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The REAL Financial World A place to discuss investments you've made or are considering
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  #1  
Unread 21 Feb 2012, 08:54 AM
yon Beast yon Beast is offline
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Default Greece bailed again

http://www.bbc.co.uk/news/world-europe-17109044

Quote:
Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
Greece will get loans of more than 130bn euros (£110bn; $170bn) and have about 107bn of its debt written off.
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  #2  
Unread 21 Feb 2012, 01:34 PM
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Originally Posted by da Beast View Post
Today's Economics -- Fix Money Problems with More Money '

Nick
  #3  
Unread 21 Feb 2012, 04:35 PM
yon Beast yon Beast is offline
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Someone is out 107 BILLION $
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"He who joyfully marches to music rank and file, has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would surely suffice. This disgrace to civilization should be done away with at once. Heroism at command, how violently I hate all this, how despicable and ignoble war is; I would rather be torn to shreds than be a part of so base an action. It is my conviction that killing under the cloak of war is nothing but an act of murder." (Albert Einstein)
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Unread 21 Feb 2012, 05:32 PM
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Originally Posted by da Beast View Post
Someone is out 107 BILLION $
Bankruptcy is great, isn't it?

It's a Catch-22; thankful when you're the debtor, upset when you're the creditor.

Nick
  #5  
Unread 17 May 2012, 09:44 AM
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Greeks are starting to get their money out of Greek banks and Britain is bracing for a $1,000,000,000,000 (yes, trillion) in losses if/when Greece pulls out of the Euro with that possibly being the first domino in the total collapse of the Eurozone.

Story here.
  #6  
Unread 06 Jun 2012, 03:13 PM
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Greece could be broke as soon as July.

Story here.
  #7  
Unread 19 Jun 2012, 09:17 AM
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Greece voted and the pro-bailout faction won meaning Greece, as of right now, will remain in the Eurozone.

But things are still not well in Greece...

Story here.
  #8  
Unread 21 Jun 2012, 02:59 PM
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With Greece accepting the bailout and the Eurozone still intact ... many global economists begin to note that Germany is in an almost no win situation...damned if they stay in the Eurozone and damned if they don't...making German bonds very unattractive in the financial world which, naturally, effects their economy.

Story here.
  #9  
Unread 14 Nov 2012, 05:30 PM
yon Beast yon Beast is offline
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http://www.cbc.ca/news/world/story/2...austerity.html

things are escalating. people unhappy.

how long until this peaks, and then what?
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"He who joyfully marches to music rank and file, has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would surely suffice. This disgrace to civilization should be done away with at once. Heroism at command, how violently I hate all this, how despicable and ignoble war is; I would rather be torn to shreds than be a part of so base an action. It is my conviction that killing under the cloak of war is nothing but an act of murder." (Albert Einstein)
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