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-   -   EU deal announced (https://www.subsim.com/radioroom/showthread.php?t=189086)

Jimbuna 11-06-11 08:09 AM

Quote:

Originally Posted by STEED (Post 1781900)
Sounds like the EU. :rotfl2:

Dose this mean Turkey are saints as they are always turned down to join the EU. :hmmm:

They haven't run up enough debts to warrant admission yet :DL

STEED 11-06-11 08:14 AM

Quote:

Originally Posted by jimbuna (Post 1781906)
They haven't run up enough debts to warrant admission yet :DL

Turkey's debt $329,065,479,452

Source http://www.economist.com/content/global_debt_clock

Jimbuna 11-06-11 08:35 AM

Quote:

Originally Posted by STEED (Post 1781908)
Turkey's debt $329,065,479,452

Source http://www.economist.com/content/global_debt_clock

Nearly as much as Greece....perhaps the EU should reconsider :DL

STEED 11-06-11 08:40 AM

As long as they fiddle the figures and kiss a$$ they maybe in.

Torplexed 11-06-11 08:42 AM

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:

STEED 11-06-11 08:44 AM

Quote:

Originally Posted by Torplexed (Post 1781925)
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:

500 bill to wipe you behind on, as long as it's soft. :haha:

Torplexed 11-06-11 09:07 AM

Quote:

Originally Posted by STEED (Post 1781927)
500 bill to wipe you behind on, as long as it's soft. :haha:

Or roll yourself some whacky-tabbacky which you'll need to ease the pain of the coming insanity. :dead:

Jimbuna 11-06-11 10:05 AM

I'm currently stockpiling my currency needs.

http://img835.imageshack.us/img835/6328/50small.gif

Oberon 11-06-11 10:13 AM

Quote:

Originally Posted by jimbuna (Post 1781977)
I'm currently stockpiling my currency needs.

http://img835.imageshack.us/img835/6328/50small.gif

What's one of them? :hmmm:

Jimbuna 11-06-11 10:32 AM

Quote:

Originally Posted by Oberon (Post 1781983)
What's one of them? :hmmm:

A smaller one of these :DL

http://img853.imageshack.us/img853/5816/50large.gif

Jimbuna 11-06-11 05:03 PM

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

soopaman2 11-06-11 05:06 PM

Quote:

Originally Posted by jimbuna (Post 1782238)
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

So Germany and France just conquered Greece?

Neville Chamberlain would be proud.

Jimbuna 11-06-11 05:19 PM

LOL :DL

I reckon the Greeks are doing a pretty good job defeating themselves :DL

andritsos 11-06-11 06:03 PM

I bet will be someone like a banker etc, or directly related to a bank. Now Bankers rule europe...

Jimbuna 11-06-11 06:26 PM

Quote:

Originally Posted by andritsos (Post 1782275)
I bet will be someone like a banker etc, or directly related to a bank. Now Bankers rule europe...

There has been speculation that the new coalition could be led by Finance Minister Evangelos Venizelos.

andritsos 11-06-11 06:48 PM

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.

Jimbuna 11-06-11 06:57 PM

Quote:

Originally Posted by andritsos (Post 1782309)
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.

Politicians the world over I'm afraid :nope:

Torplexed 11-06-11 07:34 PM

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.

Jimbuna 11-06-11 08:11 PM

Quote:

Originally Posted by Torplexed (Post 1782336)
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.


Looking bleak and read a confirmation here:

http://www.telegraph.co.uk/finance/c...fenceless.html

Torplexed 11-06-11 08:30 PM

Quote:

Originally Posted by jimbuna (Post 1782354)
Looking bleak and read a confirmation here:

http://www.telegraph.co.uk/finance/c...fenceless.html

Interesting (and chilling) stuff there.

Quote:

Europe's attempt to widen the creditor net by drawing in the world's reserve states evoked near universal scorn in Cannes and a damning put-down by Brazil's Dilma Rousseff. "I have not the slightest intention of contributing directly to the EFSF; if they are not willing to do it, why should I?"
Brazil doesn't want to join the biggest Ponzi Scheme of all time? I can't imagine why. :D


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