Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

I reckon you might be right but our eurozone partners are going to be pulling their hair out !...tomorrow I'd say gold climbs and the euro dives...just guessing but I wouldn't bet against it.....

http://demonocracy.info/infographics/eu/debt_greek/debt_greek.html

Well...it's not going to get better....in the short term....

Never in a million years is the debt going to be payed back. The whole system of the euro never worked at the outset, or now or ever will. When will the Germans own up.

Gold - Visualized in Bullion Bars



http://demonocracy.info/infographics/world/gold/gold.html

I was in Greece a couple of years ago. The Greeks blame their ills on the Germans. The middle classes bought loads of German cars with the cgeao money borrowed from the EU. The EU and Germany in particular don't want Greece to exit the Euro or the EU. the consequences are quite dire regarding the contagion aspect and for new entrants.

Unfortunately Greece and come to that a few other eastern and med countries are deadweights when it comes to a thriving economy.....instead of paying the debt in 20 years I suppose they will try and agree on fifty years....and shove the politicians on the stage all looking supposedly happy and the crowd chanting.......with a few suitcases full of dollars exchanging hands behind the scenes and free holidays on superyachts shoved in as well....come anz vizit uz thiz summerz....that sort of thing because it all stinks we know that....

Farage has been complaining about the 7 way debate. It doesn't suit him as he will get submerged by the others. Cameron has agreed to it. However, the DUP are asking for inclusion.

The Greek PM has accepted defeat. It is now a question of whether the new anti austerity party needs to form a coalition. If it does then it will have to tone down its demands on the EU.

Cannot watch that big brother rubbish. Bring back I'm a celeb get me out of here any day.

It looks like the new Greek government party may be one seat short of a majority.

New Greek government is promising free electricity for poor and elderly and raise the minimum wage.

Terrible things, how dare they?


free electricity for poor and elderly and raise the minimum wage

He wants to raise salaries, raise pensions etc. His background is being a communist. There is nothing wrong with his aims of helping the elderly, poor but these are aspirational items that rich countries aim for. Greece is broke and can barely survive. One in four people are unemployed. The head of the IMF has said that there is no wiggle room regarding loans. Where is he going to get the money for his plans?

Lower the price of just about everything, to help match wages v costs.

That means bye bye euro, and to hell with its overstated borrowings.

Not possible to do that. They still owe the money. If they don't pay then they would have no credit to do business internationally. It would be virtually impossible for a developed country to renege on debt. You couldn't reduce the price of things that you have imported otherwise you could not pay for them. There would be mass shortages of essential goods such as food almost immediately.

Any signs of an exit from the Euro would cause massive withdrawals from banks as the deposits would be converted into the new currency, which would almost certainly crash. That would cause a run on the banks causing many to collapse. Money would leave the country pretty fast. The new currency would almost certainly fall very fast. Prices would rise at quite a speed. People would have trouble buying anything.

There is very little alternative to the current austerity policy. The new government will have to continue current policies or get voted down and have new elections.

lets all hope Greece as the bottle to leave the stinking corrupt eu
and start the break up . and get the uk out of the rotten stinking eu .

and by the way our meeting last week we have ditched the idea of voting labour
that horrible abbot put paid to that

back to ukip for our club they will get our 87 votes we have now al agreed
we want out of the eu it of no benefit to the uk non

we have invited the ukip candidate to our club and can use it for is campaign
it will rock the town

A/M LEADER OF GERMANY IS A LIAR A TRAITOR TO HER PEOPLE
a evil vile person a rat .why have they not kicked her out unbelievable

off Wednesday for a few days in the sun