius really, Greece had a shit currency that benefited their industries so all the Germans had to do was fully open trade barriers which weakened them, then take away their workforce by opening boarders, then equalise the currency making everything more expensive to produce and buy making the Greeks all poor and shit.

Then some more Germans realized that the Greeks were too poor to afford their shit so they gave them loans at interest.

Why is no one noticing that the Germans are the real Jews of Europe, they have been the whole time.

Unfortunately this is a massive flaw in democracy, people will always vote for the candidate that says they will give them free shit, even if the facts say that the economy will tank if the tax burden is too high they don't care, they want gibs, they get gibs and the whole house of cards falls down.

This is an old meme Bruce. Today our "official" retirement age is 67-68, yet practically it's 72-75. It's been like that for 7 years now.

I know it's not our fault. (((They))) indebted us to death since the mid 80s. Just like I said, before 1987, our debt-to-GDP ratio was always below 50%.

>Shit currency
I wouldn't call 6 drachmas for a dollar to be shit.
>Greeks were way too poor to pay back the loans
No, the governments since the mid 80s had all the money to repay back the loans. But they chose not to. And the debt accumulated. And they never told us about it, until 2011.
This. (((They))) always hid behind false promises. And they hid the fact that the gibs were from loans excellently. They presented the gibs that they were the result of the "good economy". Well, the economy was excellent, until the mid 80s, when (((they))) dwindled our yearly growth rates and (((they))) indebted us to death.

As for the first paragraph of your comment user, you are absolutely right. This is the truth.

Get a graph that is BEFORE 1913

....

lmao

should u really be talking

Attached: deficit obama trump.jpg (975x531, 434K)

Liberalism has been dead for 100 years

>we go bancrupt

>lets blame someone else

Already saw this thread yesterday. In the end, it's still the fault of the Greeks for being lazy and corrupt, electing lazy and corrupt governments, and then trying to blame anybody else.

Why are there so many niggers in Switzerland? In every fucking gas station, grocery or restaurant there is like 80% nigger stuff. What happened with white, non-jewish population?

The EU is a scam that is designed to enrich Germany. Greece just happened to be in a weak position compared to the other EU members so it has been one of first to crumble.Any country that persists long enough in the EU, aside from Germany and the key countries protected by Germany, would face the same problems eventually. The other problem is there seemed to be a real lack of government coherency in Greece, so the response to the problem was all wrong. You should have done what Iceland did, yes, take "austerity", but don't do it to pay off the debts, do it to default on the debts and live without new debt. Another problem for Greece is that the EU and NATO probably won't let you leave because you're on the border of the EU and they want you separate from Turkey, so they'll keep inventing stupid shit to stop you leaving. Maybe the CIA glow-niggers were actually the socialists all along, who fucked things up to keep you in line. But I would be interested to know, in the public debate when all this was going down, was anybody suggesting to follow Iceland's lead? Was anyone suggesting to simply default and to reduce government spending?

He blames his politicians you shitskin.

This is not true you shitskin. And I destroyed all your posts yesterday.

Your whiteness status: uncertain

Iceland is a non country with the population of a bigger city.

And? That does not answer the question.

They were forbidden by the eu to do that, with the complicity of their banl aligned president who was elected as a socialist.
It's kind of like macron gutting our public company to sell them to his friend for a single euro, giving billion to niggerland every f odd month and then telling us, pay taxes now, goy.

I don't mean true liberalism, you fag.

Germany:
>Heyyyy! So, we're gonna give you some monet (some billions) and you're not going to tell your public anything about it. Don't ask why, but just DON'T TELL THEM. The goyi- I-I mean people should not know.

Dear shill, when (((bankers))) are giving governments money, and the people don't know it, then how can we blame the people? They didn't know shit about the borrowing of billions. How can they take the blame?

>Lazy and corrupt
First, I don't think that having the biggest amount of work hours in Europe indicates you're a lazy population. My father for example works 11 hours per day. With just one break of 15 minutes. And most Greeks have similar experiences. So yes, not lazy.
And, corrupt? Only 9% of the population tax evades. And this 9% is primarily people with incomes more than 200,000€ per annum.

Attached: PaulsChart (1).png (750x1419, 107K)

P.S. >Switzerland: 1,576 hours
>Greece: 2,060 hours

Soooo lazy, right? I mean c'mon, the Swiss probably think that 6 hours of work is "extreme". If one Swiss person came to work for 12 hours in Greece, he would commit suicide. In all honesty.

The only thing governments are good for is stealing other people's money in huge ammounts.
Its' also good to see that they learnt how to steal those money even in advance.

It's the same as with education: it's obvious that it's mostly fraud (I'm talking of humanities rn) so they squeeze from that falling market the rest, and they can do it in even bigger ammounts, because their market is more stupid than before.
FED is to be disbanded rather soon, and all the debt is going to be recognized void being utterly fraudulent.

>Lazy
First off Harald, kick out Solberg and Store out of parliament. They are mere cancer cells. And secondly:

>Norway: 1,408 hours
>Greece: 2,060 hours

Sooo, Harald... Can you please go back at your workplace?

Attached: avg-hours-worked-per-country-korea-no-11.gif (576x609, 13K)

This.

The reason you had low debt in 1981 was because you had just defaulted. Greece used to default every 15 years

Hours=/=productivity. I've seen what Greeks call "working", no wonder you guys are poor as shit

>debt to gpd european average is still big as fuck
get your shit together you indebted cunts

The last default of ours was at 1932. And even afterwards, we recovered 3 years after.

And we've had in total 5 defaults in 200 years. The four happened in the 19th century. From 1900, we've just had one default. And that was in 1932. "Every 15 years"? How about returning to Siberia? Let's be honest, that's more preferable.

And "you've seen what Greeks mean with working"? Really? How do I know you're not bullshitting like a typical Mongolpid hybrid? Can you fucking tell me? You know how productivity works? For the productivity to be high, all of the workforce must be active, in order for that to produce more domestic product. When 20% or so of the population is not able to work, because they're trying to find work, then how can you expect for the work productivity to be high? A fifth of the population is not able to contribute to the GDP. And you're trying to tell me, "muh productivity is higher than yours". Remember when Finland had a crisis in 1991-1993? The workforce productivity of Finland fell drastically for the 90s because the crisis made almost 20% of the population not being able to contribute to Finland's gross domestic product. The same is happening in Greece and any other country that's affected by economic crises. But, "muh high Finnish IQ"

P.S. :D:D:D:D benis :D:D:D:D

>all the employees basically work double shifts
>half the people can't get a job

Attached: index.jpg (295x171, 4K)

Pay denbts lazy malaka

Like every country in the West, the Greek people allowed themselves to become black pilled on themselves. Self demoralized, defeated, consumed by hopelessness, devoid of pride, self respect, and self confidence, paralyzed by fear, hampered by ignorance, and gripped by feelings of inferiority. Greece has become a case study of globalization.

When the 20% of the population is unemployed, you think that workforce productivity will be high? Before the crisis, workforce productivity was way higher than today. Because all people were employed and contributed in one way or another to the gross domestic product. How can it be high when at a point almost 30% of the population didn't have a job

We are paying our denbts, you shill. How about you make a trip to your native Mongoloid Siberia?

You probably saw one person at your vacations and think everyone is like that.
Most Finns are shy and depressive. People like you have no clue about the human nature, that's why many Finns and Swedes come to Jow Forums.

Greeks are wealthier than Swedes.

This. Literally this. This crisis is not the worst we can get through. We've gone through way shittier situations. Hell-tier. But this crisis demoralised us. But, we are at least based. 70% hates (((the people behind everything))), almost 90% at this point want a Grexit no matter the cost everybody almost hates Muslims in one way or another.

We are not like Sweden. Because the feelings of inferiority are not dominant amongst Greeks. The self-hatred in Swedes is just God-tier.

Crying about debt when it's obvious.
Your country creates nothing of value, and lives off the money of other strong EU nations. No military power to give your currency security, no trade ability because you have nothing to offer, and uneducated to the point of having 0 innovation cuz life is too cozy with wine and bread to work.

Your country is a case study that becoming comfortable through socialism can only last as long as the population who creates decides to keep doing so. Without the innovators, your welfare state collapses, and you should be thankful the EU still props your sad excuse of a nation. The US knows this, which is why we rely on the MIC, but we at least have things to offer, Greece is a 3rd world country in a 1st world continent.

I'd rather visit your native Turkey

>Greeks are wealthier than Swedes
If they were, they could afford to pay denbts

come home greek-man, hellena is part of the big mediterraneanBrown race along with italy and iberia, we are kinda mediocre by nature you were great once ("once")

Attached: 51b-Zb6OrOL._SX290_BO1,204,203,200_[1].jpg (292x499, 29K)

Greeks don't make debts. It's only common in protestant countries. Nordics are the most indebted people in the world.

>200% of GDP

Greeks are not a country

Don't forget German banks massively loaning to Greek companies. Both parties were blinded by greed, and the normal people suffer for it, as usual.

>how did we become a debt colony
You let women vote

>Your country creates nothing of value
What has America created in the last 120 years that was or is of value? Only thing I can think is degeneracy and more degeneracy.
>lives off the money of other strong EU nations
How cute. You literally live of (((the tribe))). (((They))) control your banks. Especially (((the Federal Reserve))). (((They))) can declare you bankrupt and destroy the world's largest economy in hours. If (((they))) wish it. For now, I don't think that they will default (((their))) own means of domination.
>No military power to give your currency security, no trade ability because you have nothing to offer, and uneducated to the point of having 0 innovation cuz life is too cozy with wine and bread to work.
They were all taken from us. We had a military, but (((the EU officials))) said it was "too costly". We had a stable currency, but it became unstable because of "the need for muh European competitiveness".
As for innovation, we produce innovation. But it's exported to you. A few months ago, it was Greek scientists at John Hopkins who literally produced a blood cure for 8 types of cancer. And Greek medical staff in the UK and Germany are the most productive. And all Greek scientists come up with the ideas IN GREEK UNIVERSITIES, but go outside because of the funding of the work. We are innovative. But it's unfortunately exported, as money is the basic element for research
>Your country is a case study that becoming comfortable through socialism
Only that we didn't become comfortable with (((socialism))). And this (((socialism))) was hiding always behind liberalism, in order not to become evident. If Socialists in Greece revealed their real identity from the beginning, they would never be voted to power. See the Communists in Greece. It has never gotten 3% of the population on its barracks. Never. The Socialists became popular because they always hid the fact they were socialist.

Greece needs to become a tax haven country, like Cyprus, Malta, Panama, etc. Next, they need to run a dual currency, the Euro for trade and a gold backed Drachma for internal use, limited to say $100K no foreigners. You've got some oil and gas offshore, develop it and nationalize it. Redistribute the land, get young families out of the cities.

>Without the innovators, your welfare state collapses, and you should be thankful the EU still props your sad excuse of a nation
Listen you fucking shill. 90% of the Greeks want a Grexit. At all costs. We don't want the slavery. Be defaulted at our debts? Let's get defaulted. Either way, we will repay ot faster if we get the drachma back. We set up a competitive exchange rate, our gross domestic product increases through increased economic activity, and boom, we are repaying the debts faster. We. Want. To. Get Out. Because we know that we'll be better off without the (((common currency))). The euro destroyed us. You think we want to be slaves, you fucking shill? Even if it takes time to go back to normal, which it will be way shorter than the fucking euro recovery, we will make a comeback. Whether you want it or not.
>The US knows this, which is why we rely on the MIC, but we at least have things to offer, Greece is a 3rd world country in a 1st world continent.
No. You rely on Jews. You rely on (((the Fed))). You are a fucking shill. Not admiting (((the Fed))) is controlling you and that (((they))) can declare you bankrupt at any given time, makes it evident you're a shekel whore. You don't want to save your own country... What can I say?
Also: 31,000€ GDP per capita. How is that third world?

Attached: Screenshot_2019-05-07-21-17-25-869_com.android.chrome.jpg (1080x1157, 133K)

Greece must remember, every day Turkey becomes more independent, Greece becomes more valuable. You have great geopolitical location and it should cost someone greatly to use.

This is true, Greece is like Enron but on a scale of an entire country.

> Angry Greeks with no understanding of economics.

The fact you morons don't see your mentality being the cause of all your problems is hilarious. Blaming bankers because your country is a socialist hellhole with no trade power is just amazing. Don't you see? Greece is a very inefficient country with little in terms of value to the rest of the world. The US might be a shell of its former self, but the reason why it drastically spends on the military is for this very reason. Your country isn't allowed to do so because we decided Europe would be better off as one that shouldn't militarize, but educate, so we can import the ones who want to make money. Your politicians/people are just too stupid to enact good policies to grow the economy and prevent brain drain.

Exiting the EU won't solve your problems because you have no understanding of utilizing your few resources left, and will have no power in global trade. The US can live off debts because the world doesn't want war with us. Greece? Pay denbts or get fucked. If Greece had any balls they'd end the welfare state and create a more robust capitalist system that forces the poor to get their shit together. You can make the case that the US is no better off, but remember, we have military bases globally. We have google, facebook, and most of tech. What does Greece have?

>let me tell you about your country

You do realize the "pie" is now shrinking? 42% of ALL America is owned by 1% The government owns much of the rest, parks, buildings etc. Yet the people think they own while remaining a month away from foreclosure. All of the West has been "strip mined" by globalists.

Of course I understand this. I never said the US was in a great spot. We're only propped up by our military strength and destabilization methods globally. Most gains are seen by the top 1%. That doesn't mean we don't know how to recruit talent worldwide, we've done it for decades. The only ones left standing will be those who can avoid automation. The rest will end up in despair, as it's always been during technological leaps. The system won't collapse on itself because it's always fed new exploited labor constantly. That's capitalism, and will never change until those at the top decide it needs changing.

That's a pretty good response.

>The fact you morons don't see your mentality being the cause of all your problems is hilarious
We are not the cause of the problems you shill. It's (((them))). It's always (((them))) in every Western country. Can you just stop you kike servant? Please...
>Blaming bankers because your country is a socialist hellhole with no trade power is just amazing
Just shut up you filthy shekel sucker. (((Who))) made it a socialist hellhole? (((Who))) are the socialists? You just shill for (((them))), and you're putting the blame on the Greek people, who knew absolutely nothing about our (((governments))) borrowing endlessly so as to economically enslave us, with the (((governments))) lying endlessly to their own population?
>Don't you see? Greece is a very inefficient country with little in terms of value to the rest of the world.
Well, it wasn't insufficient until the 1990s, when our debt was low and didn't run on deficits. And we offer nothing, huh? I guess the thousands of real doctors who save your lives should return back? And the Greek scientists and researchers, who unlike the Hispanics and the niggers in the shithole you call a country, contribute to the world. We have innovation. But unfortunately we export it forcibly.
>The US might be a shell of its former self, but the reason why it drastically spends on the military is for this very reason. Your country isn't allowed to do so because we decided Europe would be better off as one that shouldn't militarize, but educate, so we can import the ones who want to make money.
"A shell of its former self"? You. Are. Controlled. By. A. Foreign. Tribe. Why won't you admit it? The most prominent economic and political leaders of the US are Jewish or under the influence of Jews. As for the military, you're repeating what I said on my remarks about the military. We still have a more efficient army than our neighbours though. But (((the EU))) won't let us optimise. Because of "muh costs".

>Your politicians/people are just too stupid to enact good policies to grow the economy and prevent brain drain.
Not the people. Just the politicians. You know how many thousands of initiave start-ups have been created in Greece who make economic research in order to find solutions for the brain drain? You literal brainlet. You don't even know what's happening in our country in depth, but you say we don't do anything to prevent brain drain? The simple citizenry does their best to keep the youngsters in. And thankfully our youngsters are not like "'Muricans", that meaning the new, "diverse" generation, that are unironically braindead. And they're creating business. Not just with tourism. In fact, mainly with technology. Because we've understood that tourism means shit. For real.
>Exiting the EU won't solve your problems because you have no understanding of utilizing your few resources left, and will have no power in global trade.
We don't know how to utilise our resources? We have made thousands of researches on the utilisation of our resources for 15 years now. 15 years. But as I said, "muh European competitiveness doesn't allow countries to be actually independent". As for global trade, multiple policies regarding global trade have been drafted in secret. I've seen them now that they're leaked, and believe me, they are actually excellent. We could come out on global markets with these policies. But again, "muh EU says only exports in EU member states".
>The US can live off debts because the world doesn't want war with us. Greece? Pay denbts or get fucked.
"The US can live off debts"? BAHAHAHAHAHA!!! You what? Once (((the tribe))) decides you're ultimately useless, (((they))) will bankrupt you and destroy you entirely. Dude... You can't live off debts. Especially if they're coming from (((the tribe))). You just can't. You're just (((their))) ultimate means if domination on a global scale. (((They))) can't make their ultimate weapon useless from now.

>If Greece had any balls they'd end the welfare state and create a more robust capitalist system that forces the poor to get their shit together
So, I guess all of Europe should do the same huh? As for the capitalist system, that worked great for the US, didn't? There are still millions of poor lads trying to get their shit together through hard work and they never succeed. As for Greece, let's be practical: we don't have a welfare state for 11 years now almost. And our welfare wasn't the one that devastated the economy. It was certain infrastructure projects that cost billions. Especially in the Olympics. The welfare was fair made money from taxation. It was the infrastructure projects for the Olympics that indebted us for real.
>You can make the case that the US is no better off, but remember, we have military bases globally. We have google, facebook, and most of tech. What does Greece have?
(((Google))): biased against anyone who's not leftist
(((Facebook))): Controlled by (((Zuckerberg))), purging the alt-right to death.
And most of the tech: Excuse me? Most of the tech came from Europe, especially Britain, Germany and France. Not fucking Muttland. And until now, we have 6 industrial manufacturing companies of our own that produced excellent devices, especially for the house, like fridges, laundry machines, electric stoves and literally all household appliances. With some serious advanced technology like this for example:

And these devices last for years. Like literally over 20 years.

And until 2011, we exported a lot of these devices in all of Europe. Like, a lot.

Attached: pitsos-wqp1400g9.jpg (458x458, 29K)

What the fuck happened in 1973 ? The "Pompidou (french president at the time, ex Rothschild banker), Giscard (finance minister), Rothschild" law.
fr.wikipedia.org/wiki/Loi_sur_la_Banque_de_France

Attached: Dette-France-Charge-Interet.png (1717x1033, 364K)

Like every single time. The Jews. And in particular, the Rothschilds.

politics and conspiracies apart, most greeks are lazy, retarded, too blinded by their political party/ideology, don't care to make the slightest change to the better for our goddamn society but only care for personal interest (nothing about common good and prosperity), tax evaders, don't respect most of the rules anywhere (from cheating to fucking middle school to parking wherever the fuck you want), try to take advantage of other no matter what the cost is, and just shit in general.

i seriously hope this country gets nuked/conquered. if you're a greek and deny ALL of the above is true a) you ARE the above and b) you are in denial because of a).

our ancestors must be rolling in their graves ashamed