Message from @orolyn
Discord ID: 530074078397202462
but it got me thinking a little about that, i wondered , even if brexit is good for the UK in 5-10 years, if the whole thing collapses later on then its gonna be a shit show for everyone. he says that everyone needs to unite to solve the problems with the EU itself via investments. but in my mind i feel that the EU collapsing is probably going to happen anyway, and his ideas might be wishful thinking
he also mentioned the Euro crisis was setup to happen from the beginning
yes, im not sure i understood his reason for why it was setup like that though
to gain the Federation
oh ye, for control
this feels like revelation to me, like something that was always in the back of my mind, but just recently realised
still, i liked his talk so, adding him to my watch list, for a while at least until i discover his secret agenda (if any)
lol the "collapse" and "uniting" are two sides of the same coin.
They're both the same game being played
:P a bit of chaos in europe might be healthy in the long run, booms typically follow strife. hopefully this time we can do it without a war
my favourite quote from the Joker "Introduce a little anarchy", a mantra i tend to live by when things in my world start to stagnate
That's not what anarchy means, but okay lol
Varoufakis was a fraud... he was supposed to save the Greek economy as the minister of Finance, but failed to meet any if his promises, failed to strike a repayment deal after the **third** Greek bailout, and generally pissed off everyone in Europe because he was pushing for a pardonning of the Greek debt
He was convinced that there was some sort of EU conspiracy against Greece
There isn't?
he tells about being assigned the post and first thing they said "sign here or we close all the banks in greece" or something along the lines and he talks about meeting obama, basically saying the same happened to him
No, the EU saved Greece three times from Bankruptcy and already pardonned one of their bailouts. The EU is simply pissed off now
Maybe socialism doesn't work?
Maybe not tying X nations to the same currency?
but that was the plan
it shouldnt work
He was part of the radical left wing greek party
does that mean hes done a u-turn?
You should never borrow money
You kinda have to sometimes tho
he blamed germany in part (german banks) for lending to foreign countries, as opposed to investing in their own businesses, which allowed greece to accumulate so much debt. at least thats what i understood from it
@M4Gunner there's nothing wrong in running a deficit, as long as the borrowed money is used to finance growth
It's often the only way for most countries
what if it's spent on hookers and blow?
But wont we at some point get into a point of no return once everyone is in debt?
in the context of giving money to another country, is there a difference between lending and investing?
A loan is an investment. Banks make money from loans
ok, so when Yanis' say the solution is to encourage investment, he is literally asking for loans? because the impression i got from "investment" was to invest in equity of businesses
there are already too many loans
@Trebjonn debt isn't the end of the world. Someone's debt is another person's profit. You can also sell debt.
too much debt generally
Gunner owes $150 to a friend that died. <:GWmythiFeelsBadMan:391321619748093972>
could always pay his next of kkin
no kids
@orolyn yes, get companies to move into the country to invest, and get banks and istitutions to finance projects