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Greece on verge of breakthrough in deal to cancel 70% of debt
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Originally posted by Freamon View PostSurely Portugal will demand the same now. Why should they have to pay 100% if the Greeks only pay 30%?
The currency shall be sounder the sound if the actions of Greece those past few days set a precedent."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostSo much for the default!Originally posted by sasguru View PostSo if you lent someone money and they only paid you back 30%, you'd be happy and not consider that a default?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostYou're just trying to wiggle of the hook you put yourself on by starting a "Greece WILL default" thread.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostIt just has, you cretin.Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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It's just like any other bankruptcy. The debt-holders are taking 30c on the Euro instead of nothing, while they can.
If/when Greece leaves the Euro, then they will soon need a trainload of Drachma to buy a can of baked beans.
That's how Germany escaped all of its debts/reparations after WW1...they paid them in Marks, which were by then literally worth less than the paper they were printed on.Comment
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Originally posted by KimberleyChris View PostIt's just like any other bankruptcy. The debt-holders are taking 30c on the Euro instead of nothing, while they can.Comment
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Originally posted by sasguru View PostIt just has, you cretin.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostHow come this time when they agree a 70% reduction it's a default, but last time when it was 50% it was "restructuring"? Do try to keep your story straight...
It's practical bankrupcy in any case anyway.Comment
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