Reply to: Greek default in the next two weeks?

[doodab]

And I'm not seeing Greece go bust. Did they get the dough? Is austerity now in place? Are the peasants revolting?

It's hard to take the news seriously when things don't draw to the previously painted innevitable conclusion.

There is £2bn due for repayment on the 16th and £2bn on the 23rd. Then another £2bn on 13th Jan and another £2bn on the 20th.

[eek]

It's hard to take the news seriously when things don't draw to the previously painted innevitable conclusion.

Its like all wars. Long periods (months / weeks) of total inaction followed by seconds of serious activity.

I think the EU conference this Friday will result in some news but it will be January before the market sees the size of the fresh pile of tulip its created.

[suityou01]

I believe they have €2bn due on the 11th, another €4bn in December and another €4bn in January.

And I'm not seeing Greece go bust. Did they get the dough? Is austerity now in place? Are the peasants revolting?

It's hard to take the news seriously when things don't draw to the previously painted innevitable conclusion.

[doodab]

We will see who is correct come January then.

Well given that I haven't made a definite prediction I'm unlikely to be wrong, but you can see if you are right or not if you like.

[russell]

I'm not suitsyou.

His quote didn't have a date attached.

I don't agree with you. December is soon and they may still go pop.

We will see who is correct come January then.

[BrilloPad]

Greece will limp on until 2012. Then the fun will begin.

[doodab]

Suitsyou quote was in reference to the bonds maturing on the 11th of this month. I said they had been bailed out so wouldn't be going pop soon. You agree with me as they have been bailed out to at least December. I hope that clears it up.

Mark

I'm not suitsyou.

His quote didn't have a date attached.

I don't agree with you. December is soon and they may still go pop.

[russell]

We know.

[GreenLabel]

No my real name is Mark...

We know.

[suityou01]

That's Mr Skidders to you.

OK. You may call me "Your Lordship".

[MarillionFan]

Nope, it's Skidders.

HTH

That's Mr Skidders to you.

[suityou01]

No my real name is Mark, Is your real name Marillion Fan?

Nope, it's Skidders.

HTH

[russell]

I thought it was Russell.

No my real name is Mark, Is your real name Marillion Fan?

[MarillionFan]

Suitsyou quote was in reference to the bonds maturing on the 11th of this month. I said they had been bailed out so wouldn't be going pop soon. You agree with me as they have been bailed out to at least December. I hope that clears it up.

Mark

I thought it was Russell.

[russell]

**** me, if you got any slower you would be travelling backwards in time.

Is there a bailout deal? Yes, nobody is denying that. The point is that the payments due to be paid out earlier this month have not been paid, so they have only been bailed out until December 16th or so. The payment due earlier this month that was supposed to take them beyond that point has been withheld, and until it's forthcoming there is still a possibility that the deal could unravel. Nobody is saying it will, or has, but it's not the done deal you seem to think.

So they'll be going pop any time soon then?

Suitsyou quote was in reference to the bonds maturing on the 11th of this month. I said they had been bailed out so wouldn't be going pop soon. You agree with me as they have been bailed out to at least December. I hope that clears it up.

Mark