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Greece Default Looming?
http://m.bbc.com/news/business-32335758
Some major issues worldwide have been kind of silent lately.
It appears Greece is going to become major news again. Oil has taken a big hit after its big rise, and S&P downgraded Greece's credit rating again which appears to be what has shaken investors convidence in oil.
I personally think Greece defaults. The EU is a bullshitty project anyways, meant to overrun the sovereignty of other nations, I think the world will be a better place if it crumbles.
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Last edited by Sugarphreak; 08-13-2019 at 01:46 AM.
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I don't think there was any serious question if IF Greece would default, just WHEN and HOW. The Eurozone would love to be rid of them, but don't want to set a precedent where other countries seriously consider leaving.
Originally Posted by killramos
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The Euro won't crumble, and I highly doubt Greece will be kicked out. However, I think they should be kicked out instead of defaulting and leaving in a messy way. Sets a better precedent.
Originally posted by 89coupe
I do get great service there, especially when I mention my name, haha.
The Gimp
Don't worry. Germany will cover our tab:
http://www.marketwatch.com/story/why...nse-2015-04-16
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Greece has islands FFS. Islands.
They can always sell em off if things got really that bad. Call it "New Germany".
Cocoa $10,000 per ton.
FKA: 2EFNFAST
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The political (not social or economic) will of many countries that benefit from the EU.
Greece should have defaulted long ago. As usual, this extended death is going to cause more pain in the long wrong but it is STILL being dragged out.
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Thats already in NS. How about we call it copper field. or Nickel Mines. oh wait.Originally posted by ZenOps
They can always sell em off if things got really that bad. Call it "New Germany".
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Greece has copper and what is more rare, Marble.
The last mines of marble around the world are all low-quality. The Highest quality marbles were used centuries ago and are salvaged from buildings (An ancient greek prison may be more valueable than a modern five star hotel because of the marble valuation.)
Canada Russia and Austrailia have nickel.
I would definitely think it would be worth it to buy a Greek island just on the off chance that there might be a hidden marble deposit on it. Aside from living on it that is, but then you have to worry about a volcano wiping out everything.
As for rare rocks, I still prefer low-quality opal. Although, a holographic coated DVD looks astoundingly similar.
Side note: In Canada never use marble as a floor tile, only use it on walls and pillars, or for million dollar sculptures. We spread around rocks every winter, and an ill placed rock wedged into a boot can shatter a marble floortile.
Last edited by ZenOps; 04-17-2015 at 07:59 AM.
Cocoa $10,000 per ton.
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Last edited by Cos; 12-28-2016 at 03:45 PM.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
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With this debt depression, which has been a long time in the making, it could be a plan to further build up its neo Nazi foot soldiers, aka Golden Dawn, and use them to indirectly attack Russia in Ukraine when needed.
We are already indirectly using ISIS.
Last edited by Arash Boodagh; 04-17-2015 at 07:55 AM.
coffee shop soy boy
Originally posted by Arash Boodagh» Click image for larger version
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
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Last edited by Cos; 12-28-2016 at 03:45 PM.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
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Shadow bankers can create economic depressions with a flick of a switch... They also generate a countries debt up as an excuse of why the economy is broke.
In Greece's example I think it was billion of over spending on military hardware.
World war 3 has already started... we cant disregard world events for whats going on in Greece.Originally posted by killramos
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no
Last edited by Arash Boodagh; 04-17-2015 at 08:15 AM.
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Last edited by codetrap; 01-01-2017 at 02:41 PM.
"We need a vaccination for stupidity, with booster shots against an unwillingness to learn."
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Last edited by Cos; 12-28-2016 at 03:45 PM.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
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The biggest problem of all is that Greece produces nothing that the rest of the world wants.
Spain, at least you might get some olives. Germanys got cars and other industrialized goods. US has almonds and Hollywood. Canada has oil and water.
Where Greece is right now, they barely have the basic infrastructure ability to grow a handful of almonds, and as much as some would like to believe it would be possible to payback a million dollar debt with a wink, a dance, a song and a smile - Realistically its not going to happen.
Cocoa $10,000 per ton.
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Kick the fuckers out already. I felt bad for Germany giving these losers money in the first place. WE ALL KNEW, they weren't gonna get their money back. Why they felt they had to help these losers is beyond me. Fuckers barely work over there. Kick em out already!
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So, what's the over-under?
I'm surprised everyone has played hardball like they have.
I'd honestly like to sit-in on the Greece Finance Ministers lectures. At least he has some balls, even though I thoroughly disagree with his cause!
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