papag Posted July 5, 2015 Share Posted July 5, 2015 Black Monday thread anyone? Dont know but its going to be a very interesting week Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 5, 2015 Author Share Posted July 5, 2015 German conservative says Greece may be better off outside euro Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted July 5, 2015 Share Posted July 5, 2015 Looks like UP YOURS MERKEL, ECB and IMF See ya laters! HA! Hopefully, this will be just the first domino Lets hope so, punter in Greece saying "We are souls not numbers", people have had enough of the bankers and their rent a currency scams. Quote Link to comment Share on other sites More sharing options...
bubbleturbo Posted July 5, 2015 Share Posted July 5, 2015 I know polls are not be relied upon, etc, etc, but: GET IN THERE!! http://www.bbc.co.uk/news/world-europe-33403665 Quote Link to comment Share on other sites More sharing options...
geezer466 Posted July 5, 2015 Share Posted July 5, 2015 Paul Mason @paulmasonnews 9m9 minutes ago My video blog about the stunning Greek rejection of austerity and financial warfare: https://youtu.be/5xsCagry-0g?list=PLXjqQf1xYLQ47IJ7OIRD2uP7cbhhjBU7B … Angela Merkel You Took one Hell of a Beating...... Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted July 5, 2015 Share Posted July 5, 2015 Haven't read much of the thread over the past days including today, but I would think the German perspective will not allow any quick new result-oriented negotiations. The European elite has just taken a direct poopoo to their faces. Greece must now implement proper hyper-inflation and stand by their decision. Good luck! Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted July 5, 2015 Share Posted July 5, 2015 Reactions of discussants on SPIEGEL ONLINE very happy about the prospect of Grexit and not spending any more money on them. From the horse's mouth... Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 5, 2015 Author Share Posted July 5, 2015 Greek referendum results live: 'No' voters begin celebrating with lead of 61 per cent Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 5, 2015 Share Posted July 5, 2015 Quote Link to comment Share on other sites More sharing options...
Liquid Goldfish Posted July 5, 2015 Share Posted July 5, 2015 I'm assuming TPTB will now make it even worse for Greece to stop anyone else getting uppity? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 5, 2015 Author Share Posted July 5, 2015 EU warns of Armageddon if Greek voters reject terms "Without new money, salaries won't be paid, the health system will stop functioning, the power network and public transport will break down," warns President of European Parliament 'No' vote in referendum would trigger economic meltdown, as it happened Quote Link to comment Share on other sites More sharing options...
geezer466 Posted July 5, 2015 Share Posted July 5, 2015 Haven't read much of the thread over the past days including today, but I would think the German perspective will not allow any quick new result-oriented negotiations. The European elite has just taken a direct poopoo to their faces. Greece must now implement proper hyper-inflation and stand by their decision. Good luck! ??? If the ECB do not grant any more Emergency Liquidity Funding then Greece will crash out. It is not the role of the ECB to decide these things. As the Central Bank they are the lender of last resort. It is up to the politicians to sort it out. If they were not to grant any more ELF then the World will see the Central Bank of the EZ caused Greece to fall out and it will be the beginning of the end of the single currency. I predict they will raise the ELF just enough for the Greeks to get by whilst the politicians try and work it through...... Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted July 5, 2015 Share Posted July 5, 2015 EU warns of Armageddon if Greek voters reject terms Hyper-inflations are very common occurances, the normal end of a fiat currncy. As long as the gold and silver is stashed, it should be fine. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted July 5, 2015 Share Posted July 5, 2015 German vice chancellor says new negotiations are hard to imagine. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted July 5, 2015 Share Posted July 5, 2015 Democracy is a bitch huh? Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted July 5, 2015 Share Posted July 5, 2015 ??? If the ECB do not grant any more Emergency Liquidity Funding then Greece will crash out. It is not the role of the ECB to decide these things. As the Central Bank they are the lender of last resort. It is up to the politicians to sort it out. If they were not to grant any more ELF then the World will see the Central Bank of the EZ caused Greece to fall out and it will be the beginning of the end of the single currency. I predict they will raise the ELF just enough for the Greeks to get by whilst the politicians try and work it through...... I rather think the ECB will stick with their rules, will declare Greece bankrupt and Greece obligations as non-collateral. Boom, crash, and out. T&V get forced into what they should do anyway: hyper-inflate. Quote Link to comment Share on other sites More sharing options...
geezer466 Posted July 5, 2015 Share Posted July 5, 2015 I rather think the ECB will stick with their rules, will declare Greece bankrupt and Greece obligations as non-collateral. Boom, crash, and out. T&V get forced into what they should do anyway: hyper-inflate. Well we will know in 24 hours but they are playing for big stakes here...... Quote Link to comment Share on other sites More sharing options...
R K Posted July 5, 2015 Share Posted July 5, 2015 Quote Link to comment Share on other sites More sharing options...
canbuywontbuy Posted July 5, 2015 Share Posted July 5, 2015 I predict they will raise the ELF just enough for the Greeks to get by whilst the politicians try and work it through...... If they do, that is madness. The Greeks have basically said - f**k you and f**k your money lending and f**k the money we owe you. Why would they lend out more given that signal? Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted July 5, 2015 Share Posted July 5, 2015 https://www.youtube.com/watch?v=hDCK_yyzoh8&feature=player_detailpage Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted July 5, 2015 Share Posted July 5, 2015 German vice chancellor says new negotiations are hard to imagine. I bet they are, ******ing idiot , they better start imagining a whole lot of new negotiations when this bout of people power gets rolling. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted July 5, 2015 Share Posted July 5, 2015 Varoufakis statement in his t-shirt. Quote Link to comment Share on other sites More sharing options...
Silverfinger Posted July 5, 2015 Share Posted July 5, 2015 Democracy is a bitch huh? No, this is very good for many reasons. Good for Greece, good for the EU. The latter because those who do want to stay in will hopefully get their act together watching what will now be unfolding. I know I sound somewhat schizophrenic. I think this is good for Greece, because they will become more competitive and maybe they will finally do the right reforms. It will properly clear the system. For the problem states like Italy, who hang on no matter what, I hope it is a strong signal for desperately needed reforms if they are serious about staying in. Quote Link to comment Share on other sites More sharing options...
R K Posted July 5, 2015 Share Posted July 5, 2015 German vice chancellor says new negotiations are hard to imagine. Does he have tanks? Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted July 5, 2015 Share Posted July 5, 2015 BBC - this is the "nightmare scenario" for Merkel and other European leaders............. Quote Link to comment Share on other sites More sharing options...
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