GREEK 1 YEAR NOTE.....479%

We all said that when it hit 100% in September. How is this still going on?!?!

Yikes!!!

dow jones has been trading at an artificial number

rumours are swirling the fed and bankers just print money now

they dont need to rely on economies anymore, mass

industrialization has elimenated the housing economy and

virtually anything productive in the form of employemnt,

large population centres worldwide are about to collapse

under the wieght of unemployment

DAMN!!!! How far can they just keep kicking that can down the road?

its all rigged

Well, sure it is, but at some point, you just have to throw your hands up and say, "Fuck it!" They're paying almost a point and a half a day in interest now.

No time like the present, Greece. It'll feel so good. Say it with me, now:

"Fuck. It."

WTF compare that to Germany's .11%

default

hw ill this Affect me here in Michigan?

How Will This Affect me here in Michigan?

what the hell are they thinking?

Right now.. It won't.

If Greece falls, we could likely see a domino effect that will have an impact on you and everyone else.

The global economy is tied in to itself almost completely. Unless you're in a tribal economy in the middle of Africa, you're tied to it almost entirely.

Greece could take down the euro, which would diminish their ability to buy goods and services, that will affect the sales in Asia and America.

When Asia and Americas sales go down, so does every other one.

Just watch Madonna at the Superbowl and see what happens on Monday.

Why?

they are really really trying to kick the can down the road with the domino effect.

wonder why

not enough seeds in the vault?
not enough underground bunker food yet?

didn't get all those lotto tickets for respite to bunkers out yet?

waiting for a war with Iran to happen, make a few more trillion dollars on that THEN let it all collapse?

they are really propping up and duct taping this thing called the world economy.

What else can you do?

This is unchartered territory. Nobody knows what will happen.

She will put on a good show.

probably because they still think they could continue to fool the troika by continuing to play their games thus getting more bailout money...

The central banks will just print money and give it away. Im pretty sure, that nothing will happen.

Someones getting good cash out of this whole shit... thats why it s still going on... oh i so wish i could get my hands on these fuckers who orchestrate all this...

Fellow MI'er, depending how embedded any investment American banks have in Greece/Eruozone, etc., it will ultimately affect the value of the dollar. This maybe a non issue if the dollar is removed as the reserve currency, then it's all over. The original TARP money went to Europe (2008, Paulson on his knees to Pelosi requesting 700b, pretty please request)due to the investment Euro banks had in our mortgage debt, derivatives, CDO's, etc. Remember when Glass Steagall was unleashed (thanks Bill C.) there were limited regulations on how money could be duplicated. 1 for 7 eventually turned to 1 for 40 all over the world, but most foolishly in Europe. It's the trickle factor to waterfall effect. It's started there's no stopping it.

Can I buy a greek island for $300?

Only if the ISDA says so.

Every country should just repudiate their debt and damn the banksters. This is just global corruption designed to transfer ALL the wealth and control over to a small coterie of people - an elite, an aristocracy - that neither needs nor respects us. They are trying to consolidate the power of their class. If we are going to survive, we must repudiate the debt. Not even "default". Just REFUSE TO PAY IT. Much of the "debt" nations are in is actually just usorious "interest" the banksters have piled on, just as it would be for a loan shark.

Let's just give them money for free. They are Too Small To Fail!

^^^THIS^^^

And you thought payday loans were high interest.... dang man, that's harsh interest.

QFT... also they re using the same method to divide us further, by blaming scapegoats... the dumb sheep gobble it up (aka "those damn greeks/ insert nation here" who are responsible for our downfall and misery)... while it s THEM who create all this mess

SWEET, Im going ALL IN BABY!!!!