Anyone want to bet on this..

[tommy.irene]

Britain will NOT foot the bill for rescuing Greece, Osborne warns after Brussels threatens to hit UK with 1BILLION bill for emergency loans British public could be forced to contribute £1billion towards Greek bailout Government to fight European bid for UK to release emergency loan funds Would break deal made by David Cameron that UK would not have to pay But European Commission officials say that the deal has no legal force Read more: http://www.dailymail.co.uk/news/article-3159806/British-taxpayers-liable-1BILLION-emergency-loans-Gr...

[tommy.irene]

He can use the £12million he took from the welfare.. and give them that.. Iceland was broke and they climbed back again..because they jailed the bankers..

[0125arwen]

We should help, use the foreign aid budget if needs be.

[upthecreekyetagain]

---

@tommy.irene wrote:

He can use the £12million he took from the welfare.. and give them that.. Iceland was broke and they climbed back again..because they jailed the bankers..

---

. . . . and lost UK depositors alone in excess of £1 billion - I'm not convinced the Iceland model is one to be admired.

[baybizz]

>> #2: Iceland was broke, and they climbed back again.. because they jailed the bankers..

AND because they were not locked into a currency union prison...

>> Since the crash, Iceland has been on a slow path to recovery. Unlike in countries in the euro zone that hit trouble, and could not devalue their currencies, a fall in the Crown helped restore Iceland's competitiveness...

www.reuters.com/article/iceland-economy-idUSKBN0MT0WE20150402

>> Iceland Emerges as an Island of Recovery - Iceland was the first casualty of the financial crisis that has since primed the euro zone for another economic disaster: Greece is edging toward a cataclysmic exit from the euro... But Iceland is growing. Unemployment has eased. Emigration has slowed. Iceland had a significant advantage over stressed euro-zone countries - a currency that could be devalued. That has turned its trade deficit into a surplus, and smoothed its recovery...

www.wsj.com/article/iceland-recovers-6171007652042

>> #1: Britain will NOT foot the bill for rescuing Greece, Osborne warns...

Pouring money into Greece is a waste of money, unless and until it claims its own currency, and independence,  back...

 "Mr. Tsipras, your moment has come and, frankly, if you've got the courage, you should lead the Greek people out of the eurozone with your head held high.

“Get back your democracy, get back control of your country, give your people the leadership and the hope that they crave.

“Yes, it’ll be tough for the first few months but, with a devalued currency and friends of Greece all over the world, you will recover...”

www.community.ebay.com.au/Community/Greek-drama/1822423#M519867

[malacandran]

Obviously the Greeks will be kept in the Eurozone. Bailed out by Germany. The Germans may curse, but when the Greeks come back in 6 months time,  and ask for another lot of money, the Germans will pay out again.

And so it will go on.  The Greeks will keep asking for money, and the Germans will keep paying them.

From the UK point of view, this seems highly satisfactory.  Because it means that the energy of the Germans is being used up, in spending money they'll never get back.   So the Germans won't get rich enough to establish a powerful Fourth Reich.  

Thanks to the Greeks, who are taking the Germans' money!

[023mjc]

Perhaps the euro should be printed on greece proof paper.

[ravendays]

How does it affect your pocket personally?  It doesn't Victor.

[tommy.irene]

Living here in Gran Canaria.. I keep up with the Euro..= £1 = € 1.4335 +0.0001 €1 = £ 0.6976

[tommy.irene]

---

@tommy.irene wrote:

Living here in Gran Canaria.. I keep up with the Euro..= £1 = € 1.4335 +0.0001 €1 = £ 0.6976

---

my rent is €500 a month which means its now only £348.. at one time €500 was £500 we get more money to the pound since the Greeks stopped paying their loans..

[tommy.irene]

Looks like he caved in and give them the money................UK cash ring-fenced in Greek bailout deal as Osborne wins battle to protect our £700million Osborne won guarantee UK's £700million contribution will be protected EU members have approved a £5billion three-month loan for Greece Chancellor negotiated ‘impregnable ring-fence’ around British money. Read more: http://www.dailymail.co.uk/news/article-3164607/UK-cash-ring-fenced-Greek-bailout-deal.html#ixzz3g8p...

[baybizz]

British Governments always cave in to Europe - soon after they have lulled the Brits back to sleep again by trumpeting how brave the Government is at standing up to Europe...

[malacandran]

---

@baybizz wrote:

British Governments always cave in to Europe - soon after they have lulled the Brits back to sleep again by trumpeting how brave the Government is at standing up to Europe...

---

Yes, the Governments are trying to make the Brits go back to sleep, by using Television. 

The programmes on Television are manifestly designed to stop people thinking.

That's why you should not watch TV.   TV is carefully planned to weaken your instinctive and natural revulsion at what the politicians are doing to destroy our country.