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IS the U.S. becoming like Greece?
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IS the U.S. becoming like Greece?

  #1 (permalink)
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IS the U.S. becoming like Greece?

The Eurozone needs to start walling everything off from Greece to minimize damage and let it fail. I am just amazed at the attitude of the Greeks. Do nothing entitlement mentality is astounding. I think no matter how much money is dumped into Greece unless that socialistic mentality changes it will be a black hole.

You hate to see people suffer but when you only work 3 days a week, get giant pensions for doing nothing, and expect the wealth of the rich to be redistributed you really bring it on yourself. The problem is the mentality will not be changed overnight if ever.

What is scary is this same mentality in Greece is slowly ebbing its way into the U.S. If we can learn any lesson here it is this is where the U.S will end up if this mentality takes over. Sitting around playing Xbox while demanding the rich pay their fair share is ridiculous. Go out and earn it yourself.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #3 (permalink)
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Bottom line until we get rid....



liquidcci View Post
The Eurozone needs to start walling everything off from Greece to minimize damage and let it fail. I am just amazed at the attitude of the Greeks. Do nothing entitlement mentality is astounding. I think no matter how much money is dumped into Greece unless that socialistic mentality changes it will be a black hole.

You hate to see people suffer but when you only work 3 days a week, get giant pensions for doing nothing, and expect the wealth of the rich to be redistributed you really bring it on yourself. The problem is the mentality will not be changed overnight if ever.

What is scary is this same mentality in Greece is slowly ebbing its way into the U.S. If we can learn any lesson here it is this is where the U.S will end up if this mentality takes over. Sitting around playing Xbox while demanding the rich pay their fair share is ridiculous. Go out and earn it yourself.

....... of the central banks/bankers... This is just going to get uglier and uglier - The US will make Greece look like a picnic at the park. Now of course it depends on what you listening to get ones info on what is going on in Greece, but for me I have very little use for what I call the alphabet media (ABC_NBC_CNBC FOX etc etc)... If one wants a perfect example of a country who has got together -....Look to Iceland!!!... Bankers are getting put into jail and in a short period of time the country is rising back...

Supreme Court of Iceland convicts Two Bankers for the Collapse. Another banker yet to be put on Trial.- Sherrie Questioning All: Supreme Court of Iceland convicts Two Bankers for the Collapse. Another banker yet to be put on Trial.

Icelanders Force Accountability for Banks – Why Can’t We? - Ever since Iceland’s economy collapsed in 2008, the country has been busy reinventing itself. The first step was to restore democracy through a turbulent nonviolent struggle, then to force resignations in the financial sector and secure a criminal conviction of their prime minister for dereliction of duty. Now they are exploring getting a new currency: the Canadian dollar.

If Icelanders think their traditional money has lost its legitimacy, why not adopt the euro or the U.S. dollar? Too much influence from the big banks of Europe and the U.S., they believe. Better to risk interference from the smaller and much better-regulated banks of Canada. (Canada, like the publicly-owned state bank of North Dakota, did far better in the 2008 crisis than most of the U.S. and Europe.)... Icelanders Force Accountability for Banks – Why Can’t We? - Waking Times : Waking Times

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If you want an independent media for having a french point of view about the european/american crisis, you can find a lot of interesting posts there: Paul Jorion's Blog.

It maybe can help you to have a different vision of the story...


Quoting 
You hate to see people suffer but when you only work 3 days a week, get giant pensions for doing nothing, and expect the wealth of the rich to be redistributed you really bring it on yourself. The problem is the mentality will not be changed overnight if ever.

I like the lies from the economic/liberal press/politics... Also it's not a problem of mentality, people want to work, they just do not find jobs.
That's not lazy people as the richs say. But that's easier to say it's poors fault.

BTW maybe you should be also concerned with the US debt before criticizing the European one.
Because Europeans are not the winners.

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I read an article where it talked about the retirement age being around 58 in Greece and they are trying to push it lower. In Germany it is 69 and that is probably going higher. Highlighted to me the mentality I was speaking of when started this thread. Reality is the mentality of Greece as a whole is work as little as possible and let others like Germany work hard to support me. You know the whole "fair share" thing that is being bantered about by Politicians in the U.S.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."

Last edited by liquidcci; June 18th, 2012 at 02:07 PM.
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The US was like Greece before Greece was like Greece....

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liquidcci View Post
I read an article where it talked about the retirement age being around 58 and Greece and they are trying to push it lower. In Germany it is 69 and that is probably going higher. Highlighted to me the mentality I was speaking of when started this thread. Reality is the mentality of Greece as a whole is work as little as possible and let others like Germany work hard to support me. You know the whole "fair share" thing that is being bantered about by Politicians in the U.S.

You don't know much about Germany then.

I remember calling a German subsidiary in July and being told the guy I needed to speak to was on vacation & would be back in September.

List of statutory minimum employment leave by country - Wikipedia, the free encyclopedia

Germany is just above Greece in this picture...

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DionysusToast View Post
You don't know much about Germany then.

I remember calling a German subsidiary in July and being told the guy I needed to speak to was on vacation & would be back in September.

List of statutory minimum employment leave by country - Wikipedia, the free encyclopedia

Germany is just above Greece in this picture...


lol Dionysus you have a point. Most of Europe takes unbelievably long vacations. I do some business with European companies and it can be maddening when they leave for a 3 month vacation. Especially if they owe you money.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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that's just/still bullshit, in France (a lazy country for americans), most people have between 5 weeks and 7 weeks of vacations (about 1,5 month in the year...) not three months or whatever.... And It is also the same in other countries of Europe...

What should not be read...

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Laurent View Post
that's just/still bullshit, in France (a lazy country for americans), most people have between 5 weeks and 7 weeks of vacations (about 1,5 month in the year...) not three months or whatever.... And It is also the same in other countries of Europe...

What should not be read...

Laurent not trying to offend don't think you have to resort to language. 7 weeks vacation is somewhat foreign to most in the U.S. and is considered a long time. Maybe we are workaholics. However, I do have many customers in Europe who essentially shut down for 3 months which is what I was specifically speaking to. You cannot say my experience is BS because it is true.

My point was not to implicate all of Europe but to point out Greece should not be bailed out because they have a mentality that will just lead to a repeat.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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