| Barney : Forum Member 1st July 2015 12:00 AM |
If they want financial stability then it needs to be dealt with now, if it's left till 2017 then the euro will remain an unstable currency......
Thanks,
Barney
IMF and EU Greece bailout, tax on kebabs to rise...Thanks, Barney
Saw an article about a person setting up a crowdfund for the Greek bailout. Seems like a good idea. Lol. Thanks, tsubibo
Indeed they can crowdsource there way out of the crisis. Currently, they've raised €1,212,855 by 70,567 people in 3 days, somewhat short of what is required.....
Not really sure the UK is in a position to criticise Greece, considering our own national debt of 1.5 trillion..... at least the Greeks kept it in the billions.... Thanks, Barney
Someone did the math right? Read somewhere that it would just £ 3 each person in the European Union in order to pay off the debt. Thanks, tsubibo
“Not really sure the UK is in a position to criticise Greece, considering our own national debt of 1.5 trillion..... at least the Greeks kept it in the billions....
 And we still continue to borrow on a monthly basis”I do like this site, I don't know if it's accurate but certainly illustrates the point!
“I do like this site, I don't know if it's accurate but certainly illustrates the point!
..and worrying!
And sooner or later all clocks come to a stop.... when this one does, we all have a problem.... We'll probably end up ditching sterling with politicians of the day declaring how wonderful the euro actually is...
Thanks, Barney
No surprise of the no vote result, hopefully both the ECB & IMF will refuse to hand them a lifeline and refuse to lend anymore money. If they do lend they will only be postponing the inevitable......... Thanks, Barney
No great surprise but I think they'll regret it in the years to come. I can't see how the ECB or IMF can justify any more loans, or how any more debt restructuring can take place, but no doubt negotiations will drag on for another 12 months. Maybe when all of Europe has gone bust, we'll be left bartering in the Tescos car-park. Wonder how much bread some advertising will fetch |
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