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Greek Vote Today
Posted: Sun Jul 05, 2015 4:36 am
by Ivytalk
So how will the Greeks vote on the bailout referendum?
Yes, to accept more austerity measures and stay in the Eurozone (as 75%of Greeks supposedly want)?
Or no, to reject the deal as the lefty PM Tspiras advocates, thumb their noses at their creditors, and return to the heady days of the drachma?
Discuss.
And by the way, how do you separate the men from the boys in Greece?
Re: Greek Vote Today
Posted: Sun Jul 05, 2015 5:50 am
by CID1990
At the end of the day, if you are fiscally irresponsible - other people will ultimately make your choices for you
both options amount to kicking the can down the road
Re: Greek Vote Today
Posted: Sun Jul 05, 2015 7:00 am
by CAA Flagship
CID1990 wrote:At the end of the day, if you are fiscally irresponsible - other people will ultimately make your choices for you
both options amount to kicking the can down the road

Re: Greek Vote Today
Posted: Sun Jul 05, 2015 7:20 am
by houndawg
Why do we care what Greece does?

Re: Greek Vote Today
Posted: Sun Jul 05, 2015 8:12 am
by 93henfan
Cheap Mediterranean island vacations and hungry women who give up the two hole? Go on.

Re: Greek Vote Today
Posted: Sun Jul 05, 2015 9:05 am
by CAA Flagship
Re: Greek Vote Today
Posted: Sun Jul 05, 2015 9:22 am
by houndawg
93henfan wrote:Cheap Mediterranean island vacations and hungry women who give up the two hole? Go on.

If they default the vacations will be even cheaper! And two hole will go for pennies!
Greece Rejects Referendum
Posted: Sun Jul 05, 2015 3:35 pm
by travelinman67
Re: Greek Vote Today
Posted: Sun Jul 05, 2015 5:28 pm
by BDKJMU
How do the Markets react tomorrow?
Re: Greek Vote Today
Posted: Sun Jul 05, 2015 5:56 pm
by BDKJMU
EU looks like a shit sandwich now..
https://ca.news.yahoo.com/quartet-crise ... iness.html" onclick="window.open(this.href);return false;
Re: Greek Vote Today
Posted: Sun Jul 05, 2015 5:58 pm
by 93henfan
BDKJMU wrote:How do the Markets react tomorrow?
The market is overheated already, so this won't help. Maybe drop a couple of percent this week?
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 12:19 am
by travelinman67
EU driven shakeup drives oil down, China orders brokers to hold up market values fearing sell off...
http://www.cnbc.com/id/102810486
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 12:44 am
by CID1990
Buddy in Athens says the ATMs have no money, banks are closed, and some supermarkets are running low on food
This is what happens when your debt reaches a certain level against your GDP
And to answer a certain person who would be a globalist in an anti-globalist thread who asks why we should care what happens in Greece-
When major trading partners allow low GDP countries with pie in the sky social spending programs to hitch their wagons it affects us all - the resulting damage to the EU will affect the value of your own nest egg here
The moral of this story is you don't form economic blocs with people who are not like you and you certainly don't tie your currency and credit rating to them - it would be like me sharing my AMEX with a bum down at the homeless shelter
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 4:37 am
by houndawg
CID1990 wrote:Buddy in Athens says the ATMs have no money, banks are closed, and some supermarkets are running low on food
This is what happens when your debt reaches a certain level against your GDP
And to answer a certain person who would be a globalist in an anti-globalist thread who asks why we should care what happens in Greece-
When major trading partners allow low GDP countries with pie in the sky social spending programs to hitch their wagons it affects us all - the resulting damage to the EU will affect the value of your own nest egg here
The moral of this story is you don't form economic blocs with people who are not like you and you certainly don't tie your currency and credit rating to them - it would be like me sharing my AMEX with a bum down at the homeless shelter
You love me, you just don't realize it yet.
While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Re: Greek Vote Today
Posted: Mon Jul 06, 2015 4:42 am
by CID1990
houndawg wrote:CID1990 wrote:Buddy in Athens says the ATMs have no money, banks are closed, and some supermarkets are running low on food
This is what happens when your debt reaches a certain level against your GDP
And to answer a certain person who would be a globalist in an anti-globalist thread who asks why we should care what happens in Greece-
When major trading partners allow low GDP countries with pie in the sky social spending programs to hitch their wagons it affects us all - the resulting damage to the EU will affect the value of your own nest egg here
The moral of this story is you don't form economic blocs with people who are not like you and you certainly don't tie your currency and credit rating to them - it would be like me sharing my AMEX with a bum down at the homeless shelter
You love me, you just don't realize it yet.
While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Well then the better question should have been "Why should
I care about Greece?"
The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 4:51 am
by houndawg
CID1990 wrote:houndawg wrote:
You love me, you just don't realize it yet.
While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Well then the better question should have been "Why should
I care about Greece?"
The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.
Yeah.
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 6:28 am
by CAA Flagship
Let Greece turn into Haiti.
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 6:58 am
by 93henfan
CAA Flagship wrote:Let Greece turn into Haiti.
Thailand, not Haiti.

Re: Greek Vote Today
Posted: Mon Jul 06, 2015 1:16 pm
by houndawg
CID1990 wrote:houndawg wrote:
You love me, you just don't realize it yet.
While your concern about my "nest egg" is touching, it is not necessary. The electronic part disappeared back '08 and the rest is mostly unencumbered land. The worse things get the better I'll do. So you and your guvmint buddies just keep on fvcking up like usual.

Well then the better question should have been "Why should
I care about Greece?"
The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country
rubes who don't understand global economies.
You mean the one where Wall Street and international banks crash economies, buy the casualties for pennies on the dollar, make billions on the side betting against the sham "mortgage-backed securities" they peddle to pensions and governments, (globally of course, with the help of crooked politicians like Tony Blair), demand and receives a bailout from the people whose lives they just ruined, and then downgrade a country's bonds when the economic time bombs they sold go off? The one where they then bump a nation's bond yield to 50% and demand that all government functions generating revenue be "privatized", further lowering revenues and creating an ever growing ocean of debt that only be reduced by eliminating all social programs and laying off public workers, but not cutting military spending or raising taxes on the oligarchs? That one? You're right, I don't get it. All I get for me is cheap tennis shoes.

Re: Greek Vote Today
Posted: Mon Jul 06, 2015 1:47 pm
by Chizzang
houndawg wrote:CID1990 wrote:
Well then the better question should have been "Why should I care about Greece?"
The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.
You mean the one where Wall Street and international banks crash economies, buy the casualties for pennies on the dollar, make billions on the side betting against the sham "mortgage-backed securities" they peddle to pensions and governments, (globally of course, with the help of crooked politicians like Tony Blair), demand and receives a bailout from the people whose lives they just ruined, and then downgrade a country's bonds when the economic time bombs they sold go off? The one where they then bump a nation's bond yield to 50% and demand that all government functions generating revenue be "privatized", further lowering revenues and creating an ever growing ocean of debt that only be reduced by eliminating all social programs and laying off public workers, but not cutting military spending or raising taxes on the oligarchs? That one? You're right, I don't get it. All I get for me is cheap tennis shoes.

Mr. Houndawg...
Are you suggesting that the game is rigged ???
How dare you!

Re: Greek Vote Today
Posted: Mon Jul 06, 2015 1:52 pm
by dbackjon
Germany should finally repay reparations owed Greece from WWII
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 1:55 pm
by kalm
houndawg wrote:CID1990 wrote:
Well then the better question should have been "Why should I care about Greece?"
The only "guvmint employees" fvcking things up are the ones that are elected. Usually by flyover country rubes who don't understand global economies.
You mean the one where Wall Street and international banks crash economies, buy the casualties for pennies on the dollar, make billions on the side betting against the sham "mortgage-backed securities" they peddle to pensions and governments, (globally of course, with the help of crooked politicians like Tony Blair), demand and receives a bailout from the people whose lives they just ruined, and then downgrade a country's bonds when the economic time bombs they sold go off? The one where they then bump a nation's bond yield to 50% and demand that all government functions generating revenue be "privatized", further lowering revenues and creating an ever growing ocean of debt that only be reduced by eliminating all social programs and laying off public workers, but not cutting military spending or raising taxes on the oligarchs? That one? You're right, I don't get it. All I get for me is cheap tennis shoes.


Re: Greek Vote Today
Posted: Mon Jul 06, 2015 2:25 pm
by Ibanez
dbackjon wrote:Germany should finally repay reparations owed Greece from WWII
So should Italy and Bulgaria.
But they won't. The Germans paid in the 1960s according to the treaties. There's back and forth stemming from a treaty signed in the early 90s, but Germany isn't going to pay one cent.
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 2:27 pm
by dbackjon
Ibanez wrote:dbackjon wrote:Germany should finally repay reparations owed Greece from WWII
So should Italy and Bulgaria.
But they won't.
So they are hypocrites, amirite?
Re: Greek Vote Today
Posted: Mon Jul 06, 2015 2:36 pm
by Ibanez
dbackjon wrote:Ibanez wrote:
So should Italy and Bulgaria.
But they won't.
So they are hypocrites, amirite?
Not Really. The treaty in 1990 which reunified Germany didn't include WW2 debt/reparations. So, legally, they aren't required pay anything.
Reparations wouldn't make a dent in their debt. Greece should be given the same help Germany was given. Put payments off for 15-20 yrs until they've rebounded. Restructure/renegotiate the debt.