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The Great 2010 Greek Asset Fire Sale


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HOLA441

http://ftalphaville.ft.com/blog/2010/06/02/249781/greek-fire-sale/?updatedcontent=1

RTRS-GREECE TO SELL 49 PCT OF STATE RAILWAY OSE – FINMIN
RTRS-GREECE TO LIST MORE PORTS ON STOCK MARKET – FINMIN
RTRS-GREECE TO FLOAT AIRPORTS VIA NEWLY CREATED COMPANIES – FINMIN
RTRS-GREECE TO FULLY PRIVATISE CASINOS – FINMIN
RTRS-GREECE TO SET UP NEW REAL ESTATE COMPANY AND LIST ON STOCK EXCHANGE – FINMIN
RTRS-GREECE TO SELL 39 PCT STAKE IN HELLENIC POST – FINMIN

Railways, ports, airports, casinos, real estate, post

Smash the economy, pick up the assets for a few drachmas.

Wasn't it Rothschild who said it's time to buy when there's blood in the streets?

Bankers standing in line to pick over the carcass.

Who knew eh?

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HOLA446

I wouldn't mind buying one of their nifty Russian assault hovercraft. I would give them the contents of my pockets for one - £10, a Parker pen and a soiled hanky.

I had a go at driving a hovercraft a few weeks ago - christ they're hard to control! The steering is so delayed I can feel myself rounding a bend as I type.

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Railways, ports, airports, casinos, real estate, post

Smash the economy, pick up the assets for a few drachmas.

Wasn't it Rothschild who said it's time to buy when there's blood in the streets?

Bankers standing in line to pick over the carcass.

Who knew eh?

That's exactly why banksters like Goldman Sachs actively helped the Greek government to hide debt (in order to be able create more and more debt).

The banksters benefit most during a crisis, therefore it's in their interest to create crises, the bigger the better.

___

Edited by wise_eagle
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This couyld be good or bad

the overnight liberalisation of the Russian economy was a disaster as the common people - with no experience of capitalism - were fleeced by opportunist oligarchs

I would think the Greeks are wiser to this, however, you can see corruption going on

time will tell if this leads to a triumph of the markets. let's hope Stiglitz and chuma have their ever-practical hands in this somewhere

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