If Greece defaults

[Erdogan]

French President Francois Hollande has said "Europe has won" as a debt deal was struck with Greece.

He said that to have lost Greece as a member would have been to lose "the heart of our civilisation" and called on the Greek parliament to convene within hours to adopt the new package of austerity measures.

Greek banks are expected to remain closed for a few more days while details of the package are finalised.

French President has to watch his country's economy, the French economy is on infusion and live on the old glory.I do not know what a useful successful produce Frenchmen   and what I would like to have. essentially no difference between the French and Greek. poor  country if, the French hold the lecture of economy.

Measured by debt, other countries are worse off, but measured by stupid regulations, the french are near the bottom. So France could be next to go.

[Erdogan]

Let's be honest. Why would Eurozone still stay in touch with Greece even when they know Greece is just sucking the money out of them and hanging on them like a parasite? Because they all know how important Greece's presence is, how there's gonna be proper collateral damage when Greece exits and they all want to either work on the collateral damage or just try to avoid it for now. Those grown men aren't that stupid.

To keep the dream (lie) alive.

[Swordsoffreedom]

Did you guys noticed, the greek government is now begging the EU to give them austerity, but a "better" austerity, to favor the greeks.

Thats as much as a referendum clearly wanting the opposite is worth nowadays. Can't trust politicians nowadays guys.


So this makes them lose not only the EU's trust in greece, but now the population will lose trust in their government too, default is inevitable...

It will be interesting even inside the party their is a split occurring
For me it seems like this is what the EU wants to break their leader so they can get someone else in there always dangerous trying to negotiate with them from a political standpoint. 

[GreenStox]

Did you guys noticed, the greek government is now begging the EU to give them austerity, but a "better" austerity, to favor the greeks.

Thats as much as a referendum clearly wanting the opposite is worth nowadays. Can't trust politicians nowadays guys.


So this makes them lose not only the EU's trust in greece, but now the population will lose trust in their government too, default is inevitable...

How will the common people cause a default? Wont they just swallow the bowl of shit?

Civil disobedience is the only solution, i know that politicians are the worst scum that cannot be trusted.

But c`mon, they had a referendum 3 days before that clearly stated that "no austerity" and now they are doing it!


WTF these scumbags cant even respect the people 3 days. How can they be such a scum of the earth this politician class?

Did you guys noticed, the greek government is now begging the EU to give them austerity, but a "better" austerity, to favor the greeks.

Thats as much as a referendum clearly wanting the opposite is worth nowadays. Can't trust politicians nowadays guys.


So this makes them lose not only the EU's trust in greece, but now the population will lose trust in their government too, default is inevitable...

It will be interesting even inside the party their is a split occurring
For me it seems like this is what the EU wants to break their leader so they can get someone else in there always dangerous trying to negotiate with them from a political standpoint. 

Well i have little sympathy for socialists anyways, but really this is the lowest form of scumdom that has been perpetrated ever.

Cheering for months about democracy and "power of the people" , even making public protests against tyrrany and then hosting a referendum.

Only to fucking disrespect the referendum, and now they are the tyrants 

It's 1984 folks!

[scarsbergholden]

Only if the Greece people would ask their government to buy 1 billion euro in bitcoin from their bail out money they would have a great future has a potential bitcoin economy.

[eerygarden]

Only if the Greece people would ask their government to buy 1 billion euro in bitcoin from their bail out money they would have a great future has a potential bitcoin economy.

That would be news. a market order would look nice on the graphs.

[GreenStox]

Only if the Greece people would ask their government to buy 1 billion euro in bitcoin from their bail out money they would have a great future has a potential bitcoin economy.

That would be news. a market order would look nice on the graphs.

Even if they just put a limit buy below 250$, would give a nice support level and would let people be more confident in BTC.

They cannot tell after that that the market will crash and bla bla scaremonger. Greece would got us covered.

[cellard]

Let's be honest. Why would Eurozone still stay in touch with Greece even when they know Greece is just sucking the money out of them and hanging on them like a parasite? Because they all know how important Greece's presence is, how there's gonna be proper collateral damage when Greece exits and they all want to either work on the collateral damage or just try to avoid it for now. Those grown men aren't that stupid.

If you read the treaties on the eurozone there is a section it clearly says no country can kick any other country outside the euro, so what they are doing at this point is pushing them as much as possible so they leave by themselves (this is accepted) .

[Neg]

It seems the price fell down again, and the reason could be that greece is assumedly solved.

This is of course disappointing in the short term, but the fact that buyers are considering these large scale money problems is promising, it is this kind of problem bitcoin is about. So, looking good, anyway.

The price spike probably had little to do with Greeks actually buying bitcoin. It was far more likely just bitcoin speculators getting excited and buying coins thinking bitcoin was going to sky rocket, and it did for a little while, but as usual quickly goes back to where it came from.

[n2004al]

Let's be honest. Why would Eurozone still stay in touch with Greece even when they know Greece is just sucking the money out of them and hanging on them like a parasite? Because they all know how important Greece's presence is, how there's gonna be proper collateral damage when Greece exits and they all want to either work on the collateral damage or just try to avoid it for now. Those grown men aren't that stupid.

If you read the treaties on the eurozone there is a section it clearly says no country can kick any other country outside the euro, so what they are doing at this point is pushing them as much as possible so they leave by themselves (this is accepted) .

For the moment no Grexit... But how time this will last??? The Greek debit is unsustainable.

[Amph]

Let's be honest. Why would Eurozone still stay in touch with Greece even when they know Greece is just sucking the money out of them and hanging on them like a parasite? Because they all know how important Greece's presence is, how there's gonna be proper collateral damage when Greece exits and they all want to either work on the collateral damage or just try to avoid it for now. Those grown men aren't that stupid.

If you read the treaties on the eurozone there is a section it clearly says no country can kick any other country outside the euro, so what they are doing at this point is pushing them as much as possible so they leave by themselves (this is accepted) .

For the moment no Grexit... But how time this will last??? The Greek debit is unsustainable.

they have already deccided they are covering their ass now, for 3 years, tsipras said that they will abolish the baby pensions, which are for those that retire very early from their work

let's if they can keep their promise...

[speaktome]

I think that media is doing Greece a favor actually. Why? because people is going to react and work on ways for paying the debt, they will have to fix it one way or the other. It means they have to change a lot of things, not only in the government, but everyone has to change, from lazy couch potatoes to smart hard workers. In my country we had total economic devastation during the 1990s, the government made radical decisions and everyone had to work hard to restore the economy, we used to owe 30k million US$, 20 years after we now lend money to poor countries. A miracle called Peru!

In short, just let it go as deep as Greece people need to realize that the solution requires of everyone participation.

So your country used to owe  $30 Billion dollars, Then greeks are on worst situation because agree withThe International Monetary Fund  Greece will need a debt relief and new loans by 85 billion euros (95 billion dollars) until 2018 due to the deterioration of the situation since the end of its banks on June 29.Greece and its creditors reached an agreement rescue but certainly forces to the country to undertake painful: spending cuts and economic reforms, but well , after all , They can continue using the euro as their currency.

[pigzone]

The won't be happening greece will nor default

[countryfree]

As I've been dreaming of a Grexit for many years, it seems I'm going to get what I want at least. The Greeks have a choice, follow the way shown by the other EU members, which will be hard but safe, or follow their own way to misery. Latest news are towards the second solution. The Greek banks will remain closed. Forever.

[eerygarden]

As I've been dreaming of a Grexit for many years, it seems I'm going to get what I want at least. The Greeks have a choice, follow the way shown by the other EU members, which will be hard but safe, or follow their own way to misery. Latest news are towards the second solution. The Greek banks will remain closed. Forever.

Have you not been watching the live stream? The opposition leader says they will vote to take the EU deal.

[pigzone]

If greece defaults then bitcoin will be able to save them

[dreey]

Greece should accept they are in bankruptcy no?

[Amph]

As I've been dreaming of a Grexit for many years, it seems I'm going to get what I want at least. The Greeks have a choice, follow the way shown by the other EU members, which will be hard but safe, or follow their own way to misery. Latest news are towards the second solution. The Greek banks will remain closed. Forever.

man there is already a verdict about the grexit, and it is that there is no grexit, they will help them with more than 80B of money, but in exchange they need to show a solid plan to retrieve their position as a EU country and pay their debts

[n2004al]

As I've been dreaming of a Grexit for many years, it seems I'm going to get what I want at least. The Greeks have a choice, follow the way shown by the other EU members, which will be hard but safe, or follow their own way to misery. Latest news are towards the second solution. The Greek banks will remain closed. Forever.

man there is already a verdict about the grexit, and it is that there is no grexit, they will help them with more than 80B of money, but in exchange they need to show a solid plan to retrieve their position as a EU country and pay their debts

They will never be able to pay their debts as they are. Remain to see if they will continue to be an EU member with continuous debts, if their debt will be restructured or will be a probably Greexit in the years to come.

[eerygarden]

As I've been dreaming of a Grexit for many years, it seems I'm going to get what I want at least. The Greeks have a choice, follow the way shown by the other EU members, which will be hard but safe, or follow their own way to misery. Latest news are towards the second solution. The Greek banks will remain closed. Forever.

man there is already a verdict about the grexit, and it is that there is no grexit, they will help them with more than 80B of money, but in exchange they need to show a solid plan to retrieve their position as a EU country and pay their debts

They will never be able to pay their debts as they are. Remain to see if they will continue to be an EU member with continuous debts, if their debt will be restructured or will be a probably Greexit in the years to come.

Show me a country that hasn't had continuous debts.