Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Exactly what the Soros and Obama team want to happen here in America, only in about 14 months from now. Wait and see, they will float some trial balloons about this in the middle of summer of 12.
Germany and France cannot continue to prop up failed governments in the EU. Its not economically feasible. The EU will eventually collapse when Spain, Italy's come calling for their bailouts, and they will.
We are trying to play the same game as they are and Keynesian economics just do not work. Haven't we learned that in the last 3 years?
It's more like the end of the beginning. The Greek officials will do what they have to do regardless of what the protesters do. They really have no other choice other than default, which would end up hurting their country a lot more than the austerity measures they will vote to approve.
..... They really have no other choice other than default, which would end up hurting their country a lot more than the austerity measures they will vote to approve.
You mean it will hurt the politically connected, the business elite, and the bankers. The rest of the nation will be fine.
Why should Greek workers have their property and livelihood's taken from them to pay off bankers in France, Germany, UK and the USA?
It's more like the end of the beginning. The Greek officials will do what they have to do regardless of what the protesters do. They really have no other choice other than default, which would end up hurting their country a lot more than the austerity measures they will vote to approve.
Let's hope it's the beginning of the end for Britain's membership of the EU as we know it: Parliament is going to vote next week on a national referendum on staying a member on the current terms (), loosening the terms of membership () or getting out altogether ()
if you think the world will not be effected by a Greek default you are sadly mistaken.
It will be the start of a domino effect. Right behind Greece is Italy, Portugal and Spain.
Then..France/Germany will have lots of defaulted debt so then they will be in trouble.
How much has Uncle Ben given to them ? Who knows because our Fed is so secretive that we may not find out until it all comes out in the wash.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
), loosening the terms of membership (
) or getting out altogether (
) 
