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Latest Greek Negotiations Fall Apart; Risk Slides After Greece Says "Won't Take Orders On Bailout"
UPDATE: *EU FINANCE MINISTERS' TALKS WITH GREECE OVER FOR TODAY, GREECE SAYS WON'T TAKE ORDERS ON BAILOUT
EU President Jeroen Dijsselbloem to explain just how far apart they are now...
* * *
Dijsselbloem headlines:
- *DIJSSELBLOEM SAYS MINISTERS WERE DISAPPOINTED BY WEEKEND TALKS
- *DIJSSELBLOEM SAYS BEST WOULD BE EXTENSION FOR GREEK PROGRAM
- *DIJSSELBLOEM SAYS EXTENSION WOULD ALLOW FLEXIBILITY FOR GREECE
- *DIJSSELBLOEM SAYS EXTENSION WOULD INVOLVE COMMITMENTS
- *DIJSSELBLOEM SAYS WOULD NEED AGREEMENT TO ROLL BACK MEASURES
- *DIJSSELBLOEM SAYS WE STAND READY TO CONTINUE DISCUSSIONS
- *DIJSSELBLOEM SAYS IT'S UP TO GREECE TO DECIDE ON EXTENSION
- *DIJSSELBLOEM SAYS COULD BE EXTRA EUROGROUP ON FRIDAY
- *DIJSSELBLOEM SAYS WE HAVE THIS WEEK, BUT THAT'S ABOUT IT
So the 10-day ultimatum was just extended by 40%? Clearly The EU is worried.
* * *
Well that didn't last long. It seems - just as earlier in the week - the ability for either side in this Euro-system death match game of chicken to find any common ground to even start negotiations remains lost:
- GREEK GOVT OFFICIAL SAYS THAT "IN THESE CIRCUMSTANCES, THERE CANNOT BE A DEAL TODAY"
- EUROGROUP DISCUSSED "UNREASONABLE", "UNACCEPTABLE" DRAFT TEXT INSISTING ON EXTENDING BAILOUT
Full statement (and rejected phrase) (h/t @EdConwaySky)
* * *
The reaction...
* * *
EURUSD is tumbling and S&P Futures are falling fast.
and Greek Bank Bonds had been hinting at problems all day...
Further comments:
- *GREEK GOVT OFFICIAL SAYS NO AGREEMENT POSSIBLE AT EUROGROUP
- *GREEK GOVT OFFICIAL SAYS EU PROPOSALS `ABSURD,' `UNACCEPTABLE'
Greek govt official says in e-mailed note that Eurogroup Chairman Jeroen Dijsselbloem’s proposals for the country to observe its existing bailout commitments are “absurd,” “unacceptable.”
#Greek govt says text presented at #eurogroup was a reversal of agreement @atsipras & @J_Dijsselbloem made last Thursday.
— Peter Spiegel (@SpiegelPeter) February 16, 2015
According 2 draft I got, #Eurogroup called for "best use of existing built-in flexibility in the current programme." Hence #Greece objection
— Peter Spiegel (@SpiegelPeter) February 16, 2015
A Greek government official said that a draft text presented to euro zone finance ministers meeting in Brussels on Monday spoke of Greece extending its current bailout package and as such was "unreasonable" and would not be accepted.
Without specifying who put forward the text to the meeting chaired by Dutch Finance Minister Jeroen Dijsselbloem, the official said: "Some people's insistence on the Greek government implementing the bailout is unreasonable and cannot be accepted.
"Those who keep returning to this issue are wasting their time. Under such circumstances, there cannot be a deal today."
* * *
So this is the next key event:
Over in Frankfurt, the ECB Governing Council will meet on Wednesday.
Close attention will be paid to any decision the governors take on Greece and its lenders' access to central-bank liquidity. Already, Greek banks, which have been hurt by an outflow of deposits due to the country's political and financial uncertainty over the last two months, can no longer use their government's bonds to get liquidity from the ECB, depending instead on more expensive emergency funding from their own central bank.
But of course that still leaves the uncomfortable post-Eurogroup press conference and statement which we suspect will be even more uncomfortable than last week's for Dijsselbloem.
"GREECE WILL NOT CROSS RED LINES IT HAS DRAWN" all board! pic.twitter.com/zWqhbqLAoT
— Mr. K. H&S (@ECantoni) February 16, 2015
Zee Germans are not happy and, as KeepTalkingGreece reports, are now suggesting Tsipras replace varoufakis at the negotiating table...
An SPD politician from Merkels’ social-democrat coalition suggested s that Prime Minister Alexis Tsipras should replaces Finance Minister Yanis Varoufakis as he apparently creates lots of confusion, German politicians cannot understand.
SPD executive board member, Joachim Poß, wrote in an e-mail for his party colleagues:
“Greek Finance Minister Varoufakis has best demonstrated with his performance until now, that he is not up to the demands of such an office. In the interest of the Greek people and in view of the difficult situation, Prime Minister Tsipras should consider to replace Mr Varoufakis with a political experienced, realistic-efficient person.” (Handelsblatt)
I suppose Varoufakis is an overwhelming challenge for some petty-minded politicians. He is much more than they can take. Or they just want a Yes-Man.
* * *
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Fuck off Greece.
Fuck the Market for thinking there would be one.
Everything is awesome!!!
If they had come out and said they DID have a deal, I would be surprised. Zee Gernmans are gonna watch as Greek banks start to run out of money and get desperate. Then maybe take another swing at this.
This sounds too much like "not today, but maybe someday soon" to me.
Exactly. This dog and pony show has whiskers. Let's move on the Italy, Spain, and La Froggies,
and really scare the crap out of the banksters.
We have a lowly IT tech guy from Goldman Sachs who has been found guilty for the murder of a drug dealer....hmmmm
Former Goldman Sachs employee convicted of killing drug dealer, Bronx DA saysYou mean he killed his boss at Goldman......workplace violence
Didn't the EU tell Greece that they had to ask for a bailout by today or leave the EU? Or was that like one of Obama's famous red lines?
Something like that.
What it boils down to is - you cannot be a democracy and remain in the EU. Elected officials who speak the truth to voters are simply unacceptable.
Victoria Nuland said it best.
Next move is a bank insolvancy somewhere in Greece, with the ECB riding to the rescue if, and only if the Greeks do what they are told.
If not -- Syriza's promise of "stay in the EUR and get debt wiped out" promise will get nuked from deep earth orbit. He'll then have a choice;
1) Renig on the "no more austerity" promise
2) Renig on the "staying in the EUR" promise
I think that this is the EUR's next play, and they don't think he has the balls to actually pull the plug. We'll see.
I'll gladly not pay you Tuesday for a hamburger today.
Pass out the nailguns please.
The Greeks should realize that a socialist-fascist family is not welcome in a fascist-socialist neighborhood.
24 hours more and Schäuble will flinch...hold on...
the eye twitch(coke twitch), then stomach pains. the runs next, then anger and breakdown as in blown off head... now would that be nice on time lapse photo.
blown head gasket (or off with the fucking head-useless anyways).
Or you could just watch 'Scanners'
no, just fuck the scale of the gfx... com'on from 1.14 to 1.13.... it's same problem with men view of the world when they look at their small dicks.
1cm more or less will not do much since 99% of fucking bitchs cum from clit... vags r cum receivers, no more...
Should we be putting our gas masks back on?
Only if you are a EUZI (EU Nazi)
neil farage told you all.
Nigel.
They EU should WELCOME this resistance to cut Greece loose.
They are ALREADY out any $$$ Greece owed, AND the bailout $$$.
Why throw more good $ after bad ?
I dunno if the Brussels unelected banker reps will allow a clean exit...
I was looking at the charts, and it reminded me of a statement from that android buddy of mine, Lt. Data. The fall is dramatic in all of them...
https://www.youtube.com/watch?v=oWoPdZ986oo
I'd be looking into the possibility of another false-flag attack, in Athens.
Yea. Then let Italy, Spain , Portugal, Ireland go too, they're all losers. What about France ? Hey, Let's just dissolve the EU, I'm sure this is exactly what the bankers (not elected) running the EU want (sarc.)
This is why this a turning point.
Anybody wanting Greece to stay in to pay interest on interest debt notes and forfeit assets has some sort of evil nature to them.
Exactly. But the trend may be a German friend, it looks like to me.
Seems Greece as a German export market is all tapped out.
But the US!!!!!! We all know German products are the best shit.
Damn, weak Euro, strong dollar.
WTF is there for the 1% not to like? Hell. even the top 10%. Wet dreams going on here in the Homeland financial underling sector. And it ain't like the krouts cannot count.
Greece has been strip mined of its low hanging fruit for many years. Now it's time for the ubermen to grab the brass ring. Amerika.
We know how to treat our oligarchs here. And--more importantly--also the essential underlings.
Strong $ here we come.
Long as the Germans can exploit the euro, at least.
Ebay has what Greece needs! - But who would give Greece a paypal account?
http://i.ebayimg.com/t/4-Auto-Aufkleber-EURO-NEIN-DANKE-Anti-EURO-Sticker-1-gratis-END-THE-ECB-/00/s/NjgwWDY4MA==/z/alEAAOSwv0tU4nSK/$_58.JPG
The Greeks should realize that a socialist-fascist family is not welcome in a fascist-socialist neighborhood.
No, it's really only about which group of Fascists / Socialists are in charge and the recipients of the looting. The Fascist / Socialist banksters can brook no competition.
http://www.zerohedge.com/news/2014-02-07/4th-financial-services-executiv...
Just over a year since the nailgunning began.
Choose your next words carefully, Dijsselbloem... http://t.co/iUkMJAmfHR
Reality may make them renig on both promises.
Renege: to go back on a promise or commitment; to refuse to do something that you promised or agreed to do.
This is all just noise from the bleachers until Putin steps up to bat. But he won't play either unless / until they clean up their act. That's the main problem with almost everything we see today in international affairs: too many scheming psychopaths and pigs at the trough, and nobody willing to wipe their snout and do what's right. Nuland says it best: FUCK THE EU.
putin consulting behind the scenes. this is heading right to his strength.
location, location.
location, location.
+1. Putin, and Europe, know where they live.
Renig- Shift change at the local fast food joint.
The EU is just as conflicted. They want to own Greece and to make the Greeks renters. Ownership of the infrastructure (including power distribution system), ownership of the natural resources and of the islands. They attempted to get these terms into past "bail out" money (really bail in as most went to banks to then repay outside banks but with the new obligation now on the Greek citizen as much as possible) with what seems limited success. They plan to lead Greece to that type of ownerous agreement in the future but must get Greece to take the initial bait.
But the EU wants Greece to avoid a default due to contagian effects. Although by now the bankers have prepared to block contagian it is new territory and total success doubtful.
But if Greece is to stay in the EU they must be forced to accept slavery. They cannot have Greece using a veto vote to block corrupt actions (new sanctions) wanted by the mafia in the US/Israel/UK, including acceptance of upcoming actions by NATO. If Greece cannot be controlled they may prefer to force Greece out. Control could be an initial deal followed by leadership change through some form of covert actions, possibility thinly disguised plane accidents. (If I was a key individual in this for Greece I would NOT fly together.)
Oh, be serious. Suppose somebody walks into bankruptcy court and tells the judge "I simply cannot pay my debts". And the creditor says "he owns a house, two cars and a vacation house on the lake". The judge is going to order some asset sales. That's not "accepting slavery", it's fulfilling the obligation.
This would be right in my book Nick, if they did this right from the beginning. But now they forced Greece take all the billions of losses of their banks and gave Greece billions of loans and a program that would work, which didn't work and turned out to make Greece even more indebted and the Greeks worse off
It's Odious Debt. Prima facie.
Exactly!
But they will come up with a compromise. Nothing to see here, yet.
Debt that cannot be repaid will not be repaid.
Unless you can force taxpayers to do it. Bail-outs represent debt...right?
Ummm...
NIRP!
HAIRCUTS!
CYPRUS!
ECONOMIC SANCTIONS!
(Janet, this is Bibi. I've got a mission for you, whether or not you decide to accept it. Have Cannigula and the Wookie meet me STAT. We've got a Bankster 'code-red' situation! Naturally, should you or any member of the IMF/BIS team be exposed, I will disavow any knowledge of this conversation. Good luck, Mr. Yellen.)
If THAT doesn't work, it'll be time to SPREAD DEMOCRACY via REGIME CHANGE!
LOL Cannigula.
I'm stealing that, but will attribute it to you when I use it.
In the real world what cannot be paid, won't ! It doesn't matter all this "song & dance" circus put up by both sides, they both know this truth. It's just that the Europeans don't want to accept it, and are trying to fight this economic gravity law, just because they don't like the outcome. In the end however, you can only fight gravity for so long...
These were bad loans from the beginning, and everybody knew about it (despite their pretensions to the contrary). The lenders will now have to swallow the losses... that will hopefully teach them for the future that showering money (even if they are "free") upon unworthy creditors is NOT a winning business strategy.
For the Greek side, it's even simpler: live within your means, because it's all you have (like it or not) !
This will be the final resolution for each and every EU "problem" (i.e. Portugal, Spain, Italy, Ireland, France, etc). Whether it will happen now or in a few years, the result will be the same, just the process will get more painful with every delay.
Now, it's my personal opinion that it would be much easier for everybody if the Germans would take the initiative and pull out of the Euro zone, and let the chips fall where they may...
The "night and fog" order has been given.
@angelofjoy: So your "live within your means" lesson/Golden rule applies only to Greece? Just how long have you been alive? How many spectacular boom/bust cycles have you experienced in the USA? Real estate, dotcom, real estate again and soon dotcom again... Grow up and read some fucking history. This isn't a Greek problem, this is a bank credit problem. For fuck's sake please grow up.
The Greeks will have to live within their means (at least for a good number of years) for one very simple reason: they'll be cut from any Western credit after this ! The moment they announce that they default on their debt, they'll be out of any credit lines in USD or Euro (like Argentina, if you really want an example...). It's rather obvious, really...
But they'll probably get Eastern and/or Russian "assistance", a "chink" in the European armor so-to-speak.
It's possible, but that won't be enough by far. The goold old times of USSR, where Russians (or Chinese for that matter) would subsidize entire countries for the sake of ideology, are long gone.
"Next move is a bank insolvancy somewhere in Greece, with the ECB riding to the rescue if, and only if the Greeks do what they are told."
I'm pretty sure the banks have been insolvent for some time. Their NPLs have been running much higher than ever stated.
so when does the tit quite giving milk(ELA)?
"you cannot be a democracy and remain in the EU."
Switzerland said it best.
Exactly! What the hell happened to the big ultimatum? I'm gueesing the they dropped it as soon as they realized that they aren't dealing with "political-experienced" yes-men this time.
EU: Get rid of this guy. We want someone we can buy!
Absolutely the most stunning thing in the statement, unbelievable... Send us someone not skilled in game theory so we may sucker them immediately...
"German politicians cannot understand."
It's all Greek to them!
it's like....
you better agree to give us our $200 Billion Euros back....
....or we're NOT going to give you $2 Billion Euros!!!
lol
Use the Iceland model, default, screw the banks and move on...
Except Iceland actually implemented reforms. The Greeks never will. They want everything and someone else to pay for it.
Yes, I believe they agreed to pay back the bankers that their bankers betted on but on their own time scale. Then they had the balls to actually arrest the bankers inside the country which created the financial mess.
Iceland is out of the euro and EU.
As Greece and all the countries should.
In this scenario makes a huge diference.
Never steal drugs from the Squid
eight guns pointed at ya...
Podemos already is surging in Spanish pols. The end of austerity is virtually a given if Syriza manages to hold this line and set a successful precedent.
It still beggers belief that through out all of this no one has suggested giving money creation back to the people and away from the banks.
This crisis is soley due to fractional reserve banking and until we get rid of that these debt problems won't go away.
Not to mention the American revolution that threw out the Bank of England, followed by issuance of value-based, interest-free currency, only to then allow corrupt 'representatives' to give money creation power back to private banks - 3 times in the next 150 years. A tragedy and America's most notable disgrace:
http://whatreallyhappened.com/WRHARTICLES/allwarsarebankerswars.pdf
Every US President who tried to stop it ended up dead. Kennedy was the last to give it a go.
I guess it's asking for too much for it to happen to the fudgepacker...
"Every US President who tried to stop it ended up dead. "
This is not true.
Andrew Jackson was not assassinated. Jackson was full of lead schrapnel and shot and suffered from the damage and aggravation egregiously thoughout his presidency; but, none of this was due to assassination attempts per se.
Jackson took actually led calvary troops into battle -and I do mean led, and he paid for it by being shot in battle on more than one occasion.
Jackson engaged in -and won- duels with personal and political enemies.
This was man of courage, guts and determination the likes of which the United States has seldom seen anywhere near the presidency since. JFK was no warrior-prince. Reagan only played the war hero.
The most tenatious and knowledgeable about the true costs and horrors of war since Jackson was probably Eisenhower. Eisenhower was also a humanitarian who would have spared Hiroshima and Nagasaki. Eisenhower the honest who warned the entire nation -and the world outside- live on television of the dangers inherent in the MIC.
He may not have been a great president ( corruption ) or a great humanitarian ( native genocide issue ); but, Andrew Jackson was a tough SOB that was unafraid of a fight or even of engaging in what was in his time considered modern mechanized battle-field combat... THAT is the kind of man it is going to take to bust up the Oligarchy and restrain the banksters in the United States.
We need a man of the caliber of a Jackson or an Eisenhower to fix this mess...
A guy named Richard Lawrence tried to shoot Jackson but his pistol didn't fire [twice], then Jackson beat the shit out of him with his walking stick.
Eisenhower tried and failed.......but at least he warned us.......VOTE FOR ANDREW JACKSON
Was,nt Eisennhower the commander in chief who had almost 2 million German POW,s esentially murdered by having them herded into open fields "camps" in winter without shelter, sanitation,food or water . Just left to rot alive without escape, punished GI,s who felt sorry for them and tried to help ?
Greek tax payers aren't paying. Greece can't borrow to pay government workers. Government workers won't tolerate austerity. Something definitely has to give.
Greece will have to create their own currency to pay the government workers. That is making "trading promises" they have no hope of delivering on. The only way they can deliver is through the tax payers paying ... and they won't. So the government will DEFAULT on their trading promises. By the relation INFLATION = DEFAULT - INTEREST, and with DEFAULT of near 100% assured ... and INTEREST of 0% assured ... INFLATION will explode. In the end, black markets will prevail. Government workers have nothing to trade on the black market.
There is only one way out. Pare government down to what the taxpayers are willing to pay for. Adopt a Medium of Exchange (MOE) that is properly managed ... i.e. treats government as the deadbeat trader it is, making it pay as it goes.
Greek government workers losing their jobs (or being paid in worthless script) is inevitable.
... am too simple of a a mind to completeley comprehend and understand this EUR-Greece thingee but well put.... too bad your scenario won't happen in the USSA..... too bad....
The USSA is upside down (government bigger than the economy that enables it) just like Greece. The US taxpayers aren't paying ... just like the Greek tax payers. The US Government employees (and suppliers) will not accept austerity. Something has to give.
The USSA has maintained this imbalance by being the the world's reserve currency manager ... i.e. the world's go-to counterfeiter. We're close to having over 1/2 the world no longer agreeable to that. Something's got to give.
It won't be pretty and it won't be stopable. Those who are now the most independent and self sufficient (and can defend themselves from those who aren't) are the only ones who can hope to endure the reset.
Our main goal is to have a workable plan after the reset. The Mises Monks want to be that. If they succeed, it's out of the frying pan, into the fire.
...and really scare the crap out of the banksters.
Jump, you fuckers.
You can cross Spain off the list as the leader of Podemos (Spain's Syriza) has come under suspicion of being a Soros Manchurian...Pablo Iglesia is due in NY I believe this week to be interviewed by another Soros asset Amy Goodman. Venezuela is not happy about Podemos taking money and then turning around and slagging Venezuela and the Bolivarian Revolution. just sayin' is all.
You still don't get it do you???? Varoufakis meant what he said at the outset weeks ago.
So that "most critial" meeting came and went, and apart from a drop in EURUSD, nothing really much happened.
Again: more ZH conspiracy scaremongering, all in vain. Better go back into your bunkers and count those roles of toilet paper again!
the year is young...................
Oh you.re absolutely right, but I doubt a Grexit will happen any time soon. The Greeks are playing hardball to get a better deal, but once that is in place, the Italians, Portuguese and Spanyards will be next in line. That's when things will become interesting, but for the time being I guess that the politicians can push the Greek skeleton back into the closet for a few more months.
will those also be more zerohedge conspiracy scaremongering? lol
EU: We have a deal that would extend the bailout program.
Greece: We will not extend the program, you need to cut what's already there.
EU: No, we will extend your program, we will not change the terms.
Greece: Fine, have it you're way, I have a 3 o'clock with Putin.
Bitchez!
I say let the whole fucking thing come crashing down...
Hm, today's meeting collapsed earlier than expected...
How long before main stream media reports this story? Maybe highlights from last nights SNL40 will be shown, or some ISIS story?
Haha, reminds on the eve of the flash crash 6 may 2010 on bloomberg tv. And now we switch to ... for an interview on the live of sir Athur Conan Doyle :)
Now, the thing to do right here, is somebody needs to come in and sell a shitload of gold futs.
That'll show 'em...
Great idea, sell maybe $80B of gold futures.
Better yet, sell 6 years of gold production in 6 milliseconds or less.
When I wake up tomorrow morning, spx futures will be trading higher....just because
"the market" doesn't think for itself.........also, I looked and looked and could'nt find any "fast falling" futures anywhere.
and, just like LEH (when everyone knew LEH was on verge of BR), everything is awesome. until everything fucking blows and every TBTF needs a bailout.
But no-one wants to be a SIFI. Burn them all down and erase all the debt. Why should the average person have to pay or be on the hook for poor corporate governance and moral hazard.
Because corporations can afford their own politicians and you cannot.
Brought to you by Carls Junior.
FUCK YOU! I'm eating.
What are you talking about??? They now sell grass fed beef!!!
/Wink, Wink !!!
"Prime Minister Tsipras should consider to replace Mr Varoufakis with a political experienced, realistic-efficient person."
Perhaps Paul Krugman?
No, not now, at the moment he's busy with destroying the Japanese economy.
I personally think that the Greeks will fuck up whatever they get, because that's how socialism and socialism lite roll, but on that one, I would be pissed if I were in Greece's shoes. Fuck their kleptocratic bellyaching. Varoufakis is saying that Greece is unable to kick the can any further and the EU is telling them that, come hell or high water, they must kick the can. Who is being unrelaistic here?
whenever you have somone with critical thinking skills and the experience in the data to back it up and you are getting nowhere in the negotiation - tactically call attention to his personality and say he is X,Y, Z - all vague accusations - so that a weaker negotiator comes in
i dont think the Greeks will fall for it - even if the Germans wont negotiate with Vak
I see those vague accusations as bellyaching and they would only make me more determined if I were in Greece's shoes. I've seen crooked fucks who will ruin people start whining about how it's not fair, and that the other side is a stupid meany when somebody finally calls them on their bullshit. I do not like it one fucking bit when I see it. I hope that Greece does the equivalent of nuking the EU if that's how they're going to play.
don't worry - they have 19 hours or so to push the futures green for another magically delicious open, piece of cake
Imagine, Greece exits Euro. Lowers income tax on corporations. Lowers income tax on individuals. Basically goes the entirely opposite of what the EU wants. They can even experiment with a quasi gold standard to recapitalize new banks. New Banking center in Europe to compete with HSBC which has been exposed to law enforcement and the public at large.
And I don't think a psychotic socialist will even consider lower taxes and a gold semi-standard. He'd rather up taxes and encourage more shrugging and watch the whole monster collapse into bedlam. After all, that's what the non-taxpaying public voted for, wasn't it?
Stawks are still green! Go Kevin Go!
watch the market put more tops and bottoms then oprah winfreys weight. lol
I think 3 things are the case here.
1) Crude / energy is nearing a bottom here => http://bit.ly/1fMcakI
2) There is much BS, and manipulation about teh GREECE Crisis,
3) They will make the GREECE crisis seem bad, and send the market down a BIT so that Smart money who missed this nice rally in FEBRUARY can get back in and Make Big money in the coming months.
Time will tell.
I downvoted you, unless there's an irony I've missed.
DavidC
he's upset the young boys will be priced in Drachma
Stand back,
or the Greek shoots himself in the nuts.
I think its more like stand back, or the Greeks shoot everybody in the nuts, including themselves. There really is no good way out of this for Greece, and if you stand back and look at it an longer terms, there really is no good way out for the EU either. "To be, or not to be?" for the EU is the same as "To kick the can or not to kick the can?"
Time to kick the can down the road AGAIN.
No irony whatsoever.
The "This is madness" clip from 300 applies perfectly in this situation. But, contrary to popular belief here, Greeks are in the role of the Persian messenger here and Eurogroup is King Leonidas. And Greeks are going to end up in the hole.
https://www.youtube.com/watch?v=-qR0Uke2XNI
Greeks dont need cash, government or the Eu, the entire Greek economy has operated under barter for 1000s of years, cash is only used by tourists for the most part . . . and the Euro already drove most of those away anyway so . . .
If the Greeks don't need cash, then why are they asking for more loans with no conditionns from the EU?
So they can continue to pretend they are a 1st world country.. Ohh and to prop up the banks owned by the oligarchy musn't forget that...
Because they know they won't be paying them back and it is therefore free money.
So what you're is saying the the EU is going to end up dead and that the EU is killing the canary in the coal mine that is warning them of their impending death. If the EU wants to be suicidal that's up to them, but that doesn't exactly speak well for the future of the EU economies.
I was in Greece for a number of years and I believe you have the rolls reversed. Though not a Greek myself, I do know many who felt that the Spartans were heros not just stupid for 300 to fight 10,000 enemy and get themselves killed like many here and in Europe feel. I have visited Thermopylae and there is a spirit there that can penetrate the psyche. It is our Patric Henry, "Give me liberty or give me death" feeling. BTW: when was the last time you heard a sheeple talk about that? I do not know if the present Greek Government has this strength but I wouldn't bet against it. My avatar is from the monument at Thermopylae.
The general consensus is Germany is going to be the one who goes and "Fucks off".^^
If you're in for losing even more money...
I for one am happy that these fucking Greek free-riders will be left to their own fucking rubbish and soon can play with their ancient crap only, forging numbers for the next 2000 years, when civilisation will meet them again amidst the ruins of a failed ideology !
Yippie !
I upvoted you for your tits..... at least I'm honest
How about your dick, does it prevent you from thinking clearly all the time...?
I like to think I think clearly.... But clearly all I'm thinking about is pussy
Testosterone will do that to you. Cut off your dick, take testosterone pills, and still all you will think about is pussy.
your just like the EU baiting him with tits and then telling him he was wrong for looking at the tits too long.
lol, he is just like Greece: wielding a rather small one that still manages to ABDUCT all his former brainpower and turn him in to some hostage of dirty thoughts. hehehe
Seriously, Greece must leave and clean up their act alone, else they won't go after their corrupt politicians etc... Why a European taxpayer should pay for their undiminished idiocy is entirely beyond me.
Time for the Greek to learn Chinese, but they will wake up - much surprised (of course) - in "Angola". Time for the Red Cross to build some tent city on Syntagma place for the newly arriving homeless, victims of radical scumbags.
your advertising crack to crackheads, then complaining how retarded crackheads are and how they will end up killing themselves. but when the crackheads are all dead, all you are left with is crack.
... and green pastures, and my 12 healthy children, hehe
I believe it was our own Gold in Sacks that forged the umbers for them.
you didn't lend them money did you?
"EURUSD is tumbling and S&P Futures are falling fast." Bullshit! Nothing but ANOTHER buying opportunity!! All of Europe could go up in a Nuclear fireball and the S&P wouldn't drop 50 points - Tyler, you should know better.
your a hero!
http://www.zerohedge.com/news/2015-02-16/what-risk-spoils-go-ignorant-on...
This one goes to 11.
@Williambanzai7: crickey, that's one of my all-time favourite albums, along with "Blow By Blow" also by Jeff Beck.
Rod the Mod had nothing on Bob Tench. Yikes!!
Big deal. Down 6 S&P points. AU and AG not moving. Zzzzzzzzzzzzz....
Greek dancing music: http://youtu.be/IiZyuG1tOHk
@"elegance"
FUCK GOLDMAN SACHS (and even that would be too good for them)
2093 to 2087....really Tylers, plunging, cratering, collapsing, really,
wake me up when the S&P is down oh say 600 points, until then, all this is just
financial managment...hey what is max pain for this week...wink wink.
Carry on, nothing to see here folks, more BTFD.
Yawn
The Eurocrats would much rather deal with a reasonable FinMin, like fat boy. Every time Evangelos agreed with the need for 'austerity', half the Greek people gagged. This hypocritical fuck never practiced austerity a day in his life - a perfect frontman to sell the Greek people down the river. Check out his official picture, though WB has done him a lot better:
http://en.wikipedia.org/wiki/Evangelos_Venizelos
What part of "It's over" don't they understand?
Have you ever dated a psycho bitch that just won't go away no matter how often you say "It's Over!"?
Dated, no... fucked...
now that you mention it...
Kaiser, you know better than to stick your dick in 'crazy'.
It's just bad policy.
I'm pretty sure alcohol was involved, but it's amazing what actresses they can be for a week or two;)
I've "dated" a couple of actresses, no one you would know, but NOT RECOMMENDED. Game playahs on steroids.
Do not try dating aspiring opera divas, they make the actresses appear sane.
Sheesh. Don't you kids know the old saw "Never sleep with a person crazier that you are?"
Or beehives. Just saying.
Germany looking for a bunny to burn and shove into a Greek pot. "I'll show that Greece!"
Greek gets home, sees what's in pot. "Mmmmm. Stifado"
Yep, I ended up marrying her. Made my life miserable, but the sex was great
@walkure and kaiserhof
Ever been stalked and then shot to death by some psycho guy who thinks he owns you and if he can't have you then no one will?? It happens every day to women.
Play Misty for me Lady !!!