(POLL) -- It is 5/11/2012. You Are Greek. -- Is it time for a personal SHTF bunker scenario??

MsMorrisine

Pretend you are Greek.

It is now: 5/11/2012.


Things are looking shaky for the country with questions about paying debt and austerity that is unpopular.


It could get ugly fast after these new and newer elections.



Question of the day: do you prepare your personal SHTF bunker now?

RedTiger

Europeans have a tendency to go Communist or Fascist when times get really bad. Best to get out of Dodge before the shooting starts. Gold will only help on the margin for those that are not politically connected to the new dictatorship when the dust settles. If it indeed unfolds that way, the dictator may stay in for a long time or it may be a short reign of terror. In either case, those with the means to buy gold are likely better off leaving the country. The Euro passport still works for now to any Euro zone country.

miklia

I'd take it a bit further:

People have a tendency to embrace simplistic ideologies that 'explain' the world when times get really bad.

agree with the rest, but Greece ain't quite there yet..

PerryHall

Greeks, like most people, are in denial and will continue living their lives completely oblivious to the impending economic turmoil.

OPA

<< <i>Europeans have a tendency to go Communist or Fascist when times get really bad. Best to get out of Dodge before the shooting starts. Gold will only help on the margin for those that are not politically connected to the new dictatorship when the dust settles. If it indeed unfolds that way, the dictator may stay in for a long time or it may be a short reign of terror. In either case, those with the means to buy gold are likely better off leaving the country. The Euro passport still works for now to any Euro zone country. >>



Very well said. Greece, Italy, Spain & France have always had a large Communist presence.

ricko

Yep... they will continue on, even when the economic tsunami hits... likely the country will be in political chaos, but the majority of the people will endure as they have for centuries. Cheers, RickO

jmski52

The newly-elected Greek president is rejecting the austerity plan and he wants more money from the Euro Zone. So do his constituents. Imports may be about to get more expensive for all Greeks. Most Greeks probably won't be able to afford higher prices, especially when their government subsidies, pensions, and salary checks are cut.

Probably a Weimar scenario at first, with multiple changes in the government. Anyone who has money will eventually be targeted. After that, it's anybody's guess. Probably a UN intervention and aid programs if the situation gets too far out of control.

MsMorrisine

<< <i>The newly-elected Greek president is rejecting the austerity plan and he wants more money from the Euro Zone. So do his constituents. Imports may be about to get more expensive for all Greeks. Most Greeks probably won't be able to afford higher prices, especially when their government subsidies, pensions, and salary checks are cut.

Probably a Weimar scenario at first, with multiple changes in the government. Anyone who has money will eventually be targeted. After that, it's anybody's guess. Probably a UN intervention and aid programs if the situation gets too far out of control. >>




if they voluntarily exit the euro, they better ont look to me for a bailout.

MsMorrisine

<< <i>Yep... they will continue on, even when the economic tsunami hits... likely the country will be in political chaos, but the majority of the people will endure as they have for centuries. Cheers, RickO >>




but Plato didn't deal with fiat currency did he?