Well Lexi, we let the poor Greeks off the hook, as we wandered off topic.

From what I'm reading elsewhere, things may be worse in Europe than we are being told.

Super profit tax may be of purely academic interest. Her ladyship may have to introduce a losses tax to pay for her excesses.

Remember it is a curse when someone suggests "may you live in interesting times". I think ours are about to get far more interesting than we might want.

Wish we could talk about our plants Hasbeen,have great blooms out now.
Sorry but no.
We are being told,have been for a year.
We just need to research, not a bad idea when starting such a thread actually.
My threads GFC still here, and a continuing line of warning ones have seen many fears out lined in those 12 months here.
Gee! brave act! fair dinkum, blaming Gillard for actions Rudd took, that stopped Australia getting in the same trouble! OUTSTANDING!
Here are my views to counter yours.
Hawk/Keitting/Howard took this country in to its current well found position.
Your Bias will not change the truth.
Labors opening of our banks , with more control than other country's.
Understanding the need to free up trade, IN TRUTH won the admiration of Conservatives.
We owe them all a great deal see Howard on that list.
At the time? the croaky voice of the hairy fear monster came out of conservatives cave,we will all be ruined.
Mining and such better rules for banking and this country under writing banks kept the movement forward.
Dr NO chanting mindless rubbish, on gaining office will dump the lot.
We will not see those such as you but many future conservatives look back and praise Rudd.
The world is on the brink, if trade stopped now, we too will be poor,but not as poor as every other developed nation in the world.
continued

Hasbeen what is taking place in Europe now is not a recent event.
It is the GFC it has not gone away.
In a way it is in part Ajay's conspiracy in real life.
It had to come, over spending, individuals, firms, country's, spent too much.
Increased productivity demanded increased spending.
In America, home of the greedy,borrowing is just paper, here we stop paying our loans we see our home and property sold.
There? they locked the doors walked away from home loans and dept.
Growth is not good, not always, one day it will be seen as evil.
Credit oils Capitalism, we have no better system.
But misused credit missed scheming, growth bought about this crisis.
Look at sub prime loans, see the true nature,selling risk?
In truth you and I you from a far different back ground.
Me my last day at school I was in reality a casual visitor to, at age just before 13, should both fear this.
We both should be out there in the nearest protest camp.
It is you and I middle Australia/World who are victims of a financial system that let us all down.
GILLARD she did it! ROTFL!

mr bell said..""the croaky voice of the hairy fear monster came out of conservatives cave,we will all be ruined.""

mate..the priuce of housing is falling globally
[300 per day in portugal alone]

thats no 'fear monster]..
its alomost equal your armogeddon topic
anyone can see the end..means we all go a slow bake
till the bankers own it all

think why you said..""this country underwriting banks kept the movement forward.""..yes the bankers will be fine..they used your money

of course..""many future conservatives look back and praise Rudd..""guilard/keating.

""The world is on the brink,""

yes your right[again]

""if trade stopped now,
we too will be poor,..but not as poor as every other developed nation in the world.""

if your thinking your super is safe..mate your dreaming
and you will still be FORCEd to pay carbon tax

""what is taking place in Europe now..is not a recent event.

In a way it is in part Ajay's conspiracy in real life.
It had to come, over spending,
individuals, firms, country's, spent too much.""

now govt has tied a tight knot
noose arround all our necks..an EVER INDEXED c02 tax
that goes up every year..just like the smokers tax..[clever indexation
that heat..that just keeps on slow cooking]

""It is you and I middle Australia/World
who are victims of a financial system that let us all down.""
ya at least realise that

""GILLARD she did it! ROTFL!""
no mate..,she put the last straw on our backs
[not just on the 500][spin mate..she put in the last nail..!

Ahh well it will all matter for nought what we all waffle on about here.
I think it was Belly who said the GFC was still here.
Spot on Belly. The problem is it does not matter what Lexi, Shadow,
Belly, Rehclub, pericles etc etc and myself say when the people who
matter have been in denial for years.
They were first warned in 1956 and by experts in the field ever since.
The arithmetic is so well drawn that Hubbard in 1956 was only six
years out in the date when Global oil production would stop
increasing in 2006.

None of those in the EU, IMF etc etc are taking into account that
growth has stopped and is unlikely to ever return.
They have not been able to accept that everything has changed and
their only solution to debt is growth.

The same applies in our economy. Neither the government or the
opposition have taken into account that their efforts in increase
growth are really only money printing exercises and any "growth"
they see will be an illusion.
The growth in green jobs may well come into being but they will not
be able to result in growth, it will just be job shuffling.

While I understand all the puffing and blowing about global warming
it really does not matter, geology couldn't care less.
They will just about be getting the whole CO2 program well into its
stride when they will be hit square between the eyes by a very big
failure in energy affordability and a need to abandon all programs
that do not relate to energy supply.

It will be a world wide wakeup, not just Australia.

Actually folks, I was talking about the relationship between the governments, & even more so, relationships & history between some of the main players in the EU.

There is little doubt that there is about as much good will in the negotiations going on there, as there is between Rudd & Gillard. Many are more interested in paying back old grievances, than in sorting out their problems.

I'm not sure which is the leader, but the EU, & the UN do appear to be excellent places to learn how to smile, as you sink in the knife.

Familiar anyone? Just as here, it's a bit hard to achieve much, while one hand is hiding the bloody knife behind the back.