How would you fix Greece?

I'm pretty sure if we all brainstorm hard enough we will eventually come up with a solution that works

force them to learn latin

Increase tourism to pay your debts

grease, ids dime :DD
pay dhe denbt :DDDD

Print your own money again.

Force them to work

how does this even happen? I still don't get it.Plenty of governments can never pay off their debts but cover it by printing like crazy. So its not like you HAVE to pretend that you are taking your fiat currency seriously.

Thank you Greace for being so incompetent we finally are not alone in the bottom of all statistics, lol.

join EU

€

suck at global economies

debt, debt and, errmm DEBT

can no longer devalue your own currency to draw in investors

live as a vassal state to germans till the end of times

they only hand you a bone to pretend the EU is flawless

take it and do nothing about it

Zeus would piss on you all, pathetic

have some fucking services your country exists just for the tourism. Sell your ass to china or the EU, blockade with soft power the Bosphorus, Suez and off shore oil rigs to get a part of that money and political influence

yeah i get that but for example poland doesn't control the EU's immigration policy but still fucks around. We already have a central bank so might as-well save greece and keep up appearances.

Why is this a bad thing, they are working a few hours a day for enough money to survive, and they enjoy the rest of the time

Turn Greece into the biggest, most blatant tax haven on earth.
Make international companies set up shop in Greece instead of Ireland.

How would you fix Greece?

You guys just need to open more fruit and veg shops and start concreting businesses.

recovered

that wasn't the plan. Suppression of the middle class was experimented there with success

Saving greece will devalue all of the EU countries money, which not all of them will agree to. Greece can't print their own euros to devalue locally, because germany, you know what happens when you fuck with the money supply without the small hat's blessing.

End the Fed.

We have too many “ex”-commies shitting up the place. The romanians offed them on live TV. Poles lustrated them, the baltics are bulldozing their monuments. We ? We gave them the capital so they can privatise the government factories and land that they promptly bankrupted. With the proceeds from the scrapped places and the amnesty they bought themselves key government positions and to this day we are a maffia cosplaying a state.
On a side note, we are also dumb as a sack of bricks and easily manipulated.

Show me the pre-2000 chart. Looks like an unsustainable bubble anyway and the line returned to normal
Which makes sense, what the fuck are greeks known for?

Right, but those are two different things.

<<<---Note the similarity of the list in pic rel and the list in the image in .

The NYFed runs the fucking planet, make no mistake about it.
<<<——— the international banking cartel driving humanity into the ground

private owners of the NYFed, aka shareholders aka primary dealers

privately-incorporated company

market makers for US treasuries

used to be 46, now there are 24

Five-time felon JPM is the largest

Behold, people! The failures of 2008 on fucking QE steroids.

24 nation-less financial corporations destroying the planet with national indebtedness, purposeful arbitrage and false scarcity

<<<<----also, NYFed fulfilled its diversity requirement by adding a new Primary Dealer, ASL Capital Markets, owned by an Arab banker (a minority-owned business), been in business three years and now issuing our currency

Greece had the dreaded NYFed/BIS/IMF cartel's GDP bonds, like Ukraine does now.

Things aren't looking good. Biggest mistake ever was Greece joining the EU and getting rid of the drachma.

you go billions in debt, government wages go up as you can see in the chart, a temporary effect and later when you are no longer can borrow more, everything goes down, including wages, this is how debt cycle looks like.

you can not recover into a bubble fueled by investment under a false premise or as you do now pretend the bubble not the normalcy was the baseline

Don't worry, soon we can all live in the holy land (Germany)

Greece had the dreaded NYFed/BIS/IMF cartel's GDP bonds, like Ukraine does now.

The more corrupt or desperate the country, the easier it is to be fleeced by the NYFed/BIS/IMF cartel.

The Federal Reserve Uniparty, debauching our currencies worldwide and spreading misery, while creating arbitrage:
NYFed is the boss
BIS is the agreement
IMF is the wallet

youtube.com/watch?v=yc3f71_E1gw
Neel Kashkari, head of Minneapolis Fed
“There is an infinite amount of cash at the Federal Reserve”

The NYFed's primary dealers were bailed out FOR $$TRILLIONS by the NYFed's PDCF in Sept 2019.
Not one fucking peep about this when it happened in the main stream media, although pic related is orders of magnitude larger than SVB failure.
The NYFed is picking and choosing which banks fail and which banks are exposed to the public when they do fail, globally.

embrace liberalism and open borders

Not one fucking peep about this when it happened in the main stream media, although pic related is orders of magnitude larger than SVB failure.

this pic goes with this text
these people are bankrupt fucking frauds, driving the planet into the ground

maritime industry, they are a major players in shipping.

In terms of ship categories, Greek companies have 22.6% of the world's tankers[187] and 16.1% of the world's bulk carriers (in dwt).[187] An additional equivalent of 27.45% of the world's tanker dwt is on order,[187] with another 12.7% of bulk carriers also on order.[187]

“There is an infinite amount of cash at the Federal Reserve”

There is an infinite amount of cash at every central bank -- that's the point. Good for Kashkari for being honest and upfront about it.

Just pay denbts and the horror will end.

here is an infinite amount of cash at every central bank -- that's the point.

lol
the NYFed is so SO FUCKING BAD at their job, that they even cheat in accounting and are still in the fucking hole kek

How would you fix Greece

Don't give me impossible tasks

all these years later and they still haven't PAYED DENBTS

all of this in fiat money euros that have been printed to hell and back in the last 15 years

So real wages are down 65% in 20 years?
Greece thought it could debtmax like the US. They didn't understand that they don't have the military power and technology base that the US have to scam the rest of the world long term. Denbts collector actually came to Greece and it wasn't pretty.

You spam this board day and night with this nonsense. Central banks CREATE money. They have unlimited money.

if the US sells ANY gold it is to be used to pay down debt
just some interesting info
see(2)
i am preparing for a threead

Default on on kike bank debt. Leave Euro, print Drachma. Execute all neo-liberal banker politicians who allowed 100 billion debt run-up. Simple as.

If the central bank CREATES the money out of nothing and then transfers it to another account, like the treasury, BY IDENTITY they have created a liability on their books. This is double entry book keeping. It's not a problem.

The problem is low-thinking right wingers who keep tripping all over themselves to panic about the "debt" and keep trying to suck money out of the private sector to pay it down.

Worry ? I am impervious to it.

Central banks CREATE money

no treasuries create money with their stamp
central banks lend their private fucking notes
in this case:
the private fed franchise lending its private and now-being-issued-into-oblivion worthless Federal Reserve Notes

pic related
the US Treasury can issue these at any time for the citizens

<<---a central bank holds Cash in Circulation (CIC) as a liability that earns no interest (as seen in top half of this image) b/c fiat cash is supposed to be stored in a pool at the central bank to be used as a tool for commerce (to benefit the fucking citizens, not the fucking broke fucking banks)
HURRRRR
these degenerate gamblers need to get a real fucking job

Okay, well this is getting into the weeds. If the Treasury were to create the money itself, there would still be a debt -- I feel like this is very simple, but it's not getting through.

The Bank of Canada was a central bank and it used to lend at zero interest to the government of Canada. The Federal Reserve does return interest it earns on the securities it holds to the Treasury, minus expenses. So when the interest is paid on bonds (which is another topic, but related), that money leaves the Treasury system when the bonds are held by everyone except the Fed.

they still haven't PAYED DENBTS

anything to back this up?

treasuries create money with their stamp

central banks lend their private fucking notes

pic fucking related
why we shouldn't borrow our own fucking currency from a blood thirsty corporation that only cares about its shareholders (in this case, the NYFed)
1791 lol

the weeds

you mean reality?

You seem to be making serious posts in this thread
but I'm just posting memes

anyway, the OP hasn't even responded once to this thread
not only does he want others to come up with a solution, he doesn't even want to be a part of it

Breed all the attractive Greek women with my BAC

If the Treasury were to create the money itself, there would still be a debt

no
the US treasury can issue money into the public as needed, albeit they would have to raise the statutory limit
pic fucking related hundreds of fucking years ago

hurrrrrrrrrr

our own treasury needs to resume its fucking role
here are the basics:

First:
US Gold Notes and US Silver Notes are interest-free, metals-backed, NON-fiat notes that could be issued by the US Treasury TODAY.
US Notes are interest-free, fiat notes that could be issued by the US Treasury TODAY, they can also be metals-backed and were intended to be used as a tool for the citizens to trade.
Federal Reserve Notes are DEBT-BASED, fiat notes issued out of thin air by the privately-incorporated, now-BANKRUPT Federal Reserve 12 regional franchises and are currently also bankrupting the US Treasury.

All of the above are ALL DENOMINATED IN US DOLLARS (aka $US), which is a fucking UNIT.

And secondly, there are FOUR ways currency is created in the US:
1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$35 T)
2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over $152 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES
3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved
4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates

lol

No. I don't disagree with your general point about bonds, but that's somewhat separate. Like I already explained, when the Fed holds bonds (and the Fed is restricted by law from purchasing bonds on the primary market) interest is returned to the Treasury minus expenses.

What I am trying to point out is that when you create money out of nothing, whether it is the Fed doing it or the Treasury doing it, that money is created as debt regardless.

Give me back my money you Zeus fucks.

It's weird. They are one of the most expensive tourist locations now yet they are somehow still in red. Something doesn't add Up. They know that if the rest of the EU finds out they are doing good now then people will want their money back.

You're not getting it. It's double entry book keeping. It creates the money, so there's a debt. lol this isn't hard.

eastern europe is ripe for fleecing by NYFed banks
big US money is moving to europe and asia
they are looking for ASSETS HELD OUTRIGHT
1 assets not held with debt
and
2 companies that don't hold debt as assets

so i'll take that as a no

oh i get it

The NYFed and its ilk are also now trying to convince the boomers to switch from private Federal Reserve-issued, debt-based Federal Reserve Notes to privately-issued blockchain tokens. This going to be priceless to watch. Neither of these currency options benefit the citizens, they only benefit the private issuer. Will boomers sell out once again to the banks?
And in the next orchestrated crisis are their tokens to become worthless, as the platform will hold the real asset?

When is the currency going to be restored to the people?

The Bank of Canada was a central bank

lol i can't believe you used that as an example

The Bank of Canada used to provide interest free loans. Stopped in 1974 or thereabouts.

Also, I'm not sure what you're trying to say when you highlight that stuff about quantitative easing. It's just an operational fact that it expands the balance sheet but not the amount of cash in circulation.

But I don't disagree with your general tract that the government doesn't need to borrow its own currency. Technically, that isn't even what it is doing now.

youtube.com/watch?v=pex89N9Oqog

<<<--archive.4plebs.org/pol/thread/504503488/
<<--thread from Sunday showing how out of hand the Fed is.

The now-bankrupt Federal Reserve is building a $2.5 B complex in Washington DC and funding it with borrowed US taxpayer money. The Fed is fucking broke and putting Italian beehives in its extravagant rooftop gardens and building private elevators to VIP dining rooms, yet bloviating about the importance of citizens being able to communicate in a republic. lol

To add to the elitism and absurdity, Elon Musk, with his toothless, empty threats on his way out the door of DOGE, glibly stated, “someone should look into the Fed.”
Really? Is that it? What an absolute fucking joke.

It is fucking amazing that Trump’s economic advisor (Miran) wants to now indebt the US with 100 year bonds, so we can be skimmed for another fucking century by these insolvent frauds.

nypost.com/2025/04/27/business/federal-reserve-blows-2-5b-on-palace-of-versailles-hq/
archive.is/fpJ4J

It's just an operational fact that it expands the balance sheet but not the amount of cash in circulation.

put another way:
gives liquidity to failing banks but no one else

There is more and more accumulating evidence of Trump and Musk working IN THE INTERESTS OF THE NYFED AND NOT THE PEOPLE.

All quietly behind the scenes working with Solana blockchain (via Visa Direct):
JPM
Trump
Milei
Fidelity
Blackrock
Musk’s X Money Account

The now-bankrupt Federal Reserve franchises consider themselves as separate entities from the US government.
Any debt incurred UNDER DURESS is odious.
pic definitely related

Trump and Musk can't keep hiding these financial entities and their roles in the current destruction of our country. Trump and Musk are also beholden to these banks for their funding. Trump and Musk continue to demonstrate that they are working in the interests of the Fed and not the people.
The citizens have a right to a debt-free currency to use as a tool for trade.
I have to go to work soon

reminder
The NYFed only has $12B in capital, and is thee amount that NYFed shareholders can be held accountable for.
So, the insolvent NYFed is lending out ~$4.5 Trillion in margin loans to speculate and would only be held responsible for up to $12B in the event of a crash.

Sure, but right wing conspiracy types like you also tend to go nuclear at the thought of universal basic income, so it's unclear exactly how you want the money distributed. In fact, you often tend to slink bank to precious metals which would seem to indicate you want LESS money, not more.

NYFed only has $12B in capital

i never said it was a conspiracy or collapse, i said we are being FUCKING ROBBED, is what I said

<<<---NYFed is lending out ~$4.5 Trillion in margin loans to speculate

A reminder, Federal Reserve Notes are what are being issued to worthless oblivion and

the US dollar is a fucking UNIT

We need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.

We can:
1 nationalize Fed banks
OR
2 dissolve Fed and have a series of state banks
OR
3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulation
OR
4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the people

USE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people.

Real paper cash:

is permissionless

is private

is anonymous

has no transaction fees

works in power outages

doesn’t need the internet

don't need to be a coder to use it

doesn't depend on another party having a device

everyone knows exactly how much they have

has no transaction limits or thresholds for reporting

money laundering is harder with physical cash, due to transport

is inclusive, it does not see race

is harder to use in ransoms

can’t be hacked

don’t need to remember a password to use it

IS the ultimate in payment platforms

using cash helps people to save money and budget

puts the power directly in the hands of the people

keeps the currency near the REAL goods and services

less paperwork

is face to face, not face to screen

makes government theft harder

Boycott businesses that do not take cash.
NEVER USE YOUR PHONE TO PAY.
Barter is the real torpedo to these fucking clowns.

The Bank Of International Settlements (BIS) is the head of all debt-based central banks (and founded by JPM) and was created in 1930 under the Versailles Treaty to get money from Germany for all the nasty shit they did in WWI.
The Federal Reserve and the Bank of England existed way before the BIS, the BIS morphed into their central clearing house and check-kiting hub for the first fractional-reserve, fiat, debt-based central banking schemes run in a few countries and then expanded from there to installing its central banks in over sixty countries.
Pic related
Note Iran, Iraq, Cuba, Syria, North Korea, Afghanistan, and Venezuela are NOT on the list lol
Note China IS ON THE LIST

China begged to be in the basket of currencies under the IMF and BIS in 2015 and the yuan was finally used in 2017

only took the NYFed four years to get China bent over the table

Damn

Note Ukraine is NOT on the list, as it was a 2014 freshly-installed regional NYFed bank branch, it was still on probation
Russia is looking to get off the list.

The NYFed is similar to a space ship in sci-fi movies that hovers over nations and sucks up all the resources, slowly orbiting the planet.
Note that the NYFed and the Fed Board of Governors were just added as separate entities on this list
Note Greece is ON the list.

put Golden Dawn in charge

Enslave libyan refugees and deport them once they get injured.

We need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve.

Interest-free, not debt free. They don't bear interest. Government debt is not household debt or corporate debt. The government is not your household. It doesn't work the same way.

small loans will still be made by local banks
you confuse #3 with #1 as again listed below:

There are FOUR ways currency is created in the US:
1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$35 T)
2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over $152 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES
3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved
4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates

<<---An India anon’s thread on the NYFed’s primary dealers:
archive.4plebs.org/pol/thread/419352960/
<<<<——this thread shows the SAME primary dealers in all of the debt-based central banks listed in the image in , which reads just like the list of the NYFed’s primary dealers as seen in

I am not confusing a single fucking thing.

If the Treasury creates $1000 of US notes and spends them into the economy, it has a $1000 liability or deficit and the people or entities who received it in the private sector have a $1000 asset or surplus. This "debt" has to exist in order for the government to leave money behind in the economy.

All human wages are down. You can't fix that. What you can do is increase the amount of assets that actually exist. IE, you would use slave labor of your citizens to build housing complexes, and force them to clean it and such. That way you increase your citizen purchasing power without having to compete internationally for wages.

just stumbled upon this little gem

To think the Greeks once saved Europe from sand niggers only for modern Europeans to hand Europe over

3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved

Very interesting that you don't seem to have a problem with the private creation of money.

This "debt" has to exist in order for the government to leave money behind in the economy.

we can be beholden to the treasury then, and not the Fed
we can have the same exact system without the fed paid as a middleman
or if interest is earned then it benefits the people, not a private bank
so many fucking possibilities to end the fed

And just for the record, when he says "small loans" what he actually means is "very similar total amount to the national debt".

Nobody has recovered from 2008

Just so we're clear -- when the Federal Reserve is the bondholder (and the Federal Reserve is restricted by law from purchasing securities on the primary market) the interest earned on those bonds is returned to the Treasury minus expenses. I believe at any one time the Fed currently owns about ~29% of outstanding government securities, so the vast majority of interest being paid on government securities is not going to the Fed in the first place.

i have a fucking problem with borrowing our own currency
party's fucking over

debt-based central banks are going to become a thing of the past
currency issued in the form of debt, as we have today, is doomed to fail (as it is now)
once a currency is used as an investment, it is no longer useful as a currency
the treasury market globally will become meaningless
nations will begin to use their own debt-free sovereign currencies issued by their treasuries
the Fed will eventually be dissolved
the US Treasury will issue debt-free US Notes again

Currency backed by labor (productivity and services) makes a nation strong
Currency backed by debt makes a nation slaves

interest earned on those bonds is returned to the Treasury

you're fucking kidding right
the Fed has not remitted one cent to the treasury since oct 2022
do you not know this?

All currency is issued as debt. If you're talking about issuing bonds on which you pay interest, then say that. It's not the same thing, even if you are confused and think it is the same thing.

Convince Northern European women to stay instead of doing two week visits of BGC. They stay, they're bred, you create a population that works and pays taxes.

There's nothing to fix. Greece is exactly at the economic level predicted by IQ studies. A little bit better even, due to gibs.

Now that I think about it, there is something to fix. The delusion that Greeks (for some reason) should have the same average income as more intelligent people. But it's tough to say this in a demo(no)cracy.

good luck greek anon

Money is often falsely equated with productivity, intelligence, class, success, integrity, and/or good taste.
If you equate success with money, you will likely be perpetually dissatisfied, in a constant state of longing.

But if you VALUE THINGS WHICH CANNOT BE BOUGHT, such as:
community
family
work ethic
intellect
fitness
perseverance
cleanliness
honesty
integrity
compassion
tradition
loyalty
reliability
patience
humor
If you value the above, you will always be content and successful, no matter where you are or what you do.
Judge yourself by deed, not possession.

Money does not make food.
Labor, Seeds, Land, Air, Sun, and Water make food— we have ALL of these things WITHOUT fucking money. If you remove JUST ONE of these items, YOU WILL NOT HAVE FUCKING FOOD.
MONEY DOES NOTHING BUT ACT AS A QUANTIFIER FOR FUCKING TRADE.
We cannot have unearned income AT THE EXPENSE OF earned income. Finance must be the servant of production, not its master.

Money today is created in the form of debt, which is then used itself as leverage to force countries into the global, debt-based, central banking scheme we have today in the NYFed/BIS/IMF cartel.
Money does not make food.
Labor, Seeds, Land, Air, Sun, and Water make food— we have ALL of these things WITHOUT fucking money. If you remove JUST ONE of these items, YOU WILL NOT HAVE FUCKING FOOD.
MONEY DOES NOTHING BUT ACT AS A QUANTIFIER FOR FUCKING TRADE.
We cannot have unearned income AT THE EXPENSE OF earned income. Finance must be the servant of production, not its master.

Money today is created in the form of debt, which is then used itself as leverage to force countries into the global, debt-based, central banking scheme we have today in the NYFed/BIS/IMF cartel.

off to work
bring back the drachma, it is the only way greek anons
zambia gets it

and trump just EO-banned a CBDC, this is to give the illusion of choice

You do know those stats are because there is a huge black market and essentially tons of people do not record their incomes so it cannot be taxed right? What you are seeing is professionals in Greece who cannot really hide their income from taxes as it is stated salaries. After the utter nonsense of the political gang-pile put on Greece and the betrayer of the politicians of the people, especially with regards to the immigrant crisis, no one complies anymore. What you are saying is statistics that show more and more people are not participating in the system in a way where the government can control for taxes, which ultimately is a good thing, fuck that state.