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Valve's hat economist now economics minister
posted in Off Topic
31
#31
-10 Frags +
-protosome of the nicest people in the world

please go away

[quote=-proto]some of the nicest people in the world[/quote]

please go away
32
#32
1 Frags +

Can't they just get on with seizing German assets in the country as war reparations?

Can't they just get on with seizing German assets in the country as war reparations?
33
#33
2 Frags +

The Greeks WW2 related proposals are a non-starter - it's just a thing they can bring up to try to get sympathy or to buy more time, as the issue of WW2 reparations relating to Germany was dealt with after the war, and the question is closed as far as international law is concerned. There's no avenue for them to pursue German assets - that will hear them anyways, because these issues were all dealt with at the Potsdam Conference and the Paris Peace Treaties of 1947. If Greece wanted its reparations they'd have had to have done it then. Furthermore when the DDR and FDR unified, additional treaties were signed (The Two Plus Four Agreements) which absolved Germany from all prior war treaties, with the exception of a few military provisions..

The Greeks *did* also receive reparations from Germany (115 million), but they've periodically brought the issue back up - but that ship has sailed as far as international law is concerned, because Greece was left out of the pertinent treaty proceedings.

The Greeks WW2 related proposals are a non-starter - it's just a thing they can bring up to try to get sympathy or to buy more time, as the issue of WW2 reparations relating to Germany was dealt with after the war, and the question is closed as far as international law is concerned. There's no avenue for them to pursue German assets - that will hear them anyways, because these issues were all dealt with at the Potsdam Conference and the Paris Peace Treaties of 1947. If Greece wanted its reparations they'd have had to have done it then. Furthermore when the DDR and FDR unified, additional treaties were signed (The Two Plus Four Agreements) which absolved Germany from all prior war treaties, with the exception of a few military provisions..

The Greeks *did* also receive reparations from Germany (115 million), but they've periodically brought the issue back up - but that ship has sailed as far as international law is concerned, because Greece was left out of the pertinent treaty proceedings.
34
#34
0 Frags +

I didn't say it would be legal

I didn't say it would be legal
35
#35
0 Frags +
MarxistFurthermore when the DDR and FDR unified, additional treaties were signed (The Two Plus Four Agreements) which absolved Germany from all prior war treaties, with the exception of a few military provisions.

The 2+4 Agreement actually didn't mention reparations at all and no treaty or agreement made after the war directly states that Germany doesn't have to pay them anymore. The closest they ever got was the London Debt Agreement (1953) which states that no reparations have to be payed anymore when there's a peace treaty between Germany and its WW2 enemies. This peace treaty never existed(and doesn't to this day) and in the 2+4 Agreement the term "peace treaty" was actively avoided. While Greece acknowledged that treaty they never signed it directly, which is probably how they want to try and get those reparations from Germany. It's most likely not going to work but it's not like they have no legal basis for their actions(although it is very slippery).

[quote=Marxist]Furthermore when the DDR and FDR unified, additional treaties were signed (The Two Plus Four Agreements) which absolved Germany from all prior war treaties, with the exception of a few military provisions.[/quote]
The 2+4 Agreement actually didn't mention reparations at all and no treaty or agreement made after the war directly states that Germany doesn't have to pay them anymore. The closest they ever got was the London Debt Agreement (1953) which states that no reparations have to be payed anymore when there's a peace treaty between Germany and its WW2 enemies. This peace treaty never existed(and doesn't to this day) and in the 2+4 Agreement the term "peace treaty" was actively avoided. While Greece acknowledged that treaty they never signed it directly, which is probably how they want to try and get those reparations from Germany. It's most likely not going to work but it's not like they have no legal basis for their actions(although it is very slippery).
36
#36
0 Frags +

The precedent for how reparations are dealt with typically falls back on The Versailles treaty sadly, which generally follows that if you didn't have a seat at the table during the original agreement, nobody is paying you anything lol. They're lucky they got their payment in the 60's.

If anything I think Greece is trying to bargain some sort of a debt swap with Germany, wherein Greece would promise to acknowledge its debt claim as paid or void in exchange for Germany easing up on them now - I doubt it will happen, because there's really no avenue for them to turn to. When they brought the issue up post-reunification, Germany simply responded that it was their view that the 2 + 4 agreement absolved them from such things, and Greece gave up.

The precedent for how reparations are dealt with typically falls back on The Versailles treaty sadly, which generally follows that if you didn't have a seat at the table during the original agreement, nobody is paying you anything lol. They're lucky they got their payment in the 60's.

If anything I think Greece is trying to bargain some sort of a debt swap with Germany, wherein Greece would promise to acknowledge its debt claim as paid or void in exchange for Germany easing up on them now - I doubt it will happen, because there's really no avenue for them to turn to. When they brought the issue up post-reunification, Germany simply responded that it was their view that the 2 + 4 agreement absolved them from such things, and Greece gave up.
37
#37
0 Frags +
MarxistIf anything I think Greece is trying to bargain some sort of a debt swap with Germany, wherein Greece would promise to acknowledge its debt claim as paid or void in exchange for Germany easing up on them now - I doubt it will happen, because there's really no avenue for them to turn to.

It's probably more a form of insurance in case the eurozone takes the nuclear option and expels them, then they have the domestic legal framework (the only one they would actually need to seize assets within their borders) to act unilaterally in reprisal.

The new news stories look like an effort to spin negotiations in a way that discourages other left leaning movements in the EU, in reality having an established hardline but powerful figure in the background is extremely useful for a new set of negotiators. That his role is possibly changing doesn't necessarily mean anything other than a change in tactics. The analysts are guessing along with everyone else.

A default would be bad for Greece but would also wreak havoc across the Eurozone and the global economy in unpredictable ways, and fear of this as an overriding factor in the thinking of the IMF and the ECB is probably behind the increasing number of good cops softening rhetoric from both institutions recently.

The reality is that almost all public statements on the subject, particularly German and Greek, are designed for political consumption at home and have very little to do with the true state of negotiations. If I had to pick one side over the other as more transparent it would probably be the Greeks, but that's only because they are more openly idealogical.

[quote=Marxist]If anything I think Greece is trying to bargain some sort of a debt swap with Germany, wherein Greece would promise to acknowledge its debt claim as paid or void in exchange for Germany easing up on them now - I doubt it will happen, because there's really no avenue for them to turn to. [/quote]
It's probably more a form of insurance in case the eurozone takes the nuclear option and expels them, then they have the domestic legal framework (the only one they would actually need to seize assets within their borders) to act unilaterally in reprisal.

The new news stories look like an effort to spin negotiations in a way that discourages other left leaning movements in the EU, in reality having an established hardline but powerful figure in the background is extremely useful for a new set of negotiators. That his role is possibly changing doesn't necessarily mean anything other than a change in tactics. The analysts are guessing along with everyone else.

A default would be bad for Greece but would also wreak havoc across the Eurozone and the global economy in unpredictable ways, and fear of this as an overriding factor in the thinking of the IMF and the ECB is probably behind the increasing number of good cops softening rhetoric from both institutions recently.

The reality is that almost all public statements on the subject, particularly German and Greek, are designed for political consumption at home and have very little to do with the true state of negotiations. If I had to pick one side over the other as more transparent it would probably be the Greeks, but that's only because they are more openly idealogical.
38
#38
18 Frags +

https://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards

http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png

https://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards [img]http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png[/img]
39
#39
3 Frags +

not a bad deal for the salad tbh

not a bad deal for the salad tbh
40
#40
0 Frags +
Schweppeshttps://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png

He doesnt have any plan on how to distribute the money, and hes only donated 10 euro himself. High hopes for the last 6 days of fundraising.

[quote=Schweppes]https://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards [img]http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png[/img][/quote]

He doesnt have any plan on how to distribute the money, and hes only donated 10 euro himself. High hopes for the last 6 days of fundraising.
41
#41
1 Frags +
Zarwu never leave tf2

never
so true

you can get the player out of the game, but can you get the game out of the player?
#tf2victim

[quote=Zar][quote=w]u never leave tf2

never[/quote]
so true[/quote]

you can get the player out of the game, but can you get the game out of the player?
#tf2victim
42
#42
1 Frags +
Schweppeshttps://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png

Get Greece to i55 solvency!

[quote=Schweppes]https://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards [img]http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png[/img][/quote]

Get Greece to [s]i55[/s] solvency!
43
#43
1 Frags +

valve should add some hat just like they did for japan when it was in trouble

valve should add some hat just like they did for japan when it was in trouble
44
#44
18 Frags +

http://www.grreporter.info/en/sites/default/files/il-aurait-voulu-etre-pianiste-mais-etait-plus-doue-pour-les-mathematiques.jpg

Not to be mean or anything but I wouldn't trust this guy with my money.

I mean he just looks like he was born to take your money.

[img]http://www.grreporter.info/en/sites/default/files/il-aurait-voulu-etre-pianiste-mais-etait-plus-doue-pour-les-mathematiques.jpg[/img]

Not to be mean or anything but I wouldn't trust this guy with my money.

I mean he just looks like he was born to take your money.
45
#45
16 Frags +

http://i.gyazo.com/3ed415048a469c674f527a91f06ddbfe.png

[img]http://i.gyazo.com/3ed415048a469c674f527a91f06ddbfe.png[/img]
46
#46
5 Frags +

Well hey, they got a million euros... That's more than I'd think anybody would donate lol.

Well hey, they got a million euros... That's more than I'd think anybody would donate lol.
47
#47
0 Frags +

I mean.
It's basically 160 euro per Greek citizen.. that's a lot.
Also 3 euro in some parts of European Union is not a beer rather 5, but close enough.

I mean.
It's basically 160 euro per Greek citizen.. that's a lot.
Also 3 euro in some parts of European Union is not a beer rather 5, but close enough.
48
#48
5 Frags +
Schweppeshttps://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png

Lmao this is so utterly ridiculous, is this like extremely subtle satire or something

Like does he have any idea how much time and money it would take to send out those awards if he actually reached that goal

He hasn't even made ~0.1 % of the goal and already thats a good 20,000 physical goods that need to be shipped out

Roughly extrapolate that to 100% and you get around 20,000,000 postcards, greek salads, and vouchers to be sent out

lets say it takes about 5 seconds to stuff a postcard or greek salad into envelope and mail it, just ignoring printing/salad creation

thats 100 million seconds total to mail everything, so that's approx 3 years of man hours

Dude has an estimated delivery of august 2015 lmao

[quote=Schweppes]https://www.indiegogo.com/greek-bailout-fund.html#/story
It's okay guys we'll just raise €1.6bn on the internet to save them in exchange for postcards [img]http://static.giantbomb.com/uploads/scale_small/11/110502/2180588-kappahd.png[/img][/quote]

Lmao this is so utterly ridiculous, is this like extremely subtle satire or something

Like does he have any idea how much time and money it would take to send out those awards if he actually reached that goal

He hasn't even made ~0.1 % of the goal and already thats a good 20,000 physical goods that need to be shipped out

Roughly extrapolate that to 100% and you get around 20,000,000 postcards, greek salads, and vouchers to be sent out

lets say it takes about 5 seconds to stuff a postcard or greek salad into envelope and mail it, just ignoring printing/salad creation

thats 100 million seconds total to mail everything, so that's approx 3 years of man hours

Dude has an estimated delivery of august 2015 lmao
49
#49
2 Frags +

Gold won't influence the value of world currencies anymore...It will be hats.

Gold won't influence the value of world currencies anymore...It will be hats.
50
#50
2 Frags +

1.6 billion...

imagine the indiegogo fees

1.6 billion...

imagine the indiegogo fees
51
#51
1 Frags +
LsRainbowsHe hasn't even made ~0.1 % of the goal and already thats a good 20,000 physical goods that need to be shipped out
Dude has an estimated delivery of august 2015 lmao

Yeah, people have a hard time comprehending order of magnitude changes. I know that, because I've tried to explain the size of the solar system to people, and they still don't understand why we don't have more stuff in the asteroid belt LMAO.

[quote=LsRainbows]
He hasn't even made ~0.1 % of the goal and already thats a good 20,000 physical goods that need to be shipped out
Dude has an estimated delivery of august 2015 lmao[/quote]
Yeah, people have a hard time comprehending order of magnitude changes. I know that, because I've tried to explain the size of the solar system to people, and they still don't understand why we don't have more stuff in the asteroid belt LMAO.
52
#52
4 Frags +

and he's gone....

http://money.cnn.com/2015/07/06/news/economy/greece-yanis-varoufakis-resigns/index.html

Rip hats becoming world-wide currency of choice plan :(. What will GabeN do now in his quest to rule the world?

and he's gone....


http://money.cnn.com/2015/07/06/news/economy/greece-yanis-varoufakis-resigns/index.html

Rip hats becoming world-wide currency of choice plan :(. What will GabeN do now in his quest to rule the world?
53
#53
0 Frags +
MarxistWhat will GabeN do now in his quest to rule the world?

Become the new Greek finance minister of course

[quote=Marxist]What will GabeN do now in his quest to rule the world?[/quote]
Become the new Greek finance minister of course
54
#54
1 Frags +
Marxistand he's gone....

http://money.cnn.com/2015/07/06/news/economy/greece-yanis-varoufakis-resigns/index.html

Rip hats becoming world-wide currency of choice plan :(. What will GabeN do now in his quest to rule the world?

I sold all my euro just in time, I can see it falling now :D

[quote=Marxist]and he's gone....


http://money.cnn.com/2015/07/06/news/economy/greece-yanis-varoufakis-resigns/index.html

Rip hats becoming world-wide currency of choice plan :(. What will GabeN do now in his quest to rule the world?[/quote]
I sold all my euro just in time, I can see it falling now :D
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