Doomed! - The worst shock to the European economy is yet to happen Doomed! - The worst shock to the European economy is yet to happen
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  1. #1

    Better than AtW

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    Default Doomed! - The worst shock to the European economy is yet to happen

    Let's face it. Greece cannot pay back its debts without growth and rather than growing it has contracted by 25% in the last 5 years. Depression stylee figures.
    So the question is what happens next and when.
    And waiting in the wings are Spain, Portugal and Italy.

    I don't know what will happen but I am convinced the biggest shock is yet to come, simply because Greece is bust and absolutely nothing can change that.
    Hard Brexit now!
    #prayfornodeal

  2. #2

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    We're nowhere near rock bottom, that should be fairly obvious.

  3. #3

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    Quote Originally Posted by Robinho View Post
    We're nowhere near rock bottom, that should be fairly obvious.
    Have you applied for the Bank of England governor job yet?
    Let us not forget EU open doors immigration benefits IT contractors more than anyone

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    Quote Originally Posted by sasguru View Post
    Let's face it. Greece cannot pay back its debts without growth and rather than growing it has contracted by 25% in the last 5 years. Depression stylee figures.
    So the question is what happens next and when.
    And waiting in the wings are Spain, Portugal and Italy.

    I don't know what will happen but I am convinced the biggest shock is yet to come, simply because Greece is bust and absolutely nothing can change that.
    Nothing new here. Why such a pointless post? Anyone spice it up with some facts, graphs etc?
    Knock first as I might be balancing my chakras.

  5. #5

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    Quote Originally Posted by sasguru View Post
    Let's face it. Greece cannot pay back its debts without growth and rather than growing it has contracted by 25% in the last 5 years. Depression stylee figures.
    So the question is what happens next and when.
    And waiting in the wings are Spain, Portugal and Italy.

    I don't know what will happen but I am convinced the biggest shock is yet to come, simply because Greece is bust and absolutely nothing can change that.
    We had a depression like this in Ireland, economy reduced and reduced. Irish answer was mass emigration until the economy could support thoes that were left. Same is happening in Spain, they are arriving in Ireland at the moment, lots going to South America I have been told.

    Greeks have two option, get out or stay and fight. Stay and fight requires an idology to follow, communisum and any current politics has failed. Unless something new turns up
    Fiscal nomad it's legal.

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    Here you go

    London: Britain’s Business Secretary Vince Cable has warned that Europe could be plunged into war if the eurozone crisis results in the collapse of the currency
    Knock first as I might be balancing my chakras.

  7. #7

    Better than AtW

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    Quote Originally Posted by DodgyAgent View Post
    Have you applied for the Bank of England governor job yet?
    He did, but was declined on the grounds that, in spite of his obvious genius, he was too short and wouldn't llok good in pictures with other central bankers.
    Hard Brexit now!
    #prayfornodeal

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    Quote Originally Posted by suityou01 View Post
    Here you go

    London: Britain’s Business Secretary Vince Cable has warned that Europe could be plunged into war if the eurozone crisis results in the collapse of the currency
    Poor Vince, he still believes in the Euro.

  9. #9

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    Quote Originally Posted by sasguru View Post
    He did, but was declined on the grounds that, in spite of his obvious genius, he was too short and wouldn't llok good in pictures with other central bankers.
    ok can someone hand the Sasguru login back to MF please, this is tedious.
    Knock first as I might be balancing my chakras.

  10. #10

    bored now

    eek is a fount of knowledge

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    Quote Originally Posted by suityou01 View Post
    Here you go

    London: Britain’s Business Secretary Vince Cable has warned that Europe could be plunged into war if the eurozone crisis results in the collapse of the currency
    but that was in response to the EU getting the nobel peace price last Friday.

    As was stated before nothing new, nothing to see here.
    merely at clientco for the entertainment

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