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Thread: Someone says Greece will default + USA says QE3 may be necessary

  1. #1
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    Default Someone says Greece will default + USA says QE3 may be necessary

    http://www.telegraph.co.uk/finance/f...l-default.html

    But of course.
    They are trying to solve a debt problem with more debt.
    It does not work.
    It is a human problem. Greeks want to continue spending money they don't have.
    They riot on the streets when their sensible PM tells them to adopt austerity measures.
    Why should rich Germans and French bail the Greeks out just because of the Euro?
    Now Spain says, hey if you are so generous to Greece,then what about me? Give me the hundreds of billions too!
    Gimmee, Gimmee.....


    http://www.guardian.co.uk/business/2...itative-easing
    Bernanke says QE3.....oh boy, printing trillions of dollars again.
    And straight away gold price sky rockets.....People want to park their money in gold and elsewhere.
    Watch the US dollar value.
    Last edited by ricohflex; 20th July 2011 at 10:43 AM.

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    Senior Member giantcanopy's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    The greenback continues to fall, we can buy more and more items from states.

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    Senior Member edutilos-'s Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quantitative easing... Again? Win.

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    Senior Member Sion's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by ricohflex View Post
    .....It is a human problem. Greeks want to continue spending money they don't have.
    They riot on the streets when their sensible PM tells them to adopt austerity measures.
    Why should rich Germans and French bail the Greeks out just because of the Euro?.....
    Greece is a culturally rich country.

    They can export and sell their ancient ruins.

    Just imagine the spectacular vista of having the Acropolis beside the Durian.

  5. #5

    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    china is sucking everything into itself
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Actually, I think it's almost a certainty that Greece will default. It's whether anyone
    will want to buy any of their bonds AFTER they default that's the bigger question.

  7. #7
    Senior Member giantcanopy's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by elavan View Post
    china is sucking everything into itself
    I think China will be afraid that US prints too much money also ..

    Quote Originally Posted by Prismatic View Post
    Actually, I think it's almost a certainty that Greece will default. It's whether anyone
    will want to buy any of their bonds AFTER they default that's the bigger question.
    Maybe holiday at Mykonos will be as cheap as Bali next time

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    Senior Member Sion's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by giantcanopy View Post
    Maybe holiday at Mykonos will be as cheap as Bali next time
    But we may not have the Acropolis to shoot.

    The Greek will break it up into pieces and sell them at ebay.

  9. #9

    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by Sion View Post
    Greece is a culturally rich country.

    They can export and sell their ancient ruins.

    Just imagine the spectacular vista of having the Acropolis beside the Durian.
    They default payment, China forms 5 power coalition with other Asian countries; sends army over to size Acropolis (maybe some Greek Goddesses too ) as 'payment'
    History repeats itself again.

  10. #10

    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by pinholecam View Post
    They default payment, China forms 5 power coalition with other Asian countries; sends army over to size Acropolis (maybe some Greek Goddesses too ) as 'payment'
    History repeats itself again.
    Nah. They'll just buy up the islands, turn them into resorts for the elite generals and people in government. Then they'll draw a 9-line map encompassing all the Mediterranean and say it's their "historical claim" on the seas.
    Alpha

  11. #11
    Senior Member Sion's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by pinholecam View Post
    They default payment, China forms 5 power coalition with other Asian countries; sends army over to size Acropolis (maybe some Greek Goddesses too ) as 'payment'
    History repeats itself again.
    I'm sure the Chinese leaders will like to have some Greek Goddesses.


  12. #12
    Senior Member giantcanopy's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by Sion View Post
    But we may not have the Acropolis to shoot.

    The Greek will break it up into pieces and sell them at ebay.
    It has already started
    http://cgi.ebay.com/Authentic-Ancien...item3cb65094a7
    First the little flower pots from "private" collections

    Singapore can buy the Parthenon and convert it into a Greek style Casino.

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    Deregistered allenleonhart's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by edutilos- View Post
    Quantitative easing... Again? Win.
    print money out of the problem ar?

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    Senior Member UncleFai's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Someone say the world will end by 2012. I hope I get Nikon launches the D800 before that.

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    the world's gonna go back to barter trading..no more currency...
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    This Boston University economist says the US debt is much more. US$ 200 Trillion

    http://fellowshipofminds.wordpress.c...-200-trillion/

    Martin Hennecke, associate director at Tyche Group in Hong Kong says so too (fiscal debt) in 25 Jul 2011 Russia Today news broadcast.

    In this Youtube crosstalk too.
    http://www.youtube.com/watch?v=epWdWpwLT4g

    Interview with Joseph Stiglitz
    http://www.youtube.com/watch?v=x2t7K...feature=relmfu
    Last edited by ricohflex; 25th July 2011 at 10:36 PM.

  17. #17
    Senior Member giantcanopy's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    People with gold now wins. .

  18. #18

    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by giantcanopy View Post
    The greenback continues to fall, we can buy more and more items from states.
    The RMB getting worry....

  19. #19

    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by elavan View Post
    china is sucking everything into itself
    Print more RMB...

  20. #20
    Senior Member giantcanopy's Avatar
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    Default Re: Someone says Greece will default + USA says QE3 may be necessary

    Quote Originally Posted by Yappy View Post
    Print more RMB...
    then the whole world will go for the second dip ..

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