http://greece.greekreporter.com/2014/12/04/75-of-greek-pensioners-enjoy-early-retirement/ Also, self-reported work hours != "working hard"
With regards to retirement age: http://www.thisismoney.co.uk/money/...nt-ages-in-Europe-compared.html#ixzz3excGJo8O Recent pension reforms in Greece promise to steepen that even more: Greece is marked EL--you will note that despite all the rhetoric of Greece "not making hard choices", pension reforms that have ALREADY BEEN PASSED will ensure Greece has one of the highest retirement ages in Europe--years more than Germany by 2060. https://medium.com/bull-market/the-...ain-francesco-giavazzi-on-greece-92988bc675eb Also, citing stereotypes != good. Stereotypes? Really?
They are actually opinion polls - including what people think of their own country. It's remarkable that the Greeks consider their own country the most corrupt in Europe.
The title of the poll is "Stereotyping in Europe". lol. it's obvious what Pew thinks they have collected: shallow, trite opinions. Is it also remarkable that the Poles and Czechs find their country is the most corrupt in Europe? Or that everybody else thinks it's Italy (maybe this was right after watching the Godfather). Anyways, regardless of what people in the study are stereotyping, the Greek people have suffered more than enough through ill-planned and ill-managed austerity. The IMF has admitted as much. http://www.nakedcapitalism.com/2015/04/imfs-big-greek-mistake.html
The article cited at the source. Oh you can also get it here. http://www.bruegel.org/nc/blog/detail/article/1615-the-imfs-big-greek-mistake/ Here is the relevant paragraph again now that you know the author is a former IMF director and your choice of domain names is accounted for (lol): Here is the IMF's appraisal of their own error in Greece: https://www.imf.org/external/pubs/ft/scr/2013/cr13156.pdf Here is the IMF's chief economist warning that more austerity will crush growth: https://www.imf.org/external/pubs/ft/wp/2013/wp1301.pdf trite, shallow opinions that make it obvious you didn't bother to look beneath the surface are really beginning to trend with you. As for the rest of the substance: what can be said about austerity in Greece other than "oops"?
The fiscal measures which also worked in other countries were having a positive effect in Greece - then they chose to elect a nationalist/socialist government (just think how absurd that is - right-wing extremists entering into a coalition with left-wing extremists) which basically wrecked the country. This is someone I actually feel very sorry for: And these are the guys that caused the situation:
Answer this, intern: Which country is in a better situation right now - Spain or Greece? Which one implemented fiscal measures and which one chose to continue to expect handouts? Also, regarding the user "malakas":
I don't think you have any credibility on this topic if you think Greece "chose to continue to expect handouts" without implementing fiscal measures. In fact, Greece is in much better shape when it comes to surplus/deficit right now at 1.4% of GDP. Spain is still at 4.5%. Of course, bond market pricing would have you think otherwise--but yeah, bond yields have been such a well-worn leading signal of "good times to come". https://medium.com/bull-market/the-...ain-francesco-giavazzi-on-greece-92988bc675eb
but of course, I'm arguing with a dude who is citing stereotypes, not clicking links and reading author profiles, and now openly speculating about usernames because ??? so I guess the question of credibility on this topic should be a rhetorical one.
You are not "arguing" with me. You are getting educated by someone with a vastly superior education in economics compared to whatever University of Phoenix online courses you took, although it is probably hopeless in your case.
lolllllllll. your "education" has comprised three photos, a pew study citation on stereotypes, one off-center question, and questioning a domain name. Your fine "education" makes me think of Peter Gregory haha. Education =! learning, though as you've questioned my degree in your verge of tangents, I'll have you know it's completely irrelevant to this discussion but that it is of a fine economic, some would say Galbraithian vintage. You've left unaddressed these critical facts: 1) The IMF has admitted more austerity will crush growth and that they underestimated the effects of austerity. 2) Greece has actually seen its primary defecit shrink faster than Spain. 3) Greece is undergoing something greater than the Great Depression thanks to fiscal adjustments, which you think is "positive". 4) Greece has undergone pension reforms that will make the average age of retirement significantly higher than the European mean. A similar set of reforms were ruled unconstitutional in Italy. 5) Greeks work the most on average in the Eurozone. If you need to complete another three-year degree to be able to be qualified to read through the IMF documents, I can understand.
Even though you suffer from a very selective perception, why don't you first look at the post I was responding to. Then ask yourself why you are being a hypocrite?
I don't think Northside's post looked like a copy of a TJ post. It may have been slightly degrading to what you've posted in this thread, but I didn't think it was a mimicry of TraderJorge style.
You have left unaddressed this critical fact: The IMF Managing Director Lagarde said that the bailout talks need "adults in the room", clearly implying that Varoufakis and Tsipras with their socialist dumbassery do not belong in that category. Yes, because of the fiscal measures which were implemented - until left-wing extremists Syriza took over together with their nationalist coalition partner and destroyed all progress that was made. Basically, they implemented policies you and other idiots were asking for and then everything went down the drain. No, thanks to left-wing extremists and right-wing extremists in the new Greek government acting extremely irresponsibly, thinking this is something where they can try some game theory shenanigans in order to blackmail the rest of Europe into giving them what they want. No, they haven't. 75 % of Greek pensioners enjoy early retirement. “In the public sector, 7.91% of pensioners retire between the ages of 26 and 50, 23.64% between 51 and 55, and 43.53% between 56 and 61. In IKA, 4.44% of pensioners retire between the ages of 26 and 50, 12.83% retire between 51 and 55, and 58.61% retire between 56 and 61. Meanwhile, in the so-called healthy funds, 91.6% of people retire before the national retirement age limit,” Vroutsis said. http://greece.greekreporter.com/2014/12/04/75-of-greek-pensioners-enjoy-early-retirement/ If you want to understand how these statistics are compiled and how they work, you should actually read this: http://lolgreece.blogspot.de/2015/04/on-greek-working-hours-and-structural.html I doubt you will understand that post, but it explains it. I have been to Greece many times and I am far from saying all Greeks are lazy. But I find it funny that they think they work the hardest in Europe.
