Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 675.24

-1.2%

Nov 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Pitera who wrote (109609)	8/13/2018 3:22:51 AM
From: Robohogs	Read Replies (2) of 218414

Bit of a mountain out of a molehill if you ask me. Turkey on paper looks much better than Greece. Similar PPP per capita. Low taxes. Low govt burden. Low debt. Low budget deficit. Low trade deficit (One of few countries where US is in surplus lol). External debt is less than Greece. No common currency. Not in full EU (was on schedule to try but now halted due to human rights stuff - had to look up lol) so much less risk of contagion. Issue with Greece was the banks. Greece and EU. Capital charges were non-existent (article on this topic linked btw over on cfz thread but for US now - I commented on it as separate message). But still only BB credit. And problematically, local banks do own nearly half of soverign debt. The key though is fewer areas of linkage to EU. Jon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next