Silicon Investor (SI) -- The First Internet Community

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (66012)	9/12/2010 5:37:53 PM
From: elmatador	Read Replies (2) \| Respond to of 217759

A friend here said: what you see in the press about Greece is happening in all European countries. (it was a week ago, not after I read the article) It is mostly visible in Greece so to give the impression that is a localized problem. Fact is that all countries in Europe are in the same situation. Seeing my look of disbelief on my face he continued: Europe is bankrupt. They are ashamed to come out and say it. To avoid losing their face, they raided the pension funds and spent all money they had in the coffers. One day it will come out that they are all in the same situation as Greece. There is no money. Where do you expect the money to come from? They have non resources: oil, gas, agriculture, steel, mining, forestry... Tell me, he went, from what they are making money to support those economies?