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RidingPie

Member Since 07 Sep 2010
Offline Last Active Today, 08:06 PM
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Posts I've Made

In Topic: The Great 100 (nearly) days to go poll!

Today, 06:50 PM

TBH given our current voting system, only a vote for one of the big two parties is going to produce a decisive result. Vote UKIP get Labour (perhaps) vote Green get the Tories,(the last party someone with Green view would want IMO) vote Lib/Dem, get the Tories. Same in Scotland, it may be very tempting to vote SNP but they are never going to form the government of the UK, it's horses for courses, the SNP claim to be a social democratic, left o centre party, so you've more chance , it these are your views by sticking with Labour.


Here's an article which sums up my feelings towards comment like yours Trojan.

http://www.theguardi...green?CMP=fb_gu

While I'm not likely to vote green I'm certainly tired of being told who not to vote for by people I essentially don't trust.

Each to their own, but this time I'm going to vote for the closest party to my opinions and not the least bad major option. Don't know who that is yet though.

In Topic: The Great 100 (nearly) days to go poll!

Today, 06:00 PM

May I be the first to say, vote Clegg get Cameron. Vote Farrage get Miiliband. Vote green get???? Either of the big two?

In Topic: Greece Election

27 January 2015 - 08:34 PM

I like a lot of that post, but I have to disagree with the bit about default and leave the euro.

If Greece defaults, where would it ever be able to borrow money from? Nowhere. Except at extortionate interest rates. If you borrow money, you have to pay it back. Declaring yourself bankrupt is not right. It may be legal, but it is not right.

So, who is to blame? First and foremost, the Greek government. However, your point about an unsecured loan is valid. Anybody who thought that Greece had met the convergence criteria back in 1999 is either stupid, naive or duplicitous. The Greek people knew, I knew, I refuse to believe the German and French governments didn't know. It is beyond belief! So, blame shared. Greece should still repay its debt, but not so fast as to destroy their economy, which is what is happening right now.

What is that old cliche about living in interesting times?


I agree as well. People, companies and countries should borrow responsibly and pay what they owe. Bankruptcy is bad and I, like you would rather it didn't happen, but since it is legal, and forcing the payments, and forcing them to take more expensive loans to pay the interest payments on other loans is only making the country worse (certainly in relation to the debt GDP ratio). There are no good answers here.

I do think leaving the euro would help due to the boost in exports and tourism that should provide, and frankly the only way the Germans will let them out of the euro that I can think of is a default (i accept I could be wrong on that).

In Topic: Greece Election

27 January 2015 - 07:11 PM

For me the bond holders are just like investers/ shareholders in any normal company.

The didn't do their research and made a bad investment. Now they're complaining they might lose their money. As far as I'm aware it's pretty much an unsecured loan.

Yes the Greeks should have borrowed more responsibly, but responsibility goes both ways. If I asked for a loan of 1 million pound I'd be laughed out of the bank. The investors should have done the same to Greek government.

Personally I think they need to default and leave the euro. A very low value currency would make Greece a place I'd be very interested in visiting with my family as they've got some great history and great beeches. The euro has sadly made Greece too expensive to visit for many drying up a precious revenue stream.

In Topic: Sky SL review/tries over Xmas

03 January 2015 - 07:33 AM

Unfortunatly I suspect this is, at least in part down to us losing our only SL level club in the capital. Most will deny that but with the country being as lopsided as it is, we'll start seeing even more cut backs in our coverage