Big Trouble Ahead

JONJO THE MISER · 19-06-2011 06:16PM #1

http://www.zerohedge.com/article/ceasefire-between-germany-and-ecb-has-expired-greek-compromise-plan-now-table

Looks like the Greek situation is going to cause havoc.

biko · 19-06-2011 06:17PM

Submitted by Tyler Durden on 06/19/2011 11:47 -0400

Not sure the Economy forum would accept this.

Kylo Ren · 19-06-2011 06:26PM

I like Turtles.

ejmaztec · 19-06-2011 06:30PM

Keno 92 wrote: »

I like Turtles.

Teenage mutant ninja, or just plain turtles?

Kiera · 19-06-2011 06:30PM

Keno 92 wrote: »

I like Turtles.

Mmmm turtle stew.....

galwayrush · 19-06-2011 06:32PM

No point emigrating to Greece then, plenty of other places to go when this ****hole goes down.

JONJO THE MISER · 19-06-2011 06:32PM

Greece are likely to default which will have major ripples here and across the world, this is a another Lehmans in the making.
Wanna see what happens when Greece defaults :http://www.cnbc.com/id/43425042

galwayrush · 19-06-2011 06:33PM

Kiera wrote: »

Mmmm turtle stew.....

Real or mock?

Kiera · 19-06-2011 06:34PM

galwayrush wrote: »

Real or mock?

I'm a greedy bint so both

cml387 · 19-06-2011 06:36PM

JONJO THE MISER wrote: »

Greece are likely to default which will have major ripples here and across the world, this is a another Lehmans in the making.
Wanna see what happens when Greece defaults :http://www.cnbc.com/id/43425042

Ripples?

It's time to crack open each others skulls and feast on the grey goo within.

Orando Broom · 19-06-2011 06:38PM

Zerohedge? Wasn't he the lad that cracked heads in Apocalypto.

Crann na Beatha · 19-06-2011 06:38PM

This post has been deleted.

ejmaztec · 19-06-2011 06:39PM

It's unlike Jonjo to be predicting the end of the world again.

swordofislam · 19-06-2011 06:41PM

Islamic finance is the way to go. That's why every single Muslim country is mad rich.

Biggins · 19-06-2011 06:44PM

swordofislam wrote: »

Islamic finance is the way to go. That's why every single Muslim country is mad rich.

There was me thinking it was the oil! Silly me.

cml387 · 19-06-2011 06:44PM

and yet the BBC are reporting that a deal is expected
http://www.bbc.co.uk/news/business-13832164

SEPT 23 1989 · 19-06-2011 06:44PM

Guns and tinned food

cml387 · 19-06-2011 06:48PM

SEPT 23 1989 wrote: »

Guns and tinned food

Just use a can opener.

longshanks · 19-06-2011 06:52PM

Grace Kelly was a beautiful woman

ejmaztec · 19-06-2011 06:54PM

swordofislam wrote: »

Islamic finance is the way to go. That's why every single Muslim country is mad rich.

I'd hate not to keep up the payments on my Sharia Tracker Mortgage:eek:

Biggins · 19-06-2011 06:55PM

cml387 wrote: »

and yet the BBC are reporting that a deal is expected
http://www.bbc.co.uk/news/business-13832164

Its unavoidable.
The big boys though have started to kop on though that their conditions can't be too tight or they will end up crushing the economy (or whats left of it).
The CIA says that the country is possible bordering in near coup status with the levels of unrest.

Solnskaya · 19-06-2011 06:57PM

ejmaztec wrote: »

I'd hate not to keep up the payments on my Sharia Tracker Mortgage:eek:

It's shi-ite when you cant make the repayments, they chop your jihead of.

mikom · 19-06-2011 06:57PM

Meanwhile in Spain.............

MADRID, June 19 (Reuters) - Tens of thousands of Spaniards abandoned their customary quiet day with families and friends on Sunday to march against the so-called "Euro Pact" and the handling of the economic crisis.

"I'm here because this is a con," said Juanjo Montiel, 26, one of four blind protestors in Madrid, who works in Information Technology for around 1,000 euros a month.

"I'm lucky enough to have a job, but many don't and have no chance. And on top of that, the politicians want to make more cuts. This is not our fault, it's the system."

The political leaders of the euro zone's fourth largest economy have worked hard to convince investors the country will not follow Greece, Portugal and Ireland in needing a bailout.

Since May, the protests have snowballed.

grizzly · 19-06-2011 06:58PM

JONJO THE MISER wrote: »

Greece are likely to default which will have major ripples here and across the world, this is a another Lehmans in the making.
Wanna see what happens when Greece defaults :http://www.cnbc.com/id/43425042

This last slide put's things in perspective;

The Sun Also Rises
This parade of horribles does not portend the end of the world. The sun will rise the day in the event Greece defaults. And it will rise the next day, and the next. People will still fall in love, get married, have children, make friends, and find innovative ways to cope with a world that seems a little less safe than it did a few months ago.

Eventually, someone, somewhere, will make a fortune by correctly calling the inevitable economic recovery.

kowloon · 19-06-2011 06:59PM

I hope riot dog ends up running the place.

ejmaztec · 19-06-2011 07:01PM

Why can't they be sensible people and bend over like the rest us? Surely the ECB will supply free KY Jelly to help us through this crisis?

cml387 · 19-06-2011 07:01PM

Biggins wrote: »

Its unavoidable.
The big boys though have started to kop on though that their conditions can't be too tight or they will end up crushing the economy (or whats left of it).
The CIA says that the country is possible bordering in near coup status with the levels of unrest.

Interesting that of the PIIGS,only Ireland and Italy have been democratic states for more than forty years.

mikom · 19-06-2011 07:03PM

kowloon wrote: »

I hope riot dog ends up running the place.

"Yes we can-ine"

ejmaztec · 19-06-2011 07:03PM

cml387 wrote: »

Interesting that of the PIIGS,only Ireland and Italy have been democratic states for more than forty years.

And Italy's had a new government every week during that time.

beano345 · 19-06-2011 07:05PM

kowloon wrote: »

I hope riot dog ends up running the place.

https://www.youtube.com/watch?v=Yax-adLCTgg

inforfun · 19-06-2011 07:05PM

swordofislam wrote: »

Islamic finance is the way to go. That's why every single Muslim country is mad rich.

True. Especially the ones in Africa.

Big Trouble Ahead

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