PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! | |
2012Portal 2012Portal - Mayan Beyond 2012 User ID: 566027 Netherlands 03/28/2013 06:17 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data). Quoting: Anonymous Coward 36545374 So the Cyprus bailout is in fact a back door Greece bailout. Sure Portugal can have more help, just don’t send it to Greece Sure 172BN is plain BS claim. Are you sure about that? Right, that cannot be even close to true. A billion or two, maybe (that would be SUSPECT enough). From the love of power to the power of Love - My camera and video gear: [link to graphicstart.com] --- --- --- "Jesus Christ, the Son of God our Savior" |
Anonymous Coward User ID: 36545374 United Kingdom 03/28/2013 06:17 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data). Quoting: Anonymous Coward 36545374 So the Cyprus bailout is in fact a back door Greece bailout. Sure Portugal can have more help, just don’t send it to Greece Sure 172BN is plain BS claim. Are you sure about that? Sorry, got it wrong by 1 billion Private sector deposits in Cyprus fell by 2.2% in February, to €46.4bn, according to data released by the European Central Bank. The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to €171bn. Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March). (Copy and paste from the Guardian UK news paper).. |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:17 AM Report Abusive Post Report Copyright Violation | |
2012Portal 2012Portal - Mayan Beyond 2012 User ID: 566027 Netherlands 03/28/2013 06:18 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Luis, is there a lot of Russian investments in PT? Quoting: 2012Portal This caught my eye too - More Russians buy vacation property abroad More and more Russians are buying vacation property abroad, but they may not be aware of all the risks. More and more Russians are buying vacation homes abroad. If five years ago only wealthy people could buy houses by the sea outside of the former Soviet space, today many middle-class Russians are seeing the appeal, even if it means going into debt. Many new buyers see property abroad as an investment. The financial crisis in the Eurozone has caused real estate prices in France, Spain, Portugal and Cyprus to drop, but investors believe that prices will eventually recover. full - [link to rbth.ru] I think may Russians might be second thinking their investments right about now... no i don't think so Thanks. Who is the largest or who are the largest foreign investors in Portugal? UAE, Saudi's? From the love of power to the power of Love - My camera and video gear: [link to graphicstart.com] --- --- --- "Jesus Christ, the Son of God our Savior" |
Anonymous Coward User ID: 23556561 United States 03/28/2013 06:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 37017409 Portugal 03/28/2013 06:21 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Luis, is there a lot of Russian investments in PT? Quoting: 2012Portal This caught my eye too - More Russians buy vacation property abroad More and more Russians are buying vacation property abroad, but they may not be aware of all the risks. More and more Russians are buying vacation homes abroad. If five years ago only wealthy people could buy houses by the sea outside of the former Soviet space, today many middle-class Russians are seeing the appeal, even if it means going into debt. Many new buyers see property abroad as an investment. The financial crisis in the Eurozone has caused real estate prices in France, Spain, Portugal and Cyprus to drop, but investors believe that prices will eventually recover. full - [link to rbth.ru] I think may Russians might be second thinking their investments right about now... no i don't think so Thanks. Who is the largest or who are the largest foreign investors in Portugal? UAE, Saudi's? germany, uk, angola, china, spain |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:21 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Luis, is there a lot of Russian investments in PT? Quoting: 2012Portal This caught my eye too - More Russians buy vacation property abroad More and more Russians are buying vacation property abroad, but they may not be aware of all the risks. More and more Russians are buying vacation homes abroad. If five years ago only wealthy people could buy houses by the sea outside of the former Soviet space, today many middle-class Russians are seeing the appeal, even if it means going into debt. Many new buyers see property abroad as an investment. The financial crisis in the Eurozone has caused real estate prices in France, Spain, Portugal and Cyprus to drop, but investors believe that prices will eventually recover. full - [link to rbth.ru] I think may Russians might be second thinking their investments right about now... no i don't think so Thanks. Who is the largest or who are the largest foreign investors in Portugal? UAE, Saudi's? Theres loads of East European money in the PIIGS. Workers of the World, Unite. You have nothing to lose but your chains! |
Anonymous Coward (OP) User ID: 37017409 Portugal 03/28/2013 06:22 AM Report Abusive Post Report Copyright Violation | |
recollector User ID: 26964049 United Kingdom 03/28/2013 06:22 AM Report Abusive Post Report Copyright Violation | |
insertfunnyusername User ID: 36542915 Greece 03/28/2013 06:23 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data). Quoting: Anonymous Coward 36545374 So the Cyprus bailout is in fact a back door Greece bailout. Sure Portugal can have more help, just don’t send it to Greece Sure 172BN is plain BS claim. Are you sure about that? Sorry, got it wrong by 1 billion Private sector deposits in Cyprus fell by 2.2% in February, to €46.4bn, according to data released by the European Central Bank. The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to €171bn. Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March). (Copy and paste from the Guardian UK news paper).. You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks. |
Anonymous Coward User ID: 26302253 United Kingdom 03/28/2013 06:24 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! About 1 in 4 total. More than 1 in 2 youth unemployment. About 56% :( That's just depressing, isn't it. By the way, you know all of that money that Norway lent us Euro countries? You don't, er, need it back, at all, do you? I envy you living in Norway. Beautiful country (and the steakhouse across the square from Oslo train station is great!). |
insertfunnyusername User ID: 36542915 Greece 03/28/2013 06:27 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data). Quoting: Anonymous Coward 36545374 So the Cyprus bailout is in fact a back door Greece bailout. Sure Portugal can have more help, just don’t send it to Greece Sure 172BN is plain BS claim. Are you sure about that? Right, that cannot be even close to true. A billion or two, maybe (that would be SUSPECT enough). The talk for savings confiscation was on for at least 2 months before it actually happened, smart ones got out, surprised that they trust the Greek banking system at it's current state though. Could be just Greek businesses having branches there. Last Edited by insertfunnyusername on 03/28/2013 06:28 AM |
An Ordinary Greek User ID: 36232885 Greece 03/28/2013 06:27 AM Report Abusive Post Report Copyright Violation | |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:27 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! In the last 8 weeks Cyprus transferred @ 172 billion to Greece (according to EZB Data). Quoting: Anonymous Coward 36545374 So the Cyprus bailout is in fact a back door Greece bailout. Sure Portugal can have more help, just don’t send it to Greece Sure 172BN is plain BS claim. Are you sure about that? Sorry, got it wrong by 1 billion Private sector deposits in Cyprus fell by 2.2% in February, to €46.4bn, according to data released by the European Central Bank. The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to €171bn. Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March). (Copy and paste from the Guardian UK news paper).. You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks. That money could just as easily be repatriated out of Greece so it means nothing. Workers of the World, Unite. You have nothing to lose but your chains! |
Anonymous Coward User ID: 36545374 United Kingdom 03/28/2013 06:28 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! That’s 2.2 % in February match the (2.2%) of January = (4.4%) Wonder what the March figure will look like? In the end it does not matter, as long as the money stays in the family that’s all that counts.. |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:28 AM Report Abusive Post Report Copyright Violation | |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:29 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:29 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 37017409 Portugal 03/28/2013 06:29 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 36969694 United States 03/28/2013 06:30 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Alright, so what are we talking about? Quoting: Anonymous Coward 15022013 How many billions do they need? Doesn't matter it will never be enough...as long as they continue to dole out more than they take in it's a continuous ongoing failure...sorta like Russ and his fucked up calendar. The problem is that the world's fractional reserve system always needs more currency to support the leverage (currency) that the expansion created before. The other main problem is that, it takes money from the working productive society and forces the people that operate this system (banks) to keep shoring up this leverage (leverage is their, the banks worth or value) without creating hyperinflation. How are they able to do that? The way they do this is that there is two ways to create money. One is productive and expansive that benefits and creates new wealth and a productive society (Fractional lending). The other is non-productive and contracts/shrinks the economy(direct printing of currencies). If the money was just printed up and dropped from helicopters on pallets it would work, for a while but, it would sacrifice the leveraged wealth, because money that is just printed and that bypasses the fraction lending scheme cannot be specifically steered or directed to the balance sheets of the financial institutions, to create the illusion of solvency. I am not getting out the Pom Pom's for fractional lending system but, if it was allowed to work we would not be in this situation. There is too much debt and the world's financial institutions must take a "Haircut" to even make a dent in returning us to some type of productive economy. Problem is that a haircut of "just one" financial institution will effect 50 other financial institutions balance sheets (because the leverage was fractionalized) removing the illusion of solvency. |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:32 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Get that we are done with money. The EU is done for. And whoever support this will go down :D Quoting: Anonymous Coward 36836032 I'm not sure. The Euro working class are gonna get screwed but I reckon it will continue in a much reduced form...minimal government services and things. Workers of the World, Unite. You have nothing to lose but your chains! |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:35 AM Report Abusive Post Report Copyright Violation | |
An Ordinary Greek User ID: 36232885 Greece 03/28/2013 06:35 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 26302253 United Kingdom 03/28/2013 06:35 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Sorry, got it wrong by 1 billion Private sector deposits in Cyprus fell by 2.2% in February, to €46.4bn, according to data released by the European Central Bank. The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to €171bn. Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March). (Copy and paste from the Guardian UK news paper).. You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks. That money could just as easily be repatriated out of Greece so it means nothing. Greece will probably need some of that to pay off LTRO. Makes a change from Bernanke pumping EU banks in the US then the money getting channelled through to pay off LTRO across Europe and make everything look rosy. Yup, you read that right - the Fed has been indirectly bailing out Europe and now US taxpayers have to pay it back. How is that even fair? |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:36 AM Report Abusive Post Report Copyright Violation | |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:37 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! Alright, so what are we talking about? Quoting: Anonymous Coward 15022013 How many billions do they need? Doesn't matter it will never be enough...as long as they continue to dole out more than they take in it's a continuous ongoing failure...sorta like Russ and his fucked up calendar. The problem is that the world's fractional reserve system always needs more currency to support the leverage (currency) that the expansion created before. The other main problem is that, it takes money from the working productive society and forces the people that operate this system (banks) to keep shoring up this leverage (leverage is their, the banks worth or value) without creating hyperinflation. How are they able to do that? The way they do this is that there is two ways to create money. One is productive and expansive that benefits and creates new wealth and a productive society (Fractional lending). The other is non-productive and contracts/shrinks the economy(direct printing of currencies). If the money was just printed up and dropped from helicopters on pallets it would work, for a while but, it would sacrifice the leveraged wealth, because money that is just printed and that bypasses the fraction lending scheme cannot be specifically steered or directed to the balance sheets of the financial institutions, to create the illusion of solvency. I am not getting out the Pom Pom's for fractional lending system but, if it was allowed to work we would not be in this situation. There is too much debt and the world's financial institutions must take a "Haircut" to even make a dent in returning us to some type of productive economy. Problem is that a haircut of "just one" financial institution will effect 50 other financial institutions balance sheets (because the leverage was fractionalized) removing the illusion of solvency. You sort of have it right there: The productive layer is the accumulation of labour surplus. In other words, its the energy that workers expend that adds value which the system then monetises. The fractionalising of that value (as well as securitising it in equity) magnifies this layer. That initial layer has been largely transferred, by Western capitalists to Asia where billions now provide that capacity. The second layer still resides in the West. In other words, the elite have the capacity to minimise EU government and drive the workers into destitution (whilst ensuring that their status as consumers is preserved.) Workers of the World, Unite. You have nothing to lose but your chains! |
Anonymous Coward User ID: 36836032 Norway 03/28/2013 06:38 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! ... Quoting: Anonymous Coward 36545374 Sorry, got it wrong by 1 billion Private sector deposits in Cyprus fell by 2.2% in February, to €46.4bn, according to data released by the European Central Bank. The drop in savings levels, which matches a fall in January, came as deposits in Greece rose by 2.2%, to €171bn. Such monthly figures are volatile, but they do suggest that some Cypriot depositors were canny enough to shift their savings abroad before the bailout was agreed (on 16 March). (Copy and paste from the Guardian UK news paper).. You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks. That money could just as easily be repatriated out of Greece so it means nothing. Greece will probably need some of that to pay off LTRO. Makes a change from Bernanke pumping EU banks in the US then the money getting channelled through to pay off LTRO across Europe and make everything look rosy. Yup, you read that right - the Fed has been indirectly bailing out Europe and now US taxpayers have to pay it back. How is that even fair? We are in a war with the banksters... plz behave like a fking adult. The fed are not paying them out. NORWAY IS.and always has.... UNTIL THIS BS. KILLKILLKILL THE AMERICANOS. |
Marxist User ID: 8296504 New Zealand 03/28/2013 06:41 AM Report Abusive Post Report Copyright Violation | Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!! ... Quoting: insertfunnyusername You're not good with numbers are you? 2.2% of 170BN can't be more than 3-4BN. Doesn't mean that 171 billion were transferred in 8 weeks. That money could just as easily be repatriated out of Greece so it means nothing. Greece will probably need some of that to pay off LTRO. Makes a change from Bernanke pumping EU banks in the US then the money getting channelled through to pay off LTRO across Europe and make everything look rosy. Yup, you read that right - the Fed has been indirectly bailing out Europe and now US taxpayers have to pay it back. How is that even fair? We are in a war with the banksters... plz behave like a fking adult. The fed are not paying them out. NORWAY IS.and always has.... UNTIL THIS BS. KILLKILLKILL THE AMERICANOS. Its Chinese slave labour that is carrying the West anyways. Workers of the World, Unite. You have nothing to lose but your chains! |