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Thread: Elections in Greece on Sunday

  1. #1
    Join Date
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    Elections in Greece on Sunday

    Will Sunday’s Greece Elections Prove to be a ‘Lehman Brothers Moment’? Maybe



    http://finance.yahoo.com/blogs/danie...172918499.html

  2. #2
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    Jun 2010
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    Quote Originally Posted by Marshmallow World View Post
    Will Sunday’s Greece Elections Prove to be a ‘Lehman Brothers Moment’? Maybe



    http://finance.yahoo.com/blogs/danie...172918499.html
    Knock on wood MW.

    Merry Snowy Christmas
    Love & Peace to the World

  3. #3
    Join Date
    May 2010
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    ...and I live in a hole...
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    No matter what the election result the problems remain the same. IF a centre-right coalition can take charge and enforce still more austerity demanded by the ECB then the economy will crash whether Greece is in or out of the euro. The trouble with the EU leadership is that they just don't accept that the central permise of ever-closer political and monetary union was flawed from the outset, and their actions in continually throwing money at the financial institutions while cutting social spending rewards the greed and faliure of the former, while punishing the latter for crimes they didn't commit.

    No doubt the markets will dead cat bounce over the result, and some people will make a lot of money as a result. But the problem isn't just Greece, or Spain, or Portugal, or the Irish Republic or even limited to europe, it's a systematic problem, a result of the way we have been living for the last fifty years. IF this bullet has been dodged, there is still a hail of lead aimed in our direction, and you can't dodge them all...

    Time to get prepping if you haven't started.
    So let the raucous sleigh bells jingle,
    Hail our dear old friend kris kringle,
    Driving his reindeer across the sky.
    Don't stand underneath when they fly by.

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