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.

What a shower the Greek government is. It looks like the deal being offered by Greece is even tougher that the one rejected in the referendum.

Torrids got approximately 37% of the votes.

They were not to the taste of 63% of the voters.

After lying to the voters and the public, they are now tearing up their manifesto promises.

The U-turns have now started again and they are once more selling out politics to their donors.

Corruption continues with attempts at slippery tongues.

.

I see from my email update that the EU referendum bill has had a large number of amendments tabled for it by Alex Salmond. He wants the referendum to fail if there is not a majority within Scotland.

well fred, labour clearly got a lot less and scfotland told them in no uncertain terms what it thought!

============

hays - what you do not see are the very important deals that will have been struck behind closed doors

So what was the point of all the huffin and puffin?



http://www.zerohedge.com/news/2015-07-10/tsipras-letter-troika-full-text#comments


http://www.ekathimerini.com/199279/article/ekathimerini/news/tsipras-seeks-party-backing-after-abrupt-concessions

I would still throw them out. A new deal will come back to bite both parties.

The conspiracy nutjobs may be onto something here, the capitulation in the land of €l Greco is all a bit too pat.



http://kingworldnews.com/paul-craig-roberts-a-shocking-behind-the-scenes-look-at-what-is-now-unfolding-in-greece/

The other side of the story:



Yanis Varoufakis, former Greek finance minister

Friday 10 July 2015 19.25 BST



http://www.theguardian.com/commentisfree/2015/jul/10/germany-greek-pain-debt-relief-grexit

The first story looks like fiction and the second looks like paranoia.

Cynic

Tell your boy, that it's never too late to get your head in a book and start studying stuff. You never know what might happen.....

"and if you missed any of the Greek crisis
it will be repeated in a few months' time"

That is exactly right. I don't trust them to stick to the deal and nor do a lot of economists. It is good money after bad and they will be back for more. Their exit may be the only answer.

Greece is being encouraged to take Goldmans to court over the way they helped Greece fake the figures to get them into the Euro.

Greece news live: Germans tout plans for five-year temporary Grexit after Europeans warn trust is diminishing

Greece's future in the eurozone is hanging on a knife edge.

i don't believe it for a second ...... as i have written previously, there'll be much going on behind the scenes, and i still reckon that greece will be surreptitiously slipped say $200bn, perhaps directly or indirectly by usa, which will be earmarked for specific infrastructure improvements or similar

in that way, greece will seem to be paying its way and neither IMF or ECB will be seen to have "forgiven" any debt

Clearly, confidence from creditors in Greece is completely shot to bits.

Since the terms now offered by the Greek PM just to get a loan are now much worse than originally asked for, the Greek people are also confused and can't now have any belief in their political leaders either. Crazy!

Greece now have to exit the EU, IMHO, and they do have to take the holiday suggestion, leave the eurozone and go it alone.

Q. And so what about the other dodgy members too? This question is now very worthy of seriously being asked and the answer deservant of stronger consideration.

And will the markets now begin to believe we are now going to get a contagion?

I know it's the €urozone, and piigs really can fly.

But how to you conjure up a temporary exit?

They leave for a few years and have to fulfill the convergence criteria to get back in again after putting their economy right. It is effectively saying that if you are telling the truth about reforms then do them outside the Eurozone.

Ah, I see, so short of a miracle, they're gone forever.

Hopefully