From the looks of it, the EU is going to collapse. Not to mention the entire world economy along with it
[QUOTE=shutter_eye5;41007614]From the looks of it, the EU is going to collapse. Not to mention the entire world economy along with it[/QUOTE]
I think that's a little melodramatic. Greece'll probably get kicked out if it gets that bad, the rest should be able to manage.
[QUOTE=shutter_eye5;41007614]From the looks of it, the EU is going to collapse. Not to mention the entire world economy along with it[/QUOTE]
Some countries are doing bad, some have recovered, and some countries are still growing along with their economy (Eastern EU members)
Greece=/= Whole of EU
[QUOTE=Dr. Ethan Asia;41003870]I'm more inclined to say Italy being next. Their economy is shrinking even more than the rather ungenerous forecast.[/QUOTE]
Corrupted nations are collapsing one after another it seems.
Hopefully through this crisis their governments are purged and by purged I mean in a nonviolent, non-stalinist manner to get rid of the corruption. I mean holy shit it really is bad when italians think that they'd be better off with a foreign officials leading their country.
I have a friend in greece right now... I told her I wouldn't go because greece isn't exactly stable right now.
[QUOTE=ionuttzu;41007689]Some countries are doing bad, some have recovered, and some countries are still growing along with their economy (Eastern EU members)
Greece=/= Whole of EU[/QUOTE]
True. You do have a point
[QUOTE=ionuttzu;41007689]Some countries are doing bad, some have recovered, and some countries are still growing along with their economy (Eastern EU members)
Greece=/= Whole of EU[/QUOTE]
Just so you get a general idea.
[img]https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-ash4/284241_624529847577136_1647434965_n.png[/img]
[QUOTE=Maestro Fenix;41003698]We are the next.[/QUOTE]
you can still get out of there
just remember when the shit hits the fan you've got a buddy on the outside as physically far away from the shit going up in europe as possible waiting to get you out of there
and they have no one except their shit government to blame
thanks politics
[QUOTE=deltasquid;41004357]According to De Standaard (Belgian newspaper) this puts Greece on the same level as South Korea and doesn't mean they're a banana republic now
So... Could be worse, I guess? I didn't even know South Korea was considered anything less than a developed nation.[/QUOTE]
I'm pretty sure china, india, brazil and russia are considered developing countries too despite there being large chunks of it that are pretty well off, popular to visit for tourism, live abroad in, etc
Developing country doesn't equal complete crap, it means that it's not quite there in the human quality of life index and economic index to be considered a fully developed nation (like the US or EU). Now what would be bad if greece had an underdeveloped status, because thats what most places in Africa and the middle east are like.
Of course the big downside with greece is that it's a developing nation that is losing more and more development, quality of life, economic powers, etc while almost all the other developing nations out there (like brazil and india) are staying steady or slowly getting better with the status of their developing title.
[QUOTE=KorJax;41009544]I'm pretty sure china, india, brazil and russia are considered developing countries too despite there being large chunks of it that are pretty well off, popular to visit for tourism, live abroad in, etc
Developing country doesn't equal complete crap, it means that it's not quite there in the human quality of life index and economic index to be considered a fully developed nation (like the US or EU). Now what would be bad if greece had an underdeveloped status, because thats what most places in Africa and the middle east are like.
Of course the big downside with greece is that it's a developing nation that is losing more and more development, quality of life, economic powers, etc while almost all the other developing nations out there (like brazil and india) are staying steady or slowly getting better with the status of their developing title.[/QUOTE]
Every country has a chuno doing pretty well, popular for tourism, etc etc.
The old standard if Im not mistaken was by industrialization. So, we have to add in:
-Unemployment
-Debt.
-Deficit/Surplus.
-Growth Rate.
Regarding Brasil, they have been doing pretty well for the last years, but recently, issues related to overprices, obsolete infrastructure, R+D are coming up to the surface, and analysts from my country say that if they don't invest a large sum in fixing those areas, things will get ugly in the future, therefore, getting ugly for every single neighbor....including Argentina.
EDIT: Well fuck 21th Century economics. In the old times you could tax the fuck out of everything and build up industry. Nowadays, that makes you a goner.
[QUOTE=Dr. Ethan Asia;41003870]I'm more inclined to say Italy being next. Their economy is shrinking even more than the rather ungenerous forecast.[/QUOTE]
I thought Italy was actually in good shape, it's just greece's problems and extra debt that cause a slight deficit.
Is there recent problems?
[QUOTE=shutter_eye5;41007614]From the looks of it, the EU is going to collapse. Not to mention the entire world economy along with it[/QUOTE]
Nah, not Sweden and other countries who dont use the Euro. So god damn glad that we didn't switch to Euro in 2010, still sucks for Greece.
you earned it.
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