Reply to: Will there be a Grexit?

[PurpleGorilla]

Germany can't afford to let Greece go under. To crystallize the debt would be a major blow for them.

Hair cut is against the Lisbon treaty.

Tricky.

I think GREXIT is one minute to midnight.

[Mordac]

Germany can't afford to let Greece go under. To crystallize the debt would be a major blow for them.

They can't afford to bail them out (again) either, both financially and politically. Which way would Merkel's poll ratings go if she chucked away (quite literally) another few hundred billion?
Greece is leaving the Eurozone, it's simply a question of when. Whether they stay in the EU afterwards is still an open question.

[BrilloPad]

Germany can't afford to let Greece go under. To crystallize the debt would be a major blow for them.

[PurpleGorilla]

https://www.theguardian.com/business...e_iOSApp_Other

[PurpleGorilla]

Will there be a Grexit?

There will be a grexit. Greeks are getting all they can out of their banks; before the default, and emergency transfer to the drachma. The question is will Greece stay in the EU, or NATO?

https://www.theguardian.com/world/20...e_iOSApp_Other

https://youtu.be/un_5I0tsP7g

[Joe Black]

If they have any sense they will vote for a party who will take them out of the Euro.

Perhaps no-one wants to be first.

Looking at the figures in this article, sense is the one thing they - and most of Europe - lack.

Well, if they had any sense most of the EU countries, including us, would be doing lots of things differently, but no. It's like the CAP (Common Agricultural Policy), thirty years after NZ got rid of all farm subsidies people here, and in Europe, can't seem to imagine surviving without a £40bn per year hand-out...heaven forbid things improving...

[Zero Liability]

If they have any sense they will vote for a party who will take them out of the Euro.

Looking at the figures in this article, sense is the one thing they - and most of Europe - lack.

[BrilloPad]

If they have any sense they will vote for a party who will take them out of the Euro.

[cojak]

Just after Greece conned their way into another bailout last Thursday.

Greece crisis: PM Tsipras 'to hold September election' - BBC News

[BrilloPad]

Ronaldo 'gives football agent Mendes Greek island' - BBC News

He must really hate his agent. Soon that will be worth a billion drachma. Or about 5p.

[Zero Liability]

Yeah, the end of China's inflationary credit bubble won't be kind to commodities at all.

[suityou01]

No, more like reality at work. Interest rates - at least official ones - are being suppressed and have been for decades. Because this is done by manipulating demand for bonds, the 'risk free' asset par excellence, it is infecting all asset classes.

Mostly commodities right now. I predict a return to mean for commodities between now and the end of the year. Buy buy buy!

[Zero Liability]

Ah the Thatcher ideologies. Nice work!

No, more like reality at work. Interest rates - at least official ones - are being suppressed and have been for decades. Because this is done by manipulating demand for bonds, the 'risk free' asset par excellence, it is infecting all asset classes.

[PurpleGorilla]

Me!Me!Me! again?

WGAS about you and your whiny little pipe dreams. So you own a house and want to see it lose 50% of it's value. Good luck with that.

You just don't get it do you. I want a crash for my generation. For generation rent. There is a huge debt bubble, the economic cycle is close to the next downturn (certainly within the next 5 years), this time round there will be no bail outs. To Big - your problem - you are going to have To Fail. If my house falls 50% then the next house falls 50%. Happy days.

£200 - £100k (I'm down £100k)
£400 - £200k (it's down £200k)

lets' correct, put some proper controls in place, and move beyond housing as an asset and what it should be: homes.

Will a lot of people get tuliped. Of course they will. Hopefully most of them will be boomers

[suityou01]

Me!Me!Me! again?

WGAS about you and your whiny little pipe dreams. So you own a house and want to see it lose 50% of it's value. Good luck with that.

Shocking isn't it DP