The weekly: Greece to default/restructure THIS weekend? thread

http://www.nasdaq.com/aspx/stock-ma...sels-studies-possible-euro-zone-bond-issuance

Last week, a senior official at the European Commission said that Brussels will propose that the EU issue bonds to fund specific economic projects, but not euro zone bonds for overall state financing.

Meanwhile, Germany insists that euro zone bonds cannot even be considered until the EU as a whole follows tight rules on keeping public finances in balance.

they seems to be the only 1 who said germany won't agree w/ it. I don't know if they are quoting old comments from germany, or the fact that germany said the above this morning
 
oh, greece will not default due to hearts full of mercy of merkel, sarkozy and rompuy. they will magically create money (of course, not from taxpayers) and problem will be solved in 2 minutes. the stock markets will rise 7% on the news and EURUSD will jump 300 pips.

these politicians really have power to change the course of events!

:D
 
Quote from Martinghoul:

Need more than that... Germans collecting taxes in Greece and stuff like that is what's needed.

You are one europhile fanatic aren't you?
 
whats needed is not germans collecting taxes, but greeks turned off from financing immediately.

when they will have no food, they will finally start working.
it means wages similar to chinese.
but thats of course politically not cool, so germans will ripped off for decades to come. and now swiss also.
 
Quote from Martinghoul:

Need more than that... Germans collecting taxes in Greece and stuff like that is what's needed.

Hum, not after WW II experience. By the way: German banks are in desperate need of Greek speaking employees. Guess why? Greek savers leaving Greece for "hardcore" German banks...:D :D :D
 
according to the tone of that conference call, as well as CNBC, it looks like they are getting that $8B prior to mid-Oct. Once again, kicking the can down the road
 
Quote from Martinghoul:

Not at all...

He changed his mind when he realised it was a lost cause. I told him that two years ago.

Does the term Humpty Dumpty come to mind?
 
Quote from morganist:
He changed his mind when he realised it was a lost cause. I told him that two years ago.

Does the term Humpty Dumpty come to mind?
Are you referring to me here? What did you tell me two years ago? What's the Humpty Dumpty reference about? Are you calling me fat :)?
 
Quote from Martinghoul:

Are you referring to me here? What did you tell me two years ago? What's the Humpty Dumpty reference about? Are you calling me fat :)?

No. I have been saying that the Euro would fail if it continues the way it is. I even wrote a book about it.

I was refering to the Euro as Humpty Dumpty because it is about to fall.
 
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