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Author Topic: Ah, another reason the US probed Swiss banks [Locked]
Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
NuEM posted:

Thanks to conservatives. I don't know what their plan is, but it doesn't seem to be working. Greece is kaputt. Maybe they want it to hit rock bottom and then start "privatizing" everything, which means selling everything for 1 Euro to big fat corporations.

I think its too late for privatization. Banks already had to stick their necks out and are going to lose billions which the intellectually challenged are cheering, why would they invest more at this point? What are you going to privatize? The Great Greek Collective of Brotherhood of Strength Light and Power?

 

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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Rosaria posted:

What are you going to privatize? The Great Greek Collective of Brotherhood of Strength Light and Power?



Well, the Greeks spent a lot of history as slaves to the Romans.

Maybe Germany is getting back into the human trafficking biz?

 

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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
Bjorvald  2 stars
Posts: 334
Registered: 2002-4-5 20:51:00
These bonds are dated 1934? Wouldn't they be long-matured by now?

 

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Bjorvald 9lx healer
Blinknone, various toons on classic
GANKED AGAIN
NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
Rosaria posted:

What are you going to privatize?



Don't be so naïve. There's plenty of assets in Greece, and enough who are drooling at the thought of getting their hands on them for free.

 

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Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
Abaddon_Ambrosius posted:

Rosaria posted:

What are you going to privatize? The Great Greek Collective of Brotherhood of Strength Light and Power?



Well, the Greeks spent a lot of history as slaves to the Romans.


Maybe Germany is getting back into the human trafficking biz?

The only reason Greece is a problem to the EU is that the EU ignored its own laws. Bstulic is right though, you think unemployment is a drag now, wait until Croatia joins.

 

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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
NuEM posted:

Rosaria posted:

What are you going to privatize?



Don't be so naïve. There's plenty of assets in Greece, and enough who are drooling at the thought of getting their hands on them for free.

Okay shoot. List some of their assets.

 

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"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
Rosaria posted:

Okay shoot. List some of their assets.



Whatever let them export goods worth 22 billion Euros in 2011. May not be much, but when you can acquire that basically for free?

If it's not that then what is the plan? Are they just being dumb? Quite possible I admit.

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
yogurt


old rocks


the most advanced mens hair coloring technology


the end
Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
NuEM posted:

Rosaria posted:

Okay shoot. List some of their assets.



Whatever let them export goods worth 22 billion Euros in 2011. May not be much, but when you can acquire that basically for free?


If it's not that then what is the plan? Are they just being dumb? Quite possible I admit.

The plan is for Greece to default and be ejected, or elect to leave, the EU. The EU has spent two years dealing with, and avoiding dealing with, the Greeks. They still have Italy, Spain, and Portugal to work through. They have a time and monetary limited LTRO that has to extend over multiple countries and their banks. Its a Herculean task with or without Greece. It may not feel like it but the rest of the world needs the EU to succeed and be strong. You have to decide if Greece is worth it, both in time intensity and financial cost. The rest of us just have to wait.

 

-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill
Rosaria  2 stars
Title: They call me Mellow Yellow, quite rightly.
Posts: 477
Registered: 2003-8-22 10:07:30
theredkay1 posted:

yogurt


old rocks


the most advanced mens hair coloring technology


the end

 

-----signature-----
"Them Bollinger Bands on the DJIA are starting to look like columns of projectile vomit." ~ Red Pill

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