james.wilson Posted July 3, 2015 Author Posted July 3, 2015 Yeah the ecb, but they only want to borrow it if they don't have to change anything Quote securitywarehouse Security Supplies from Security Warehouse Trade Members please contact us for your TSI vetted trade discount.
SentryAlertSystems Posted July 3, 2015 Posted July 3, 2015 I don't see why the creditors can't give Greece an extended grace and cut some of the debt off, at least you'd stand some chance of getting repayed. ECB being too stubborn and shooting themselves in the foot in my opinion. At least the IMF has started to admit the deal needs to be restructured. Quote
RichL Posted July 3, 2015 Posted July 3, 2015 The creditors are offering - with reform. Trouble is Greek Gov wants the money with no basically no strings. If the creditors give in then Italy, Spain will want better terms too. Its further complicated by the fact that some of Greece's largest creditors are Italy and Spain. Quote Originally said by Charles Babbage On two occasions I have been asked [by members of Parliament], 'Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?' I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a question.
charlie6 Posted July 6, 2015 Posted July 6, 2015 Watching this topic with interest, Excellent posts but surprised no one has made a comment in the light of the 'NO' vote. Quote
RichL Posted July 6, 2015 Posted July 6, 2015 No one really knows what's going to happen, will they stay in the Euro or leave, there's even talk of possible EU exit for them now. Im not taking any chances, Ive been out and bought some olive oil and a kebab. Quote Originally said by Charles Babbage On two occasions I have been asked [by members of Parliament], 'Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?' I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a question.
PeterJames Posted July 6, 2015 Posted July 6, 2015 No one really knows what's going to happen, will they stay in the Euro or leave, there's even talk of possible EU exit for them now. Im not taking any chances, Ive been out and bought some olive oil and a kebab. They were celebrating that the no vote went through as if it would make a difference, I think they forgot they still have no money in the banks and the creditors wont give them anymore. So whats next default on the loan? Print their own money like they used too, it would be worthless anywhere but Greece but holiday makers would have to buy some and the Greeks with their mattresses stuffed with Euros will have buy some, and the Greeks that have money in the bank that they cant get because the banks run out will have to accept the new Greek currency, then Greece may get the Euros back to pay off their debt Quote
goncall Posted July 6, 2015 Posted July 6, 2015 They were celebrating that the no vote went through as if it would make a difference, I think they forgot they still have no money in the banks and the creditors wont give them anymore. So whats next default on the loan? Print their own money like they used too, it would be worthless anywhere but Greece but holiday makers would have to buy some and the Greeks with their mattresses stuffed with Euros will have buy some, and the Greeks that have money in the bank that they cant get because the banks run out will have to accept the new Greek currency, then Greece may get the Euros back to pay off their debt until russia steps in to help them out(literally) then if that goes ok then expect the likes of spain to do the same,the usa will start a war the uk will carry it out,expect a big bombing mission in Syria because what does war bring bar death and misery..big profits Quote
RichL Posted July 6, 2015 Posted July 6, 2015 But Russia's broke too. It seems to be the natural state of affairs in socialist countries. Quote Originally said by Charles Babbage On two occasions I have been asked [by members of Parliament], 'Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?' I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a question.
goncall Posted July 6, 2015 Posted July 6, 2015 But Russia's broke too. It seems to be the natural state of affairs in socialist countries. every country is skint but they have natural resources to sell,the same ones the usa want to take Quote
al-yeti Posted July 6, 2015 Posted July 6, 2015 every country is skint but they have natural resources to sell,the same ones the usa want to take U.k not skint, people got money Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.