Government in Greece Nears Collapse Over Referendum

Rationalist

Rationalist

Hail Voltaire
ATHENS — The Greek government was plunged into chaos on Tuesday and faced an imminent collapse, as lawmakers rebelled against Prime Minister George Papandreou’s surprise call for a popular referendum on a new debt deal with Greece’s foreign lenders.

Such a collapse would not only render the referendum plan moot, it would likely scuttle — or at least delay — the debt deal that was agreed on in Brussels last week, putting Greece on a fast track to default and possible exit from the monetary union of countries sharing the euro currency.

http://www.nytimes.com/2011/11/02/w...ans-referendum-on-latest-europe-aid-deal.html
 
Scary times, but I suspect the debt deal will soon be put back together. I am considering buying again today... after selling last week.
 
They are talking about getting rid of the Euro in Greece. Man, this is weird. Glenn Beck is sounding like a freakin' prophet...

dun, dun.. dunnnnn...
 
Cornholio said:
Sorry about the El Rushbo thing. I forgot you were a Beck man.
Click to expand...

LOL. That's better.

;)

Beck used to sound freakishly like me, back before I knew who he was and actually learned what he said. Now he's more "doom" than I've ever been.

He and I were both against the wars, but that is about it.

Oh, and I've promoted gold for much longer than he did on his show (and I don't get any money for it.)
 
Cornholio said:
Sorry about the El Rushbo thing. I forgot you were a Beck man.
Click to expand...

LOL. That's better.

;)

Beck used to sound freakishly like me, back before I knew who he was and actually learned what he said. Now he's more "doom" than I've ever been.

He and I were both against the wars, but that is about it.

Oh, and I've promoted gold for much longer than he did on his show (and I don't get any money for it.)
 
Both Beck and the news papers make money reporting about catastrophies that have not yet happened but are possable. I am not suprised they are both trading on the same story.
 
it's pretty sad when the liberals throw out all the fear propaganda they can, and then it turns out we were right all along, but i'm sure that this will be ignored.
 
Damocles said:
They are talking about getting rid of the Euro in Greece. Man, this is weird. Glenn Beck is sounding like a freakin' prophet...

dun, dun.. dunnnnn...
Click to expand...

Greece along with the other PIGS should never have been allowed to join the Euro, the one good thing Gordon Brown did was to stop that bastard Blair from signing us up to the whole benighted project.
 
Damocles said:
They are talking about getting rid of the Euro in Greece. Man, this is weird. Glenn Beck is sounding like a freakin' prophet...

dun, dun.. dunnnnn...
Click to expand...

Paul Krugman was talking about Greece possibly abandoning the euro a long time ago. It would probably be good for their economy in the short run, since it would allow them to devalue to a level that their economy needs right now, since the Euro is basically being set to the needs of Germany alone right now. It would be a disaster for the whole euro project, though.
 
Watermark Buddha said:
Paul Krugman was talking about Greece possibly abandoning the euro a long time ago. It would probably be good for their economy in the short run, since it would allow them to devalue to a level that their economy needs right now, since the Euro is basically being set to the needs of Germany alone right now. It would be a disaster for the whole euro project, though.
Click to expand...

Again, there is no way that Greece should have been let in the Euro in the first place, guess what financial institution cooked the fucking books to allow them in?
Yes, our old friend Goldman Sachs did the deed, so not only did they help cause the sub prime crisis and the ensuing financial chaos, they will probably cause the next one as well.
 
Damocles said:
They are talking about getting rid of the Euro in Greece. Man, this is weird. Glenn Beck is sounding like a freakin' prophet...

dun, dun.. dunnnnn...
Click to expand...

Greece is still using the Euro.... More than a year after that post!
 
Damocles said:
They are talking about getting rid of the Euro in Greece. Man, this is weird. Glenn Beck is sounding like a freakin' prophet...

dun, dun.. dunnnnn...
Click to expand...

Is he still sounding prophetic to you? If so, maybe you should discuss it with your therapist.
 
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