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Greece won't hit defecit targets

245

Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    pqrdef wrote: »

    But there's nothing in the UK economy that justifies our current safe-haven status.


    There aren't that many safe places to invest now, so if seek political and structural safety coupled with potential then the UK is very much one of the best places to be.

    When making predictions, don't fall for the typical and outmoded method of extrapolating a linear line from the current evidence.

    The UK will be booming within 3 years, and I speak as a natural pessimist.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    Conrad wrote: »
    The UK will be booming within 3 years, and I speak as a natural pessimist.
    Any particular sector?
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    pqrdef wrote: »
    Any particular sector?

    Liquidation companies.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    They got the money any way...

    http://www.bbc.co.uk/news/business-15259796

    And there is now a new agreement after the last one didnt work.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    How long until the next deal has to be agreed, and another bucket load of free cash for the Greeks?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Mallotum_X wrote: »
    How long until the next deal has to be agreed, and another bucket load of free cash for the Greeks?

    Dunno, but it will be amusing if Slovakia vote no.

    Can see the response now.... "Incorrect....try again".
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    edited 11 October 2011 at 7:31PM
    Graham_Devon wrote: »
    Dunno, but it will be amusing if Slovakia vote no.

    Can see the response now.... "Incorrect....try again".

    Glad you brought Slovakia up Dev. Apparently the question going round there is "why should we bail out a country that is wealthier than us?" There is a reasonable chance AIUI that the vote will be lost in Slovakia.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    Graham_Devon wrote: »
    Had enough. Have another 2, just waiting for some news on one, and the other I'm down 62%, so no real point in selling up.

    When I see so called investors cheering on 0.4% rises, I know it's a sign of desperation.

    .


    Wow, I thought my portfolio sucked. - What on earth are you buying?
  • ILW
    ILW Posts: 18,333 Forumite
    vivatifosi wrote: »
    Glad you brought Slovakia up Dev. Apparently the question going round there is "why should we bail out a country that is wealthier than us?" There is a reasonable chance AIUI that the vote will be lost in Slovakia.

    Quite a few Germans feel the same.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    ILW wrote: »
    Quite a few Germans feel the same.

    Granted. But in the Slovakian case their government may act.

    If I was German I'd be pretty annoyed. If I was Slovakian and earning less than Greek average wage I'd be apoplectic.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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