September 22, 2015 at 3:10 pm #43978
I think that language proficiency as well as true and demonstrated desire to be integrated into the host society should be mandatory. People should always respect the country that accepts them and that means respect the rules and customs as they find them and not wanting to change them to the detriment of the native citizens. It’s the newcomer who should primarily have to adapt, not the country that gives them job and life opportunities. Of course, respect must be earned and that goes both ways, however it’s common for newcomers to come shouting and demanding rights and things to change to favor them, and anyone opposing this is immediately called racist for no apparent reason other than calling out the obvious. Apart from that, while empathizing with the average person in a crisis, domestic or international, it’s also about numbers – influx of people that a country may not be able to support without destroying its own infrastructure, and money needed to be able to deal with such events that are not a one-off, but constantly pour into the country. In any case it’s a mess, and Greece is no different on that respect.
With regards to an update, Greece has just had elections as you probably know and contrary to certain predictions, the same people remain as government (Syriza- Anel) with 35.43%. The small party (Lae) didn’t make it to the parliament as their ideas to go back to drachma without having a solid plan for the day after failed to infuence a lot of people. Potami also saw its numbers significantly lessened and will have to reassess its own line. New Democracy (ND), the largest percentage that came (28.1%) second with about 7% difference in voters, will also have a change in leadership by November as they deem that new faces are needed to convince larger numbers of people. PASOK said it was pleased to have achieved their own small percentage (6.28%) but unless they cooperate with other middle ground parties and unless they clear their own name (involved with great corruption scandals like ND), it will be unclear whether it will have a true future in the parliament. The communist party (KKE) seemed neither strengthened nor weakened, keeping to about 5.5%. Third party was the Golden Dawn with 6.99%, a percentage that surprised many despite of the refugee crisis. Leventis in EK (enosi kentroon) got about 3.4% and entered the parliament for the first time.
It’s too early to say more but more updates will follow as more data will come apparent in the following days.September 22, 2015 at 3:23 pm #43979
Thanks for the update, Proteus. For at least some of us that haven’t closely followed the intricacies of Greek politics, keeping track of all the parties and factions is a bit daunting. Your updates on what’s really happening as a result are much appreciated, because even those of us not particularly familiar with how it all works in Greece, still realize the importance of Greece geographically and otherwise. I look forward to more substantial updates as the dust settles a bit over there (or at least until new dust clouds get kicked up). It will be fascinating (and probably instructive) to watch the interaction between internal Greek affairs and the heavy hand of the EU (and their inherent socialist underpinnings).September 22, 2015 at 8:41 pm #43988
Thanks for the update. You are correct as to those coming into a country need to want to assimilate and respect local culture. You are also right concerning a country being able to only absorb so many people without destroying its own infrastructure. The schools, hospitals, available housing, water, sewer, gas, electric, trash removal, and so forth of any town or city is sized for a certain number of people and cannot instantly absorb unlimited numbers, nor can a country feed unlimited numbers of people.November 2, 2015 at 12:53 am #44768
Greetings my friends. After a prolonged absence due to certain health reasons, I am back with another update. It is painfully apparent that news reports seem to be hailing Tsipras in Greece as a true statesman (as Der Spiegel seems to claim about him) and other stuff that seem to show that this government is on its way to a working solution… alas, it couldn’t be further from the truth! The measures they are taking are mostly theoretical as they have a huge problem being paid from ridiculous taxes they conjured up. Adding more to insult, they come up with tax measures let’s say starting this month, but collecting BACK since the beginning of the year… obviously these guys have discovered Time Machine economics in order to squeeze the last meagre sums of money from the pockets of the people (or wherever they stash them, as long as they are out of the banks). Seriously, it’s would be a joke during better times, but it’s causing an outrage. The news here are full with articles about putting measures up to gauge people’s reactions, then retracting them and having to find equivalents, and so on… the government seem to be clueless as to having to stick to what they promised and the EC knows about it. The problem is that their political opponents seem just as much clueless as they are, unless of course we bring to mind the parties that were steeped in corruption and actually are responsible for bringing the country into that mess. It’s deplorable but it seems that in 2016, there’s going to be hell to pay (locally through unrest, if not coinciding with some global war flaring in the Middle East, the Arctic and the South China Sea).
Some numbers: Since the beginning of the crisis in Greece in 2009, more than 108 billion euro seem to have vanished from the country to destinations abroad or who knows where. Out of that sum, 42 billion have vanished in the last 12 months. The total available money in Greek economy in the fall of 2009 was 262 billion. Now it’s only 153 billion. From these 153 billion, the actual hard cash circulating about in the market are 26.9 billion only.
These figures have taken into account the M1, M2, and M3 markers that incorporate current circulating coin, cash flow, sum of savings and current accounts, Repos and other financial data.
As you can see, in Greece it’s very likely that the S will HTF fairly soon (unless Santa Claus delivers bags of money through the chimney alongside Christmas presents).November 2, 2015 at 12:57 am #44769
Proteus, is price of gold in Greece going through the roof?
RobinNovember 2, 2015 at 1:10 am #44770
Not exactly, but they have made it harder to obtain and they are also trying to regulate it (ie to have to state how much gold you have in coins even at home – above a certain small limit, this amount would be taxable!) Also, with regards to the gold market, one has to be excessively cautious in case if they try to buy gold it’s impure. Even rigged balances are used to cheat the unaware. So if one wants to invest in gold, one has one has to use all sorts of tricks to ensure that what they are getting is actually what worth of what they are paying.November 2, 2015 at 2:06 am #44772
Glad to see you back – was getting worried something had happened. Sorry it’s health issues, but glad you’re still putting two feet on the floor under you.
Sounds like the controls are getting absurd. And your assessment about what’s looming just over the horizon is clearly shared by many here, as you’ll see if you have time to look around at all the posts since you’ve been away (especially in the WWIII thread).
Best wishes with the health issues – just know that people around the world are thinking about you and sending “good vibes” your way.November 2, 2015 at 2:59 am #44775
I assume Greece will default and leave the Euro. It is just a function of when. I’m surprised it didn’t already happen.November 2, 2015 at 3:40 am #44776
I hope they do and go back to their own currency , there is no light at the end of the tunnel with the EU .November 2, 2015 at 5:26 am #44777
Whoever issues a nation’s currency becomes its sovereign, eventually, if not immediately; in fact, if not in law. A nation aspiring to sovereignty should responsibly issue its own currency. The USA once did, before it was relegated to rescuing the unwise investments of the issuers of its present arbitrary currency.
Cry, "Treason!"November 2, 2015 at 3:36 pm #44785
According to the Constitution , one US Dollar is supposed to be “X” grains of Silver . I will have to reread to find out how many , and how much a grain is in modern day .November 2, 2015 at 5:52 pm #44786
1 ounce = 437.5 grains. Grains are still used as a measurement in ammunition components.
November 2, 2015 at 6:16 pm #44788
- This reply was modified 4 years ago by 74.
I find it interesting that they are now looking to tax those people that are holding gold coins. As Proteus put it, they are trying every tax trick they can come up with to squeeze every penny they can out of the citizens. Then the politicians are surprised when tax evasion becomes the national past time.
Proteus does all of us a service with his updates, because it looks like Greece has been deemed the test tube where monetary games are being evaluated before being implemented elsewhere.
Proteus: Our prayers are for your good health.November 2, 2015 at 6:24 pm #44789
Roadracer +100November 2, 2015 at 6:53 pm #44790
Roadracer, spot on.
Tolik, Morgan silver dollars (late 1800s through early 1900s) had a total weight of 26.73 grams, and a composition of 90% silver/10% copper. One could therefore conclude that a dollar = 24.057 grams = 0.77345 troy ounces. Interestingly, a full ounce of silver at this moment is US$15.44, so that theoretically means that one of those 90% 1900 silver dollars (at 90% silver composition) has inflated to $11.94, for whatever that’s worth.
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