The Greek Thing

Forum: Investments
Author: [Investments] Topic: The Greek Thing
gambler315 PM gambler315
Joined: Dec 2002
Posts: 7494
 
gambler315
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Posted: 2/12/2012 4:11:51 PM

They have an economy the size of Maryland, so why does anyone give a garbage what they do? Hell, the Euro zone is pretty much only Germany anyway. Germany should be the one's cutting ties with this cluster darn called the Euro zone!

A Greek default is the best thing that could happen!  If Greece gets away with not paying their bills whats to stop the other 4 PIIGS from wanting the same deal?

Drachma time!

lion_kinggg PM lion_kinggg
Joined: Feb 2012
Posts: 1069
Greece
 
lion_kinggg
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Posted: 2/12/2012 6:51:59 PM
You missed some points mate.Although you have the right to be mad for Greece keep in mind

-Germany should have paid already a big amount of money in Greece because of the catastrophies they cause in war.If Germany paid those refunds then Greece would be at her pick and not like this
-We have oil sources that American and British leaderhips wont allow us to export.This would have taken out of this poor situation
-Portugal,Spain,Italy and now even France has BIG economical problems that they cant resolve.If Greece should be out of Euro Zone,so should be these countries too
rick3117 PM rick3117
Joined: Mar 2006
Posts: 14715
 
rick3117
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Posted: 2/13/2012 12:43:34 PM
I do not think anyone should be mad at greece.  

Lion_Kingg,  
how do you feel about this article that points the finger at the Goldman boys.  
Just read about it in Vulture's Picnic, by Greg Palast.  Not sure If I count him as a credible source yet, but these swaps happen all the time. Link


gambler315 PM gambler315
Joined: Dec 2002
Posts: 7494
 
gambler315
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Posted: 2/14/2012 5:37:16 PM

I'm not mad at Greece, I was just saying who really cares and they can reap what they sowed!

Eventually, everyone has their debt come due so darn'em.

rick3117 PM rick3117
Joined: Mar 2006
Posts: 14715
 
rick3117
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Posted: 2/15/2012 1:52:35 PM
But, it is not really "their" debt. 
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