Dijsselbloem: Will not rush into Greek deal; deal only possible if substance is correct. #Greece must be ready for 'difficult measures' ~BBG
— Yannis Koutsomitis (@YanniKouts) June 12, 2015
Loans and Finance
Loans and Finance
Text
News and information about loans, money, debt, finance and business issues.
Powered by Investing.com
Friday, June 12, 2015
No Rush To Resolve Greek Tragedy
Labels:
diesel-boom,
greece
Thursday, June 11, 2015
Greece Fucked By Membership of Eurozone
Very bad news. #Greece unemployment Q1 2015: 26,6% (vs 26.1% in Q4 2014 & 25.40% est.) http://t.co/v68kKIBdrj /via @statisticsGR
— Yannis Koutsomitis (@YanniKouts) June 11, 2015
Labels:
euro,
greece,
unemployment
Pressure Grows For Return To Drachma
Syriza MP Lapavitsas says if #Greece returns to drachma, liquidity issue will be solved by money printing.
#facepalm #fiattoiletpaper
— Yannis Koutsomitis (@YanniKouts) June 10, 2015
Labels:
greece
Wednesday, June 10, 2015
Tsipras Threatens Eurozone
Greece warns EU leaders: Allow us to fail and it's 'beginning of the end' for eurozone http://t.co/qbtWRSdvRX pic.twitter.com/gSUrGWjGrk
— Trending Greece News (@greekolizer) June 9, 2015
The threat is all very well and good, except for the fact that:1 Greece entered the eurozone of its own free will.
2 Greece's entry was on the basis of fraud by the Greek government.
3 The eurozone itself is flawed, and will fail anyway.
4 Greece's best option is to default and leave the eurozone.
5 A "fuck off" fund of money has been set aside to give to Greece when it leave the eurozone.
In other words, the threats are meaningless and irrelevant.
Labels:
greece
Tuesday, June 09, 2015
Latest Greek Proposal Kiboshed In Less Than an Hour
Again? https://t.co/1lXv7tKboV
— *Russian Market (@russian_market) June 9, 2015
Less than one hour later
REVISED GREEK PLAN NOT CREDIBLE, INTERNATIONAL OFFICIAL SAYS
- IMF? Circus.
— *Russian Market (@russian_market) June 9, 2015
Lancing FIFA's Septic Bladder
In the event that there is a person or organisation on this planet that hasn't received or given a bung from/to FIFA, will he/she/it please stand up and make themselves known?
Saturday, June 06, 2015
Advice To Tsipras
This isn't a "negotiation", this is a hostage situation.
Your only chance is to try to escape!
Your only chance is to try to escape!
Friday, June 05, 2015
Greece Is A Busted Flush
Greece will not pay the IMF today and has instead asked to bundle its payments to the end of the month when, by happenstance, the current bailout ends.
Coincidentally Tsipras has stuck two fingers up to the Troika, and said the terms demanded by the Troika are unacceptable.
At this stage, even the most hopeful/moronic of Europhiles can surely see that Greece is a busted flush and that the best option for the Eurozone, and the Greek people, is to give Greece a wadge of "fuck off money" and ask them to leave the Eurozone.
My advice to hapless people of Greece is simple, if you have any money left in your bank accounts take it out now; because capital controls and bail ins are coming!
Coincidentally Tsipras has stuck two fingers up to the Troika, and said the terms demanded by the Troika are unacceptable.
At this stage, even the most hopeful/moronic of Europhiles can surely see that Greece is a busted flush and that the best option for the Eurozone, and the Greek people, is to give Greece a wadge of "fuck off money" and ask them to leave the Eurozone.
My advice to hapless people of Greece is simple, if you have any money left in your bank accounts take it out now; because capital controls and bail ins are coming!
Thursday, June 04, 2015
Greece and Troika Miles Apart
Despite the bullshit spouted by Tsipras that a deal is imminent, Greece and the Troika are miles apart.
The clearest and simplest evidence of the gulf between them lies in the size of their respective "ultimatums".
The clearest and simplest evidence of the gulf between them lies in the size of their respective "ultimatums".
The Greek proposal for a deal was 46 pages long. The proposal from the European creditors was five pages long #Greece
— Ed Conway (@EdConwaySky) June 4, 2015
Wednesday, June 03, 2015
No Compromise For Greece
Despite Tsipras attempting to cobble together a 46 page list of reforms, that he hoped would persuade the Troika to release much needed funds, his efforts were in vain.
The Troika cannot be bothered to read the document and has, instead, issued its own document that Tsipras will have to sign if he wants any more money.
Harsh?
In the words of Dijsselbloem:
The Troika cannot be bothered to read the document and has, instead, issued its own document that Tsipras will have to sign if he wants any more money.
Harsh?
In the words of Dijsselbloem:
"It is a misunderstanding that we have to meet each other half way.In other words, it's over Greece!
That is not our intention."
Lancing FIFA's Septic Bladder
Now that FIFA's Septic Bladder has been lanced, we will see a tidal wave of puss and poison gushing forth from the last twenty years or so of the financial accounts of that most corrupt of organisations.
Tuesday, June 02, 2015
The Farce That is The Eurozone
Eurozone has become an utter joke https://t.co/Iwn6RnwQgE
— Ken Frost (@ken_frost) June 2, 2015
Greek Deal NOT Imminent
Reuters: EU officials close to the talks have said progress is very slow and they remain a long way from convergence
— MineForNothing (@minefornothing) June 2, 2015
No surprises there then!
Labels:
greece
Greece Uses The C Word
Bank of #Greece's Stournaras says "compromise is not very far away" ~@CH_Events
— Yannis Koutsomitis (@YanniKouts) June 2, 2015
Given that the world has been subjected to "deal imminent" headlines every few days over the last couple of months or so, I will believe it when I see it!
Labels:
greece
Monday, June 01, 2015
Tsipras Throws His Toys out of The Pram
Tsipras has thrown his toys out of the pram over the weekend, and vented his spleen against the Troika and the Troika's alleged threat to democracy.
The tantrum was an attempt to yet again persuade Merkel to sway the troika's hand.
She won't!
She can't!
Why does Tsipras not get this?
Greece has choice of leaving the eurozone, and taking control of its own currency. The choice is Greece's, that's democracy!
Tsipras had better stop playing politics with people's lives. There is a full scale bank run going on in Greece now, and the people of Greece need to exit the eurozone if they wish to have a chance of surviving this.
The tantrum was an attempt to yet again persuade Merkel to sway the troika's hand.
She won't!
She can't!
Why does Tsipras not get this?
Greece has choice of leaving the eurozone, and taking control of its own currency. The choice is Greece's, that's democracy!
Tsipras had better stop playing politics with people's lives. There is a full scale bank run going on in Greece now, and the people of Greece need to exit the eurozone if they wish to have a chance of surviving this.
Subscribe to:
Posts (Atom)