Reply to: Germany and France decide to throw more taxpayers money down the Greek black hole

[ThomasSoerensen]

Don't apologise. Any cursory inspection of your drivel readily indicates that you don't know what fooking day of the week it is.

[sasguru]

sasguru gets another pat on the back from... sasguru - praise indeed, from one fookwit to another

Sorry mate. The facts speak for themselves.

[Shimano105]

sasguru gets another pat on the back from... sasguru - praise indeed, from one fookwit to another

[shaunbhoy]

Sorry I didn't get the exact day right.

Don't apologise. Any cursory inspection of your drivel readily indicates that you don't know what fooking day of the week it is.

[Mich the Tester]

A week later to present - Bank stocks tank and still falling.
Anyone who sold bank stocks when I advised did very well.
Sorry I didn't get the exact day right.

Hang on, I'm getting the hang of this.

MTT; price of bauxite is going to go through the roof

Client: when?

MTT; you'll have to pay extra for me to tell you that.

[sasguru]

Tuesday:



Thursday:

A week later to present - Bank stocks tank and still falling.
Anyone who sold bank stocks when I advised did very well.
Sorry I didn't get the exact day right.

[DimPrawn]

The weather, the food and French transport strikes.

Anyway, Italy is nowehere near going bust. Italy's a bit like one of those aristocrats who wears worn out tweed jackets, drives a bashed up 1970s Range Rover and swears a lot; slight cashflow problem but a tulipload of money tied up in land, art, gold, castles, shares and so on.

Sounds like me! Lend us a tenner till Monday?

[Mich the Tester]

If Greeks/Spanish/Italians/etc were to become impoverished, what's to stop them turning up on magnet Britain's shores?

The weather, the food and French transport strikes.

Anyway, Italy is nowehere near going bust. Italy's a bit like one of those aristocrats who wears worn out tweed jackets, drives a bashed up 1970s Range Rover and swears a lot; slight cashflow problem but a tulipload of money tied up in land, art, gold, castles, shares and so on.

[TimberWolf]

Nothing. That's why BTL is the future innit?

Anyone without a house is doomed though.

[oracleslave]

If Greeks/Spanish/Italians/etc were to become impoverished, what's to stop them turning up on magnet Britain's shores?

Nothing. That's why BTL is the future innit?

[TimberWolf]

If Greeks/Spanish/Italians/etc were to become impoverished, what's to stop them turning up on magnet Britain's shores?

[amcdonald]

That was suggested by some German newspapers last time round, didn't go down too well in Greekland

Couldn't they just sell Greece to the Germans as a holiday resort and be done with it ?

[MrMark]

You mean take the Icelandic approach? **** your creditors and debase your currency, then two years later they are all sitting in Michelin starred restaurants and driving £100K 4x4's rather than facing austerity as all the debt is gone.

That's actually a very good point. Didn't Iceland default on their debts, and then join the Euro?

[DimPrawn]

Or they could leave the Euro, debase their currency to inflate their debt away, while making them more competitive in the tourism market.

You mean take the Icelandic approach? **** your creditors and debase your currency, then two years later they are all sitting in Michelin starred restaurants and driving £100K 4x4's rather than facing austerity as all the debt is gone.

[Old Greg]

Alternatively, those greeks rioting about the cuts and lack of tourism due to not being able to compete with Turkey could offer their hotel rooms for free, self catering.

A loss leader to lead the teenage binge drinking hordes back. What's more profitable for the greeks, a week's hotel fee or a week's bar and food bill?

Do a deal with Stelios and they could do ultra cheap package deals. Soon get the money back with the alcohol charges on the plane and on the island.

Or they could leave the Euro, debase their currency to inflate their debt away, while making them more competitive in the tourism market.