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Greece says it will default in June without aid from lenders
Ekathimerini ^
| 05/24/2015
| Renee Maltezou & Angeliki Koutantou
Posted on 05/24/2015 3:55:41 PM PDT by SeekAndFind
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To: SeekAndFind
You know, I could swear I read some version of this exact thing every month for the last couple years now. Why is this considered news? Dogs eat every day. We mow lawns every day. Birds fly every day. These things are no more newsworthy, surprising or unexpected than the same rehashed groundhog day proclamation about the Greece economy.
To: Leep; mjp
22
posted on
05/24/2015 4:26:07 PM PDT
by
chris37
(Heartless)
To: SeekAndFind
Several decades ago, a kid named William Terry borrowed a dime from me so he could get an ice cream sandwich. The next day he asked for another loan. I reminded him he owed me from the prior day. He said he wouldn't pay me unless I lent him a second time. Gobsmacked, I told the teacher what he was up to. She laid it back on me for lending him money in the first place.
That afternoon, I again asked him for the dime. He replied I would never get it from him. I punched him square in the solar plexus and he crumpled like a dollar bill in a pole dancer's G-string (Laz alert). The school people asked me about it and I told them I'd reported the situation to an adult and was made to understand I had to take care of it myself, which I did. I never heard another word about it.
23
posted on
05/24/2015 4:26:59 PM PDT
by
davius
(You can roll manure in powdered sugar but that don't make it a jelly doughnut.)
To: SeekAndFind
Greece will be fine. The ECB will QE infinity. That way they can be in debt forever!
The masters of the universe have spoken! /sarc
24
posted on
05/24/2015 4:27:59 PM PDT
by
Shadow44
To: davius
Did you get your dime back ?
To: Fungi
looks like Greek pensioners are going to be in for a shock
26
posted on
05/24/2015 4:31:29 PM PDT
by
dp0622
27
posted on
05/24/2015 4:42:22 PM PDT
by
loungitude
(The truth hurts.)
To: fieldmarshaldj
No, but you can’t put a price on getting the universe back in proper order.
28
posted on
05/24/2015 4:45:22 PM PDT
by
davius
(You can roll manure in powdered sugar but that don't make it a jelly doughnut.)
To: The_Republic_Of_Maine
You have to be too big to fail. I guess Greece qualifies.
29
posted on
05/24/2015 4:50:06 PM PDT
by
fhayek
To: dp0622
Can I pay my Visa with my MasterCard?
30
posted on
05/24/2015 4:54:02 PM PDT
by
VTenigma
(The Democratic party is the party of the mathematically challenged)
To: The_Republic_Of_Maine
RE: Wish I could do that with my mortgage holder.
Well, it depends on how much money you owe the mortgage broker.
If it’s a few hundreds of thousands, you are under their mercy.
If it’s a few billion, THEY are under your mercy. :)
To: VTenigma
Lol. well people do buy gift cards with the credit cards lol. I’ve known people who get Visa gift cards off that Walmart cards
32
posted on
05/24/2015 5:05:47 PM PDT
by
dp0622
To: dp0622
It’s time to invest in dog food futures.
33
posted on
05/24/2015 5:07:24 PM PDT
by
Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
To: Farmer Dean
lol. Tried it once when I was drunk and too much younger. It’s awful
34
posted on
05/24/2015 5:11:45 PM PDT
by
dp0622
To: Norm Lenhart
Were just as bad. Everytime our debt is due we scream that we don’t have it. We really can’t complain about Greece.
35
posted on
05/24/2015 5:23:50 PM PDT
by
napscoordinator
(Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
To: truth_seeker
If you are going to take it back to the EEC in 1957, you might as well take it back to the ECSC in 1951.
It all goes back to Otto von Habsburg’s master plan.
36
posted on
05/24/2015 5:25:18 PM PDT
by
PAR35
To: mjp
The banking cartel will arrange the bailout in a way that banking losses will be shifted to the taxpayers. The bank and private holders already took huge losses. Most of the remaining debt is now held by the ECB, IMF and Euro zone governments.
37
posted on
05/24/2015 5:42:34 PM PDT
by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
To: Fungi
“Bingo! They want to pay a debt through more borrowing? Nonsense. Why dont they just print the money, that is what the federal reserve does.
Well, that’s the rub. Greece, as a member of the EU and user of the Euro, has no control over monetary policy. Greece can’t print money. Only the EU can print money. It’s like asking “why doesn’t Illinois just print money to cover its debt and deficit spending? Answer; only the U.S. government can print money.
38
posted on
05/24/2015 5:46:59 PM PDT
by
snoringbear
(E.oGovernment is the Pimp,)
To: SeekAndFind
The IMF can write off the debt, extend more credit to Greece of let the Greeks default.
If the IMF chooses to let Greece default, the euro will crash.
The Greeks are in control of the situation
To: Morpheus2009
“Heavy unemployment” is a symptom of socialism, which in a full communist system becomes slave labor instead. With no need to work, who’s going to unless forced?
40
posted on
05/24/2015 6:56:37 PM PDT
by
Telepathic Intruder
(The only thing the Left has learned from the failures of socialism is not to call it that)
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