Lethal Medicine: ‘Greece testing ground for EU austerity hell’

6 Responses to Lethal Medicine: ‘Greece testing ground for EU austerity hell’

1. sam | February 7, 2012 at 4:09 am |

   it’s ok, they’ve turned off the message part. but it’s still taking your picture.

   smile!

   http://www.youtube.com/watch?feature=player_embedded&v=YcocIG1CA2k#!

2. microhousehold | February 7, 2012 at 5:23 am |

   ‘ Austerity measures taken, debt still growing’

   End quote.

   That says it all.

   @Sam

   The UK is like the DDR back in the days.

3. Mini US | February 7, 2012 at 7:23 am |

   The whole of Europe is the testing ground for world order.

   Sovereignty given up = Check
   Allow bankers to lead your country with no elections = Check
   Vote for Lisbon treaty = Check
   Lose your own currency = Check
   Lose independent anything = Check

   etc, etc, etc.

4. I_Cant_Believe_Its_Just_a_Dip | February 7, 2012 at 11:27 am |

   ” Greece’s fertility rate is 1.3 children per women. This is nearly a full child below the “replacement rate”: the number of children needed to maintain the current population.
   Greece’s population of 65 and over has soared from 11% in 1970 to 24% in 2010. It will hit 33% by 2050. Meanwhile, Greece’s working population will decline to 20% over the same time period.Because of this, Greece spends 12% of its GDP on pensions.

   As if this weren’t bad enough, the unemployment rate for Greeks aged 15-24 is 40%. For Greeks aged 24-34 it’s 22%. Imagine being a young person, not being able to find a job, and then knowing that huge percentage of your efforts (42%) are going to be taxed to fund all the crazy social welfare programs for Greece’s aging population. Small wonder that seven out of ten young Greeks want to work abroad and four of out ten are actively seeking work outside of Greece.
   Also, it’s no surprise that those Greeks who do have jobs, don’t want to pay this massive tax load. Consider that the Greek working population is roughly seven million people. 95 percent of them declare annual income of less than 30,000 euros.
   So that’s the situation in Greece. Terrible age demographics, an economy that’s in the toilet, and politicians who simply don’t get it.”

5. Alf | February 7, 2012 at 2:32 pm |

   What more do the banks/creditors want out of Greece?…The EU to chop-off the heads of all Greek people and deliver them to the banks?…it’s impossible for Greece to pay this “bogus debt.” there’s no credible financial solution only default.

6. trooper dave | February 7, 2012 at 11:02 pm |

   Anybody who believes the mantra “that Greeks are liars and lazy and have to suck up the austerity because it is their own fault and my countries financial sectors needs payment to maintain living standards here”…. Well, you are next. Country by country will be subjected to every increasing cuts in living standards and services…. SO only the financial sector can suck all the life out. In dominoes if the first domino to fall is pushed off target then the rest will stay standing.
   So unless you wish to live under a falling domino ready to crush the life from you understand this… Greece needs to revolt