Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Luisport:MV8xODY4OTU4XzMxMjE3ODM4XzY4MzMxOTZB] ROUBINI: It's Time For Greece To Leave! Nouriel Roubini has a new editorial up on Project Syndicate, and his message is simple: a Greek default is obviously coming down the pike, so policymakers might as well seize the opportunity to guide Greece out of the eurozone in an orderly fashion in order to minimize the pain for everyone. The bottom line is that the only way Greece can get back on track to competitive growth given its current state of fiscal affairs is real currency depreciation. Roubini's recipe for an orderly exit: Losses that eurozone banks would suffer would be manageable if the banks were properly and aggressively recapitalized. Avoiding a post-exit implosion of the Greek banking system, however, might require temporary measures, such as bank holidays and capital controls, to prevent a disorderly run on deposits. Read more: http://www.businessinsider.com/roubini-greeces-only-choice-is-to-leave-the-eurozone-now-2012-5#ixzz1v992fQKE [/quote]
3 min Theodora Oikonomides‏@IrateGreek
#Greece Army has ordered a sudden, real-time preparedness exercise of Rapid Response force on a remote island, via @doleross #rbnews
link to twitter.com
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2017 Godlikeproductions.com
Page generated in 0.006s (5 queries)