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  • Germany rejects Greek extension proposal, govt official says

  • #1
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  • Feb 19, 2015 7:15am Feb 19, 2015 7:15am
lol....stop this fucking madness!!!!
  • #2
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  • Feb 19, 2015 7:15am Feb 19, 2015 7:15am
rumor or not?
  • #3
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  • Feb 19, 2015 7:15am Feb 19, 2015 7:15am
stocks back down....lol
  • #4
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  • Feb 19, 2015 7:16am Feb 19, 2015 7:16am
  •  Trader#18B8
  • | Status: Unregistered Trader
The headlines war ... but not totally unexpected!
  • #5
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  • Feb 19, 2015 7:18am Feb 19, 2015 7:18am
lol mess up again
  • #6
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  • Feb 19, 2015 7:18am Feb 19, 2015 7:18am
got it..
  • #7
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  • Feb 19, 2015 7:19am Feb 19, 2015 7:19am
News is Real,but due to ECB Monetary Policy Meeting Accounts ,it may continue or not ?
  • #8
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  • Feb 19, 2015 7:20am Feb 19, 2015 7:20am
time for greece ask loan to Zeus
take what you can take, before market take it back
  • #9
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  • Feb 19, 2015 7:21am Feb 19, 2015 7:21am
It's time to Obama step up...lol, or China will buy up
  • #10
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  • Feb 19, 2015 7:21am Feb 19, 2015 7:21am
anonymous rumor
  • #11
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  • Feb 19, 2015 7:24am Feb 19, 2015 7:24am
if this news is true .... euro made the correct decision on the greek extension proposal
  • #12
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  • Feb 19, 2015 7:25am Feb 19, 2015 7:25am
Its getting hot in here! Damn
All posts are my personal opinion
  • #13
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  • Feb 19, 2015 7:28am Feb 19, 2015 7:28am
This is going to end in tears...
  • #14
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  • Feb 19, 2015 7:30am Feb 19, 2015 7:30am
lol
  • #15
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  • Feb 19, 2015 7:36am Feb 19, 2015 7:36am
Show time....will accept it at the end...after all newbies lose their account
  • #16
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  • Feb 19, 2015 7:36am Feb 19, 2015 7:36am
  •  Trader#259D
  • | Status: Unregistered Trader
German is hurting greek due to greek relationship with putin
  • #17
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  • Feb 19, 2015 7:36am Feb 19, 2015 7:36am
Quoting Kis Zoltan
It's time to Obama step up...lol, or China will buy up
China won't pay. Geographical location makes it unlikely that Greece will be able to pay in anything except financial means, and Greek finances are infamous for being faked (they cook the books) & riddled with defaults. I doubt China would like to be EU #2 in terms of being ripped off by Greece.

U.S. might pay, since they're really the only country right now with finances that can fund a bailout worth hundreds of billions (U.S. economy currently recovered the most compared to its major rivals, save for China).

But put it this way: Do you think the average Americans would approve of spending their money on a foreign country that did nothing significant to help them? It'll be controversy cranked up to the limit, so Obama will likely hesitate at doing this and seek a coordinated bailout with other countries at best.
  • #18
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  • Feb 19, 2015 7:39am Feb 19, 2015 7:39am
  •  Trader#299A
  • | Status: Unregistered Trader
Since when does Germany, and Germany alone run the Eurozone?
  • #19
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  • Feb 19, 2015 7:41am Feb 19, 2015 7:41am
I m reject euro for trading defenitely... bastards... 14.10 "A senior German official supports the renewed Greek proposal and says it indicates that Greece is willing to honour its existing agreements"
14.12 "German government official says that the Greek extension has been rejected" wtf... they r plying some games or what?! big fat liars.
  • #20
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  • Feb 19, 2015 7:43am Feb 19, 2015 7:43am
LOL this about ECB and greek but why usdcad jump to high
  • #21
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  • Feb 19, 2015 7:44am Feb 19, 2015 7:44am
do you care about this?or we just care abouut up and down.buy or sell
  • #22
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  • Feb 19, 2015 7:45am Feb 19, 2015 7:45am
Would Russia come to the rescue? Putin would love another front for his empire.
  • #23
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  • Feb 19, 2015 7:45am Feb 19, 2015 7:45am
Quoting Vermillion
U.S. might pay, since they're really the only country right now with finances that can fund a bailout worth hundreds of billions (U.S. economy currently recovered the most compared to its major rivals, save for China).
The US will not bail out commies.
  • #24
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  • Feb 19, 2015 7:46am Feb 19, 2015 7:46am
Gold's gonna soar if Greece goes bankrupt.
  • #25
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  • Feb 19, 2015 8:04am Feb 19, 2015 8:04am
There are 2 things that have been accomplished here. 1. Keeping Euro Low. 2. Kick the can down the road. EZ will not suffer. Contrary, It may have some inflation, which is good thing.
  • #26
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  • Feb 19, 2015 8:08am Feb 19, 2015 8:08am
The US has dropped a couple more notches down the list of most free nations. BHO has not cared about public opinion nor any laws and is not about to start. But now the House and Senate are not his - at least officially. BHO has little problem with commies. Before the 2012 elections he was caught on a alive mic telling Putin's boy that after the election he "would have more room" to move.

For Germany Greece is more about economics than politics. For Russia and the US the opposite. Somewhat like Cuba in the 60's. Politicians have fed the disease. Now the cancer is at another critical point of feeding frenzy. The cancer of oversized government should have been put on a diet decades ago. But that goes for a lot of nations.
  • #27
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  • Feb 19, 2015 8:30am Feb 19, 2015 8:30am
Quoting Guest
Since when does Germany, and Germany alone run the Eurozone?
Unfortunately, it seems that they have taken over the Eurozone.
I think the Greeks should walk away, they've suffered enough but
a bit more pain is probably worth their freedom.
Have a nice day
  • #28
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  • Feb 19, 2015 8:34am Feb 19, 2015 8:34am
usdcad jumped high because of oil price
  • #29
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  • Feb 19, 2015 9:12am Feb 19, 2015 9:12am
[quote=Vermillion;8080636]China won't pay. Geographical location makes it unlikely that Greece will be able to pay in anything except financial means, and Greek finances are infamous for being faked (they cook the books) & riddled with defaults. I doubt China would like to be EU #2 in terms of being ripped off by Greece.

U.S. might pay, since they're really the only country right now with finances that can fund a bailout worth hundreds of billions (U.S. economy currently recovered the most compared to its major rivals, save for China).

Greece is an other part of the frontline, EU missed the ball against BRICS, like in the ukrainian case. It was too late to ignorate Janukovits after the chinese bailout.
  • #30
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  • Feb 19, 2015 9:54am Feb 19, 2015 9:54am
Quoting Vermillion
China won't pay. Geographical location makes it unlikely that Greece will be able to pay in anything except financial means, and Greek finances are infamous for being faked (they cook the books) & riddled with defaults. I doubt China would like to be EU #2 in terms of being ripped off by Greece.

U.S. might pay, since they're really the only country right now with finances that can fund a bailout worth hundreds of billions (U.S. economy currently recovered the most compared to its major rivals, save for China).

But put it this way: Do you...
Does Israel do anything significant for us?
How about the Philippines?
Afgan? Pakistan? Iraq? Egypt?

The people don't have a choice. I don't remember Obama asking me?

Over the last 10 years, the U.S. has given money to 185 countries- none of them with my permission.
  • #31
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  • Feb 19, 2015 11:24am Feb 19, 2015 11:24am
I don't understand why FF publishes these rumors. Can it be substantiated?
  • #32
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  • Feb 19, 2015 11:56am Feb 19, 2015 11:56am
FOR SALE: ROCK

terms: must feed inhabitants

asking: $320B or best offer

financing available!
  • #33
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  • Feb 19, 2015 12:05pm Feb 19, 2015 12:05pm
Quoting Bakker
I don't understand why FF publishes these rumors. Can it be substantiated?
most of FF news feed is came from website owned by troll, goblin, dracula, vampire, zombie, etc.. they trying to drive market to their direction. and make a duck confuse.

forexlive, zerohedge, marctomarket, bussinesinsider, marketwatch, etc.
some from twitter, @Fgorilla, @quack @runhard @duck, etc

at others website news feed,, source like above is not used.

best advice.. dont only depending to FF as yours funda source, find others website which more reallible delivering news feed, so you can compare
take what you can take, before market take it back
  • #34
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  • Feb 19, 2015 12:29pm Feb 19, 2015 12:29pm
has anyone seen anything on German Buba President Weidmann Speaks????
  • #35
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  • Feb 19, 2015 1:21pm Feb 19, 2015 1:21pm
One thing is certain. Greece has no choice but to exit euro as their currency. And that is what Germany wants without looking like a villain. Everyone in Europe seem to have figured out that the best outcome is for Greece to leave. I said before, EU is prepared this time to let Greece go. They know that if they gave in to demands of Greece, there will be more countries asking for similar concessions.
  • #36
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  • Feb 19, 2015 1:48pm Feb 19, 2015 1:48pm
Quoting Abhimanyu
One thing is certain. Greece has no choice but to exit euro as their currency. And that is what Germany wants without looking like a villain. Everyone in Europe seem to have figured out that the best outcome is for Greece to leave. I said before, EU is prepared this time to let Greece go. They know that if they gave in to demands of Greece, there will be more countries asking for similar concessions.
agreed, greece will leave for sure. Then the Euro should collapse
  • #37
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  • Feb 19, 2015 1:57pm Feb 19, 2015 1:57pm
Quoting Guest
German is hurting greek due to greek relationship with putin
Don't think so. Germany is hurting Greece because it's costing them a fortune with no end in site, & with Greece's weak economy they're afraid they can't get it back.

All Germany wants is for Greece to turn into a little Germany, disciplined, fiscally responsible, highly productive so it can buy German exports.

Of course, then Greece would be a competitor, & Germany would still not be happy. ;^)
The mind thinks, the heart knows...
  • #38
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  • Feb 19, 2015 2:02pm Feb 19, 2015 2:02pm
Quoting Ever E. Man
All Germany wants is for Greece to turn into a little Germany, disciplined, fiscally responsible, highly productive...
Lol yes. Ah those cultural differences. My mate studying history once told me if it wasnt for WW2, Germany would naturally thx to economy become European hegemon and we would be all speaking German long time ago. Please dont let that happen . I like Germans, but the language...
"I know one thing, that I know nothing." Sokrates
  • #39
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  • Feb 19, 2015 2:53pm Feb 19, 2015 2:53pm
Quoting Guest
Since when does Germany, and Germany alone run the Eurozone?
You're joking, right? They've run it from the very beginning, & drew France in for support by promising it political power.

Merkel seems to be a master at setting up power-sharing situations & then finding a way to get all the power herself. (She was first co-chancellor until she edged the other guy out.)

The German exports are over half of their GDP, so they have to keep exporting for their economy to thrive. Most go to the EU countries.

The EUR was the German solution to the strong Dmark making their exports too expensive when the Southern European countries devalued their currencies.

This hurt German exports, so they sold Europe a one currency union that really would work the best for Germany.

Why do you think they are so adamant to keep the EU together? Because they're nice guys?

Follow the money if you are a trader.
The mind thinks, the heart knows...
  • #40
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  • Feb 19, 2015 3:41pm Feb 19, 2015 3:41pm
Lots of traders here seem to have the opinion that Greeks are just lazy, need to work harder (like Germans), collect more taxes (& stop enjoying life so much! ;^), etc., etc.

It's a lot like Obama bashing, which has become the national pastime in the U.S.

(How quickly we forget G.W. Bush ~ 1st U.S. leader to okay torture, ignore civil rights & due process, pass a drug rider that bankrupted the U.S., & start a first-strike war killing millions based on his unsupported WOMD assumptions, & on whose watch the financial crises actually occurred ;^)

Although it may be enjoyable, criticizing others is usually just a way to deflect criticism away from ourselves. ;^)

It takes all kinds of people to make a world, with all kinds of talents & abilities. ;^)

Some things to help balance our view of Greece:

The Germans work some of the shortest hours/week in the EU.

They are some of the highest paid, because of the high quality of their products.

But they work smarter, no harder.

So, be honest. You can work very hard for very little money. I know. I've done it.

When Northern Europeans are on holiday, they often go to the Southern European countries where the people are more fun-loving. Those same countries that they've pushed austerity onto now.

They are not so fun-loving anymore.

The Greek finances took a dive when they overspent (with borrowed money) for the 2004 Olympics. (Encouraged, I'm sure, by the creditors! ;^)

Who made the most money from the design & buildings for that event?

The Germans, of course. They're great engineers.

Beware engineers in sheep's clothing! ;^)

And by the way, it wasn't just the Greeks idea to cook the books to get into the EU, the actually cooking was done by American investment banks. They're experts, apparently. ;^)

Germany wants a single currency union for its own benefit, but does not want any negative effects. That's why it was setup so that the debt would not be shared by all, making the weaker countries very vulnerable to becoming mired in inescapable debt.

Debt slaves, in fact.

Good luck trading.
The mind thinks, the heart knows...
  • #41
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  • Feb 19, 2015 4:07pm Feb 19, 2015 4:07pm
Quoting Pharm0r
Does Israel do anything significant for us?
How about the Philippines?
Afgan? Pakistan? Iraq? Egypt?

The people don't have a choice. I don't remember Obama asking me?

Over the last 10 years, the U.S. has given money to 185 countries- none of them with my permission.
Really late reply; sorry about the delay.

That's why I said Obama will likely try to create a financial group of sorts to bail countries.

Greece's debt is an immediate problem (and rather large in size), and given international scrutiny, it'll be hard to shove it past the American public without the media raising a veritable firestorm.

The words "taxes' and "debt" have an effect on the American public like no other. We've seen the results in the 2008 and 2012 presidential elections. Debt, debt, debt. Over half the discussion was devoted to the financial solvency (or possibly insolvency) of the the U.S. back then.

So yes, he can fund the nations without the support of the U.S. citizens, but I don't think it'll be the U.s. alone. He'll need to have something to assuage the American public. It's far more likely that he'll bring in UN/NATO allies, since just shouting "spread democracy and liberty across the world" keeps garnering more and more criticism.

I guess Edward Bernay's propaganda finally began to dry up in usefulness.
  • #42
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  • Feb 19, 2015 4:12pm Feb 19, 2015 4:12pm
Quoting Vermillion
Really late reply; sorry about the delay.

That's why I said Obama will likely try to create a financial group of sorts to bail countries.

Greece's debt is an immediate problem (and rather large in size), and given international scrutiny, it'll be hard to shove it past the American public without the media raising a veritable firestorm.

So yes, he can fund the nations without the support of the U.S. citizens, but I don't think it'll be the U.s. alone. He'll need to have something to assuage the American public. It's far more likely that...
Or Ebola will come back and provide a convenient distraction...
  • #43
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  • Feb 19, 2015 4:24pm Feb 19, 2015 4:24pm
Quoting Pharm0r
Or Ebola will come back and provide a convenient distraction...
You mean ebola forcing Americans to look at ebola news only while Obama shoves money into Greece? Maybe. It's happened before, when the U.S. was busy cutting corners for their soldiers & committing war crimes in Iraq while people were busy looking at Britney Spears.

Then it happened again with zooming in on TMZ back in early 2014, while Russia & the US were duking it out in a shadow proxy war in Ukraine.

I've long since given up on trying to predict the stupidity of the American public since long ago (note: I reside in the US). I believe Einstein said it best: "Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."
  • #44
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  • Feb 19, 2015 4:44pm Feb 19, 2015 4:44pm
Well guy's .... i don't know how many of you are europeans or how many of you knows how an import/export trade is taking place or what costs where before euro so ... and i'm gonna give you some tips why the eurozone is good for economies and why germany has the biggest advantage of all the country's in the euro.

EUROZONE is GOOD because:

- it eliminates some taxes (customs and exchange), "borders" and increase the time of delivery.

Eurozone have almost everything it needs inside, just think about it, if nothing comes to your mind i'll give you some hints, Greece/Italy/Spain/Portugal exporting fruits/veg/and verry nice holiday destinations, ireland/uk/germany/denmark exporting meat and livestock (lamb&beef most IRL/UK ,germany/Dk most pork and beef) , UK/Sweden/spain/germany/france/italy/romania exports cars and trucks (Bentley/jaguar/scania/volvo/BMW/mercedes/renault/citroen/seat/ferrary/fiat etc.) and the list goes on. Now imagine all this production combined with free "borders", now this is the verry good thing because, for those who didn.t know , before, a transport of oranges/apples/grapes whatever you need from italy to denmark was taking 4-5 days even more because, the driver had to stop every border, he had open a T1 form at customs in town where was loaded close it at the italian border, open another one at austriam, close it at exit, open in germany close it on exit, and demnark as well . now this is just 1 example.

Another thing that eurozone is encouraging is tourism. without borders you don't need any visa to go from sweden to spend holiday in south spain or make a crazy weekend in ibitza. so this is another sector that has a lot to win.

Germany's part in all this is because it's geographical position. imagine that a truck pays between 0.14 - 0.25 euro/km, now imagine how much money is germany making only from toll roads!!! And olso think that germans are verry good tax payers. Since i was little i knew that germany is the most advantage country in europe all because this "geographical position", because almost everything goes thru germany.

What i want to say is this " MONETARY UNION IS OK BUT WITHOUT FISCAL UNION EVERYTHING IS DOOMED" and i already write to much so i will let you think about this.
  • #45
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  • Feb 19, 2015 6:30pm Feb 19, 2015 6:30pm
Quoting Pharm0r
Does Israel do anything significant for us?
How about the Philippines?
Afgan? Pakistan? Iraq? Egypt?

The people don't have a choice. I don't remember Obama asking me?

Over the last 10 years, the U.S. has given money to 185 countries- none of them with my permission.
These countries do a lot for you. How would you maintain the balance of terror if it wasn't for these countries?
  • #46
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  • Feb 19, 2015 6:39pm Feb 19, 2015 6:39pm
  •  Trader#4D1E
  • | Status: Unregistered Trader
Darkinside,
all those trucks do a lot of damage to the roads and a lot more police is needed to keep crime in check which is flooding in on those roads!
German motorists would prefer all those trucks to circumvent Germany so they could enjoy their autobahns paid for by their taxes.
  • #47
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  • Feb 19, 2015 6:56pm Feb 19, 2015 6:56pm
Macdon,
are you drunk or joking?
  • #48
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  • Feb 19, 2015 7:25pm Feb 19, 2015 7:25pm
[quote=darkinside;8081911]Well guy's .... i don't know how many of you are europeans or how many of you knows how an import/export trade is taking place or what costs where before euro so ... and i'm gonna give you some tips why the eurozone is good for economies and why germany has the biggest advantage of all the country's in the euro.

I agree with about the Eurozone. It is a union of friends for mutual benefit but every country should have their own currency so that they can pursue their own policies and that is freedom because they can not dictated by external powers and that is sovereignty.
  • #49
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  • Feb 19, 2015 9:35pm Feb 19, 2015 9:35pm
Quoting Ever E. Man
Lots of traders here seem to have the opinion that Greeks are just lazy, need to work harder (like Germans), collect more taxes (& stop enjoying life so much! ;^), etc., etc.

It's a lot like Obama bashing, which has become the national pastime in the U.S.

(How quickly we forget G.W. Bush ~ 1st U.S. leader to okay torture, ignore civil rights & due process, pass a drug rider that bankrupted the U.S., & start a first-strike war killing millions based on his unsupported WOMD assumptions, & on whose watch the financial crises actually occurred ;^)

Although it may be enjoyable, criticizing others is usually just a way to deflect criticism away from ourselves. ;^)

It takes all kinds of people to make a world, with all kinds of talents & abilities. ;^)

Some things to help balance our view of Greece:

The Germans work some of the shortest hours/week in the EU.

They are some of the highest paid, because of the high quality of their products.

But they work smarter, no harder.

So, be honest. You can work very hard for very little money. I know. I've done it.

When Northern Europeans are on holiday, they often go to the Southern European countries where the people are more fun-loving. Those same countries that they've pushed austerity onto now.

They are not so fun-loving anymore.

The Greek finances took a dive when they overspent (with borrowed money) for the 2004 Olympics. (Encouraged, I'm sure, by the creditors! ;^)

Who made the most money from the design & buildings for that event?

The Germans, of course. They're great engineers.

Beware engineers in sheep's clothing! ;^)

And by the way, it wasn't just the Greeks idea to cook the books to get into the EU, the actually cooking was done by American investment banks. They're experts, apparently. ;^)

Germany wants a single currency union for its own benefit, but does not want any negative effects. That's why it was setup so that the debt would not be shared by all, making the weaker countries very vulnerable to becoming mired in inescapable debt.

Debt slaves, in fact.

Good luck trading.
You said what I've been saying, but in a nicer way. I want my pound of flesh for what's happened to Europe. I want it from the usual suspects.
Quoting Elisabeth
Macdon,
are you drunk or joking?
No Elisabeth, I'm afraid I'm stone cold sober and mean every word of it, alright almost every word, then.
  • #50
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  • Feb 19, 2015 9:45pm Feb 19, 2015 9:45pm
Quoting Guest
Darkinside,
all those trucks do a lot of damage to the roads and a lot more police is needed to keep crime in check which is flooding in on those roads!
German motorists would prefer all those trucks to circumvent Germany so they could enjoy their autobahns paid for by their taxes.
yes i know what you mean .... i am staying in traffic jam's on germany at least 3 times a week, and POLIZEI/BAG/ZOLL in 3 years they stopped me 2 times , and olso germans they have a BAN for trucks on weekends (maybe you didn't know that), but you see ... here we are talking about economics and trucks are doing at least 80 % (the rest may be train or air) of the business (moving A-B even for german trucks). I will do some math, from salzburg to saarbrucken (border to border) is 573 km X 0.15 (supose is euro6) thats aprox. 86 euros ok? Now i challange you to stay in a parking and count how many trucks pass in 1 hour , you will be amazed.

so bottom line is this , yes working days are verry busy in germany (is the most transitated country in europe) BUT in the same time is making money, during weekend trucks have BAN not sure on saturday but on sunday's is for sure (exept fridges with perishable goods). so again .... think about it ...... geographical position
  • #51
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  • Feb 19, 2015 9:51pm Feb 19, 2015 9:51pm
Quoting Guest
Darkinside,
all those trucks do a lot of damage to the roads and a lot more police is needed to keep crime in check which is flooding in on those roads!
German motorists would prefer all those trucks to circumvent Germany so they could enjoy their autobahns paid for by their taxes.
Introduce a rule : No cars in Autobahn other than Germany License Plate number. That will solve it. Take what is good, leave the rest for EZ to solve.
  • #52
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  • Feb 19, 2015 10:04pm Feb 19, 2015 10:04pm
Quoting Abhimanyu
Quoting darkinside
Well guy's .... i don't know how many of you are europeans or how many of you knows how an import/export trade is taking place or what costs where before euro so ... and i'm gonna give you some tips why the eurozone is good for economies and why germany has the biggest advantage of all the country's in the euro.

I agree with about the Eurozone. It is a union of friends for mutual benefit but every country should have their own currency so that they can pursue their own policies and that is freedom because they can not
...
Well let me tell you a story about a recent thing that happened to me : i was giving an advance for an apartament, i my country we don't yet have the euro but still all apartaments and cars they sale them in euro (they make the excanghe on the day you give them the money), so by the time i was giving the rest euro raised 5% and i paid almost 1000 euro more for the apartament, now imagine what is a 1% diff. between 2 currency will do to a company from italy(italian pound) that is buying a 50 mil. meds from denmark (danish krona) belive me you would feel it, but if it's euro to euro it don't matter only for imports/ export in the EUROZONE.

So now i'm saying again that having the euro is not bad, but it is bad how the country gov in euro is spending their money, that's why i'm sayng again that monetary union is not enough, it needs fiscal union olso, because all the crisis in euro started from this DEBT, to much DEBT.
  • #53
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  • Feb 19, 2015 10:17pm Feb 19, 2015 10:17pm
Quoting Guest
Darkinside,
all those trucks do a lot of damage to the roads and a lot more police is needed to keep crime in check which is flooding in on those roads!
German motorists would prefer all those trucks to circumvent Germany so they could enjoy their autobahns paid for by their taxes.
Yes germans pay the roads from their taxes so do the trucks(all of them germans or not) and even more money that a tax payer is paying, so for me is fair.
  • #54
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  • Feb 19, 2015 11:00pm Feb 19, 2015 11:00pm
Quoting darkinside
So now i'm saying again that having the euro is not bad, but it is bad how the country gov in euro is spending their money, that's why i'm sayng again that monetary union is not enough, it needs fiscal union olso, because all the crisis in euro started from this DEBT, to much DEBT.
If you have fiscal union then you *really* will have the tax payers of richer countries like Germany, Finland paying poorer countries like Greece and Ireland.

As it stands, the richer countrie's tax payers are only funding the banks who lent recklessly and irresponsibly to corrupt politicians, dare I say, in all EU countries. No matter what the propaganda machinations of the bankster owned mainstream media say.
  • #55
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  • Feb 20, 2015 12:00am Feb 20, 2015 12:00am
Germany have right to reject Greece loan extension request,
that is their choice, they biggest shares holder, so they have power to influence ECB.

who will pay if ECB accept Greece loan extension request ?
sure that not came from mister mario pocket.

who keep asking more money, and don't want following ECB term and condition?

kinda funny if someone don't want lend money to you again, because your previous debt not done yet, and now you saying you are setup on trap, and that creditor is devil hahaaa..

if Greece have pride,, they will not dare to asking more loan. They should be accepting their economy going failure, and exit from EZ with little pride.. join Russia, China or USA, and start new era.

but they keep licking germany boot, to get more loan,,
and morron people keep supporting them with yellingg...
"hey germany,, you are devil.. greece licking your boot twice a week,, give more loan pleasee..."
take what you can take, before market take it back
  • #56
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  • Feb 20, 2015 1:04am Feb 20, 2015 1:04am
redfx1989, look up odious debt and stop polluting English speaking forums with nonsensical English, please.

How much of the Greek debt is odious debt is open to debate, but at least the Greeks have done away with the previous regime of oligarchs who thought they were born to rule.

Odious debt

From Wikipedia, the free encyclopedia
In international law, odious debt, also known as illegitimate debt, is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state. In some respects, the concept is analogous to the invalidity of contracts signed under coercion.
  • #57
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  • Feb 20, 2015 1:23am Feb 20, 2015 1:23am
dear my smart and beloved Macdon

it is DEBT.. not odios debt
but what ever you call it or descripting it,,, Greece have to pay it one day, and they unable to pay it now, and instead choose to be fail and out from EZ, Greece requesting more loan extension.

you maybe think it good for greece if they get more loan extension ?? and stay with EZ ??
no it is bad,, good only for short term,, think about next year ? they pay with what ? stone ?
and what they gonna do next year ? asking anothers loan to ECB ?
germany already boring paying greece debt, and its time for greece asking loan outside ECB. if you dont get it,, simply..,, it meanbest for greece is exit from EZ and join BRICS or US side, or else.

i hope my english language clear and should be easy for your smart brain
take what you can take, before market take it back
  • #58
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  • Feb 20, 2015 1:53am Feb 20, 2015 1:53am
Ever.E.Man,
Greece has borrowed money from banks and much more from French banks I learned when they had to ask for the bail out.And there were a lot of ' ordinary' people holding Greek bonds.. Who then were the creditors to encourage them to pay for olympics with money they did not have?
And why do German companies get work? Because they deliver and can pay the money corrupt civil servants and the like ask for to get them in the bidding. I was in Greece on holidays a few years ago, before they were officially broke-the waiters helped themselves to their tips! And not only one of them. But I have known a lot of Greek people over the years (I am in my fifties ) in Germany and here in the UK and we held each other in high esteem, like US Americans, English, Irish, Spaniards.....
I know of only one nation not having engaged in wars and atrocities including extinguishing the native population:Ireland, the southern Irish.
There must be a good reason why the Judaic religions explicitly prohibited toe taking of interest. It also means there are no creditors. There must be other forms of financing. You would not want o become a business partner to finance if you did not like the standards and practices and products/business of the company/person asking for an investment . Would you.?Because you shared the risk and your risk would be the bigger the less capital and the less viable the business already has.
So let us try to be a bit more groswn up, please.
  • #59
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  • Feb 20, 2015 1:53am Feb 20, 2015 1:53am
just add,,

http://en.wikipedia.org/wiki/File:Greek_debt_and_EU_average_since_1977.png

http://en.wikipedia.org/wiki/File:GRSchuKriseEngl.png

compare and figure out your self
take what you can take, before market take it back
  • #60
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  • Feb 20, 2015 4:49am Feb 20, 2015 4:49am
I am Germany.
First i attack your country and with the help of the Turks, i steal all the gold of the Anatolian Greeks from the Anatolian Bank and Greek Anatolia which is ofcourse now West Turkey and kill all the Greeks. I also steal trillions of artifacts and share them with Austria
Then i make the Bundesbank and also get unbelievably big loans from USA and the countries i attacked. I litterallly owe my whole existence to others.

Then i except all the remaining Greek immigrants to boost my production and organise my country with the help of USA.
I create a two level society hiding the nazis as ordinary individuals and use them in government.

At the same time the lazy Greeks are actually the second in growth after Japan (1950-1957). In only seven years, industry is been created, no matter the destruction i caused them. Fucking Greeks.

Thank Odin that the Americans forced the Cooper Agreement on their government so that they hide all the resources of their land from their own people. We do not want them to get big again. Coincidence that the Cooper Agreement ended in 2010.
Then (after 1958) interventions of CIA and Mosad brought hunta. Ok, now i have some peace in my mind to convince the people how moral and great i am by technology and hidden diplomacy but not true attitude. One reason for world wars was the control of the mediterranean anyway.

I also steal the technological advancements of the Greeks (example 1954 - the first fully functionable hydrogen car created in Greece by professor George Giolvas). Lets get those plans to USA, shall we?

Then i create the E.U. and i am the TROJAN HORSE by making deals with participants to get my production by giving them loans and de-industrialise them.
Now we are talking.

Most countries cook their books and have immense loans now. Good for me. I give loans to the countries, i pay off the governements by blackmail, they hire German corporations for their work, the money come back to me and the others owe me more. How smart am i?

I also steal from my own people the Germans, saying to them that i give help and solidarity to others. So the money flow through the countries that owe and come back to my elit. I make the people of the countries hate each other and humiliate them also.
Oooh, i am loving me.

Through propaganda i direct the minds of the people to hate whoever i want. Now the Greeks. No-one thinks and researches enough to find out that my satellites are actually more corrupt.

Austria has the most closed banking system of the planet. More than Switzerland.
Switzerland remains always neutral and gives high salaries to the people by manipulating the capital flows no matter how illegal.
Luxemburg has less population of Greece and ows 1.2 Trillion but they are my people and manipulate my taxes.
Lichtenstein is my tax heaven for my elite, but lets accuse Cyprus for that, so that we attack the Russians that work with them.
Most countries have immense debt to the trillions, their production doesn't cover it, the Greek debt is nothing, i just hate them.
People die every day and and no one disputes me because i wear beautiful suits and make cars.

I Germany together with the USA are the biggest parasites of the world and in 200 years we have actually killed a whole planet population.
We suck the resources from all over the world and accuse others for it.

WE ARE SOOOO INTELLIGENT. xoxoxoxoxo to ourselves.
  • #61
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  • Feb 20, 2015 5:03am Feb 20, 2015 5:03am
So who are the good guys then?
  • #62
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  • Feb 20, 2015 5:11am Feb 20, 2015 5:11am
Quoting Elisabeth
So who are the good guys then?
Only monks naked in the mountains.
  • #63
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  • Feb 20, 2015 7:21am Feb 20, 2015 7:21am
  •  Trader#DC49
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Quoting P.i.P
I am Germany......blablabla.......
I am P.i.P the greek oracle, twisting truth and bending reality. The defender of greek genius and the avenger of my bereaved ancestors. through us western society began, through us it shall end....

lol...you really must be a troubled soul
  • #64
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  • Feb 20, 2015 8:18am Feb 20, 2015 8:18am
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Quoting Ever E. Man
You're joking, right? They've run it from the very beginning, & drew France in for support by promising it political power.

Merkel seems to be a master at setting up power-sharing situations & then finding a way to get all the power herself. (She was first co-chancellor until she edged the other guy out.)

The German exports are over half of their GDP, so they have to keep exporting for their economy to thrive. Most go to the EU countries.

The EUR was the German solution to the strong Dmark making their exports too expensive when the...
It is a widely known fact that Germany was against the introduction of the Euro in 2001. They believed it was too early to take that step. Germany was forced into the monetary union by France especially as a concession to the reunification. Do some research!

The trouble is that it doesn't matter what Germany does, they always will be blamed.

If Germany leads the Eurozone politically, how come the EZB has introduced quantitative easening. Germany is heavilly against that?


Germany was doing well pre Euro, Germany is doing well now and even would do well post Euro.
  • #65
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  • Feb 20, 2015 8:31am Feb 20, 2015 8:31am
Quoting Guest
I am P.i.P the greek oracle, twisting truth and bending reality. The defender of greek genius and the avenger of my bereaved ancestors. through us western society began, through us it shall end....

lol...you really must be a troubled soul
I am quite certain that this thing you call western society did not begin from the Greeks.
Thank God.

The accomplishments of this civilization are all your own. The Greeks never had an offensive colonial policy and grew only through trade. All Greek cities around the world were mostly built by acceptance of the native populations and all cultures were respected. There were bad ages in History as with every country, but Greeks mostly fought between them than hurt others.

How about opening a book or two....

Only the murderers thrive today.

You know it is very enjoyable to see that the only arguments people like you have ,are based only on vague, arbitrary, shallow insults. Exactly as the anti-Greek propaganda at the beginning of the crisis.
  • #66
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  • Feb 20, 2015 8:42am Feb 20, 2015 8:42am
Quoting redfx1989
dear my smart and beloved Macdon

it is DEBT.. not odios debt
but what ever you call it or descripting it,,, Greece have to pay it one day, and they unable to pay it now, and instead choose to be fail and out from EZ, Greece requesting more loan extension.

you maybe think it good for greece if they get more loan extension ?? and stay with EZ ??
no it is bad,, good only for short term,, think about next year ? they pay with what ? stone ?
and what they gonna do next year ? asking anothers loan to ECB ?
germany already boring paying...
....its about credibility man....Greece's credibility... no matter who made or inherits the debt...otherwise don't take the money in the 1st place....you take money you must pay otherwise next time around....no money for you, simple as that? Nothing's for free..man !
  • #67
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  • Feb 20, 2015 8:45am Feb 20, 2015 8:45am
Quoting fxbombardier
....its about credibility man....Greece's credibility... no matter who made or inherits the debt...otherwise don't take the money in the 1st place....you take money you must pay otherwise next time around....no money for you, simple as that? Nothing's for free..man !
What do you mean credibility? I don't see it. They share the same CB i.e. ECB. Didn't you know that? It's like borrowing from big brother. They don't have debt with your country. So, don't interfere with their family. Smartarse!
  • #68
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  • Feb 20, 2015 3:12pm Feb 20, 2015 3:12pm
  •  Trader#DC49
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Quoting P.i.P
...
Then i make the Bundesbank and also get unbelievably big loans from USA and the countries i attacked. I litterallly owe my whole existence to others.
Are you refering to the Marshall Plan? The Marshall Plan was 12.7 Billion heavy, roughly 130 billion in todays money for all of war destroyed Western Europe. Greece since 2010 has received 240 billion to prevent bankrupcy
  • #69
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  • Feb 20, 2015 6:52pm Feb 20, 2015 6:52pm
Quoting P.i.P
The accomplishments of this civilization are all your own. The Greeks never had an offensive colonial policy and grew only through trade. All Greek cities around the world were mostly built by acceptance of the native populations and all cultures were respected. There were bad ages in History as with every country, but Greeks mostly fought between them than hurt others.

How about opening a book or two....
I did. And I know Greeks. Opportunist swindlers and liars. Just like easterners. Give them money, and kiss good by to it.
I do not want to argue with you here about history, doesn't belong here anyways, but in my experience I don't believe a word from a Greek, including you. Greece simply screwed the Germans, or whoever they accuse for theres own theft...
There will be poor people, and they always will have hard time. It is not that story, but the usual: Some idiot gave us money... and of course we spent it...
  • #70
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  • Feb 20, 2015 8:21pm Feb 20, 2015 8:21pm
Greece is thinking of moving out of EU simply because of feeling ashamed to what had happened to the bailout money. Greeks failed to prudently utilise and screwed every single cent. Greece need to make political reform and wake up again in order to survive. Or Greece will declare bankruptcy, which would not benefit anyone. That's the reason the Germans refuse to give any more money, just like pouring salt into the sea.
  • #71
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  • Feb 24, 2015 7:11am Feb 24, 2015 7:11am
Quoting laszlo-1
Greece simply screwed the Germans
Ok, man.
No point continuing.

Thanks
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