tag:blogger.com,1999:blog-2948538160252327076.post4461766632163280300..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Pay back time in GreeceAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2948538160252327076.post-53652068638253690602011-10-21T12:52:52.182+01:002011-10-21T12:52:52.182+01:00"Tramping around the centre of the capital is..."Tramping around the centre of the capital isn't going to generate any additional revenue for the Greek state."<br /><br />Of course it will. The public destroy the buildings and infrastructure through rioting. The government have laid off the workers that would fix the damage. Private firms are required and paid to do the job, a very slow but effective movement of funding back into private and therefore back into a possible growth model.<br /><br />Easy as.<br /><br />.. now if we can just maintain the level of rioting... ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-64915555005534376092011-10-21T11:33:36.762+01:002011-10-21T11:33:36.762+01:00No pay cuts for the "leaders" though.
UK...No pay cuts for the "leaders" though.<br />UK councillors to get a rise of 25%on "allowances".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-78328245970491603202011-10-21T09:54:19.482+01:002011-10-21T09:54:19.482+01:00Whether Greece defaults or not? Greece already ha...Whether Greece defaults or not? Greece already has defaulted in all but name. It is rolling over its debt only thanks to support from other governments. And its paltry revenues are about to collapse thanks to the effective shut down of its finance ministry. The only question now is how much the creditors lose and when they acknowledge they've lost it.Anonymousnoreply@blogger.com