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For anyone who hasn't seen it yet, there is a crowdfunding campaign on Indiegogo to pay-off the debt. If everyone in Europe contributed, it would be around €3 e

For anyone who hasn't seen it yet, there is a crowdfunding campaign on Indiegogo to pay-off the debt. If everyone in Europe contributed, it would be around €3 each. The campaign has raised over €150,000 today: https://www.indiegogo.com/projects/greek-bailout-fund/x/1873961 https://www.indiegogo.com/projects/greek-bailout-fund/x/1873...

deleted 11y ago
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miralabs 11y ago
that is definitely some sort of trolling.
aquark 11y ago
It's a nice thought ... but €3 each covers the immediate payment needed. Total Greek debt is €323 B [1] and there are 503 million inhabitants in the EU, making 'pay-off the debt' more like €642 per inhabitant For context total EU sovereign debt [2] is €24,415 per inhabitant [1] http://www.bbc.com/news/world-europe-33325886 http://www.bbc.com/news/world-europe-33325886 [2] http://www.eudebtclock.org/ http://www.eudebtclock.org/
- mikeash 11y ago
  That really puts the scale of the problem in a new perspective for me. That's $715 (at the current exchange rate) for every person on the continent just for the debt of one tiny little corner of it.
Trufa 11y ago
Oh man, would this be even possible? That is a lot of money. I'm gonna pitch in but this needs some serious traction. Wouldn't it be amazing though? Imagine what a breakthrough it would be, this sort of worldwide collaboration, it would be very empowering to common people. I'm not sure why I'm getting so down-voted, maybe a little bit naive, but I thought I made clear I know it's a long shot, that much is clear, but given that, what isn't true about the rest of my statement?
drzaiusapelord 11y ago
Err, Greece is in the hole for a THIRD OF A TRILLION euros. That's 1.5 years of their entire GDP. This fund is just for the immediate payment. That's on top of running in the red budget-wise sans austerity.

deleted 11y ago

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miralabs 11y ago

that is definitely some sort of trolling.

aquark 11y ago

It's a nice thought ... but €3 each covers the immediate payment needed. Total Greek debt is €323 B [1] and there are 503 million inhabitants in the EU, making 'pay-off the debt' more like €642 per inhabitant For context total EU sovereign debt [2] is €24,415 per inhabitant [1] http://www.bbc.com/news/world-europe-33325886 http://www.bbc.com/news/world-europe-33325886 [2] http://www.eudebtclock.org/ http://www.eudebtclock.org/

mikeash 11y ago
That really puts the scale of the problem in a new perspective for me. That's $715 (at the current exchange rate) for every person on the continent just for the debt of one tiny little corner of it.

Trufa 11y ago

Oh man, would this be even possible? That is a lot of money. I'm gonna pitch in but this needs some serious traction. Wouldn't it be amazing though? Imagine what a breakthrough it would be, this sort of worldwide collaboration, it would be very empowering to common people. I'm not sure why I'm getting so down-voted, maybe a little bit naive, but I thought I made clear I know it's a long shot, that much is clear, but given that, what isn't true about the rest of my statement?

drzaiusapelord 11y ago

Err, Greece is in the hole for a THIRD OF A TRILLION euros. That's 1.5 years of their entire GDP. This fund is just for the immediate payment. That's on top of running in the red budget-wise sans austerity.