EU deal announced - Page 13

soopaman2 · 11-10-11, 02:44 PM

Quote:

Originally Posted by Skybird

The Greeks just made the architect of the Greek Euro membership their new prime minister.

Any questions?

Seriously?

I'm with Sailor Steve "Yuck"

So Brussels is not to blame, at all, completely free of fault?

Reagan says trust, but verify...Looks like some of the money wizards didn't do their homework. Once again, blame who?

It was agenda driven, quantity over quality. Now we are all paying.

JU_88 · 11-10-11, 02:48 PM

Quote:

Originally Posted by Torplexed

Bondzilla is coming for us all.

That is the unfortunate truth, all the 'fixes' we see: bail outs, QE, write offs, Austerity messures, are not fixing anything - it is mereley delaying the unstoppeable chain of events that will lead us to a global depression that will go down in history.
Fasten your seatbelts because unless you are millionare, 2012 is going to be a stinker!

Skybird · 11-10-11, 02:51 PM

Quote:

Originally Posted by soopaman2

Seriously?

Yes. And European governments even applaud and welcome him back!

Once close buddies, always close buddies.

soopaman2 · 11-10-11, 02:55 PM

Quote:

Originally Posted by Skybird

Yes. And European governments even applaud and welcome him back!

Once close buddies, always close buddies.

Just goes to show that corruption is not even hidden anymore.

It is like that here too, don't fret sir.

Except we can't kick poor states out. Weird American thing I guess.

Kinda like how our politicians get jobs at Goldman Sachs when they leave office......Oh I get it..

JU_88 · 11-10-11, 03:07 PM

Quote:

Originally Posted by jimbuna

Wouldn't it be easier if Greece simply left the Eurozone and everyone just cut their losses?

Dont matter if they leave or stay, without bailouts they will still default and then the dominos will still fall.

TarJak · 11-10-11, 03:28 PM

Quote:

Originally Posted by STEED

Yes...Is he honest?

Quote:

Originally Posted by JU_88

That is the unfortunate truth, all the 'fixes' we see: bail outs, QE, write offs, Austerity messures, are not fixing anything - it is mereley delaying the unstoppeable chain of events that will lead us to a global depression that will go down in history.
Fasten your seatbelts because unless you are millionare, 2012 is going to be a stinker!

I hate to say it but I have to agree with you on that prediction. I think even millionares will be hit hard as most of their cash is tied up in bonds and stocks that are going to crash along with the rest of the rotten house.

Billionares will probably be OK though.

Bring on the zombie apocalypse I say.

JU_88 · 11-10-11, 03:31 PM

Well while we are ont he subject of blaming the Greeks...

TarJak · 11-10-11, 03:33 PM

LOL , well the Irish are hardly blameless either so FT can't talk.

Jimbuna · 11-10-11, 06:21 PM

LOL

soopaman2 · 11-10-11, 06:33 PM

Lets just eat the rich.

You guys start on your rich, and we will let you know when we get to Bill Gates ankles.

may take awhile, he has alot of protection.

Sailor Steve · 11-10-11, 07:19 PM

Quote:

Originally Posted by STEED

Yes...Is he honest?

Of course he is.

Just ask him.

Skybird · 11-10-11, 07:22 PM

Link: The penny drops at least in Europe

Quote:

The best way to understand the current increase in Italian, Spanish and increasingly French yields is that risk is finally starting to be priced rationally again; markets now realise that some countries are more likely to default or quit the euro than others. Default doesn't necessitate real insolvency: Italy is a rich country with lots of assets. Yet a country can go bust if its political system is broken or its electorate wedded to silly policies.

But this increased realism is already turning into panic. Investors are beginning to comprehend that debt levels in several countries are simply not affordable at proper interest rates.

As the penny drops, it will become ever more obvious that the euro's launch was one of the greatest political and economic blunders of modern times.

Jimbuna · 11-10-11, 07:29 PM

Starting to get concerned about my investments

soopaman2 · 11-10-11, 07:29 PM

Quote:

Originally Posted by Skybird

Link: The penny drops at least in Europe

As a German, and being the main bondholders on the Euro, do you believe that?

I feel (as an American) we are getting screwed by the PIIGS. (all of us) How does the German citizen feel?

Why does Merkel fight so hard for the Euro.

My cousin has a theory about this, but the similarities to the Anchluss (pardon my spelling) would "Godwin" the thread, but the point is made, and somewhat valid.

So why do certain nations hold on so hard, and nations like Britain run away?

Jimbuna · 11-10-11, 07:43 PM

Quote:

Originally Posted by soopaman2

As a German, and being the main bondholders on the Euro, do you believe that?

I feel (as an American) we are getting screwed by the PIIGS. (all of us) How does the German citizen feel?

Why does Merkel fight so hard for the Euro.

My cousin has a theory about this, but the similarities to the Anchluss (pardon my spelling) would "Godwin" the thread, but the point is made, and somewhat valid.

So why do certain nations hold on so hard, and nations like Britain run away?

The British have never considered or accepted themselves as being European....we are and always have been an island nation.

Your question would be better askedf of the IK parliament....but I doubt you would ever get a straight answer.

11-10-11, 06:21 PM	#189
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 191,424 Downloads: 63 Uploads: 13	LOL __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

11-10-11, 06:33 PM	#190
soopaman2 Der Alte Join Date: Sep 2011 Location: New Jersey, USA Posts: 3,316 Downloads: 61 Uploads: 0	Lets just eat the rich. You guys start on your rich, and we will let you know when we get to Bill Gates ankles. may take awhile, he has alot of protection. __________________ If Hitler invaded Hell I would make at least a favourable reference to the devil in the House of Commons. -Winston Churchill- The most fascinating man in the world.

11-10-11, 07:29 PM	#193
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 191,424 Downloads: 63 Uploads: 13	Starting to get concerned about my investments __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

11-10-11, 03:31 PM	#187
JU_88 Silent Hunter Join Date: Jan 2006 Location: UK Posts: 3,824 Downloads: 11 Uploads: 0	Well while we are ont he subject of blaming the Greeks...

11-10-11, 03:33 PM	#188
TarJak Fleet Admiral Join Date: Jul 2006 Location: Sydney, Australia Posts: 17,052 Downloads: 150 Uploads: 8	LOL , well the Irish are hardly blameless either so FT can't talk.