Skip to comments.Stocks Post Loss on Greece, S&P at 3-Month Low
Posted on 05/15/2012 12:41:36 PM PDT by ctdonath2
Yep. Goldwater, Birch, and McCarthy were correct. The tentacles of the enemy within run deep.
The withdrawals have been averaging 2 to 3 billion Euros per month, and today it was 700 million euros in just one day.
Northern Euro is even more broke than we are (Sweden, Netherlands, Finland - even Germany at 184% of GDP, the UK @ 451%, and especially Ireland @ 1,240% - YIKES!!!)
We need about 100,000 people to show up and protest the Bilderberg meeting -- the secretive cabal is meeting at the Westfields Marriott Washington Dulles hotel in Chantilly, Virginia from May 31st to June 3rd.
“It’s gonna take a lot more than just getting rid of Obama, I’m afraid.”
Very true. And I wish more people would see that.
A trillion here, a trillion there; pretty soon you’re talking some real money.
$140-150 trillion; yes, I easily believe those numbers.
It's not that they "have no qualms" about it; it's that they view it as a desirable outcome.
I largely agree, and I live here in Europe (though not in the Eurozone proper).
The departure of Greece is absorbable, if painful, however the EU will let Greece go to serve as an example to the other profligates what’s going to happen to them if they don’t get their act together.
As to Greece, oh yeah, it’s going to suck to be them, especially in the near to medium time frame. Even if the Greeks went to the World Bank/IMF, those guys would likely impose austerity conditions just as harsh, and maybe even harsher. than what the Greeks are currently whining about.
Frankly, the Greeks should count themselves lucky it’s not me they owe these billions to; I’m slightly more draconian than Cosa Nostra when it comes to folks who owe me money. If I were the EU, by this time next week, Greece would be reduced to literal slavery, and the entire country would become a vassal state of it’s creditors. I’d also disarm its military, seize its shipping, impound its airlines. impound its gold reserves, and seize the assets of all Greek nationals living anywhere in the EU, including Greece. By the time I’d be done with them, the only thing left they would have is their lives.
Damn bunch of freeloaders.
A run on the banks of Italy and Spain will occur the moment the EU does not stand behind Greece. This is the problem and it is coming very soon.
I don’t think the article claimed it was in one day. If it did happen in one day,then bank holidays will be scheduled for Monday and Tuesday.
Pulled all the liquid stuff out today. It aint much, but we got it.
I think they went past socialism and into anarchy!
What’s a protest gonna do? There will be much sound and fury signifying nothing when the participants to home.
Nikkei’s continuing its month-long slide right now.
Liberals listening to NPR tell me the economy is bad over there because no one pays taxes... Denial...
Robins, um, ok. But I don’t think you want to go further with “if they’re good enough for the catfish.” The best catfish bait(s)...
Uday and Qusay Hussein would hogue dollars making them extremely expensive on the black market. Then they would release them, Sorros style and make their profits and they would buy them back and make them illegal again.