FabSwingers.com forum: The internet is trying to bailout Greece

By *hyllyphylly OP Man
over a year ago

Bradford

Someone has set up a page, on the crowd funding website indiegogo, to try and raise €1.6bn to bail out Greece.

As of the time of writing this, they have got €311,254 with 6 days to raise the rest

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By *oxy_minxWoman
over a year ago

Scotland - Aberdeen

"Someone has set up a page, on the crowd funding website indiegogo, to try and raise €1.6bn to bail out Greece.

As of the time of writing this, they have got €311,254 with 6 days to raise the rest "

really?

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By (user no longer on site)
over a year ago

Keep us updated. This is interesting.

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By (user no longer on site)
over a year ago

Maybe I should ask them to set up crowdfunding to help me with my financial difficulties.

I certainly don't need 1.6 Billion Euros

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By *hyllyphylly OP Man
over a year ago

Bradford

"Someone has set up a page, on the crowd funding website indiegogo, to try and raise €1.6bn to bail out Greece.

As of the time of writing this, they have got €311,254 with 6 days to raise the rest

really?

Yeap, now on €324,814

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By (user no longer on site)
over a year ago

Saw this on my Facebook feed interesting.

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By *hyllyphylly OP Man
over a year ago

Bradford

Since I can't link it directly, here's The telegraph with a link on it

http://www.telegraph.co.uk/finance/economics/11708277/Crowdfunding-campaign-to-save-Greece-hits-130000-euros.html

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By *erbyDalesCplCouple
over a year ago

Derbyshire

"Someone has set up a page, on the crowd funding website indiegogo, to try and raise €1.6bn to bail out Greece.

As of the time of writing this, they have got €311,254 with 6 days to raise the rest "

They would have done better to have trademarked the names of their islands, if they had just 1€ for time I'd seen a video starring some women from Lesbos...

Mr ddc

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By *asques and boxersCouple
over a year ago

Ashford and dept16

Just tried the site it had fallen over due to level of interest!! Just thinking about the markets they've lost so much they could of done a private bail out instead to ease the way!!

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By (user no longer on site)
over a year ago

I'll give them a fiver, if a can get one of their islands in return.

I think that's fair.

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By (user no longer on site)
over a year ago

Bailing out Greece is like filling up a bucket with a hole at the bottom

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By (user no longer on site)
over a year ago

They must have signed up to the loans knowing what their responsibilities were re repayments. They should manage their economy better.

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By (user no longer on site)
over a year ago

"Bailing out Greece is like filling up a bucket with a hole at the bottom "

I completely agree

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By (user no longer on site)
over a year ago

We bailed them out once so if we bail them out again, how many more times are we going to have to do it ????

I'll try that each time my bank account runs low - I'll just ask the bank to dump a few quid into it .....

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By (user no longer on site)
over a year ago

"Bailing out Greece is like filling up a bucket with a hole at the bottom

I completely agree"

Okay add in Italy, Spain, Portugal, and the other 3 heavy in debt Euro countries...

Pet hate now STOP blaming the Greeces..it was not only the Greeces who got into a mess but look at Italy 132% of GDP in debt strongly followed by Spain - When Brussels bailed out Spain and Portugal and the money went straight to the German and French insurance companies and banks did the press in Britain "scream"?

Greece was overrun with loans by Brussels and everyone knew that they could never repay but in the 90's money was cheap and everything was booming.

And now ? Money is cheap but the Euro zone is Zombie land...exports have broken away, tourists from abroad stay away and there's nothing left.

All that money which went into the "bucket" never ever saw Greece, but was used in Brussels to repay German, French, US banks and of course the IMF loans.

So therefore the credits given were never used to "help" Greece get going again but were used to 78% to repay interest, loan outstandings, penalties of Brussels for breach of agreements.

Greece has no chance to move as bound in a currency which is not flexible, as it does not accept that 1 part in a whole is maybe weak and needs time to recover.

The Euro is an invention of Germany and France - The Germans to export and for the French to play Napoleon.

The Ecu the basket of European currencies worked perfect before the Euro but it did not give Germany an advantage in export as in this basket the Mark (DM) was 40% weighted and therefore costly for the product.

German was not exporting anymore!

Also to all those who shout and scream why should Greece get a cut in their debt - look at history and 1951 Germany. Under dication of the US, France, Britain and all the other allies had to write off their outstandings vs. Germany so that the USA had a better and bigger power in place vs. Russia.

Think about all that and stop bashing Greece thank you - they have gone through enough with OAP living on the streets begging as their pensions have been cut to nothing thanks Brussels, or children starving... Great Welcome to the real EU

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By *anDare70Man
over a year ago

kirkby

Well don't forget that while you were paying your taxes they typically weren't.

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By *northernsoulMan
over a year ago

Manchester

That's the difference between Greece and the UK - we get taxed to buggery (typically with none of the money going where it *should*) and they don't. That said, it's a beautiful country and the locals are the nicest people you could wish to meet, I hope they get sorted out.

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By (user no longer on site)
over a year ago

Eurozone(Wonga) + Greece(work-shy person) = unpaid loan

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By *mmabluTV/TS
over a year ago

upton wirral

Probably a con,some clever bastard will make off with all the cash.Probably going to Isis!!!

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By (user no longer on site)
over a year ago

Maybe they could just pay income tax and not retire at 61. Then they might not be up shit Greek.

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By (user no longer on site)
over a year ago

"Someone has set up a page, on the crowd funding website indiegogo, to try and raise €1.6bn to bail out Greece.

As of the time of writing this, they have got €311,254 with 6 days to raise the rest "

Do we get given a part of Greece for helping out ?

Him

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By (user no longer on site)
over a year ago

"Maybe they could just pay income tax and not retire at 61. Then they might not be up shit Greek."

NB.

Other economic policies are available.

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By (user no longer on site)
over a year ago

I bet this is giving George Osborne ideas...

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By (user no longer on site)
over a year ago

"They must have signed up to the loans knowing what their responsibilities were re repayments. They should manage their economy better. "

Problem is that for decades no bugger has paid the right amount of tax and they were retiring at 55 on fat pensions.

They should never have been allowed into the Euro but Germany bent the rules and forced them in when they did not meet any of the criteria.

Germany should pick up the tab!

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By *hyllyphylly OP Man
over a year ago

Bradford

Latest update. As of 10:52, the total is now €724,790.

Only €1,599,275,210 to go.

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By *dam_TinaCouple
over a year ago

Hampshire

"Latest update. As of 10:52, the total is now €724,790.

Only €1,599,275,210 to go.

Just on the phone to Roman Abramovich, bear with me

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By (user no longer on site)
over a year ago

"Latest update. As of 10:52, the total is now €724,790.

Only €1,599,275,210 to go.

"
.

If they raise 1 euro a second for the next 50 years... There sorted.. Of course that's not allowing for interest or inflation

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By *ordonBennettMan
over a year ago

dover

I wonder what's going to happen to this tidy sum that has been "collected" when Greece inevitably bails....

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By (user no longer on site)
over a year ago

"I wonder what's going to happen to this tidy sum that has been "collected" when Greece inevitably bails...."
.

Piss up anyone!

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By *bfoxxxMan
over a year ago

Crete or LANCASTER

If you want to help Greece,

Go there for your holiday.

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By *hyllyphylly OP Man
over a year ago

Bradford

"I wonder what's going to happen to this tidy sum that has been "collected" when Greece inevitably bails...."

All I know is that, under indiegogo rules, if the target is not reached, then all the money is automatically refunded to the people who donated.

Now on €802,990

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By *.TaylorMan
over a year ago

london

Anyone know what happens if the don't pay will it effect holiday goers

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By *abioMan
over a year ago

Newcastle and Gateshead

"I'll give them a fiver, if a can get one of their islands in return.

I think that's fair.

I bagsie corfu!!!! snooze ya lose!!!!

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By (user no longer on site)
over a year ago

"I'll give them a fiver, if a can get one of their islands in return.

I think that's fair.

I bagsie corfu!!!! snooze ya lose!!!!

Damn it!!

With so many to choose from I didn't think to call dib's.

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By *abioMan
over a year ago

Newcastle and Gateshead

"I'll give them a fiver, if a can get one of their islands in return.

I think that's fair.

I bagsie corfu!!!! snooze ya lose!!!!

Damn it!!

With so many to choose from I didn't think to call dib's.

that ok... i gave them 15 euros... i now own crete as well!!!

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By (user no longer on site)
over a year ago

"that ok... i gave them 15 euros... i now own crete as well!!!

Umm.. Is there are regulations to this or is it a land grab?

I'm a little worried as I have a feeling my weekly pocket money isn't going to complete with some of the sharks out there.

Yes, Fabio, I'm looking at you.

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By (user no longer on site)
over a year ago

Funnily enough that's exactly what the Germans have been trying to do, they want security and that means all the Greeks cash generating assets!... Leaving them even in a worse position to pay back any debts.

No for me, either the Germans have to bite the bullet and reduce their debt or they leave the euro and they make their own decisions on monetary policy

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