Central Banks Promise To Save World On Monday If Greece Elects A Crazy Person This Weekend | |
G3 (OP) User ID: 497757 United States 06/15/2012 11:27 PM Report Abusive Post Report Copyright Violation | |
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KateSask User ID: 15170057 Canada 06/15/2012 11:30 PM Report Abusive Post Report Copyright Violation | I heard this on the news this AM....kicking the can down the road further is all. OMG |
G3 (OP) User ID: 497757 United States 06/15/2012 11:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 4619492 United States 06/15/2012 11:37 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 17984819 Spain 06/16/2012 04:04 AM Report Abusive Post Report Copyright Violation | The thing is, they won't know immediately what will happen in Greece. None of the parties want to leave the €uro, they just want to re-negotiate the terms of the bailout package. If it's going to hit the fan then it'll more than likely be July because that's when Greece are due to make their next interest payments and they can't do that without the next round of bailout money. They won't get that bailout money if they don't agree to stick to the original terms. At that point they will default on the bailout loan agreement and then..... ??? It's absurd anyway that they're getting more bailout money from the very countries they've got to pay interest payments too! If I owed my bank €100 and asked to borrow another €100 from that same bank just so I could pay them back, they'd laugh at me. |
Anonymous Coward User ID: 17984819 Spain 06/16/2012 04:10 AM Report Abusive Post Report Copyright Violation | I found a link to the "Secret Summit" held by Mervyn King. The article was from 26th May so they've had their chips lined up a for awhile now but only announced co-ordinated plans, last Thursday. "London will this week host a private global summit on the world financial crisis amid mounting pressure on eurozone economies. No agenda has been published and there will be no communique issued afterwards. ‘It is a private, off-the-record meeting,’ said a source." Read more: [link to www.thisismoney.co.uk] |
insertfunnyusername User ID: 17920076 Greece 06/16/2012 06:34 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1496863 United Kingdom 06/16/2012 06:37 AM Report Abusive Post Report Copyright Violation | If it's going to hit the fan then it'll more than likely be July because that's when Greece are due to make their next interest payments and they can't do that without the next round of bailout money. They won't get that bailout money if they don't agree to stick to the original terms. At that point they will default on the bailout loan agreement and then..... ??? you may be right their son |
G3 (OP) User ID: 497757 United States 06/16/2012 11:59 AM Report Abusive Post Report Copyright Violation | I found a link to the "Secret Summit" held by Mervyn King. The article was from 26th May so they've had their chips lined up a for awhile now but only announced co-ordinated plans, last Thursday. Quoting: Anonymous Coward 17984819 "London will this week host a private global summit on the world financial crisis amid mounting pressure on eurozone economies. No agenda has been published and there will be no communique issued afterwards. ‘It is a private, off-the-record meeting,’ said a source." Read more: [link to www.thisismoney.co.uk] Very interesting. TY |