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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (75078)6/10/2011 2:58:13 PM
From: philv1 Recommendation  Read Replies (1) | Respond to of 217711
 
The Argentina route is a shortcut to a balanced budget because no one will finance their ongoing deficit. If Greeks are complaining about the cutbacks now, they ain't seen nothing yet if they default.

Who knows what it would do to the Euro and the entire world Ponzi banking system.



To: KyrosL who wrote (75078)6/10/2011 8:17:55 PM
From: TobagoJack  Respond to of 217711
 
<<50-50 chance Greece will choose the Argentina route, not necessarily via democratic means>>

... i believe those are the odds, and you are being polite.
we shall learn much from the journey to perdition.
the argentine solution first, if by de-euro of currency, would lead to the zimbabwe resolution.

otoh, should the entirety of euro community do the zimbabwe solution first, the travelers would end up at the ... argentine outcome.

from up front and personal at the ground level and epicenter, the argentine and zimbabwe points of destination should look very much alike.

the main issue affecting all nations to varying degrees is debt vs income vs savings.

here in hk we have a different problem, that of street protests and political debate, about ... thenational.ae

there is just "no-win" with electorates, so they might as well be punished and be given what they voted for ;0)



To: KyrosL who wrote (75078)6/21/2011 4:36:58 AM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 217711
 
Choose Brazil route. Privatized: Banks, Telecoms, electricity distribution, mining, and de-monopolized Petrobras.