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  • It only took two days for everyone to realise that the Greek vote was totally pointless

    From businessinsider.com

    Greeks rejoiced when their Syriza-led government let them decide their own fate by giving them a vote on whether to accept the bailout the European Union was offering them. But two days later, it is looking as if the referendum was completely pointless. That's because all the referendum has done is put Greece in its worst position yet in its ongoing debt crisis. The announcement of the referendum immediately triggered strict capital controls — a closure of the banks, with limits on depositors' cash transfers and how much they can take out of ATMs — and still the country is down to its last €500 million ($772.6 ... (full story)

lol...
Nothing to say
Tsipras will make the deal, not today in Brussels, but tomorrow at Ufa.
  •  Guest
  • | IP XXX.XXX.142.126
oxi became tOXIc
Quoting Kis Zoltan
Tsipras will make the deal, not today in Brussels, but tomorrow at Ufa.
Didn't he insult his people? How much he got personally in return?
I see that "European Commission President Jean-Claude Juncker confirmed what many people were thinking today. He says the referendum result is "no longer valid":

The Greek Prime Minister knows that the question asked in the Greek vote was no longer valid. I'm against a Grexit but we must discuss what 'respecting the Greek vote' means ... I'm very saddened that the Greek delegation left the negotiating table — you don't do that in Europe. It was a big mistake. We must try and find a solution."

Juncker is playing the fool. He knows very well that the package given to the Greek people to decide at the referendum had only a minor difference, e.g. in the VAT proposed for a sector of the economy, as compared with the proposal that was on the table as of the referendum date.

However, I am surprised with the brains that the good journalist, Ms Brinded, has; in her opinion, the phrases "the referendum result is no longer valid" and "the question asked at the referendum is no longer valid" are equivalent. Hasn't she ever taken the GRE or the GMAT? There are a lot of reading comprehension questions there and she could take the advantage to improve herself in this domain.

Anyway, despite the -indeed existing but minor- technical problems, the referendum result was very clearly denoting Greek people's will. Everyone -except, perhaps, Juncker- know what the "no" vote means and whether it is valid or not.
The whole vote was pointless!! Either way, if they stay in the Euro or leave the Euro Greece has or will be forced to change. They don't understand that yet????
Quoting Guest
oxi became tOXIc
Nice, but it's not only a contagion, but a damage to IMF, ECB...
  •  Guest
  • | IP XXX.XXX.222.223
Exactly my sentiments....

The referendum was a misplaced purpose.
Quoting speculant
fak da faking greeks...borrowed 300 bill eur so far...regular pension in greece is 2k euro...in bulgaria and romania- 100 euro ..why feel sorry for them...fak them...now its payback time u lazy cunts...spain is next.....learn to work or fak off u lazy idiots...
I will only point out that the average pension in Greece is less than 800 euros, not 2k (for the "regular"as you call it, one). The rest shows accurately who you are.

PS. The correct spelling is "fuck".
Im afraid Tsipras will go down in history as the man who through his naive idealism, thirst for power, arrogance, inexperience and myopia ruined his country, left his most vulnerable destitute and seriously damaged his European neighbors and the currency union which his predecessors lied, cheated entry to and membership of; whose aid and attempts to help with in a responsible framework he has treated with contempt.

As things now stand, hes lost his country 90% of the friends his country had.
Quoting dionyssus
I will only point out that the average pension in Greece is less than 800 euros, not 2k (for the "regular"as you call it, one). The rest shows accurately who you are.

PS. The correct spelling is "fuck".
The message is GREEKS STICK TOGETHER....
:-):-):-) its heating up around here! Who else thinks Greece might be invited to Ufa tomorrow?
@cliffedwards succinct summation

although I would hazard that the 25% are now more "associates" than friends

as they have their own political careers to think of moreso now after this.
Quoting cliffedwards
Im afraid Tsipras will go down in history as the man who through his naive idealism, thirst for power, arrogance, inexperience and myopia ruined his country, left his most vulnerable destitute and seriously damaged his European neighbors whose aid and attempts to help with in a responsible framework he has treated with contempt.

As things now stand, hes lost his country 75% of the friends his country had.
Very True.

"You don't cut off the hand that feeds you"
No matter how hard it is.
@zax.. @sniper..
hell you guys
are FAST! was editing.. lol.
Imo the referendum was the equivalent of asking a child if they wanted you to take away their sweets or not and the timing of it was just fkin ridiculous.

If capital controls were cancelled tomorrow do you think anyone in their right mind wouldn't withdraw all they had and keep it under their beds instead?
Average old age statutory pension for men Euro 931 and for women Euro 521 in 2010!
These southern countries are like a 5 year old child. Show them a better toy and they'll love you.
Yes Greeks stick together but for what? Only to pass by their obligatory to pay back borrowed money??? What steps has Greece made (and I mean "really made") to show to the rest of Europe, that they are willing to change things?
In their "vote NO" they see only another wellfare life.
Just another example on how the media has adopted the propaganda campaign of the technocrat politicians and bankers. Instil fear into society in order to exert your will! Good on you lads go for it....how long do you think your game will last before the people of the worlds stand up. Portugal Spain, Italy, Ireland and possibly France will stand up and when they do what will the technocrats say then? Good on you Greece lead the way and stay strong without fear. Argentina defaulted and recapitalised there banks and they are fine now! Iceland too wouldnt stand the threats and they too are going fine. They even charged their corrupt politicians and bankers for doing exactly what the eu is trying to do to Greece.
Quoting cliffedwards
@zax..
hell you are FAST! was editing.. lol.

What can I say I'm bored ....came in early to nail the RBA rate decision
made quota, just waiting to finish up
If these countries do that then they will fall on really hard times.
Iceland and Argentina have their own currency but Argentina is no paradise.
Quoting PhoenixGR
J before the people of the worlds stand up.
Sorry couldn't resist

.....worlds? do you know something we don't?
Quoting Elisabeth
If these countries do that then they will fall on really hard times.
Iceland and Argentina have their own currency but Argentina is no paradise.
I can second that one, in argentina just buying a food you had to be fast as the prices went up while you were waiting in line........teach me to take a self catering holiday
Quoting iscalp
The message is GREEKS STICK TOGETHER....
Yes Sir.
For
Unlawful
Carnal
Knowledge

Just sayin'
The referendum was only going to matter if they voted Yes and accepted the deal or they voted No and EU throw Greece out of EU. But what we have is something in between and nothing really has changed from prior to the referendum.
Quoting Sniper2000
Very True.

"You don't cut off the hand that feeds you"
No matter how hard it is.
Who feed who? ECB feeds Greece? I bet you don't read the article, or you read but you don't understand.

So, let me paste it here. See you can get it.

"The referendum did not make its requirement to repay €240 billion ($266 billion) of loans from Eurozone creditors and the IMF disappear. It still has to make those payments. Only now it has managed to cripple itself by taking itself away from the negotiating table, as Juncker put it."
Quoting PhoenixGR
Just another example on how the media has adopted the propaganda campaign of the technocrat politicians and bankers. Instil fear into society in order to exert your will! Good on you lads go for it....how long do you think your game will last before the people of the worlds stand up. Portugal Spain, Italy, Ireland and possibly France will stand up and when they do what will the technocrats say then? Good on you Greece lead the way and stay strong without fear. Argentina defaulted and recapitalised there banks and they are fine now! Iceland too wouldnt...
But let's think for a minute in that line. The technocrats are basically saying "we can't spend more that we earn, otherwise we borrow and swamp into debts" - since when sound economic logic became twisted and perverted line of thinking?
Quoting dionyssus
Yes Sir.
But stick prudently, not crowdly :-).
wow, if this is true they're not letting greece leave...
  • Post #31
  • Quote
  • Edited at 11:45am Jul 7, 2015 11:31am | Edited at 11:45am
@frx_trader

quote : Who feed who? ECB feeds Greece?


Yes. Right now the ECB ELA is all thats allowing availability of any money through the Greek banking system.

money?/?.. you know like IDR .. what you need to buy food?/?.
Quoting cliffedwards
@frx_trader

quote : Who feed who? ECB feeds Greece? I bet you don't read the article, or you read but you don't understand.

Yes. Right now the ECB ELA is all thats allowing availability of any money through the Greek banking system.

money?/?.. you know like IDR .. what you need to buy food?/?.
They call debts, my friend. Yeah, because they surrendered their currency for Euro which is governed by ECB. Now, ECB refuses to give them loans, so they can survive.

Let me ask you, will you help a person to survive? So, will ECB help or not? Maybe, they will, but they have to be paid back.

Another question: If you help a person to survive, will you ask to be paid back?

Oh, I don't have to lecture you. Go and study some more, maybe someday you will understand.
All that has happened so far people is posturing. Greece has postured PRE default for elbow room to sort their shit out.

The ECB is the one which is much more fucked than Greece, because the ECB is looking around at many other countries in similar situations.

What happens with Greece sets a precedent for what other countries could and would do. So the ECB is playing hard ball so as to not get screwed over by all the other countries that are in the shit too.

And the ECB KNOWS that a Greek walk away from the Euro Zone means that hundreds of billions have to get written OFF as NOT EVER GOING TO BE COLLECTED! A hundreds of billions write off, with no ability to send in tanks or troops to seize and sell off assets.

It was the ECB funding Greek with just phony paper money that they printed in the first place!

The referendum gave the Greek Govt every democratic RIGHT to play as hard a ball as they want!

The referendum was a very smart play, for all of the world to see.

ECB 0: Greece 1
Quoting frx_trader
They call debts, my friend. Yeah, because they surrendered their currency for Euro which is governed by ECB. Now, ECB refuses to give them loans, so they can survive.

Let me ask you, will you help a person to survive? So, will ECB help or not? Maybe, they will, but they have to be paid back.

Another question: If you help a person to survive, will you ask to be paid back?

Oh, I don't have to lecture you. Go and study some more, maybe someday you will understand.

@frx_trader..

you appear somewhat misguided about the EZ accounting practice.
Euro notes issued by ECB to member central banks are debited to that countries account. They represent a debt to the ECB. Each EZ CB has a balance account with ECB.

Your point escapes me. The basis for Stability fund payments are strictly regulated.
It is NOT in the power of the ECB to exceed its mandate in this.
It astonishes me how many commentators here appear to misunderstand the way in which the EZ and in particular the ECB operates?

Oh and and you are SO right..you dont have to lecture me.
Please feel free not to.

LoL
Quoting cliffedwards
@frx_trader..

you appear somewhat misguided about the EZ accounting practice.
Euro notes issued by ECB to member central banks are debited to that countries account. They represent a debt to the ECB. Each EZ CB has a balance account with ECB.

Your point escapes me. The basis for Stability fund payments are strictly regulated.
It is NOT in the power of the ECB to exceed its mandate in this.
It astonishes me how many commentators here appear to misunderstand the way in which the EZ and in particular the ECB operates?

Oh and and you are...
You are darn right, more intelligent than I thought. So, why don't you give a solution to this?
Quoting iscalp
The message is GREEKS STICK TOGETHER....
thats fine and you can suffer together as well you greeks is smart
they can act tough all they want we all know eventually greece will cave and they will stay in the euro oh and that vote thingy ehh never mind
Quoting michaelpelly
But stick prudently, not crowdly :-).
Hi dear friend, point taken.
Quoting rockinrich
thats fine and you can suffer together as well you greeks is smart
Next time we will give you, Schulz and Schäuble a Power of Attorney to vote for us, as you apparently think you are smarter.
Quoting dionyssus
Next time we will give you, Schulz and Schäuble a Power of Attorney to vote for us, as you apparently think you are smarter.
the greek people voted to basically tell the eurozone to f off and they are still trying to work a deal the vote was a waste of time and it shows what they think of the peoples will but in the end greece has no choice but to stay in and pay their f'ing bills
Quoting rockinrich
the greek people voted to basically tell the eurozone to f off and they are still trying to work a deal the vote was a waste of time and it shows what they think of the peoples will but in the end greece has no choice but to stay in and pay their f'ing bills
I have a different opinion; Greece cannot sustain for long a hard currency like the euro and will eventually have to revert to its own, individual currency.
Quoting frx_trader
They call debts, my friend. Yeah, because they surrendered their currency for Euro which is governed by ECB. Now, ECB refuses to give them loans, so they can survive.

Let me ask you, will you help a person to survive? So, will ECB help or not? Maybe, they will, but they have to be paid back.

Another question: If you help a person to survive, will you ask to be paid back?

Oh, I don't have to lecture you. Go and study some more, maybe someday you will understand.
ECB has helped them for 5 years now...
Put less Tzatsiki, I'll take it for take-out this time. Thanks bye
Quoting rockinrich
the greek people voted to basically tell the eurozone to f off and they are still trying to work a deal the vote was a waste of time and it shows what they think of the peoples will but in the end greece has no choice but to stay in and pay their f'ing bills
Wake up mate and realise that it is not the Greek people that borrowed the money. The money went to bail out the banks just like in the US when "the banks were to big to fail". The banks that were bailed out in Greece - Einstein if you really want to know are in fact German and French backed (owned that is)....so yes thats right Brains the EU (Germany) bailed out there own interests in Greece and got the Greek government to guarantee the debt! The burden then falls on the Greek people (via taxes) to pay off the Technocrats debt! How about you research and learn rather than being a minion who follows what the technocratic owned media wants you to believe. Better still since you agree with people paying off other peoples debts why dont you pay of mine!
Quoting michaelpelly
But let's think for a minute in that line. The technocrats are basically saying "we can't spend more that we earn, otherwise we borrow and swamp into debts" - since when sound economic logic became twisted and perverted line of thinking?
Read my above post! Its outright theft and extortion....nothing different to what the Nazis try to do in WW2 but this time rather than military war it is economic with their ultimate goal of conquest. As Winston Churchill rightfully said....Germany needs to be bombed every 50 years....dont ask me to tell you why they know the reason!
Quoting Elisabeth
ECB has helped them for 5 years now...
Elisabeth, They will have to continue helping for another 10 years. Just don't complain. It's their job.
Quoting Tony112
Put less Tzatsiki, I'll take it for take-out this time. Thanks bye
A wise comment from a high impact member.

What do you use for adding spice in your place? Guacamole?
Quoting PhoenixGR
Read my above post! Its outright theft and extortion....nothing different to what the Nazis try to do in WW2 but this time rather than military war it is economic with their ultimate goal of conquest. As Winston Churchill rightfully said....Germany needs to be bombed every 50 years....dont ask me to tell you why they know the reason!
Hi there πατριώτη,

Don't tell such things on the forum; German Senior Members lurk to suspend you. This is not a joke; it happened to me a few months ago by a German who thought he belonged in the so-called Aryan "race".
If Greece stays in Euro, Then somebody should give liquidity to banks to run them and launch a routine work but where did it come from and If people says "NO" then Why Govt. should pay and If still bailout is compromised then public would demand answers from Tsipras and either way he has to resign.

Big Confusion for him. Is thats all he really wanna do.
Quoting dancingphil
The referendum gave the Greek Govt every democratic RIGHT to play as hard a ball as they want!
Hi Phil, nobody seems to understand you..
crying with laughter!!
Quoting frx_trader
Who feed who? ECB feeds Greece? I bet you don't read the article, or you read but you don't understand.

So, let me paste it here. See you can get it.

"The referendum did not make its requirement to repay €240 billion ($266 billion) of loans from Eurozone creditors and the IMF disappear. It still has to make those payments. Only now it has managed to cripple itself by taking itself away from the negotiating table, as Juncker put it."
You are correct but try telling that to the Greek people on the street who think otherwise.
I hope the PM is still paying the army otherwise I think you will find a military coup happening.
I don't think the Euro would like that.
Greece has been down that track before.
Quoting dancingphil
The referendum gave the Greek Govt every democratic RIGHT to play as hard a ball as they want!
Unfortunately, politics and rights go both ways. The referendum gives the other negotiation party democratic RIGHT to play hard ball all they want as well. And frankly - I don't see their (the institutions) ATMs running dry...

So we can chew semantics here all day long, but realities will bite soon.
Quoting michaelpelly
The referendum gives the other negotiation party democratic RIGHT to play hard ball all they want as well.
Nikolay, hi again,

Could you explain the above? I guess by "the other party" you mean the creditors.
Quoting PhoenixGR
Just another example on how the media has adopted the propaganda campaign of the technocrat politicians and bankers. Instil fear into society in order to exert your will! Good on you lads go for it....how long do you think your game will last before the people of the worlds stand up. Portugal Spain, Italy, Ireland and possibly France will stand up and when they do what will the technocrats say then? Good on you Greece lead the way and stay strong without fear. Argentina defaulted and recapitalised there banks and they are fine now! Iceland too wouldnt...
As I said many times during all those discussions - the negotiation point "give us more or our bankruptcy will shake your tree" is not a good strategy. Greek PM and former greek finmin were riding this line of negotiation for too long last 5 months. This led to hardened tone in most of the Eurogroup finance ministers, and is basically non constructive strategy - more like USSR foreign policy during the Cold War (and needless to say where USSR stays now - in history books). Western governments like constructive tone - even if all sides know that it is a cynical crap and they have to renegotiate later (sometimes even under the table). This direct confrontation is doomed to fail. The only bright hope is now the new negotiations leader from the Greece side - he seems more tolerant and moderate.
Quoting dionyssus
Nikolay, hi again,

Could you explain the above? I guess by "the other party" you mean the creditors.
Correct. I'm just saying that in politics everyone is right and all phrasing can be applied where deemed necessary - even same phrasing with quite the opposite effect. Trying to put the eyes on the Eurogroup finance ministers, the ECB counsel members and the greedy eyes of the IMF :-).
Quoting michaelpelly
Correct. I'm just saying that in politics everyone is right and all phrasing can be applied where deemed necessary - even same phrasing with quite the opposite effect. Trying to put the eyes on the Eurogroup finance ministers, the ECB counsel members and the greedy eyes of the IMF :-).
OK, understood (sorry for the delay, but I was out to take away some gyro).

Your reference to IMF and its greed gives me the incentive to risk another projection (following the one re the referendum outcome): I suspect that the solution will finally come by the IMF; I think it is not coincidental that they, only a few days ago, proposed a 30% debt haircut. I keep this in mind together with what I told you in our private mails' exchange.
I think more important questions to ask are: Now what? What's the next step for Greece?

I think the next step for Greece and really for many of the other troubled economies in the EU (they know who they are) is really exiting from the EU and go back to their own currency. EU currently is still valued according to the stronger economies in the EU and is really not reflecting the overall economic state of all of its members thus it's too expensive for all the weaker economies in EU. And as a result, it's reduced sharply the competitiveness of these poorer countries' export and all they have become is really free importers for the rest of the world without being able to sell anything of their own to make money. And the rest of the world via IMF, EU and etc., are basically giving them money via bailout so they can afford to continue to buy goods & services from the rest of the EU countries and the world. That is not really fair to them. They need to be able to stand on their own feet and make money with a currency that allows them to achieve price competitiveness in the world market. And if that means leaving the EU, then so be it otherwise they are benefiting from the EU membership.

There is only ONE way for these countries with the weaker economy to remain in EU - that is for the Euro to become a two-tiered or multi-tiered currency where Euro would take on different exchange rates vs the rest of the world and each other in the EU for different countries in the EU. So that way, each of the countries would have a level of exchange rate for the Euro that reflects appropriately their own economic state. This multi-tiered currency system has existed in many countries in various times and has worked quite well because it allows for flexibility to accommodate all economic scenarios.

This One-Size-Fits-All currency really doesn't work for everybody.
no more democracy today,, democracy is not people free will anymore, election and vote is no more than politic tool, using name of freedom and democracy,
happen to all goverment in this world..

so tragic,, athene is place where democracy ideology born
Quoting PhoenixGR
Wake up mate and realise that it is not the Greek people that borrowed the money. The money went to bail out the banks just like in the US when "the banks were to big to fail". The banks that were bailed out in Greece - Einstein if you really want to know are in fact German and French backed (owned that is)....so yes thats right Brains the EU (Germany) bailed out there own interests in Greece and got the Greek government to guarantee the debt! The burden then falls on the Greek people (via taxes) to pay off the Technocrats debt! How about you research...
wow,"mate" all i was saying was that the vote was a waste of time they had people vote and they are still trying to work a deal the vote didnt mean squat and they arent going to allow greece to leave the euro because theres alot more involved than they are letting on if they do "minion"
This may be a little simple of a explanation, but I see it like this.

The money loaned to 'Greece' was actually used to unwind the debt positions of the various banks that held the Greek debt, not to the country itself.

This debt was transferred to the Greek people, effectively handing the German and French (and others) banks who issued the loans a "get out of jail free" card on their risk.

Now, the Greeks don't want to pay up. The stone has been squeezed dry, and austerity just isn't working. They have had enough of paying for the mistakes of previous governments.

In one corner you have a democratically elected government who's entire policy rests on anti-austerity (reflecting the will of the people, in this case) verses the EU, who have every reason to portray the Greek gov as incompetent/destabilizing etc.

Who wins? Both have a lot to lose, however I think the EU have far more to lose by Grexit than Greece does in the long term. Greece will suffer deeply but it will rebound. Europe, well who knows there. The amount of public debt is startling.
Quoting dionyssus
I have a different opinion; Greece cannot sustain for long a hard currency like the euro and will eventually have to revert to its own, individual currency.
I agree. However, a devalued currency will only go so far to aid Ina recovery. Without making the necessary internal reforms regarding taxation, privatizing inefficient state owned assets, opening protected industry and bid rigging for state contracts, and finally stamping out the rampant corruption, they will incur even higher levels of debt at much higher interest rates given the risk premiums that will come with attracting international investment. Greece does not have the ability to finance the recovery themselves.

This all goes back to my firm belief that the European Union should have stayed a trade union and political alliance, and that a common currency, without common fiscal policies, taxation, social welfare costs etc is doomed to fail. I strongly believe that the competitiveness of the majority of the member states would increase if they had their own currency. I do not think European countries will give up fiscal control of their own countries.
Quoting Sniper2000
You are correct but try telling that to the Greek people on the street who think otherwise.
I hope the PM is still paying the army otherwise I think you will find a military coup happening.
I don't think the Euro would like that.
Greece has been down that track before.
You are childish and ignorant especially. Where did I ever hint at the things you wrote? You are just impossible to have meaningful discussion with.
Quoting rockinrich
wow,"mate" all i was saying was that the vote was a waste of time they had people vote and they are still trying to work a deal the vote didnt mean squat and they arent going to allow greece to leave the euro because theres alot more involved than they are letting on if they do "minion"
You were saying and insinuating a bit more than that bud!
Quoting dionyssus
Hi there πατριώτη,

Don't tell such things on the forum; German Senior Members lurk to suspend you. This is not a joke; it happened to me a few months ago by a German who thought he belonged in the so-called Aryan "race".
A big hello from Australia megale! Sta logia tou Kazantzaki....pestous that tous gamiso kai na mou klasoun ta arhidia i germani. Pos ta pernas?
Quoting PhoenixGR
You were saying and insinuating a bit more than that bud!
my apologies didn't mean to offend
  • Post #67
  • Quote
  • Edited at 3:51pm Jul 8, 2015 11:44am | Edited at 3:51pm
Quoting scottik187
This may be a little simple of a explanation, but I see it like this.

The money loaned to 'Greece' was actually used to unwind the debt positions of the various banks that held the Greek debt, not to the country itself.

This debt was transferred to the Greek people, effectively handing the German and French (and others) banks who issued the loans a "get out of jail free" card on their risk.

Now, the Greeks don't want to pay up. The stone has been squeezed dry, and austerity just isn't working. They have had enough of paying for the mistakes...
This is actually quite a good summary.

I could add, however, that the taxpayers of Germany and France, in particular, also were lumbered with these debts - debts which were originally held by the large corporate banks in Europe and Goldman Sachs of the US.

These private banks, in the end, showed that they only like capitalism when it suits them, as they were not prepared to accept the risk, which is the hallmark of any 'normal' commercial transaction. This was/is not an accident, as these private interests have always tacitly operated on the basis that, if they fell into hard times, State authorities would (have to) deem them to be "Too big to fail".

In fact, one could easily argue that they absolutely love Socialism - they survive only because we have allowed them to design commerce so that we accept giant monopolies like them, and to allow them to get away with "The privatisation of profits and the socialisation of (their) losses".

There is now little doubt that one chief reason Greece and other countries fell so deeply down a hole was the irresponsible lending practices of these private institutions. Their insurance was not good risk management through the application of sound lending disciplines, but their "Too Big to Fail" status.

Thus, the post 2008-9 and later debt transfers that occurred were from the corporate banks to the tax-payers of Europe.

Don't ya just luv the way they do business?
  • Post #68
  • Quote
  • Edited at 12:15pm Jul 8, 2015 11:53am | Edited at 12:15pm
'Guy' tells Tsipras what to do hilarous vid ll.

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  • Post #69
  • Quote
  • Edited at 12:56pm Jul 8, 2015 12:36pm | Edited at 12:56pm
Quoting barkie
'Guy' tells Tsipras what to do hilarous vid lol.

https://www.youtube.com/watch?t=454&v=P84tN0z4jqM
Did you notice that there were 18 "OXI/NO" signs in front of the seated delegates and that these delegates and many others did not applaud Guy Verhofstadt (MEP for Belgium) when he finished his animated speech?

It is enough to know that, once you step outside the EC and ECB (the IMF has now distanced itself from this group), there is division in European ranks over Greece.
The media, once again, is lapping up whatever scraps are fed to them.
Quoting phoenixgr
a big hello from australia megale! Sta logia tou kazantzaki....pestous that tous gamiso kai na mou klasoun ta arhidia i germani. Pos ta pernas?
Γεια σου φίλε, να είσαι καλά εκεί που βρίσκεσαι. Περνάω ζόρικα, αλλά το ίδιο ζόρικα περνούσα και πριν το δημοψήφισμα. Πάντως, είμαι διατεθειμένος να δυσκολευτώ για χρόνια ακόμη, αρκεί να μπούμε σε σωστή τροχιά. Τουλάχιστον, υπάρχει κάποια ελπίδα τώρα ότι θα γλυτώσουμε από τους Ευρωπαίους "εταίρους" (μάλλον "εταίρες" θα έπρεπε να λέγονται).
Many of the quotes from this past week (especially those that were removed), reminded my of the character "Roman Moronie", from the movie "Johnnie Dangerously". I thought to post a few below...Enjoy you fargin' bastages!

Inserted Video


Inserted Video
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  • Posted: Jul 7, 2015 9:05am
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    Category: Fundamental Analysis
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