Article

2015-08-07 Economy

Greece Reverts To Barter Economy For First Time Since Nazi Occupation

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Posted by DarthVader 2015-08-07 15:20|| || Front Page|| [8 views ] Top

#1 Coming to a California near you!

Posted by DarthVader 2015-08-07 15:21|| 2015-08-07 15:21|| Front Page Top

#2 Yes, DV. I must get to work on my chicken coop. When the government fails the people have to figure it out themselves. Most likely the'll end up better off that way.

Posted by Ebbang Uluque6305 2015-08-07 16:37|| 2015-08-07 16:37|| Front Page Top

#3 0 Doing everything for yourself.
1 Barter
2 Using money is just temporal barter (i.e. you can wait till you need the goods).
3 Credit/Debt is temporal money.
4 ?
As long as they assist comparative advantage then the economy will flourish. Taxes that harm comparative advantage such as income and the badly named "fair" (deferred income) tax will cause economic problems.

Posted by Bright Pebbles 2015-08-07 17:53|| 2015-08-07 17:53|| Front Page Top

#4 When the govt collapses from going bankrupt, then we will all be on the barter system.

Posted by Alaska Paul 2015-08-07 21:00|| 2015-08-07 21:00|| Front Page Top

#5 If they have computers, they should use Bitcoin.

Posted by KBK 2015-08-07 21:27|| 2015-08-07 21:27|| Front Page Top

#6 As per 32, how can the US Govt-Fed fail iff every Amerikan are all MEXICANS, CANADIANS, + GREENLANDERS = "CONTINENTALISTS" [North AMerika] + "REGIONALISTS" [USoAmerika per se] now under OWG NAU + so-called TPTAS???

D *** NG IT, AS A NEW OWG "CONTINETALIST" WHERE IS MY FREE LIFETIME AIRLINE PASS ON CONTINENTAL AIRLINES - DITTO AS A "REGIONALIST" + SOUTHWEST AIRLINES, AIR MEXICO, AIR CANADA, ETC!

WHY, OBAMA, WHY!?

lol.

The good news is ...

* DEFENCE.PK/FORUMS > CHINA + IRAN MAY BARTER WEAPONS FOR OIL - THE HINDU.

* RELATED BHARAT RAKSHAK > [IBT] CHINA + IRAN WEIGH US$1.0BILYUHN DEAL TO SWAP CHENGDU J-10 FIGHTERS [24 ea. J-10's to start, up to 150 tote]. FOR [Chinese control of Iranian] MAJOR OIL FIELD.

Almost seems like IRAN = USA + PORK/DEFICIT-HAPPY CONGRESS = BORROWED A LOT OF BOND $$$ FROM CHINA.

POTUS OBAMA = the US can't take China off its Financial System, i.e. NEEDS TO KEEP BORROWING FROM CHINA, ETAL. IN ORDER TO SUPPORT ITS SUPER-MASSIVE-N-STILL-GROWING WELFARE-NANNY STATE + NEW SOCIALIST ORDER.

Posted by JosephMendiola 2015-08-07 22:30|| 2015-08-07 22:30|| Front Page Top

23:51 borgboy
23:48 borgboy
23:45 Alpha2c
23:44 borgboy
23:16 JosephMendiola
23:01 Zenobia Floger6220
22:42 JosephMendiola
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22:10 JosephMendiola
22:06 rjschwarz
21:27 KBK
21:06 Bill Clinton
21:02 Alaska Paul
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21:00 Alaska Paul
20:58 Alaska Paul
20:58 Jeremiah Glump3926
20:56 Jeremiah Glump3926
19:58 JosephMendiola
19:07 Shipman
18:38 Frank G on the road
18:20 Bright Pebbles
17:53 Bright Pebbles