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| 12:50 PM | ||
| Users Online Now: 2,171 (Who's On?) | Visitors Today: 1,173,025 | |
| Pageviews Today: 1,595,368 | Threads Today: 412 | Posts Today: 6,653 |
| 12:50 PM | ||
GAME OVER! Merkel: There Is "No Possibility" Of Bailing Out Greece | |
| Anonymous Coward User ID: 862727  United States03/01/2010 01:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 862727 United States03/01/2010 01:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 897752  Canada03/01/2010 01:25 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 862727 United States03/01/2010 07:00 AM Report Abusive Post Report Copyright Violation | Greece -- Cash On Hand: in forum [Rumors]: [link to tickerforum.org] Aynrandfan: Word is that the Greek gov't is now down to about 3 weeks worth of cash-on-hand to fund it's operations; you might see this over at Mish's site or Zero Hedge over the next day or two. The Greek government is already planning on "orderly shutdowns" of "non-essential" parts of the government if it can't arrange for anything beyond that point. 3 weeks, folks. That's all they've got. |
| Anonymous Coward User ID: 901651 Canada03/01/2010 07:29 AM Report Abusive Post Report Copyright Violation | If anybody actually believed her, stocks would be tanking right now. They're not. IBs, SWFs and Hedge funds play up these 'crises' (often causing them to begin with) so they can drive up bond yields and make even more money. Nobody wants .25-.75% returns anymore. Greece's debt-to-GDP is nothing compared to Italy or the UK but they made an easy target for speculative attack. The UK is next though - they're weak due to an upcoming election. Canada will be a target too, if an election is called (which will happen if the next budget fails to go through parliament) and the Liberals or NDP score to high in the polls. |
| Anonymous Coward User ID: 903933  Germany03/01/2010 07:35 AM Report Abusive Post Report Copyright Violation | Well, actually German will help a little: Quoting: Anonymous Coward 862727"Right now we can help Greece by stating clearly that it has to fulfil its duties," said Merkel, adding that Greece had to "show great courage" in order to resorb its deficits and restore its "lost credibility". Thanks a lot! LOL, that´ll help a lot. Best thing they could do is paying nothing and letting EU die! |
| Anonymous Coward User ID: 428255  Bulgaria03/01/2010 07:37 AM Report Abusive Post Report Copyright Violation | Well, actually German will help a little: Quoting: Anonymous Coward 903933"Right now we can help Greece by stating clearly that it has to fulfil its duties," said Merkel, adding that Greece had to "show great courage" in order to resorb its deficits and restore its "lost credibility". Thanks a lot! LOL, that´ll help a lot. Best thing they could do is paying nothing and letting EU die! Yep. Let`s hope that`s what`s gonna happen, although i really doubt it |
| Anonymous Coward User ID: 681829  United Kingdom03/01/2010 07:42 AM Report Abusive Post Report Copyright Violation | How much of this political rhetoric is just hot air to calm attempt to stop other nations thinking they can spend spend spend at other countries' expense? Seems to me that the back-channels will be busy with deal maiking while the news channels are full of the the jingoistic bollocks to keep that countries voters happy. Let's face it, evry country is in the sh1t thanks to all politicians giving away our money to the banksters. rant over. just my 2 $ worth. |
| Anonymous Coward User ID: 313077 United Kingdom03/01/2010 07:45 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 899505 United Kingdom03/01/2010 07:46 AM Report Abusive Post Report Copyright Violation | let them coin their own money. im sure they must have some precious metals in their ground. Provides jobs to dig it up and coin it, and creates money with intrinsic value at the same time... oh no but they must have rothschild euros, fake money created out of thin air. its that or nothing in the NWO. |
| Anonymous Coward User ID: 903948 United States03/01/2010 07:55 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 903950 United States03/01/2010 07:57 AM Report Abusive Post Report Copyright Violation | |
aVian  User ID: 805698 United States03/01/2010 08:01 AM Report Abusive Post Report Copyright Violation | the money makers still play their games get into precious metals soon "When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it." - Frédéric Bastiat food, water, ammo, weapons, battery back up solar, hand well pump, wood stove and 1 year of food...oh yeah PM's too...good luck |
| fuqua User ID: 632507  Netherlands03/01/2010 08:05 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 862727 United States03/01/2010 08:58 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 903996  Malaysia03/01/2010 09:05 AM Report Abusive Post Report Copyright Violation | Big European companies have been begging for a weaker Euro ... Do you really think that an economy like Greece that is only 2.5% of the total economic power of the EU is able to bring the whole lot down? Jesus, we here in the States are dealing with a couple of near bankrupt states too, and take CA, they are a huge % of our total economic might. Nothing but stirring the shit to get our $ more expensive and their EURO cheaper. |
| Anonymous Coward User ID: 466841 United States03/01/2010 09:05 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 466841 United States03/01/2010 09:09 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 660580 United States03/01/2010 09:13 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 899556  Finland03/01/2010 09:15 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 810898  Greece03/01/2010 09:20 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 903996 Malaysia03/01/2010 09:22 AM Report Abusive Post Report Copyright Violation | US TO THE RESCUE I'M SHURE Quoting: Anonymous Coward 899556What with? some more IOUs we can't cover? Our debt and outstanding financial obligations make Greece's problem seem like a joke. We're still around because China and Japan keep buying our treasury bonds. |
| Anonymous Coward User ID: 810898 Greece03/01/2010 09:31 AM Report Abusive Post Report Copyright Violation | US TO THE RESCUE I'M SHURE Quoting: Anonymous Coward 899556No, actually they cannot do that. It is not permitted since Greece is in the Eurozone. I believe there will be the a bankruptcy that might bring other things amongst civil unrest. There are a lot of illegal immigrants that survive and send money back to their countries because they work for private companies that do infrastructure works (like building roads etc) for the government, so when there will be no money, they might turn against Greece and Greek natives |
| Anonymous Coward User ID: 856028  Hong Kong03/01/2010 09:33 AM Report Abusive Post Report Copyright Violation | US TO THE RESCUE I'M SHURE Quoting: Anonymous Coward 903996What with? some more IOUs we can't cover? Our debt and outstanding financial obligations make Greece's problem seem like a joke. We're still around because China and Japan keep buying our treasury bonds. Are you sure? I thought the Fed were buying them. |
| Anonymous Coward User ID: 855814 United States03/01/2010 09:36 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 901651 Canada03/01/2010 09:38 AM Report Abusive Post Report Copyright Violation | If anybody actually believed her, stocks would be tanking right now. They're not. Quoting: Anonymous Coward 313077The FTSE is well off where it opened. UK has it's own problems and is next in line for a speculative attack (already happening, actually - polls showed the Tories were weaker than expected). The DAX is well up. |
| Anonymous Coward User ID: 810898 Greece03/01/2010 09:41 AM Report Abusive Post Report Copyright Violation | By the way, John Paulson of the Paulson Hedge Funds, one of the persons that orchestrated the attack on the Greek economy has put a bet of $4 bn that Greece will get bankrupt. Do you believe that anyone would like to disappoint such a bankster? |
| Anonymous Coward User ID: 829862  China03/01/2010 09:41 AM Report Abusive Post Report Copyright Violation | greece' economy is really nothing in comparison to funktioning states. It is a holiday economy where hardly anything is made or produced... except oliveoil maybe. Dont get your hopes up too high about a country like that destroying the EU or the euro. It is just like one of the states in the USA is on the verge of defaulting... Hey, isnt that exactly what is happening ??? But i think in the case of the USA it is way more than one state!! So you europe haters can bend over and take it up the ass when the dust settles and we continue to weaken the dollar. Cheers! |
