Sonatine 11542 Posted January 27, 2015 Share Posted January 27, 2015 Excellent Link to comment Share on other sites More sharing options...
Dr Gloom 22143 Posted January 27, 2015 Share Posted January 27, 2015 Link to comment Share on other sites More sharing options...
Alex 35571 Posted January 28, 2015 Share Posted January 28, 2015 Mint Link to comment Share on other sites More sharing options...
RedfernMag 0 Posted January 28, 2015 Share Posted January 28, 2015 What does he mean by setting up a Europe wide investment bank? And I don't think the ECB will go for centralising debt... Â He's certainly passionate , the next couple of months should prove to be interesting. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted January 28, 2015 Share Posted January 28, 2015 He's already said that they won't default on their debt. Can't see them getting much out of the Germans in negotiations. Link to comment Share on other sites More sharing options...
Park Life 71 Posted January 28, 2015 Author Share Posted January 28, 2015 Privatisation of power comapany PPC halted by incoming Syriza. Â It's on! Link to comment Share on other sites More sharing options...
PaddockLad 17643 Posted January 28, 2015 Share Posted January 28, 2015 An unlikely ally.... Â http://www.theguardian.com/business/2015/jan/28/bank-england-governor-attacks-eurozone-austerity#guardian-edition-menu Link to comment Share on other sites More sharing options...
Park Life 71 Posted January 29, 2015 Author Share Posted January 29, 2015 Moves within moves. Link to comment Share on other sites More sharing options...
Park Life 71 Posted January 30, 2015 Author Share Posted January 30, 2015 (edited) Finance minister turned up for meetings on a huge 1300cc Yamaha. Love this guy. Â Edited January 30, 2015 by Park Life Link to comment Share on other sites More sharing options...
Rob W 0 Posted January 30, 2015 Share Posted January 30, 2015 we all lmow how this will end - it tears.......... and/or betrayal Link to comment Share on other sites More sharing options...
Gemmill 46023 Posted January 30, 2015 Share Posted January 30, 2015 Or ellipses....................... Link to comment Share on other sites More sharing options...
Rob W 0 Posted January 30, 2015 Share Posted January 30, 2015 Thye'll finish up living in barrels - mark my words..................... Link to comment Share on other sites More sharing options...
Park Life 71 Posted January 30, 2015 Author Share Posted January 30, 2015 Thye'll finish up living in barrels - mark my words..................... EU will do the deal. The alternative is too scary for them. Link to comment Share on other sites More sharing options...
RedfernMag 0 Posted February 1, 2015 Share Posted February 1, 2015 https://www.youtube.com/watch?v=BiIO4YciewU Link to comment Share on other sites More sharing options...
Park Life 71 Posted February 1, 2015 Author Share Posted February 1, 2015 German banks and other entities continued lending to take advantage of Greece and then they couldn't stop cause they were already in too deep. Germany has gained greatly from the euro and so far I'm at a loss to see who else has. Â It took advantage of the common currency which made its exports cheaper and appear like for like when infact they have been lending all over europe so as to sell to them at the same time. Many other institutions and corporate entities have also done this and much of the bailout money just comes back from the periphery to banks and other creditors. Merry go round of nonsense and Greece need to stand their ground. The political and financial elites in Greece have played their part in the sickness as well. Link to comment Share on other sites More sharing options...
Gemmill 46023 Posted February 4, 2015 Share Posted February 4, 2015 http://uk.mobile.reuters.com/article/worldNews/idUKKBN0L81KM20150204 Â Germans mistakenly believing that they're in charge of Greek policy. Link to comment Share on other sites More sharing options...
Park Life 71 Posted February 4, 2015 Author Share Posted February 4, 2015 http://uk.mobile.reuters.com/article/worldNews/idUKKBN0L81KM20150204 Â Germans mistakenly believing that they're in charge of Greek policy. Almost like a dictatorship. Â The Germans need to wake up...All their banking scams and social decimation of Southern Europe is at an end. Forever. Spain will be next to say no. Link to comment Share on other sites More sharing options...
Park Life 71 Posted February 9, 2015 Author Share Posted February 9, 2015 Offered bridging loans so no immediate crisis for a few months. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted February 10, 2015 Share Posted February 10, 2015 http://m.bbc.co.uk/news/world-europe-31350547 Â Why on earth do they think that any of those countries would be willing and able to loan them that sort of money? Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted February 10, 2015 Share Posted February 10, 2015 Because the cost in terms of GDP from a global slow down or recession to the US is far bigger than the cost of the loan. It's a loan remember with an interest rates. Â Getting a rate of return on money is quite a luxury nowadays, low risk governments are issuing with bonds with negative yields. Link to comment Share on other sites More sharing options...
ewerk 31195 Posted February 10, 2015 Share Posted February 10, 2015 The risk to the Eurozone is reasonably big, to the USA it's much less. Â There is very little political support in the USA for bailing out Greece. Â All loans are given at an interest that reflects the level of risk involved and the level of rate that the USA would impose would be undoubtedly higher than the current agreement with the EU. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted February 11, 2015 Share Posted February 11, 2015 The U.S. are lobbying hard to broker a deal for the very fact that they see stability as critical to their own interests. Â The risk profile of the vehicle is indifferent to the investor profile. Why would the risk of Greek debt be higher when bought by an Amercian than by a German? Link to comment Share on other sites More sharing options...
NJS 4411 Posted February 11, 2015 Share Posted February 11, 2015 Saw some in-house analysis yesterday which shows the level of crisis is over hyped. They are in the shit but not up to their necks as some suggest. Link to comment Share on other sites More sharing options...
Park Life 71 Posted February 11, 2015 Author Share Posted February 11, 2015 Think it's salvageable but to balance that with anti-austerity will be the trick. Link to comment Share on other sites More sharing options...
wykikitoon 20713 Posted February 11, 2015 Share Posted February 11, 2015 Is it wise to look at Greece for a holiday this year Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now