looks like Tsipras has folded

[Tetro Kornbluth]

This confirms it: Tsipras was always doomed to failure.

[Tetro Kornbluth]

Of all the absurd suggestions so far "five year sabbatical" is the most ridiculous.

If Greece is out, it's hard to see how it can get back 'in'.

[Tetro Kornbluth]

Today's events give great credence to the theory that the last few weeks have been nothing more than shadowpuppetry trying to put the blame for grexit on one party or another.

[Tetro Kornbluth]

Today's events give great credence to the theory that the last few weeks have been nothing more than shadowpuppetry trying to put the blame for grexit on one party or another.

On Germany's part, certainly. It's crystal-clear they don't give two f**ks about finding a mutually acceptable agreement.

Not necessarily Germany. Finland has just come out and said they are against a bailout and want Grexit. The Finns Party threatened to bring down the government otherwise.

Anyway, it looks like the Anti-Greece camp might get their way after all. Perhaps Tsipras is a successful master of 5D chess after all.

[Tetro Kornbluth]

It needs only 15% +1 of the European Stability Mechanism (ESM) votes to block the deal. But all those countries mentioned only have 10% pooled together.... unless Germany joins them, in which that will be enough to block the deal on their own.

[Tetro Kornbluth]

I was going to post the ESM voting table showing what percentage of votes each nation has - but for some reason the copy/paste function isn't working for me now on this board. It's on the equivalent thread on AAD for those interested.

Anyway, the Greek Government has announced that capital controls will remain in place for another two months. Great way to kill the Greek private sector then.

[Tetro Kornbluth]

Also, the idea that doing as the creditors wish will help Greece "live within its means" is utter nonsense:



Doing as they say hasn't helped them "live within their means," it's just systematically destroyed their means with which to live. 

If your "means with which to live" involves borrowing tons and tons of debt and expecting other to forgive you when they question whats that funny thing going on in your balance sheet, then your a hopeless country.

Greece needs to get kicked out and forced to live within their means which involves the EU not giving them any money until they learn to do so.

I assume this will also involve the EU keeping its promises in regards to freedom of movement while this happens?

[Tetro Kornbluth]

Sunday closing is a luxury now? Good grief.

[Tetro Kornbluth]

Sunday closing is a luxury now? Good grief.

Well, it is a bit like fox hunt, isn't it? Something both abominable  and wastefulthat rich people nevertheless enjoy, if they can afford it.

Oh f-ck off... As a genetic part-ulsterman, the idea that Sunday closing is 'for rich people' is one of the strangest and most hilarious ideas I've ever heard. Clearly in Mexico or Russia they lack the tradition of Sabbatarianism so prevalent in parts of the British Isles (slowly diminishing as we speak).

But hey it's leisure, and we all know that only the rich can relax.

[Tetro Kornbluth]

Sunday closing is a luxury now? Good grief.

Well, it is a bit like fox hunt, isn't it? Something both abominable  and wastefulthat rich people nevertheless enjoy, if they can afford it.

Oh f-ck off... As a genetic part-ulsterman, the idea that Sunday closing is 'for rich people' is one of the strangest and most hilarious ideas I've ever heard. Clearly in Mexico or Russia they lack the tradition of Sabbatarianism so prevalent in parts of the British Isles (slowly diminishing as we speak).

But hey it's leisure, and we all know that only the rich can relax.

Well, it is designed so that the rich people can hold the poor down, isn't it?

Citation Needed.

Because that's certainly not who supports it here [i.e. Socially conservative left-wingers and ultra-protestants]. To compare it to fox hunting is just... tone deaf at best.

You must be logged in to read this quote.

Hardly even remotely the same. Closing for work = not making an effort in anything now?

[Tetro Kornbluth]

To compare it to fox hunting is just... tone deaf at best.

Never assume the best It was deliberate, and, judging by your reaction, the tone was exactly the one intended

Ok. Fine.

But you need to explain how Sunday closing is a method by which "the rich can hold the poor down"... or am I assuming the best wrt to your words again?