Hello Mister Walrus Wrote: ------------------------------------------------------- > While it’s certainly possible that the Euro will > be dissolved, this is a highly unlikely scenario > for the foreseeable future. It’s more likely that > the EU will tighten its membership requirements > and/or kick out the countries that are f*cking up > everything. The EU originally had 6 (?) members, > but now there are 27. There is a lot of fat that > could be cut if necessary. You don’t think there is fat here in the US ? It’s actually mostly fat. Greece is nothing, wait for California this summer.
…I’m not sure if you can compare Greece to California. California needs a few billion dollars to solve the current budget crisis, but it contains Google, Stanford University and the rest of Silicon Valley, the best public university system in the world, Hollywood and world-leading biotechnology research. The California crisis is temporary. Greece’s problems are chronic.
Hello Mister Walrus Wrote: ------------------------------------------------------- > …I’m not sure if you can compare Greece to > California. California needs a few billion dollars > to solve the current budget crisis, but it > contains Google, Stanford University and the rest > of Silicon Valley, the best public university > system in the world, Hollywood and world-leading > biotechnology research. The California crisis is > temporary. Greece’s problems are chronic. Good points there. Greece does have a tourism sector, but then again, so does California.
Hello Mister Walrus Wrote: ------------------------------------------------------- > …I’m not sure if you can compare Greece to > California. California needs a few billion dollars > to solve the current budget crisis, but it > contains Google, Stanford University and the rest > of Silicon Valley, the best public university > system in the world, Hollywood and world-leading > biotechnology research. The California crisis is > temporary. Greece’s problems are chronic. Greece can be “forced” to balance their budget by other EU members, California can’t. On one side you have the Unions who control the legislature and will not accept any decrease to their fat pensions or other entitlements. And on the other you have voters who will not accept any tax increase no matter what. Unless we get another Dot Com like period with huge corporate taxes coming in, I don’t see how this conflict can be resolved.
Are you just arguing for the sake of arguing? You can’t seriously believe that CA is more owned by unions and welfare recipients than Greece.