Paying off Greece's debt - via crowd-funding http://t.co/GjKzwZg7Qn pic.twitter.com/WlADLsPDWh
— Times of Malta (@TheTimesofMalta) June 30, 2015
The sad part of this"joke campaign" is that some people will truly think the campaign (which would benefit IMF, not Greece) is a good idea in the first place. A humanitarian effort to help the Greek people directly would be highly appropriate. But an effort to raise money to pay the International Monetary Fund? That's insane. The satirical intent is actually quite sad, and the campaign distracts people from the true upcoming need for humanitarian relief.
The other sad thing is that people apparently can't do basic math any more. For anyone who's lulled into thinking this campaign is serious: It should be obvious that you can't possibly reach a goal of €1.6 billion. When the Indiegogo site went down, it had been taking pledges at a rate of over a thousand Euros a minute (which is not terribly high, as these things go). To reach its goal in the time allotted (7 more days), the campaign would have to take in €158000 a minute.
At €1000 a minute, the Save Greece campaign would need more than three years to reach its goal!
As I write this (2:15 pm Eastern US, Tuesday 30 June), the Greece Bailout crowdfunding campaign has reached €251,121 in pledges. Which means the campaign is 0.016% of the way to its goal. Not 1.6%, but 0.016%.
To reach a €1.6 billion goal (the current campaign's goal), you'd need 16 million contributors of €100 each. That's not going to happen.
Nor should it happen. Paying the extortion demands of IMF is not the same as helping Greece. Ordinary citizens around the Eurozone will be helping bail out Greece soon enough, through normal default mechanisms, when Germany, France, Spain, Italy, and other holders of Greek bonds find those bonds worthless.
So as an exercise in showing how big the debt numbers are, yes, this is a pretty good way of showing it. Insert polite golf clap here for the inventor of the campaign.
A deal could still be (and likely will be) reached to avert all-out default in the days ahead, but for now, the best thing you can do for Greece is pray; and if a catastrophe happens, donate to international relief agencies.
This comment has been removed by a blog administrator.
ReplyDeleteThis comment has been removed by the author.
DeletePrecisely test your Internet association speed with this incredible broadband speed test. Improve your transfer speed with reality.
ReplyDeletetestmy.net speed test
testmy.net
https://earnigo.com/tech/testmy-net-speed-test- review/
ReplyDeletehttps://fullservicelavoro.jimdosite.com/
http://treeads.nation2.com/
https://jumperads.yolasite.com/
http://jumperads.nation2.com/
http://transferefurniture.hatenablog.com
https://allmoversinriyadh.wordpress.com/
https://companymoversinjeddah.wordpress.com/
شركة نقل عفش بجازان
ReplyDeleteشركة نقل عفش
اهم شركات مكافحة حشرات بالخبر كذلك معرض اهم شركة مكافحة حشرات بالدمام والخبر والجبيل والخبر والاحساء والقطيف كذلك شركة رش حشرات بالدمام ومكافحة الحشرات بالخبر
شركة مكافحة حشرات بالدمام
شركة تنظيف خزانات بجدة الجوهرة من افضل شركات تنظيف الخزانات بجدة حيث ان تنظيف خزانات بجدة يحتاج الى مهارة فى كيفية غسيل وتنظيف الخزانات الكبيرة والصغيرة بجدة على ايدى متخصصين فى تنظيف الخزانات بجدة
شركة تنظيف خزانات بجدة
شركة كشف تسربات المياه بالدمام
شركة نقل عفش واثاث
ReplyDeleteشركة سكاي لخدمات نقل العفش والاثاث بالمنطقة العربية السعودية نحن نوفر خدمات نقل اثاث بالرياض ونقل عفش بالمدينة المنورة ونقل عفش بمكة ونقل عفش بالطائف نحن نقدم افضل نقل اثاث بخميس مشيط ونقل عفش بجدة
شركة سكاي نقل العفش
مدونة لنقل العفش
شركة نقل عفش بمكة
شركة نقل عفش بالرياض
شركة نقل عفش بالمدينة المنورة
شركة نقل عفش بجدة
شركة نقل عفش بالطائف
شركة نقل عفش بالدمام
Web property is properly designed in a friendly way Thanks For Sharing Beautiful Memories!
ReplyDeletewww.norton.com/setup
norton.com/setup
office.com/setup
www.office.com/setup
officecomsetup
officesetup
my.norton.com
us.norton.com/setup
login.norton.com
Hello Everyone !
ReplyDeleteUSA SSN Leads/Dead Fullz available, along with Driving License/ID Number with good connectivity.
All SSN's are Tested & Verified.
**DETAILS IN LEADS/FULLZ**
->FULL NAME
->SSN
->DATE OF BIRTH
->DRIVING LICENSE NUMBER
->ADDRESS WITH ZIP
->PHONE NUMBER, EMAIL
->EMPLOYEE DETAILS
*Price for SSN lead $2
*You can ask for sample before any deal
*If you buy in bulk, will give you discount
*Sampling is just for serious buyers
->Hope for the long term business
->You can buy for your specific states too
**Contact 24/7**
Whatsapp > +923172721122
Email > leads.sellers1212@gmail.com
Telegram > @leadsupplier
ICQ > 752822040
This is what I get on that page, Nice Post and Appreciated your support. Thank you so much for sharing such a detailed information. We are proud that clients hold against using our moving company.
ReplyDeleteFurniture Movers and packers like www.servicebasketuae.com/movers-and-packers-in-dubai.html make their best handling to secure the goods from all the possible effects.
https://www.allieddubaimovers.com/
Professional furniture Moving and packing service Sharjah, at reasonable price. https://www.allieddubaimovers.com/movers-and-packers-in-sharjah/
www.allieddubaimovers.com/movers-and-packers-in-abu-dhabi/
you can get help from our affordable writing services online And improve your overall grades.
ReplyDeleteMy Assignment Help
Your post is very helpful and information is reliable. I am satisfied with your post. Thank you so much for sharing this wonderful post.
ReplyDeleteStay Close Cush Jumbo Green Coat