Macdon, there are solutions, and we must bring them to light, even if it is difficult to see them materialize, at least help us to see clearly the situation
Greece News and Japanese Intervention 1 reply
Irish government bonds are crashing - buckle up for a New Greece event 1 reply
DislikedIt is not just Greece that pose as a major problem to the euro... So even if they fix Greece they still have problems like Spain. 20% unemployment is worse than what the USA ever was.... See the link below...
http://www.marketwatch.com/story/spa...?siteid=YAHOOBIgnored
DislikedI am getting tired about the Greece situation there is all that people is talking about. They need to make a decision, but they need to make it right now, because all the wait is making the markets crazy. So I really think they will help Greece but they should really tell it now, so investors know the conditions of the help.Ignored
DislikedI'm a little bit surprised that there is so much selling pressure on e/u in the last days - I expected a small recovery...but the market makes the trendIgnored
DislikedThe problem is not just Greece...
Spain, Portugal, Romania and other southern countries of the euro currency all have VERY significant financial problems (Greece is just the worst).
The euro is presently strongly over valued in my opinion, as it's just that until very recently, the whole world has concentrated on the strongest economy (Germany) within the zone to determine the Euros value. This obviously ignores common sense, but, try and think of a time where financial competency has ever been used for countries other than Germany (and...Ignored
DislikedYou seem to forget, some of the FUKS countries are in a worse or as bad shape as Greece. UK – has a debt similar to Greece, but is better enabled to cope with it because of the fact that they have *their own* currency. Iceland is bankrupt and another FUKS country, Sweden was in a similar to Greece in the 90s but they too had control of *their own* currency.
To assist Greece, the euro should be devalued and interest rates rise dramatically. Oh yeah and kick those commies out. AFAIC, communism should be outlawed as it’s a political form of theft....Ignored
Dislikedhttp://www.faz.net/s/Rub09A305833E12...~Sspezial.html
Prof. Franz Jaeger from the University of St. Gallen says that Greece has to left the EurozoneIgnored
DislikedI do understand that a large portion of the problem lays with the Greeks themselves, but, as always there's a lot more to it than meets the eye, Greece was stripped from very viable industry early on joining EU, and the common currency idea was a negative for the poorer countries.
If you really think the EU is doing Greece a "favor" getting it out of the mess, think again, only a bit deeper this time, there's no free favors in this world.Ignored