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Greek referendum results live: 'No' vote to Europe's bail-out terms as Greeks choose to deal
Telegraph ^ | 7/5/2015 | Mehreen Khan

Posted on 07/05/2015 12:53:32 PM PDT by Lurch Addams

Greek referendum results live: No vote to eurozone bail-out deal leads by 60 per cent.

After 20pc of the vote is counted, Greeks look to have voted 'No' with a 60pc majority against Europe's bail-out conditions

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Front Page News; Germany; United Kingdom
KEYWORDS: alexistsipras; eu; euro; europeanunion; france; germany; greece; greececrisis; greecereferendum; nato; syriza; unitedkingdom
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To: SteveH

July 20th...will be the Exit unless they pull a rabbit out of their hat.


61 posted on 07/05/2015 6:35:37 PM PDT by caww
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To: PAR35

Merk’s meeting with Holland Monday.


62 posted on 07/05/2015 6:38:24 PM PDT by caww
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To: moovova

They don’t want “austerity” they want what happened down in former Rhodesia I guess


63 posted on 07/05/2015 6:39:08 PM PDT by GeronL
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To: Recovering Ex-hippie

I think it is in Greece’s interest to leave, I just worry about those currently in charge. Their ‘rock star’ finance minister calls himself an ‘erratic marxist’.

https://www.youtube.com/watch?v=A3uNIgDmqwI


64 posted on 07/05/2015 6:59:48 PM PDT by jimwatx
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To: jimwatx

It’s not in Greece’s interest to leave. They have no economy (except that based on the soon to vanish tourism.... I know people who just cancelled a trip there) and a huge welfare state that they cannot satisfy.

They now have an insane leftwing populist government that seems to believe that the country can live on air and that it was immoral of the EU to expect to be paid back for the social services loan it had made to the totally non-productive, dysfunctional Greek population. Lots o luck.


65 posted on 07/05/2015 7:09:47 PM PDT by livius
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To: livius

If this current government starts in with their marxist bs I wouldn’t be surprised to see the military ultimately step in.


66 posted on 07/05/2015 7:20:22 PM PDT by jimwatx
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To: Lurch Addams

Greeks didn’t “choose to deal.” They chose to reject the deal, repeatedly insult their neighbors and repudiate all of their debts. Greece just shut down its part in international trade.


67 posted on 07/05/2015 7:33:24 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: livius

Why are they so nonproductive?


68 posted on 07/05/2015 7:51:00 PM PDT by Bodleian_Girl (Hey! That reminds me of a song.")
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To: wiggen
"All they did was,as correctly termed back then, was to kick the can down the road."

Yes. Bondholders took haircuts years ago. That is, parts of their investments in Greece were simply written off--taken. Any more loans would only be further insanity.


69 posted on 07/05/2015 8:22:21 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Lurch Addams

This lets them pocket 240+ billion Euros.

Why choose the more responsible path, when this is a huge, net win?


70 posted on 07/05/2015 8:25:39 PM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: GOPsterinMA

5 bucks is gonna be worth 7 million Drachma soon!


71 posted on 07/05/2015 8:36:30 PM PDT by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: Recovering Ex-hippie
What assets are you alluding to which could be “cleaned up?” This was an unsecured loan, the payers just decided to walk away and there's no repossessors allowed into the country.

Greece just walked away with hundreds of billions of everyone elses’ money.

72 posted on 07/05/2015 9:06:34 PM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: ConservativeMind

This really boils down to a case of theft. No remorse; no regrets.


73 posted on 07/05/2015 9:11:33 PM PDT by windsorknot
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To: wiggen

They’ll rapidly become to Europe what they should be. A nice backwater. Guaranteed though the rural areas will see a surge of citizens going back to where things can be grown.


74 posted on 07/05/2015 9:40:20 PM PDT by MSF BU (Support the troops: Join Them.)
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To: hal ogen

Even worse, they’re going to discover that their talents as government bureaucrats are worthless to the real world. Something our own Department of Education, NEA, etc. folks will find out someday.


75 posted on 07/05/2015 9:44:10 PM PDT by MSF BU (Support the troops: Join Them.)
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To: Hardens Hollow
The people voted for it, as a whole.

I hold individual rights sacrosanct, and do not believe the property of everyone should be plundered to satisfy the whims of a transient majority.

When our government goes belly up because of debt, won’t we be the ones to suffer?

I'd suffer a lot more if you supported people seizing my property to try and make good on promises I never supported. I've taken pains to take care of me and mine irrespective of how others vote. I find it odd that freepers support liquidating my assets to pay off Chinese or Japanese held T-bills, and yet we're having this discussion...

76 posted on 07/05/2015 11:04:57 PM PDT by Gunslingr3
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To: L,TOWM

while i believe it blows over quickly i don’t believe its priced in yet. I stated in an earlier post i do think this is bullish longer term but now you have to realize this will be headlines for some time yet as Greece has delusions this will help them. They don’t want to leave the EU either. So a few things to iron out.


77 posted on 07/05/2015 11:06:31 PM PDT by wiggen (#JeSuisCharlie)
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To: wiggen
They were complicit and you know what? If we held a vote on a package of government benefits, not one because it would be too easy to vote against the ‘other guy’, but a range of them and i’d bet money today our vote wouldn’t differ much from theirs at 60-40.

I've never been one to confuse what is right with what a majority votes.

I vote against Obama and his policies, why should that make me 'complicit' in them? Why should that allow creditors to then turn and seize my property?

78 posted on 07/05/2015 11:08:43 PM PDT by Gunslingr3
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To: Lurch Addams
...... Soon to become a major Hollywood movie to be filmed in Canada ...."My Big Fat Greek Bankruptcy."
79 posted on 07/05/2015 11:10:02 PM PDT by R_Kangel ( "A Nation of Sheep ..... Will Beget ..... a Nation Ruled by Wolves.")
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To: Gunslingr3

i never said they were right to seize anything did i? Merely stating what i believe to be true, that a vote here wold go no differently under the circumstances i outlined.


80 posted on 07/05/2015 11:40:08 PM PDT by wiggen (#JeSuisCharlie)
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