Reply to: Major - Greek default needed

[Freamon]

The alternative is called "restructuring" - this is something when debters sign up to a deal which would restructure debts, most likely with worse terms for them.

A restructuring where creditors don't get repaid in full is a default (which is what you said above).

[AtW]

So having previously said there were options that would allow Greece to avoid default, you are now saying that the alternative option is a default?

The alternative is called "restructuring" - this is something when debters sign up to a deal which would restructure debts, most likely with worse terms for them.

[Freamon]

A default with partial repayment is much better than total loss.

I've left Russia to find new life in UK after default of 1998.

So having previously said there were options that would allow Greece to avoid default, you are now saying that the alternative option is a default?

[AtW]

i.e. a default.

A default with partial repayment is much better than total loss.

I've left Russia to find new life in UK after default of 1998.

[Freamon]

No, it's not the only option at all - bond holders will have to agree to restructuring and take a 30-50% loss

i.e. a default.

[AtW]

I've sold out all of my share positions after the rally on Thursday.

That's a sure sign market will go up and you know it

[MarillionFan]

F**k, why Tuesday, we are upgrading network to 10 GBE that day!

How would I know why they're saying Tuesday. I've sold out all of my share positions after the rally on Thursday.

(and no I didn't get all my money back before you ask)

[AtW]

Shares boards reckon Tuesday is a crunch doom day.

F**k, why Tuesday, we are upgrading network to 10 GBE that day!

[MarillionFan]

The 64 thousand billion trillion euro question is whether we are going to any more major doom next week.

Shares boards reckon Tuesday is a crunch doom day.

[MarillionFan]

suity this thread is for adults, please go look at something shiny until your bed time comes.

Are you telling him to polish his knob? You two worry me.

[Troll]

I watched that interview ... but couldn't stop myself wondering why Edwina would bonk someone so bland

[AtW]

Plenty

suity this thread is for adults, please go look at something shiny until your bed time comes.

[suityou01]

The 64 thousand billion trillion euro question is whether we are going to any more major doom next week.

Plenty

[TimberWolf]

The 64 thousand billion trillion euro question is whether we are going to any more major doom next week.

[suityou01]

Did you mean to link to a different post?

Bless you, no, not at all