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Source http://www.economist.com/content/global_debt_clock |
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As long as they fiddle the figures and kiss a$$ they maybe in.
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Hey everybody! Get your new Greek neo-drachmas. Hot off the presses.
http://www.widescope.net/images/monopoly-money.jpg Well, we're not there yet, but the currency will be worth about as much. :nope: |
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http://img853.imageshack.us/img853/5816/50large.gif |
The Greek PM is to stand down (no sprises there then) and new successor eill be chosen tomorrow and a coalition government will be formed soon after.
http://www.bbc.co.uk/news/world-europe-15614883 |
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Neville Chamberlain would be proud. |
LOL :DL
I reckon the Greeks are doing a pretty good job defeating themselves :DL |
I bet will be someone like a banker etc, or directly related to a bank. Now Bankers rule europe...
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Heard of, but i don't think so. I heard a name around but can't remember now, surely i had to remember who was as i never listenened of him in quite sometime in tv etc ( but i live outside of greece so i cant follow very properly)
It's terrifying to note though that the only times our politicians work hard ( get to work properly in time and do extra hours at late evening night ) are when they seem to get ready to sell our country. |
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I'm wondering if Greece even matters any more because it looks like Italy is about to go Greek, and it's not only Too Big to Fail, but Too Big to Save. Italy's yields just blew out and the spread against German debt has reached an all time high. So much has gone on that it all runs together in my head, but there was a crisis several months ago where Italian yields blew out, and the ECB stepped in and starting buying it. That sticksave tamped down the yield but now they're blowing out again. Meanwhile, they've sent in the IMF to police Italy's books, and I think the government has lost majority support, and there are protests. Going Greek indeed. And while all that is going on, the Italian PM isn't exactly inspiring confidence.
Keeping the Eurozone from going asunder is like a game of Whack-a-Mole where the moles get progressively bigger and nastier. |
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Looking bleak and read a confirmation here: http://www.telegraph.co.uk/finance/c...fenceless.html |
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