tag:blogger.com,1999:blog-1996390212365701706.post261771366253567798..comments2023-04-07T15:14:37.062+01:00Comments on Cool Story, Sis: They're Killing UsAnonymoushttp://www.blogger.com/profile/13479248880623705544noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1996390212365701706.post-44960487814421790102012-01-15T23:40:00.773+00:002012-01-15T23:40:00.773+00:00Warsyde, the problem with declaring bankruptcy(in ...Warsyde, the problem with declaring bankruptcy(in a nutshell) is that then you cant borrow any more money. <br /><br />If we take Portugal, the country borrows money every single day to cover expenses, and this is after the recent deep cuts to public programs and wages. So if Portugal declares bankruptcy then Portugal cant borrow money to cover those expenses and the politicians then have to cut even deeper.<br /> <br />I most cases declaring bankruptcy is the worst thing you can do.Konfuzfantennoreply@blogger.comtag:blogger.com,1999:blog-1996390212365701706.post-44560513153552191232012-01-13T22:02:00.748+00:002012-01-13T22:02:00.748+00:00It makes you angry, doesn't it? It makes me fe...It makes you angry, doesn't it? It makes me feel helpless.<br />Pulling out of the EU would cause us to revert back to our old currency which would be worth more or less the paper you wipe your ass with.<br /><br />But maybe it would force us to learn how to stand on our own too feet like Iceland did (at least, I think it was Iceland, well one of those cold places).<br /><br />People have already started taking out toll booths with shotguns, maybe I should pick up arms as well.Sarahttp://coolstory-sis.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-1996390212365701706.post-89457546481722993262012-01-13T21:43:53.482+00:002012-01-13T21:43:53.482+00:00As someone who doesn't live in Europe I can...As someone who doesn't live in Europe I can't claim my understanding is terribly clear, but I simply don't understand why European governments are flogging their citizens for money to make up for mistakes that the government made rather than eating some crow rather than filing for bankruptcy or suffering the consequences of pulling out of the EU.<br /><br />Would those things be bad? Assuredly. Is driving 95% of your population into poverty a viable alternative? Umm, I don't think so. But no politician wants to lose face by being the one that oversaw their nation going into bankruptcy or "failing" and pulling out of the EU.<br /><br />Nooo, much better to tax the common people into oblivion while at the same time massively reducing the benefits they're supposed to receive for those taxes. Yeah, that sounds good.Warsydenoreply@blogger.com