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Greece...
Comments
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The 10-year note was recently yielding 8.98%, well beyond the 7% threshold which many analysts believe is unsustainable.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...0
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Are they paying their taxes yet?
Friend of mind went there a few weeks ago and said had to pay cash for just about everything.0 -
worldtraveller wrote: »The 10-year note was recently yielding 8.98%, well beyond the 7% threshold which many analysts believe is unsustainable.
GGGB10YR appears to have spiked in the past few days. Was 6.70% three days ago. Now showing at 8.96% as of noon today. That's some shift.
http://www.bloomberg.com/quote/GGGB10YR:IND0 -
crikey is this still going on - I thought this was all sorted and 'cured' ?0
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crikey is this still going on - I thought this was all sorted and 'cured' ?
My post from 2.1/2 years ago:worldtraveller wrote: »Ah, good! Well, that's Greece done & dusted for a bit, until it all blows up again, when it will become patently bloody obvious that they were never going to pay their way, not in a million years!
:rotfl: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...0 -
crikey is this still going on - I thought this was all sorted and 'cured' ?
The problem is that austerity is never popular, particularly the level of austerity needed to dig your way out of the debt mountain the Greeks have amassed. Some people seem to be worried that there might have to be an election soon, Syriza are ahead in the polls, and they apparently want to default and only pay 50c on the Euro.0 -
The problem is that austerity is never popular, particularly the level of austerity needed to dig your way out of the debt mountain the Greeks have amassed. Some people seem to be worried that there might have to be an election soon, Syriza are ahead in the polls, and they apparently want to default and only pay 50c on the Euro.
Good, let`s hope they win, it is time to shut the Euro banker circus down.0 -
Crashy_Time wrote: »Good, let`s hope they win, it is time to shut the Euro banker circus down.
Unlikely Germany will be so willing to play ball at the current time.0 -
Thrugelmir wrote: »Unlikely Germany will be so willing to play ball at the current time.
Full default and exit it is then?0 -
Crashy_Time wrote: »Full default and exit it is then?
Who knows?0
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