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-   -   Life and Debt: A Greek Tragedy (merged) (https://www.subsim.com/radioroom/showthread.php?t=196482)

Gerald 11-20-12 08:40 AM

Global shares, euro moves checked as Greek deal awaited
 
Quote:

(Reuters) - World shares and the euro steadied on Tuesday after an initial fall in reaction to France losing its top-notch credit rating from Moody's, with shares maintaining sharp gains from the previous day as investors await a deal for Greece.
Quote:

Euro zone finance ministers and the International Monetary Fund meet later in the day and are expected to approve a plan to give Greece 44 billion euros ($56.4 billion) in aid by December 5, which is needed to stave off bankruptcy.

The likely resolution of the short-term funding problems for Greece and optimism that U.S. lawmakers would reach a deal to avert automatic tax hikes and spending cuts have been behind a sharp rally in riskier assets this week.


http://www.reuters.com/article/2012/...88901C20121120

Note: Tue Nov 20, 2012 8:16am EST

STEED 11-20-12 11:01 AM

Rating agency's are not worth a bar of soap between them all. Just lap dogs to the big boys who throw them the odd bone and tell them what to do.


GREECE AAA..after seeing their books! :o

And now they say yes it was a clear error. :har:

STEED 11-20-12 11:03 AM

The clock is ticking as they try to think up more ponzi scams to prevent what is going to happen.

Jimbuna 11-20-12 12:19 PM

Quote:

Originally Posted by STEED (Post 1963121)
The clock is ticking as they try to think up more ponzi scams to prevent what is going to happen.

Was undecided where to go on holiday next....Greece or Turkey.

Now I might even buy Greece :)

STEED 11-20-12 12:24 PM

Quote:

Originally Posted by jimbuna (Post 1963188)
Was undecided where to go on holiday next....Greece or Turkey.

Now I might even buy Greece :)

Well they are selling off some of their island's I hear.

You could buy one and fill it with naked ladies.


In steps BossMark. :har:

Jimbuna 11-20-12 12:28 PM

On a serious note...the Greek holidays aren't actually getting any cheaper :doh:

Betonov 11-20-12 12:55 PM

Slovenia thought of buying a Greek island

The Maritime administration protested since buying a small island would cause chaos due to tripling our coastline

Jimbuna 11-20-12 01:27 PM

Quote:

Originally Posted by Betonov (Post 1963224)
Slovenia thought of buying a Greek island

The Maritime administration protested since buying a small island would cause chaos due to tripling our coastline

LOL :)

Gerald 11-21-12 12:13 PM

Greece: Lack of deal 'threatens euro'
 
Quote:

The failure of eurozone ministers to reach a deal to give Greece its latest bailout payment threatens the whole bloc, leaders have said.

Following nearly 12 hours of talks in Brussels, the Eurogroup said it needed more time for technical work.
A long way to go....

Note: Update record 21 November 2012 Last updated at 11:07 GMT

Takeda Shingen 11-21-12 12:50 PM

We should all buy Greek Islands. I hear they're going cheap now.

Jimbuna 11-21-12 12:56 PM

Quote:

Originally Posted by Takeda Shingen (Post 1963887)
We should all buy Greek Islands. I hear they're going cheap now.

Went to the travel agents today and I can assure you the cost of Greek holidays/vacations heven't dropped :)

Takeda Shingen 11-21-12 12:59 PM

Quote:

Originally Posted by jimbuna (Post 1963893)
Went to the travel agents today and I can assure you the cost of Greek holidays/vacations heven't dropped :)

So you're saying the agencies are still doing it the Greek way?

Jimbuna 11-21-12 01:03 PM

Quote:

Originally Posted by Takeda Shingen (Post 1963895)
So you're saying the agencies are still doing it the Greek way?

Must be...so we chose Turkey instead :)

Gerald 11-21-12 01:09 PM

Madeira is a flowering oasis,:sunny:

Gerald 11-21-12 03:37 PM

Quote:

Originally Posted by jimbuna (Post 1963903)
Must be...so we chose Turkey instead :)

The food goes to eat there,:)


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