Comments by "" (@hamlet557) on "The Greek Debt Crisis - 5 Minute History Lesson" video.

  1. And Greeks who voted populists and never bothered to learn basic economics.
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  2. Basically common problems, Italy just does better. Greece can be a cautionary tale you you guys. Glad if we can be of help for that.
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  3. Troika came AFTER we failed miserably. When we start to recover it leaves. Who would have thought!! Governments usually fail to explain to people how shitty the economy is, it takes some time until people realize it and so they believe that troika was the reason for failure. And when economy starts to recover, they leave but it also takes some time for people to understand so they believe that economy recovered because they left.
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  4.  @furkanayas3339  And still poorer. It seems a trend : when people are forced to work so much, it means that there something wrong in the whole system. That's why the richest countries work way less and earn way more : PRODUCTIVITY and INNOVATION.
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  5. About the lazy part, you can read the latest EU "Average number of usual weekly hours of work in main job in Europe in 2022" So that you don't sound idiot.
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  6. There are practically no ghettos, property even in poorer neighborhoods is still of decent quality. If you come to Greece I can show you around since I live in one of the poorest suburbs. You can check the murder rate and see for yourself. Also, check the gini coefficient to see that Greece is more equal society than USA.
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  7. Someone called "Sanchez" was too lazy to watch the video or google about working hours for the average employee. Well.. no surprises there. Economy is too complicated for the simpletons.
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  8.  @AnaCristinalolinsanches  You embarrass yourself , why would I be offended? And of course you don't care what people think of you, otherwise you'd try to be a bit more educated about a subject before you comment. You would at least watch the video 😂😂
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  9. Number one in inflation. Turks are working for 400 euros per month and brag about it on youtube :)
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  10.  @ionsulcina4091  When you grow up, you might learn a few things about how economies work. Until then you can google : List of countries by average annual labor hours I rest my case.
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  11. Where did you find this? What bs some people are so eager to believe 🤣🤣🤣
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  12.  @Ridz149  Home ownership in Greece is 75%. Are you claiming that EVERYONE who is not owner is homeless and many of home owners are homeless too? That's the funniest claim I've ever heard!
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  13. They enjoy their peaceful lives in their own country without hurting anyone. They don't blow up, they don't murder infidels and they don't "honor" kill their wives and daughters.
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  14. ... voters. Yes.
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  15. If we follow your logic, Egyptians are 1000 times more lazy, because they are way more poor.
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  16.  @MajinOthinus  You are right.
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  17. Your government is messing up the economy and uses IMF as a last resort to avoid bankruptcy. Then it blames everything on IMF.
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  18. It's a bit more complicated than that in state bonds, but basically they pay what needs to be paid when it's due. The debt is still very high, but installments are paid on time till now at least. And the debt isn't to Germany. It's too simplistic to see it like that.
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  19. Turkey's economy is even worse than Greece's. So, hell no!
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  20. Just for the next idiot who will claim similar, they can google the latest OFFICIAL survey from Eurostat "Average number of usual weekly hours of work in main job in Europe in 2022" And stop making stories from one's arse.
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  21.  @AB-ov1zm  . https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita Greece is 49th country. Turkey for example, is 72. When you use too much lols, you sound uneducated.
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  22. Do you think the Spartans were rich? My god! Some people think hollywood is "history lessons" Let me guess, American?
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  23.  @jasonpark1556  I take this as an admission that you are american.
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  24. You make it sound as if devaluing a currency is easy and painless option. Ask Turks how they feel about 100% inflation and ask Greeks if they feel jealous that Turks can devalue their currency.
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  25. Do you want to say "don't lend money to people who aren't honest"? I'd say that it's not that.
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  26. Mismanaging money and being lazy are very different things.
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  27. If you start borrowing and spending like that, definitely. If you use the cheap credit wisely you will see great improvement.
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  28. Turkish economy now is even worse. But no one gives a shit. No one likes you anyway, maybe because you make these comments which sound very rude to every educated person. You can rot in your middle eastern shithole and no one will ever notice.
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  29. So true.
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  30. true.
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  31. Not exactly, you can check the data about the average working hours. Greece is working more hours than Germany, so maybe you could check productivity.
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  32.  @Ridz149  And since even the video just says about poverty, and not homelessness let's further check data: https://en.wikipedia.org/wiki/List_of_countries_by_wealth_per_adult The median wealth per adult in Greece is 57,595 $ while in USA it's 79,274$. Remember that in GR there is free healthcare and free education. That's why life expectancy is still much greater than in USA. So it's still a first world country, with first world problems. Greece didn't face homelessness, illiteracy, low life expectancy which are typical problems for developing countries.
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  33. What do you think it would happen if there was no tax evasion? Our government would just spend more in welfare, people would get their pensions even earlier and even bigger pension until we reached exactly the same debt. It would have changed nothing. Because populism is the problem.
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  34.  @QT5656  I'm not american so IRS can't do anything. But noticing that you can't tax your way to prosperity isn't equal to normalizing tax evasion. The fact that northern Europeans pay their taxes and Greeks don't is based on the fact that northern Europe spends money wisely and Greece doesn't. In Greece tax collectors are the most corrupt and aren't even punished for that. Public servants is extremely difficult to get fired even when they are caught in the act, and the NEVER get fired when they under perform. It's way more complicated to solve a 200 year problem than you think.
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  35. They are ok because we are able to pay back the installments.
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  36. Maybe it was the day they receive their pensions. Old people tend to do that. Otherwise there is no reason to even go to the bank. Even my dad, 71, learned how to pay his bills online.
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  37. Printing Euro without EU's approval? Yeah, seems pretty criminal and the money would be considered counterfeit.
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  38. Europe officially and publicly is giving tons of money to Turkey to keep the muslim refugees. After all, it's a muslim country. But muslim refugees don't want that.
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  39.  @Higgins-db6oy  I've seen surveys that greeks work more hours on average than Germans. That means that they aren't lazy. If you look at productivity, you'll see it's low. So could it be that they have too much bureaucracy? Could it be that they have small businesses that don't allow them to have specialization -> greated productivity? In any case, things usually are more complicated than "lazy greeks". That's why thoughts like "lazy greeks" should be avoided, because they don't describe the real problem, and they don't offer solutions. These are LAZY thoughts for people who don't know better.
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  40. It also gave the word demagogue to the world.
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  41. Thank you for your simplistic opinion. You (personally) get more from your state than you give back to your community, anyway. You can't screw or help anyone at this moment. Once you start to carry your own weight, you might feel the need to learn more about the complexity of finance and life in general. Something that people who actually pay taxes in northern countries know already.
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  42.  @geisterfahreruberholer2171  1. I don't understand. Who has a masters degree in macro-economics? And who is the peasant? 2. "n a normal world we export and shouldnt care about your budget" I don't know what made you think I disagree. 3. "There is not a single Greek who said "thank you"" I have. And around 40% of Greeks, but to the ones who actually helped. Not to a kid with an obvious attitude problem.
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  43.  @geisterfahreruberholer2171  "while we need the money for us?" Oh, and you said you have masters in macroeconomics? !??! Interesting. "Who and when 40% There was noone. Did you watch the video? You voted people who... " So you watched a video and you reached the conclusion that when there is a new government, it receives 100% of the votes. Even more interesting than your 1st argument. "Sick and tired of your arrogance." Say that again! Preferably in front of a mirror.
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  44.  @geisterfahreruberholer2171  Good! It's better you don't reply. At least wait until you get a job. Life is different when you don't have your parents to pay for everything. Don't worry, I won't waste "your" money because you don't have any.
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  45. The main problem is that stupid and ignorant people vote for the government. And they vote exactly the ones who promise to "give more". I really don't have a solution to this problem.
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  46.  @kiriya02  It's pretty mainstream for Greeks too. It's 38% of greeks, (official number) who believe it was our fault. It's not exactly majority, but not unimportant either.
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  47. The whole GR was a nutcase back then. But after that I noticed that other countries who faced difficulties turned to populism and plain stupidity as well.
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  48.  @Nick_G.  Πες μας τι να ψηφίσουμε όμως να μην την ξαναπατήσουμε.
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  49.  @Nick_G.  More offenses! Well I hope that by the time you get old enough to vote, you will be able to be somewhat more civilized. Bullying isn't the way to process issues honey.
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  50. Not even close. Totally different mentality.
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  51. Sorry, but helping us with our mess and laying the terms that we won't end up like that again isn't my definition of sacking.
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  52. Pretty much that. But noticing how populism spreads during difficult situations, don't think that other countries are immune. Recently I checked that in well off EU countries there are more antivaxxers than in Greece.
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  53.  @attalan8732  I'm old enough to remember how it was when we had our own currency: BULLSHIT. So than you, I'm not buying it. And anyone with money and work experience in GR doesn't buy that bullshit either. That's why we had a bank run.
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  54. You forgot a parameter: interest rate. It's kind of important you know.
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  55.  @tomasleitao1775  I wish it was even comparable with GR's case.
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  56.  @wolfbrigade1425  1. Sounds true, I'm not sure if GR delayed Germans from attacking Russia and thus got hit by the russian winter. Not an expert and honestly not interested to become one. 2. True, EU money should be spend wisely and EU should always control.
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  57. By world standards yes. Check the data. Literacy rate, infant mortality, life expectancy, gdp per capita, etc etc.
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  58. Because people don't understand basic finance. And they vote for whoever promises both higher spending and lower taxation. I would be laughing at this stupidity if I wasn't living here.
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  59. We should definitely cut back on other expenses but we need defense. It's EUROPE's borders we need to keep safe. Unfortunately, we don't live in the center of Europe.
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  60. I don't know what you think a 3rd world nation is. Google it. Literacy rate? 99% vs 70% Infant mortality Access to healthcare Life expectancy ? 10 years more for Greece!! I'm sad that India isn't doing good, I'd be happy when it gets better. It's not the time and place to look down on someone for being poor , especially when you are way worse.
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  61. ​ @johanness.7813  He's supporting Syriza. A party which was elected on the basis "we won't pay back our debts" and their program was basically "we will keep spending as we did the previous years and even more, and EU will lend us money for that" I kid you not, Tsipras from Syriza literally said that: "they will beg us to lend us money" https://www.youtube.com/watch?v=bYDR8rKrbCA For populists, the voter is NEVER at fault.
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  62.  @Nick_G.  Your offensive speech is no surprise to anyone who knows your mentality.
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  63. thousands ?? 🤣🤣🤣🤣🤣🤣
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  64.  @jasonpark1556  There is an ancient text about Pausanias saying about Persians "they left their rich country to conquer our poverty" But you wouldn't know that because you are too stupid and uneducated. There is another ancient phrase still used "the idiot is laughing when there is nothing for laughs" And your smiley emojis just prove again the truth of that phrase.
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  65. EU helped a lot, but it wasn't exactly taking the money of Germans and give it to Greece. More like "you owe money to Pete with 5% interest rate and you can't pay him, I'll pay Pete and you owe me this money with 1% interest and longer period of repayment" It's more complicated and if you care for your country, you should learn more about economy.
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  66.  @manicdgr  NO. My cousin, 58 years old just received her pension. There are always ways to find your ways in GR. On average is still pensions at very young age and after having worked too few years
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  67. It's EUROPEAN borders we protect. Soon there will be a European army too.
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  68. Your people are living under worse conditions.
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  69. And you will still be an imported barbarian with total inability to fit in.
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  70. And it's not even true.
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  71. https://en.wikipedia.org/wiki/Working_time It's always nice to check our premises.
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  72. We do have the 10th longest coastline in the world.
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  73.  Hans  One could say that when European countries were having their Enlightenment, the Industrial revolution etc, Greece was left behind being an agricultural country. While Europe started moving towards democracy slowly but steadily forming strong INSTITUTIONS, Greece until the liberation was basically in the middle ages. The problems Greece has, despite what people think, are basically institutional problems: justice system and the huge mistrust towards the state.
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  74. Protecting EU's borders is something we can do to return the favor. And that's why NO ONE in Europe complains about it.
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  75.  @shingosshojiopoulos6608  No, it's "proud greeks" who actually behave in the way that hurts Greece the most. Actually that happens in most countries.
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  76. Unfortunately this isn't the first populist comment I see from loser Greek.
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  77. When someone says that Greeks are lazy, without checking the statistics of how many hours per week they work I wonder if he's stupid or lazy. Only Greeks are responsible for what happened to Greece, it's a given. But you are also moron for talking before you even googling.
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  78. Let me guess: he's an american.
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  79.  @michaelclayton7506  Honey, in USA the murder rate is 8 times higher. If he doesn't feel safe, he doesn't have to come. Americans are generally difficult to adapt to European way of living. In USA, when you see graffitys immediately you think of gangs. That's not the case in Greece and I have the numbers to prove it: check homicide rates. Cheers!
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  80. ​ @mechaiboonpeng5767  The good part of being a small country: it was easy for EU to save us. Unfortunately for India no one can help because it's a huge country. "each time you meet a civil servant (at the office's mayor, at the police station, etc), you'd better have your purse ready to give some bank notes. Is it the same in Greece?" YES. Only some times you don't know who to bribe and even when you bribe you don't get your job done. Even corruption is more complicated here. I don't know anyone in Greece who didn't bribe for the driving licence. But police doesn't take bribes for fines.
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  81. Because every Greek fully understood the ""Preliminary Debt Sustainability Analysis" and voted YES or NO to that. The most ridiculous referendum in the history of referendums.
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  82.  @tsoupakis  I'm not sure what you wanted the government to do, when you voted no to ""Preliminary Debt Sustainability Analysis" Yet, Greece is doing much better now, thank you.
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  83. Licking Germany's ass didn't work for Turkey.
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  84. Seeing how other people react in times of uncertainty and crisis, I'm thinking if it's just human thing.
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  85. Not actually.
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  86.  @kiriya02  How do you think an Italian react if a Greek tried to make fun of Italian economy? Point is : you can make fun of someone's faults but try not to do it when you are actually worse.
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  87. Why? Greece had defaulted many times in the past, inflation devaluation etc. The only difference is that back then no one cared to help. So no, I'd rather keep the Euro, thank you.
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  88. Globalization. USA being the biggest player affects more.
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  89. Yet the average Greek has higher income than the average Turk. And it's still a democracy where people can protest and criticize the government AND the president.
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  90.  @imnotnotgameiacmaniac5327  Japan's debt has totally different structure and reasons, so it's not alarming either.
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  91. Lesson NOT learnt : find someone to pay for public spending before you promise bull.
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  92.  @aprosarmostos1793  Yeah genius, find someone willing to give you a loan. Basic logic. I hope you do know that the lenders tend to want their money back + interest. Because people like you tend to forget that part.
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  93. Europe helped Greece and Greece has to help Europe back by protecting EUROPEAN borders.
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  94. You could say whatever. But that doesn't mean you are correct.
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  95. pretty much that happened in 2015.
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  96. If we get an actual good leader, good luck in trying to convince greeks vote for him.
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  97. Συγνώμη που θα στο πω, αλλά το γεγονός ότι 2-3 μύρια έλληνες δεν το καταλαβαίνουν δεν σημαίνει ότι εχει μηδενική αξία για τα υπόλοιπα ΔΙΣ ανθρώπων στον κόσμο που ξέρουν αγγλικά.
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  98.  @wateo1782  Different structure of Japan's economy, different kind of debt. Japan is way better economy.
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  99. The voters.
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  100. How bad do you think it was for Greeks? https://www.statista.com/statistics/416209/average-annual-wages-greece-y-on-y-in-euros/ We had huge raises from 2001 till 2010, in most cases living better than germans. Then we had to adjust to our real potential and productivity. The reasons you think it was harder than it was is : 1. It's Euro. So our wages need to fall. Wages in TL can stay the same but if TL falls, so does the purchasing power. 2. We owed money to many countries so they were worried about getting their money back. 3. Greeks protest way more.
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  101. Greeks : Not at all. It's just the first time someone actually cared because we owed so much money, it was their problem too.
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  102. We gave our airports for "pennies" because no one wanted to buy them. I hope you do understand how the price system works. When we entered Europe we were poorer working mostly in the private sector, certainly with more than 0% debt. Then we wanted become 45 year old pensioners. It perfectly adds up. When you start spending like crazy (as the greek state did) then your debt goes up.
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  103. Obviously you were too lazy to actually watch the video. And too low IQ to understand complex issues.
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  104. No. But the Eurozone would be better without greeks, so no one would bother with our misery.
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  105. Seems like he does, but indirectly.
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  106.  @zazenzach5754  It's not the first time Greece defaulted, all the other times we had "control of our own currency" The reason why Japan is strong despite the debt is because she didn't borrow to spend it on welfare, salaries and pensions. Read more about this VERY IMPORTANT difference.
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  107. Not even close.
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  108. Don't remind me of Argentina and how many Greeks believed that Argentina was doing better. Sometimes when crisis happens, people go on crazy stupid mode.
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  109. You haven't even seen a greek ever. And you don't even have a university degree.
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  110. 1. France didn't pay. It was EU and IMF. 2. They didn't "pay the debt" actually. Greece still owes the money but with better terms.
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  111.  @badiulalamhimel3541  It's not true, but I won't bother explain more. In any case I'm thankful to France as for all the other countries which helped.
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  112. I admire US for a lot of things, but not for everything and it's not exactly paradise. The poor GR has life expectancy 79.5 years for male and 84.5 years for female. For US is 76.3 years 81.4 Murder rate for GR -> 0.94 per 100.000 inhabitans For US -> 4.96
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  113. Turks should compare themselves with other middle eastern countries.
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  114. Voters started it all. But it's always nice if we can shift the blame.
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  115. I understand your good intentions, but don't spoil us even more. Greece has problems, but Greeks have to realize that some countries have it even worse (for example Turkey). Greeks don't have to pay rent (75 % home ownership vs 59% in TR) Have much more median wealth than TR. Live longer They don't have high inflation. 50% of Greeks owns a car vs only 10% of Turks. If you want to help your neighbor country, tell them to stop acting like kids and be grateful for the huge help they had from all around the world. No one is helping Turkey and yet Turks are not complaining all the time.
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  116. Spot on!!!
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  117.  @ytyt9654  Did I claim that we are equally rich? No, I didn't. But when A says "some parts are wealthy while other parts are falling through the ice" it just isn't true. The problem IS NOT inequality.
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  118. ​ @ytyt9654  Let's go once more, and maybe you will read it this time: "Did I claim that we are equally rich? No, I didn't." Did I claim that we have better standard of living - NO I DID NOT. But I was replying to a VERY CERTAIN comment. "some parts are wealthy while other parts are falling through the ice." Do you think that the problem is inequality? Then you can argue about it. But you can't claim I said thing I NEVER SAID.
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  119. Yeah, let's ask the rest of Balkans and Baltic countries. Are Greeks entitled to higher wages?
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  120.  @ytyt9654  Wanna bet on how fast the Nordic politicians will get corrupted? The voters is the problem.
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  121. ​ @ytyt9654  You don't read or you don't understand, you write one paragraph to just agree with what I wrote. I just can't believe how anyone could miss my point that much.
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