Originally posted by doodab
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Greek default in the next two weeks?
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They do not have enough to pay pubic sector salaries and pensions to retirees at the end of the month.
Time to invest in greek payday loans companies?"Condoms should come with a free pack of earplugs."Comment
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I see the doom merchants in the MSM are out in force this morning. If Greece goes it'll be the best thing for the Greek people - short sharp shock and all that. The markets are still rating the Euro though as it will not be the Four Horsemen if Greece do default. I believe it will not be as bad as people are making out. However this is no longer about money, it's about politics so I would not be surprised to see the referendum cancelled. I expect massive forces to be brought to bear on Greece in the next week or so, it's definitely happening behind the scenes already. It's fascinating to watch proper world-changing events.
If Greece leave (and it's still a big 'if') that will however give Portugal an exit strategy which is what the EU doesn't want. The state of the Italian finances is nowhere near that bad but I wouldn't be surprised if eventually they left the Eurozone as well.Neither Portugal or Greece should have joined the single currency in the first place.
Don't blame me, I voted UKIP....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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They have cash until mid December, then they're back cap in hand or it's whammo.Originally posted by ThomasSoerensen View PostThey do not have enough to pay pubic sector salaries and pensions to retirees at the end of the month.
Time to invest in greek payday loans companies?What happens in General, stays in General.You know what they say about assumptions!Comment
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Define "whammo", exactly what do you think is really going to happen?Originally posted by MarillionFan View PostThey have cash until mid December, then they're back cap in hand or it's whammo.Comment
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Panzers on the streets of Athens.Originally posted by Churchill View PostDefine "whammo", exactly what do you think is really going to happen?
All that will happen is that stock markets will drop. A few companies will go bust and Greece will print Drachmas. It's a big issue for them. This could lead to contagion. Money issues in Italy, Portugal, France. Strikes on the streets, civil unrest and a meltdown in Euro economies with increased unemployment.
It's all bollocks really.
Whammo for them relates to serious civil unrest. Possible military coup in the near future.What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by MarillionFan View PostDecided that it's going to be difficult to lose the weight, so just going to get fitter.
I weigh the same as Jonah Lomu, but I'm a little shorter and not quite as fast.
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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It was stuck on the perverts cock?Originally posted by TimberWolf View PostWhy did the three-toed sloth cross the road?Comment
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