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Greece...

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Comments

  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    pqrdef wrote: »
    Well that's all right then, doesn't matter what happens so long as blame is correctly assigned. And if Britain gets dragged down as well, well we deserve it too.

    Blame will not get assigned, believe me! The British taxpayer will undoubtedly pay. That is a done deal! The IMF, partially via UK taxpayer funds, will bail out Greece! Does anyone really feel any different? :p
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    worldtraveller wrote: »
    Blame will not get assigned, believe me! The British taxpayer will undoubtedly pay. That is a done deal! The IMF, partially via UK taxpayer funds, will bail out Greece! Does anyone really feel any different? :p
    But we've never lost money by lending to the IMF, so we're told. And anyway, the Greeks are in the process of deciding they don't want a bailout.

    This isn't the reason that Britain will get dragged down.
    "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
    ILW wrote: »
    The polls all seem to suggest that the "man in the street" wants to stay with the Euro though.

    Isn't it that they want to stay within the EU?
  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 14 May 2012 at 7:29PM
    pqrdef wrote: »
    But we've never lost money by lending to the IMF, so we're told. And anyway, the Greeks are in the process of deciding they don't want a bailout.

    This isn't the reason that Britain will get dragged down.

    Really? Past financial & economic history bears very little resemblance to what's happening in the worldwide economy today, IMHO. The city economists in their Ivory towers don't have a clue. They are largely hood-winking the masses. They have never seen the current conditions and, surprisingly, are still hanging in on it's coat-tails. They are overpaid fools, yet the gullable still accept their perceived "wisdom"! ;)
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • The_J
    The_J Posts: 1,250 Forumite
    pqrdef wrote: »
    Well that's all right then, doesn't matter what happens so long as blame is correctly assigned. And if Britain gets dragged down as well, well we deserve it too.

    Hell yes.

    It would hurt our economy far less in the long run than the protracted death by a thousand cuts currently going on.
    The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.
  • ChiefGrasscutter
    ChiefGrasscutter Posts: 2,112 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's like the 5 stages of any large project, be it political, industrial, or merely an extension to your house.....as it decends into chaos.

    1. Enthusiasm
    2. Panic
    3. Search for the guilty
    4. Punishment of the innocent
    5. Rewards for the non-combatants
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Surprise.

    Greece will now go to the polls again.

    You can practially write what's going to happen before it happens!!
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    And Merkel has finally conceeded that Greece may have to exit the Euro.

    Like the use of the word "conceeded".
  • The_J
    The_J Posts: 1,250 Forumite
    Germany should leave the Euro and allow it to devalue. It's Germany who are killing the PIIGS and by continuation Holland, Belgium and France.

    Schadenfreude.
    The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Graham_Devon wrote: »
    And Merkel has finally conceeded that Greece may have to exit the Euro.

    Like the use of the word "conceeded".

    If it goes. Then Europe may well destabilise. Rocking the UK boat as well. Plenty of UK bank exposure to Eire.
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