Greek agreement not happened yet?

[AtW]

Surely oil supplies are substitutable to such an extent that (ignoring the relatively negligible transportation costs) it doesn't matter who imports their oil from wherever, a fall in the total supply would affect the market price paid by everyone equally?

The dumb is correct on subject of economics, first time ever seen ...

[Freamon]

The dumb is correct on subject of economics, first time ever seen ...

[BrilloPad]

Eurozone finance ministers reject Greek debt offer - Telegraph

More political posturing.

[BlasterBates]

That was the compromise between 3.5% and 4.5%. Looks increasingly likely that the investors will be faced down and accept 3.5% or very close to that, i.e. that the compromise is off the table. We'll see.

In the end the investors have a choice of some money or absolutely nothing, apart from the ones that have credit default swaps; but most would get absolutely nothing.

[BrilloPad]

At least Greece is doing something about tax avoidance.

Greece Names And Prosecutes Celebrity Tax Evaders

[sasguru]

The dumb is correct on subject of economics, first time ever seen ...

I see you've been to Lord Haw Haw's school of Heenglish Grammer

[sasguru]

Are the Greeks being pushed too far?

[russell]

Are the Greeks being pushed too far?

The default is now a certainty, I think it will actually be good for the Euro though if they cut loose Greece.

[The Spartan]

At least Greece is doing something about tax avoidance.

Greece Names And Prosecutes Celebrity Tax Evaders

Too little too late I guess though

[russell]

Too little too late I guess though

Yeah like Germany putting out a list of Nazis.