Then during a regularly scheduled program, CBS interrupted to tell about the United Airlines computer glitch, a router they say, and then also a glitch affecting Wall Street and the Wall Street Journal also. I suppose it is all settled by now, but this happened right while I was writing on Facebook about Greece, China, and other dire things. Is it all coincidence?
Someone then published a tweet that Anonymous had posted on the eve of the Wall Street problem wondering if they were going to have a bad day too. For all practical purposes, the government in China has imposed rules on its stock exchange that has shut it down totally.
Greece must come up with a plan to pay off its debts, and to get its economy back on track once again. So many fingers pointing at one another on the cause of this problem but Greece is now seeking its third bailout which is creating consternation everywhere.
The problem in Greece will be solved this week. A deadline has been established for the newly elected leader to present his solution to the problem this week, and if he does not come up with something that is agreed to by the EU the group will decide on Sunday what to do about the long standing debt.
Greek only digs its hole deeper when it takes the kind of action that it has most recently done. The rest of the EU is exasperated with their delay methods. When the new leader went to the EU he came up empty. He has had two days to prepare a proposal to save his country which is essentially bankrupt. Whether the EU will have compassion one more time or not is anybody's guess as it does not sound good for them at all.
They are all prepared for the removal of Greece from the Union if necessary according to various news reports.
Other nations that are a part of this union are also having economic woes, but Greece has been suffering for years with no chance of recovery. I have read many various discussions about the cause of the Greek failure, but most of it is due to mismanagement, bad leadership, and incompetent decisions made at the polls.
In a vote held recently whether the Greeks should give in to the demands made upon them by their creditors, the population voted NO to support their newly elected leader. He is a handsome young man but came up empty when traveling to meet the EU session. He had no proposal or plan to rescue his nation from this catastrophe.
In truth, Germany has helped Greece the most in these bailouts, and France stands second to Germany in the amount of help that has been extended. There is a graph showing who the creditors are to whom Greece is beholden. So it is easy to sympathize with Germany who has done the most and therefore is losing the most when Greece cannot repay its debt.
Germany is being asked to recall the years when it was given a pass on its own debt following WWII, but the situations are not the same at all. The only thing that France and Germany can do if Greece cannot ever repay its debt to get itself solvent and back in the game is to just cut their losses. This will be difficult for each of these nations but also more so for Greece. Quite honestly, Greece does not have very much going for it without their olive trees, and their ancient antiquities.
Until they come up with a vital industry willing to locate in Greece, employ vast numbers of competent workers, Greece is going to remain another nation like all the others in that region, simply becoming totally a social welfare state.
Health seems to be the real problem for those who need hospitals, doctors, and nurses. Many physicians have left the country to find employment elsewhere; ironically, some go to Germany where they can have a good life.
It is a dire situation.
So United Airlines did get back and running after they solved their router problem, I suppose that Wall Street may be back up by now...have not checked but will see. Comments on the internet are fascinating because someone listed all the stock markets that are fully functioning in the USA. Amazing at how the news media directs our attention to only those that seem important to their editors...how I dislike our news media at times.
And jumping to that problem, another ugly picture surfaced today on Facebook. A young woman attacked her boyfriend for not having sex with her. In addition to her boyfriend, she went home and punched her 66 year old mother in the face. Channel 12 posted her mug shot on the Facebook page and all the comments were derisive, commenting on her ugly appearance. She has a dental problem with two bad front teeth. Comments were very disgusting! I chastised channel 12 for posting it in the first place.
Really, it is not nice to make fun of people because their parents were too poor or too uncaring to get this girl proper dental care.
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