Greece Defaults

[SantaClaus]

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[DimPrawn]

No way.

Germany are just playing games.

The Euro is Germany's control over Euroland, they won't let it fall to bits no matter what the financial cost.

[AtW]

It's all part of the game plan - Germany is the market maker and they are using it to get one back at dirty spekulants who go from one direction to another.

HFT chaps will soon be funding singularity research in order to get decisive advantage over human rivals.

[Doggy Styles]

Dress it up how you like, there is no way Greece can become solvent within the euro, and no way the Germans will support them for much longer.

[SantaClaus]

Lets see what happens...

[AtW]

Let's say Greece defaults ... tough tulip - it won't leave euro zone, just those who were too ****ing stupid to lend them money (especially recently) will have to deal with losses, probably 30-50%, not too bad especially if longer term restructuring is offered.

Now banks that hold that tulip might need to be bailed out again but that would be individual problem for countries where those banks are located - should have bloody supervised them better!

Ironically weak euro benefits Germany most as they are proper exporter.

[DimPrawn]

Dress it up how you like, there is no way Greece can become solvent within the euro, and no way the Germans will support them for much longer.

If Greece defaults, it will create a domino effect for all the banks holding Greek debt, they themselves will become insolvent and require massive EU bailouts, pusing the Germans to bankruptcy or ditch the Euro.



If it all goes tits up, I'm buying some nice villas in France and Spain for next to nothing.

[MarillionFan]

Can we all just wait until 11.05am on Thursday like last week and the week before. 11 O Clock I tend to ditch all of my shares each week and convert back into cash making a couple of grand in the process. Bullish day for tomorrow please.

[AtW]

If it all goes tits up, I'm buying some nice villas in France and Spain for next to nothing.

Buy a wheel barrow instead to hold enough money to buy bread and water.

[Doggy Styles]

If Greece defaults, it will create a domino effect for all the banks holding Greek debt, they themselves will become insolvent and require massive EU bailouts, pusing the Germans to bankruptcy or ditch the Euro.



If it all goes tits up, I'm buying some nice villas in France and Spain for next to nothing.

Between a rock and a hard place for those europhalics!