Pab
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June 04, 2015, 08:11:26 PM |
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Greece can print billions or trillions drachmas to pay the debt. Its very easy. They dont need euro or dollar.
Sure,much betterfoor them is back to drachma,thay will have painful two years than his economy will stabilise but Tsipras is not for that and it could be huge problem for German banks,his pyramids may fail All that is very much depend on Merkel,Germany is EU hegemon only UK hassomething to say,France is just Germany waiter
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Erdogan
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June 04, 2015, 08:12:42 PM |
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From all of the fiat scams, the Euro is in fact the "cleanest dirty shirt" in the pile. Eventually the world will figure this out. But winning at retard olympics is not an accomplishment.
It was, but with Draghi, no more. He stole all the euros!
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Pab
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June 04, 2015, 08:15:41 PM |
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What we don't know, and can't know, is the inside story.
We don't know how well prepared are the Greeks for an exit. We don't know if they are negotiating with the Russians and Chinese.
It's too early to judge what took place at this point. Maybe the Greek people got screwed over again, and maybe not.
Thay were negotiating with Russians,but Russia has empty pockets .Point is than Greeks are not prepared to anything,thay dont have any plan,for Syriza is good how it is now Do you think thay will pay 300mln to IMF tomorrow,if not IMF will has nice surprice and taff weekend
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Pab
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June 04, 2015, 08:59:17 PM |
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Last news andanswer on my own question Greece moves closer to eurozone exit after delaying €300m repayment to IMF http://www.theguardian.com/business/2015/jun/04/greece-delays-300m-payment-to-imfLooks like german dax will have strong opening tomorrow and Legarde and Merkel will have weekend fuck up Syriza is stronger than thay thought Bravo Greece
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Febo
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June 04, 2015, 11:14:33 PM |
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From all of the fiat scams, the Euro is in fact the "cleanest dirty shirt" in the pile. Eventually the world will figure this out. But winning at retard olympics is not an accomplishment.
It was, but with Draghi, no more. He stole all the euros! I have few here. So i am positive he did not stole all. Wonder how much prison he will get. If in USA you get life time prison sentence if you dont pay taxes, then in Europe someone who stole almost all Euros, should get at least few years of prison.
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yayayo
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June 04, 2015, 11:40:55 PM |
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For the eurozone it would be highly desirable that they leave rather sooner than later. But I doubt they will let this happen. Rather they'll throw more billions down the drain. I think we will see more months of endless drama with the EU finally supporting further aid out of fear of contagion effects from a Greece dropout. The Euro will then continue its decline. ya.ya.yo!
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STT
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June 05, 2015, 12:55:53 AM |
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ECB fears the losses from greece leaving will be greater then any cost of bailout to them. So its unlikely they will leave as Greece itself believes it will be worse off also, I can only see them doing it as a nuclear option from some sort of nationalist thinking. While Greece imports they want to be in euro, if they were more self sufficient it would more attractive to them to leave I think. The problem for Euro is how do you maintain a standard while compromising, it just seems to be about saving face as Greece never actually qualified to join in a proper sense and for the sake of integrity should not be in the EURO yet they are and this is politics not any kind of science or maths related problem
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qiwoman2
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June 05, 2015, 06:59:58 AM |
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Soimble wants Greece out but not for the same reasons I do. If Greece leaves the EURO it has plenty of allies to work with outside of the Eurozone. A Grexit will NOT be catastrophic for the Greeks at all but it will be for America's domination over the region since the end of the 2nd world war. Remember that after ww2 Greece went into a 4 year Civil war which claimed more lives than the 2nd world war did so it is hard for the U.S to let Greece go to Leftist/communist allies. That's all the real panic of a grexit. Greece should head a balkan or Medi Union to be honest. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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JackH (OP)
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June 05, 2015, 08:31:37 AM |
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Looks like this just came closer to happening! Greece has told the International Monetary Fund it will delay Friday's €300m (£216m) debt repayment and bundle all four of its June payments together.http://www.bbc.co.uk/news/world-europe-3300903430 days for 1.5 billion or we will see a financial crisis worse than Lehman.
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<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise <helo> oh, you don't like a 20x increase? well how about 8192x increase? <JackH> lmao
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deisik
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June 05, 2015, 10:24:59 AM |
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When you add all the money owed to cover current and future liabilities in entitlement programs, the US is actually in worse financial shape than Greece.
The difference being that the US government can print as much dollars as they see fit and get away with it through inflation (or quantitative easing, you name it) while Greece cannot print euros at all Looks like this just came closer to happening! Greece has told the International Monetary Fund it will delay Friday's €300m (£216m) debt repayment and bundle all four of its June payments together.http://www.bbc.co.uk/news/world-europe-3300903430 days for 1.5 billion or we will see a financial crisis worse than Lehman. It seems that they have something up their sleeve. Probably some secret deal with Russia or China. It is not the first time payments to the IMF are postponed without entering a default phase, so they apparently take it to the limit... For how long has the exit phase been going already?
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qiwoman2
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June 06, 2015, 07:05:48 AM |
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Looks like this just came closer to happening! Greece has told the International Monetary Fund it will delay Friday's €300m (£216m) debt repayment and bundle all four of its June payments together.http://www.bbc.co.uk/news/world-europe-3300903430 days for 1.5 billion or we will see a financial crisis worse than Lehman. Not for the Greeks, if Greece defaults because the TROIKA won't give in to its austerity plans it will just change the geopolitical landscape of the region. Worse comes to worse America will try create a balkan war and get the Albanians to do something stupid on the borders to try to claim a GREATER ALBANIA, aka try to invade the EPIRUS Region, but if Russia and China muscle their way in, that would be stupid on the U.S's part, just to try to keep their control and hand on Greece..
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bryant.coleman
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June 06, 2015, 11:02:07 AM |
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Not for the Greeks, if Greece defaults because the TROIKA won't give in to its austerity plans it will just change the geopolitical landscape of the region. Worse comes to worse America will try create a balkan war and get the Albanians to do something stupid on the borders to try to claim a GREATER ALBANIA, aka try to invade the EPIRUS Region, but if Russia and China muscle their way in, that would be stupid on the U.S's part, just to try to keep their control and hand on Greece..
There are very few Albanians in Greece. There are some Christian Albanians in Epirus, but they prefer the Christian Greeks in Athens to Muslim Albanians in Tirana. I am not saying that the NATO will abandon its "Greater Albania" plan. But the effects will be limited to weak nations such as Macedonia, Montenegro, and Serbia.
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deisik
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June 06, 2015, 11:21:51 AM |
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Not for the Greeks, if Greece defaults because the TROIKA won't give in to its austerity plans it will just change the geopolitical landscape of the region. Worse comes to worse America will try create a balkan war and get the Albanians to do something stupid on the borders to try to claim a GREATER ALBANIA, aka try to invade the EPIRUS Region, but if Russia and China muscle their way in, that would be stupid on the U.S's part, just to try to keep their control and hand on Greece..
There are very few Albanians in Greece. There are some Christian Albanians in Epirus, but they prefer the Christian Greeks in Athens to Muslim Albanians in Tirana. I am not saying that the NATO will abandon its "Greater Albania" plan. But the effects will be limited to weak nations such as Macedonia, Montenegro, and Serbia. Greece is also a member of NATO, so it will be a historic event if (when) the Alliance decides to bomb one of its members (on whatever pretext)...
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bryant.coleman
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June 06, 2015, 12:41:30 PM |
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Greece is also a member of NATO, so it will be a historic event if (when) the Alliance decides to bomb one of its members (on whatever pretext)...
Anything can happen if Greece gets thrown out of the Eurozone for defaulting on its debt. They will get excluded from the Schengen Zone, and there is a possibility that their NATO membership might get suspended. The NATO will not bomb Greece as long as it is an active member. But no one will be able to predict the reaction once they are thrown out.
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qiwoman2
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June 06, 2015, 02:15:06 PM |
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Greece is also a member of NATO, so it will be a historic event if (when) the Alliance decides to bomb one of its members (on whatever pretext)...
Anything can happen if Greece gets thrown out of the Eurozone for defaulting on its debt. They will get excluded from the Schengen Zone, and there is a possibility that their NATO membership might get suspended. The NATO will not bomb Greece as long as it is an active member. But no one will be able to predict the reaction once they are thrown out. I don't think Greece will get thrown out as such..It may just leave on its own if it doesn't believe in the corporate agenda of the EU Commission. They will believe because the EU and it's allies do not give Greece a choice. They want Greece to become a third world nation, just like the other peripheral states are becoming but once the Greeks say enough is enough, they have enough brains to pioneer and carve a new future..Now only thing to see is if the bigger powers that be actually let them. Re Albanians, yes its true many have gone back to Albania since the debt crisis escalated..
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Gronthaing
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June 07, 2015, 12:16:11 AM |
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Greece is also a member of NATO, so it will be a historic event if (when) the Alliance decides to bomb one of its members (on whatever pretext)...
Anything can happen if Greece gets thrown out of the Eurozone for defaulting on its debt. They will get excluded from the Schengen Zone, and there is a possibility that their NATO membership might get suspended. The NATO will not bomb Greece as long as it is an active member. But no one will be able to predict the reaction once they are thrown out. Doubt it they will get kicked out of NATO. NATO interests in the area are too big for that to happen. And even America was calling for Europe to ease austerity in Greece some time ago. So I don't think they want them to leave NATO or the Eurozone. Greece is also a member of NATO, so it will be a historic event if (when) the Alliance decides to bomb one of its members (on whatever pretext)...
Anything can happen if Greece gets thrown out of the Eurozone for defaulting on its debt. They will get excluded from the Schengen Zone, and there is a possibility that their NATO membership might get suspended. The NATO will not bomb Greece as long as it is an active member. But no one will be able to predict the reaction once they are thrown out. I don't think Greece will get thrown out as such..It may just leave on its own if it doesn't believe in the corporate agenda of the EU Commission. They will believe because the EU and it's allies do not give Greece a choice. They want Greece to become a third world nation, just like the other peripheral states are becoming but once the Greeks say enough is enough, they have enough brains to pioneer and carve a new future..Now only thing to see is if the bigger powers that be actually let them. Re Albanians, yes its true many have gone back to Albania since the debt crisis escalated.. Don't think Greece will leave on its own. It's just trying to buy time. Maybe other countries will turn left and put pressure to end austerity.
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AceWallen
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June 07, 2015, 02:30:49 AM |
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so payments bundled and delayed -- end of the month, are we prepared to see doomsday? i will have my finger on the trigger on the EURUSD market at that time....
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Searing
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June 07, 2015, 02:33:27 AM |
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so payments bundled and delayed -- end of the month, are we prepared to see doomsday? i will have my finger on the trigger on the EURUSD market at that time....
heh I used to play this "end of the month' game in college with the land lady...it never really worked out very well' ah ...optimism....always the hope of a better tomorrow EU prepare to get stiffed at the end of the month is my guess
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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