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Just In!!! S&P Says Greek Default is Imminent!!!

 
Valtor

User ID: 1362544
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01/16/2012 02:09 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Very wise Valtor. Now would you be so good as to share with us your insight of how this could be very good, other than insinuating your all knowing wisdom.
 Quoting: Anonymous Coward 8888375

No disrespect, but what kind of fairy dust have you been snorting? You're suggesting that somehow, miraculously, chicken shit will be turned into chicken salad?

Nick®
 Quoting: Nickadeemus

The current system has to fail thoroughly so that none can deny the insanity of it. Then people will be opened to trying more appropriate ways of making it all work. Here is an example (just an example): [link to www.theresourcebasedeconomy.com]
 Quoting: Valtor


I sincerely hope so.....
 Quoting: Anonymous Coward 8888375

Good, that's how the new age starts, with hope!
We are ONE
Thread: Understanding negativity with The Law of One.

The Law of One Study Guide v2 (copyright-free)
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Luisport

User ID: 8937331
Portugal
01/16/2012 02:11 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
DELTA LLOYD CEO CALLS FOR `REALISTIC' RATES ON GOVERNMENT BONDS. got a problem with 0.94% on Japan 10 years?

há 2 minutos
zerohedge
DRAGHI SAYS DEPOSIT INCREASE IS NOT SIGN LOAN IS NOT WORKING. See: correlation is not causation of idiocy

há 3 minutos zerohedge
Draghi Says ECB Satisfied With Effect of 3-Year Loans: Of course it is - it is collecting 75 bps on €210 billion.

há 54 segundos [link to twitter.com] THE PARTY TODAY IS JUST GREAT!!! chorus
Anonymous Coward
User ID: 8954101
Portugal
01/16/2012 02:13 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Your kidding right? Moral integrity. It isn't the unwashed masses in the various countries involved who get to make the decisions, it will be the sorry ass politicians that make the decisions and hence, moral integrity is NOT part of the equation.
 Quoting: Road Apples

There are politicians with moral integrity, even you find that hard to believe
Luisport

User ID: 8937331
Portugal
01/16/2012 02:14 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Your kidding right? Moral integrity. It isn't the unwashed masses in the various countries involved who get to make the decisions, it will be the sorry ass politicians that make the decisions and hence, moral integrity is NOT part of the equation.
 Quoting: Road Apples

There are politicians with moral integrity, even you find that hard to believe
 Quoting: Anonymous Coward 8954101


hillary
Anonymous Coward
User ID: 214464
United States
01/16/2012 02:15 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Luisport

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01/16/2012 02:16 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
DRAGHI: ECB TO DO WHAT'S NEEDED TO SAFEGUARD FIN STABILITY

há 8 segundos They are worried with Finland now???
Nickadeemus (OP)

User ID: 8920957
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01/16/2012 02:16 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!

 Quoting: Anonymous Coward 214464


I love this clip!!! Thanks! It's from Waterworld right?

Nick®
Pure Life; Get it on...
Luisport

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01/16/2012 02:17 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
DRAGHI: ECB TO DO WHAT'S NEEDED TO SAFEGUARD FIN STABILITY

há 8 segundos They are worried with Finland now???
 Quoting: Luisport


[link to twitter.com]
Nickadeemus (OP)

User ID: 8920957
United States
01/16/2012 02:18 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
DRAGHI: ECB TO DO WHAT'S NEEDED TO SAFEGUARD FIN STABILITY

há 8 segundos They are worried with Finland now???
 Quoting: Luisport


[link to twitter.com]
 Quoting: Luisport


Yeah. I wonder what he means exactly? They can't print. Germany just told them that wasn't happening. Are these people flat out of their minds?

Nick®
Pure Life; Get it on...
Revbo™
Pook Snabber

User ID: 8961736
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01/16/2012 02:19 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
Just Say Nein - Bundesbank On European QE: "Abandon The Idea Once And For All" [link to twitter.com]

há 2 minutos Well he want to say: ABANDON THIS SHIP!!! alone
 Quoting: Luisport



It's going DOWN like a Philly Connection Cheesesteak at a homeless shelter.

Nick®
:nickrof:
 Quoting: Nickadeemus


You still have Philly Connection?! I miss those guys. Can't get a decent philly anywhere in this town anymore.
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Luisport

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Portugal
01/16/2012 02:20 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
DRAGHI: EFSF DOWNGRADE HAS CONSEQUENCE. But, but, everyone else said....

há 2 minutos
zerohedge
DRAGHI SAYS ECB'S PRIMARY REMIT IS PRICE STABILITY. Does "remit" mean "failure" in some dictionary?

há 2 minutos [link to twitter.com]
Janie SmithModerator
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01/16/2012 02:21 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
J. Smith .......LOVE your cat in a sock, hung out to dry ! AND, you answers to the Greek default question. I agree, that the USA will NOT be far behind, as there are so many Credit Default Swaps out there that can NOT be paid off, it will a ' financial tsunami '.

As for the Canadian thinking everyone will rush into ANOTHER FIAT currency, backed by NOTHING, I think that pipe dream will turn into a nightmare !

However, gold and ESPECIALLY silver will skyrocket, as Crimex and the rest default as well. There is NOT enough silver out there to supply the demand for the"Poor mans" metal, of the WHOLE WORLD !

Think about it .

Nice observations, Janie Smith ! hf

Eagle
 Quoting: Eagle # 1 8886440


Thank you, Good Sir!

Katana With Rose

Last Edited by Lady Jane Smith on 01/16/2012 02:21 PM
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus (OP)

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01/16/2012 02:22 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
Just Say Nein - Bundesbank On European QE: "Abandon The Idea Once And For All" [link to twitter.com]

há 2 minutos Well he want to say: ABANDON THIS SHIP!!! alone
 Quoting: Luisport



It's going DOWN like a Philly Connection Cheesesteak at a homeless shelter.

Nick®
:nickrof:
 Quoting: Nickadeemus


You still have Philly Connection?! I miss those guys. Can't get a decent philly anywhere in this town anymore.
 Quoting: Revbo™



Come see me dog. Got one within a half a block. I'll buy.

Nick®
hf
Pure Life; Get it on...
Deadstar

User ID: 1433694
Netherlands
01/16/2012 02:22 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
Luisport

User ID: 8937331
Portugal
01/16/2012 02:22 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
zerohedge
DRAGHI: ECB TO DO WHAT'S NEEDED TO SAFEGUARD FIN STABILITY

há 8 segundos They are worried with Finland now???
 Quoting: Luisport


[link to twitter.com]
 Quoting: Luisport


Yeah. I wonder what he means exactly? They can't print. Germany just told them that wasn't happening. Are these people flat out of their minds?

Nick®
 Quoting: Nickadeemus


These Draghi press conferences are just so funny... no one tell's him that he have a great carreer making standup commedy?
Limpan

User ID: 1474973
Sweden
01/16/2012 02:24 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
 Quoting: Deadstar


bonghit
Nickadeemus (OP)

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01/16/2012 02:24 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
 Quoting: Deadstar



Oh he finally got the FUCKING memo?

chuckle

Nick®
Pure Life; Get it on...
Anonymous Coward
User ID: 214464
United States
01/16/2012 02:25 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!

 Quoting: Anonymous Coward 214464


I love this clip!!! Thanks! It's from Waterworld right?

Nick®
 Quoting: Nickadeemus


Fitting?

I guess time will tell
Luisport

User ID: 8937331
Portugal
01/16/2012 02:25 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
 Quoting: Deadstar



Oh he finally got the FUCKING memo?

chuckle

Nick®
 Quoting: Nickadeemus


beat_shot
Nickadeemus (OP)

User ID: 8920957
United States
01/16/2012 02:27 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!

 Quoting: Anonymous Coward 214464


I love this clip!!! Thanks! It's from Waterworld right?

Nick®
 Quoting: Nickadeemus


Fitting?

I guess time will tell
 Quoting: Anonymous Coward 214464



Extremely fitting. Especially for an old rat like me who's just about tired of it all.

Nick®
hf
Pure Life; Get it on...
Nickadeemus (OP)

User ID: 8920957
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01/16/2012 02:29 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
 Quoting: Deadstar



Oh he finally got the FUCKING memo?

chuckle

Nick®
 Quoting: Nickadeemus


beat_shot
 Quoting: Luisport


chuckle

Nick®
Pure Life; Get it on...
Revbo™
Pook Snabber

User ID: 8961736
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01/16/2012 02:30 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
 Quoting: Deadstar



Oh he finally got the FUCKING memo?

chuckle

Nick®
 Quoting: Nickadeemus


"Honey, we're upside down on the house, we owe $200K on credit cards, the new car broke down yesterday, and your child support is 8 months past due."

"I guess it's about time to face it, huh?"

"What the hell are we going to do?"

" 1dunno1 "
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Janie SmithModerator
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User ID: 6718122
United States
01/16/2012 02:30 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just woke up from a nap guys & trying to get caught up. What a wild freakin' day!

No wiseguys on the napping, got a sick child & Mommy is a bit wiped.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus (OP)

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United States
01/16/2012 02:32 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just in ECB president Draghi says the situation is very critical and we have to face it!
 Quoting: Deadstar



Oh he finally got the FUCKING memo?

chuckle

Nick®
 Quoting: Nickadeemus


"Honey, we're upside down on the house, we owe $200K on credit cards, the new car broke down yesterday, and your child support is 8 months past due."

"I guess it's about time to face it, huh?"

"What the hell are we going to do?"

" 1dunno1 "
 Quoting: Revbo™



laughing

LMFAO!!!!

Nick®
Pure Life; Get it on...
Janie SmithModerator
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User ID: 6718122
United States
01/16/2012 02:33 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Allow me to repost the keyword in the previous post:

LONDON

Let's call it what it is: a US+UK vs EU WAR
 Quoting: Anonymous Coward 8954101


Are you talking about a financial battle over dominant currencies or bombs away?

Bombs away very unlikely. Internal civil strife, very likely.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Nickadeemus (OP)

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United States
01/16/2012 02:35 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Just woke up from a nap guys & trying to get caught up. What a wild freakin' day!

No wiseguys on the napping, got a sick child & Mommy is a bit wiped.
 Quoting: Janie Smith



Welcome back Jane. I'm envious. I don't think you'll be getting any crap for napping. At least not from me. It's been crazy. Did you see where the EFSF got downgraded? It's really been busy killer. Great to have you back.

:Jane:
Nick¨®
Pure Life; Get it on...
Janie SmithModerator
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United States
01/16/2012 02:35 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Can anyone explain to me what exactly happens to a country that defaults on it's debt ?

What are the immediate implications for it's citizens ?
 Quoting: subzero86


The country will have no ability to borrow. All services provided by the govt, including pensions are likely to cease. This has a strong possibility of leading to greatler civil unrest.

Basically, Greece will become 2nd world until they can get reorganized & their finances under control.
 Quoting: Janie Smith


So you're saying that every service provided by the government will cease ?

How will old people survive without their pensions ? What will people do without any unemployment benefits ?

How will Greece pay for it's imports, will they be forced to make due with what they can produce locally ?

If all of this is true, there would be anarchy and chaos in Greece !
 Quoting: subzero86

Instead, something incredibly good and unexpected will come out of this.
 Quoting: Valtor


Praying the new ager folks are right about this. Even so, the change will not come without pain, fear & confusion.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Janie SmithModerator
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01/16/2012 02:38 PM

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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Perhaps he means after the collapse and the herd has been thinned it will all be better.
 Quoting: smokahontas


We just have to survive the first few months of the stampedeing useless eater herd, raider herd & wack job herds while they are thinning out. Hopefully, they do not take too many of us with them -- those of us who do want a better worl where everyone does their share & nobody is enslaved due to the slothful or immoral behavior of others.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
QuinEtiam

User ID: 1530137
Canada
01/16/2012 02:38 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
More Doom failure. False alarm, back to bed.
It only hurts for a minute
Nickadeemus (OP)

User ID: 8920957
United States
01/16/2012 02:41 PM
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Re: Just In!!! S&P Says Greek Default is Imminent!!!
Perhaps he means after the collapse and the herd has been thinned it will all be better.
 Quoting: smokahontas


We just have to survive the first few months of the stampedeing useless eater herd, raider herd & wack job herds while they are thinning out. Hopefully, they do not take too many of us with them -- those of us who do want a better worl where everyone does their share & nobody is enslaved due to the slothful or immoral behavior of others.
 Quoting: Janie Smith



Here Here!!!

Nick®
Pure Life; Get it on...

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