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Default Ot Run on Greek banks

Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow


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Default Ot Run on Greek banks

"harryagain" wrote in message
...
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow


IMHO, the solution lies with Greece defaulting (as they are bound to,
anyway) and saying that
the loan will be paid back in 100 / 500 /1000 years interest free, and then
to issue Drachmas
based on how many working people there are in Greece and how long they've
been working.

Borrowing money that can never be repaid is what the Brit and Yank
governments do
anyway, so it's just not Greece.

The whole Tower Of Babel is based on make-believe.


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Yes, implied value with no actual basis for it is a recipe for disaster
everywhere eventually.
Brian

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"gareth" wrote in message
...
"harryagain" wrote in message
...
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow


IMHO, the solution lies with Greece defaulting (as they are bound to,
anyway) and saying that
the loan will be paid back in 100 / 500 /1000 years interest free, and
then to issue Drachmas
based on how many working people there are in Greece and how long they've
been working.

Borrowing money that can never be repaid is what the Brit and Yank
governments do
anyway, so it's just not Greece.

The whole Tower Of Babel is based on make-believe.




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Default Ot Run on Greek banks

In article ,
harryagain wrote:
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow



Main thing as always is to make sure the super rich get their money out of
the country safely and leave the ordinary bloke to pick up the pieces.

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Dave Plowman London SW
To e-mail, change noise into sound.
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Default Ot Run on Greek banks

On 01/06/15 18:12, Dave Plowman (News) wrote:
In article ,
harryagain wrote:
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow



Main thing as always is to make sure the super rich


==Tony Blair


get their money out of
the country safely and leave the ordinary bloke to pick up the pieces.

== me
Not Plowmwan


--
New Socialism consists essentially in being seen to have your heart in
the right place whilst your head is in the clouds and your hand is in
someone else's pocket.


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Default Ot Run on Greek banks

In article ,
The Natural Philosopher wrote:
On 01/06/15 18:12, Dave Plowman (News) wrote:
In article ,
harryagain wrote:
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow



Main thing as always is to make sure the super rich


==Tony Blair


He lives in Greece? I knew you had lost your mind - but didn't know that
far.


get their money out of
the country safely and leave the ordinary bloke to pick up the pieces.

== me
Not Plowmwan


Are you really trying to make out you are an ordinary bloke? Gawd help us.

--
*Organized Crime Is Alive And Well; It's Called Auto Insurance. *

Dave Plowman London SW
To e-mail, change noise into sound.
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Default Ot Run on Greek banks



harryagain wrote

Begining of the end?


Nope.

http://www.express.co.uk/news/world/...hdrawl-outflow


Bet they get bailed out, essentially because
the eurozone would implode if they don’t.

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On 31/05/2015 23:56, harryagain wrote:
Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow


Can you really trust a reporter who thinks that EUR 300 million = £21
million?


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Nightjar.me.uk" "cpb"@ insert my surname here wrote
harryagain wrote


Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow


Can you really trust a reporter who thinks that EUR 300 million = £21
million?


Don’t need to trust anyone, just check the claims if they matter.


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Well the original people who thought Greece would do well in the Euro system
should be held to account for all the nasty stuff that has occurred since.
Anyone who knows a bit about Greece should know that their culture would
have needed to change before they could be admitted.
As usual its the mainly innocent masses that end up sharing the
consequences.
sigh.
Brian

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"harryagain" wrote in message
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Begining of the end?
http://www.express.co.uk/news/world/...hdrawl-outflow





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Default Ot Run on Greek banks

On Tue, 02 Jun 2015 08:38:54 +0100, Brian-Gaff wrote:

Well the original people who thought Greece would do well in the Euro
system should be held to account for all the nasty stuff that has
occurred since. Anyone who knows a bit about Greece should know that
their culture would have needed to change before they could be admitted.
As usual its the mainly innocent masses that end up sharing the
consequences.


The Greeks - among others - cooked the books alright, but Brussels/
Frankfurt turned a blind eye to it. No one comes out of this blameless.


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On 02/06/15 09:41, Tim Streater wrote:
In article , Brian-Gaff
wrote:

Well the original people who thought Greece would do well in the Euro
system should be held to account for all the nasty stuff that has
occurred since. Anyone who knows a bit about Greece should know that
their culture would have needed to change before they could be admitted.


Well, the Greeks, along with all the smaller, poorer countries, were
gagging for it. It meant they could go along in their "cultural" way
with no downside.


No, what happened is that it meant more money for politicians, and
their cro9nies and a seat at a bigger table, which turned out to be for
troughing, not deciding policy. By that time it was too late. German
banks lent them Euros to waste on German cars and German wind turbines,
and all they had to do was to tax their serfs to pay for the interest.


For a while.



--
New Socialism consists essentially in being seen to have your heart in
the right place whilst your head is in the clouds and your hand is in
someone else's pocket.
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