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


To: TobagoJack who wrote (90641)5/26/2012 9:15:49 PM
From: vegetarian1 Recommendation  Read Replies (1) | Respond to of 217862
 
Well Bernake made science out of bailouts, money printing, and goosing stock markets to keep economy and pension plans going so why not Greeks make engineering out of deriving happiness from other people's money, worked like a charm so far? :-) Works as long as it does, as Ben does not see anything to lose so do Greeks. When does it end, sometime in the future but no one can predict when and how. If glod and silver do not bottom here, has good 20% downside...



To: TobagoJack who wrote (90641)5/26/2012 9:24:31 PM
From: carranza25 Recommendations  Read Replies (1) | Respond to of 217862
 
The Greeks are not going to withdraw from the EU because the consequences are far worse than remaining in it. All Greeks, even the leftist firebrands, know and will respond to this fact in a predictable way. And they will never be expelled.

What the Greeks don't seem to get is that short term pain will pass if they exit. Exiting, though it means sacrifice, is their best option. Austerity of any kind, though it may well be curative, is not in the Greek vocabulary. Too many years of corruption, wastrelism, etc., have ruined their national character. Iceland of course is the correct model.

I think Greece may eventually be given some sort of special status in the EU. The endless crisis will continue. It will become boring until Spain reaches true crisis mode.



To: TobagoJack who wrote (90641)5/26/2012 10:03:43 PM
From: ggersh  Respond to of 217862
 
That's the spin,funny nothing about saving the banks.....

Outside of that, it sound like utopia in a bottle, no?



To: TobagoJack who wrote (90641)5/26/2012 10:36:40 PM
From: ggersh2 Recommendations  Respond to of 217862
 
Europe.......




Angela Merkel arrives at Passport Control, Paris airport.

"Nationality?" asks the immigration officer.

"German," she replies.

"Occupation?"

"No, just here for a few days."



To: TobagoJack who wrote (90641)5/27/2012 7:24:39 AM
From: elmatador  Respond to of 217862
 
No one knew how a Greek or Greece was, until they came to front pages. We knew Greece and Greeks from the history books pages and from tourism brochures plus billionaires shipping magnates Onassis and Niarchos.

Now we know them.



To: TobagoJack who wrote (90641)5/28/2012 3:32:53 PM
From: RJA_  Read Replies (1) | Respond to of 217862
 

Der Spiegel:

05/28/2012

Greek Leftist Leader Alexis Tsipras 'It's in Europe's Interest to Lift the Austerity Diktat'

Alexis Tsipras, head of the leftist Syriza party, wants an end to austerity in Greece. Ahead of Greek general elections in mid-June, he speaks with SPIEGEL about the dangers his country poses to the euro, the failure of economization measures thus far and why Chancellor Angela Merkel would be to blame if the Greek economy collapses.

A fair amount of magical thinking here:

spiegel.de