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rdking647 (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:51 PM Original message |
Euro zone reaches a greek bailout deal |
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lovuian (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:52 PM Response to Original message |
1. what they don't say is China is going to own Greece now |
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DJ13 (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:54 PM Response to Reply #1 |
2. The food should be interesting |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:03 PM Response to Reply #2 |
8. ha! |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 06:14 AM Response to Reply #1 |
19. Just noticed your post |
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Zyzfyx (214 posts) Send PM | Profile | Ignore | Thu Oct-27-11 01:21 PM Response to Reply #1 |
44. Greece should be in good company |
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DJ13 (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:56 PM Response to Original message |
3. the euro region’s bailout fund will be leveraged by four to five times |
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Mist (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:57 PM Response to Reply #3 |
5. Yeah, that's nervous-making. nt |
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Mist (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:56 PM Response to Original message |
4. The 50% reduction is a big concession. nt |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 09:58 PM Response to Reply #4 |
6. it beats 100% in an uncontrolled default |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 06:25 AM Response to Reply #6 |
20. No. It does not. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:19 AM Response to Reply #4 |
31. not big enough, though. |
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Roland99 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:31 AM Response to Reply #4 |
32. Greek Bonds Trading With Expectation Of Substantial Further Haircuts |
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bluestateguy (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:02 PM Response to Original message |
7. I'm confused |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:04 PM Response to Reply #7 |
9. thats because europe keeps kicking the can down the road |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:05 PM Response to Reply #7 |
10. because the previos ones were temporary and not big enough. |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:13 PM Response to Original message |
11. This is good and may be a big step in the right direction. |
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Matilda (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:16 PM Response to Original message |
12. Can somebody explain this is simple terms? |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:28 PM Response to Reply #12 |
13. Basically the Greek bond holders are getting the shaft.. .losing 50% of their investment. |
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Matilda (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 11:10 PM Response to Reply #13 |
15. The austerity measures mean the Greek people shoulder most of the burden. |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 11:13 PM Response to Reply #15 |
16. Totally agree. The austerity stuff sucks and doesnt work anyway. |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 06:32 AM Response to Reply #15 |
21. To run a public works program |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:18 AM Response to Reply #21 |
30. Congratulations, you are replicating FOXNEWS talking points about lazy, unreliable Greeks. |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:46 AM Response to Reply #30 |
33. I provided fact |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:52 AM Response to Reply #33 |
34. What you think is a "national pastime" to Greeks is your opinion, not fact. |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 09:19 AM Response to Reply #34 |
37. Its Greece we're discussing :; not Ireland |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 11:06 AM Response to Reply #37 |
40. Incorrect. We are discussing the world financial crisis brought on by the banksters... |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 06:37 AM Response to Reply #12 |
22. Basically, the Greek people are being screwed for the next two generations. |
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Nye Bevan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 07:29 AM Response to Reply #22 |
24. Hasn't Greece been forgiven a huge amount of its debt, in this deal? |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:12 AM Original message |
Greeks are being squeezed out of every last Euro that the creditors calculate they can get. |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:12 AM Response to Reply #24 |
28. (dupe delete) |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:10 AM Response to Reply #22 |
26. this is a case where the greek people and their leaders are at fault |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:13 AM Response to Reply #26 |
29. Bankster propaganda. Anti-Greek cliches. |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:59 AM Response to Reply #29 |
35. so what would you suggest |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 10:55 AM Response to Reply #35 |
39. My suggestion to you? That you stop using ridiculously invalid metaphors. |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 11:16 AM Response to Reply #39 |
41. lets say greece defaults |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 12:12 PM Response to Reply #41 |
42. Ask Argentinians if they would have preferred to accept IMF slavery. |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 01:17 PM Response to Reply #42 |
43. the big difference is argentinia had an export driven economy |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 01:27 PM Response to Reply #43 |
45. This is all the more reason for Greece to develop domestically. Any other irrelevant objections? |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 02:58 PM Response to Reply #45 |
46. my objections are based in reality |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 04:10 PM Response to Reply #46 |
48. Bankster "reality" perhaps, not the real interests of the Greeks. |
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rdking647 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:01 PM Response to Reply #48 |
49. your words make it clear you arent living in the real world |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 09:19 PM Response to Reply #49 |
67. Sad little last volley -- how old are you anyway? |
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potone (359 posts) Send PM | Profile | Ignore | Thu Oct-27-11 09:31 AM Response to Reply #22 |
38. I agree. |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 06:50 AM Response to Reply #12 |
23. Greece is not a business. Businesses are not valid metaphors for nations. |
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Demeter (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:12 AM Response to Reply #23 |
27. Amen! |
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Celefin (256 posts) Send PM | Profile | Ignore | Thu Oct-27-11 09:01 AM Response to Reply #23 |
36. Repeat. This. Truth. |
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riderinthestorm (1000+ posts) Send PM | Profile | Ignore | Wed Oct-26-11 10:50 PM Response to Original message |
14. Thanks for this. I've basically been online most of the day waiting for the news |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 02:22 AM Response to Original message |
17. Euro markets opening way up.. |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 06:12 AM Response to Original message |
18. Sarkozy to Seek China Aid as EU Expands Rescue Fund |
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Yo_Mama (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 07:32 AM Response to Original message |
25. Not nearly enough to make a difference |
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kiranon (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 03:18 PM Response to Original message |
47. Cutting Greek debt by 50% won't save the banks or the Greeks IMHO. |
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DCBob (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 07:23 PM Response to Reply #47 |
65. It buys time for everyone... alot of time... and that may be enough. |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:36 PM Response to Original message |
50. Banks Agree to Take Loss on Greek Debt to Help Resolve Euro Crisis |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:36 PM Response to Reply #50 |
51. Leaders goal: restore market confidence in the Euro & creditworthiness of 17 countries using it. |
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dkf (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:36 PM Response to Reply #50 |
52. They might still get handouts. They just have to try to raise the capital first. |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #52 |
61. Please quote any provision in the agreement for future handouts. |
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dkf (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #61 |
63. Here... |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #63 |
64. EFSF issues bonds or other debt instruments - these are not "handouts". |
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dkf (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 09:44 PM Response to Reply #64 |
68. It's only a handout if the TARP was a handout. |
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naaman fletcher (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:36 PM Response to Reply #50 |
53. How kind of them... |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:36 PM Response to Reply #53 |
54. Isn't that 50% more loss than US banks have taken? |
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naaman fletcher (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:36 PM Response to Reply #54 |
55. yep |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #50 |
56. Sounds like a strategic victory for Germany in the power struggle w/banks |
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elleng (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #56 |
60. Yes; Merkel does her work well. |
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still_one (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #50 |
57. I would NOT assume that the banks agreed to this without a handout /nt |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #57 |
59. "token Brady bonds" (see post 6) do not equate to handouts. |
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elleng (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #50 |
58. The lesson, for U.S. politicians, such as it is, is don't be in Europe, |
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Divernan (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 05:37 PM Response to Reply #58 |
62. That's the message which true believers in some US politicians don't want to hear. |
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unkachuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-27-11 08:12 PM Response to Original message |
66. "...Sarkozy said the euro region’s bailout fund will be leveraged..." |
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