Re: Greece will not default

**Lioned** Fri 24 Jul - 20:52

So Greece defaulted on its debt as expected and not for the first time has been bailed out to keep the fragile 'union' together.
It is not sustainable and we'll be back here again.

In the meantime nothing has cost the Greek economy £3billion Euro's Badboy ! That is a completely Notional figure that is meaningless as it is not real money.

If i do a 'sickie' tomorrow it will cost the UK economy about A Grand in 'notional' terms but no one will be any the wiser including my accountant who will probably be on the 19th T with the rest of the NWO !

**Badboy** Fri 24 Jul - 20:57

NWO,WHO AE THEY?
SOME ARE SAYING THE BAILOUT HAPPENED SO THE BANKS DON'T LOSE MONEY.

**Lioned** Fri 24 Jul - 23:07

NWO = Nice Woolen Onesies !

Its what golfing accountants wear after a hard day at the office during infantile role play with their Bankers !

Guest Sat 25 Jul - 7:35

Lioned wrote:NWO = Nice Woolen Onesies !

Its what golfing accountants wear after a hard day at the office during infantile role play with their Bankers !

oh, myyy.

**Badboy** Sun 26 Jul - 23:48

IT HAS BEEN LEAKED THAT THE FORMER FINANCE MINISTER WANTED TO RAID GREEK BANKS AND RETURN TO DRACHMA.

katertaif Mon 27 Jul - 9:20

Badboy wrote:IT HAS BEEN LEAKED THAT THE FORMER FINANCE MINISTER WANTED TO RAID GREEK BANKS AND RETURN TO DRACHMA.

Good morning old son

That would be one way to solve the problem, but any suggestion that Greece kicks the Euro into touch will be met with a stone wall by the rest of the Eurozone. You have to remember that Greece joined the Eurozone with the full complicity of the others, in the full knowledge that Greece did not fulfil the requirements. Common sense and sound financial policies went out of the window some time ago in the race towards the United States of Europe. The ultimate goal, which nothing must be allowed to upset. Even if it means years of misery for the Greeks themselves. This is an organisation that the auditors have refused to sign off as legitimate from day 1. 'nuff said!!

katertaif Mon 27 Jul - 10:12

Badboy wrote:GREECE HAS RELAXED OVERSEAS PAYMENTS SO IMORTS CAN HAPPEN.
THE UNCERTAINLY OVER THE REFERENDUM COST GREEK ECONOMY 3BILLION EUROS.

By virtue of a mixture of political chicanery, Greece has managed not to default. Having said that you are not far off the mark with the cost to the Greek economy of some 3 Billion Euros.

**Badboy** Tue 28 Jul - 19:09

2 GREEKS HAVE LAUNCHED A POTENTIAL COURT ACTION AGAING VANOUCHIS(SP?) ALLEGING HIS NEGOTIATING STANCE LED TO THEIR AND OTHER'S HARDSHIP.
AUSTRALIA MAY ALSO END UP IN A SIMILIAR SITUATION TO GREECE AS WELL AS POSSIBLY CHINA.

**Badboy** Thu 30 Jul - 23:59

BARTER IS INCREASELY BEING USED IN GREECE.
ELECTIONS MAY OCCUR BEFORE END OF YEAR.

**Badboy** Fri 31 Jul - 0:09

INF,IT APPEARS WILL NOT CONTRIBUTE TO LATEST BAILOUT.

**Badboy** Sat 1 Aug - 19:41

IMF STAFF ARE SKEPTICAL OF CONTRIBUTING TO BAILOUT FUND MEANING GERMANY MIGHT VOTE AGAINST EJECTING GREECE FROM EUROZONE.

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