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Eurogroup Meeting Ends With No Deal
Given that the Greek delegation already left, this is hardly a surprise but...
Finland FinMin says it's over...
That's it for tonight. #Eurogroup will continue tomorrow at 13.00.
— Alexander Stubb (@alexstubb) June 24, 2015
It appears Greek stock investors remain convinced a deal is coming...
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Shocker!!
Every time a “Deal or No Deal” is leaked, Howie Mandel should be charging the Retarded Groika royalties. ;-)
Looney
P.S. Groika = Greece+Troika
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The banks get cash, the debt payments slip and the honchos get lots of big meals.
So what's not working? Well, aside from the country being raped by their allies in the EU.
Say, I was wondering .... So the government can't pay it's debt. That's where this whole thing rests upon. All the misery because of excess debt piled on for years in an unaccounted for (aka fraudulent) fashion. So why are the citizens taking it on the chin? No more unreasonable question than many here pose about the Homeland and it's fiscal and monetary policies.
Oh, never mind. Paternity Court is on now. I don't know why that's not racist, BTW..... But then again, I'm not one to judge, am I?
An even better question knucks: If Greece's problem is too much debt, why in the fuck does the Troika think that adding even more debt will fix the problem?
They had to stick around for the free dinner spread...
Part of me thinks this meeting has got to be a room filled with two groups of people. 4-5 people who know the EUR is a complete fuckup, and want it destroyed, but don't want their country stuck with the blame for blowing the whole thing up, and everyone else who has drunk the coolaid.
While I generally have problems with the French, I would love to know what they think about all this. I still think the French are the pin the hand Grenade that is the EUR.
Adding more debt will never fix the problem. The black hole gets bigger, hungrier. If/when interest rates go up, everything will implode. Greece WILL default one way or another.
Good question. It seems to be much like the idea of paying a credit card balance with another credit card or doing a balance transfer.
Three-card Monte comes to mind. "Hey, which card is the debt payment under?"
Hey El V - The Troika knows adding more debt will fix the problem because they all have PhDs in Economics...
Some of them are lacking even that.
Well, simplified so that a layman can somewhat understand the general concept of it, the problem is that you are looking at debt from an outmoded two-dimensional model circa 1883.
If you place the current trajectory of events in a properly modernized multi-dimensional configuration, you can see that infinite debt performs in exactly the same fashion as the infinite universe that creates the debt within it.
Even though both universe and debt are infinite, they twist around upon themselves and eventually end up right back where they started.
As a result, it is only by pushing forward towards infinite indebtedness do we find the path clear towards adding one more quark-iota of borrowing which will instantaneously result in the debt universe kicking back over upon itself and resetting to zero.
It is therefore to everyone's benefit to immediately pile up all the debt that can be obtained in order to get everyone out from under the unsustainable weight of a debt that is only at near-infinite proportions.
Everyone get busy. A Merry (and debt-free) Christmas in 2015 depends on you and you alone.
Groundhog Day ! It will only end when/if they'll manage to do the right thing: restructure Greek debt (as in allowing the Greeks to default on 50-60% of their debt). Not holding my breath...
They have to make it look really convincing.
Like some old slups punching their time-card in a dusty coal mine...
Greece did not agree to be a serf to the Western banking cartel forever?
Shocking
That is worse behavior than Iceland's. This will not be allowed to stand.
Oh Noes! The end is near. Save yourself while you can.
Whew, that was close. They had me on the edge of my seat. Can't wait to tune into for's tomorrow's action?
When does this sitcom come out on Netflix?
The Souvlaki Chronicles - 36 episodes
sooner or later they are going to need a new can to kick
I'm almost done with my beer. I'll get another one and then donate this can.
I came to make a witty comment, but cant think of one for this redunculousness
PENIS!!
I'm going to start playing the penis game everytime the IMF kicks Greece in the balls.
It's over only for tonight. The puppets of the EU leadership have not yet the permission to sign the deal (usually reliable source). The powers behind this Sitcom want to pull a few more toe nails from Tsipras!
Eurogroup will continue tomorrow at 1300 hours.
Really?? Fuck 1 in the afternoon. Does that really give you enough time to sober up, have a swim, pay off the hooker, maybe wolf down a 5 course breakfast. Shower, shave, take a dump - get to confab center. Nail a few martinis for lunch...
And than grind - yes grind I tell you - maybe from 1300 to 1500 hours of 'work' and shit. And do it all over again.
The Greeks will run this con as long as they can get away with it - expense account bitches....
That's not it for tonight. Now comes dinner, 1000€ in hookers and a 5* hotel.
They start their day at 1PM? Damn, thats better than bankers' hours. Lazy fucks.
deal will be near on friday, promised for monday,
reflected in more ucrainian trouble starting friday evening, continuing over the weekend
lalalalalalalalala
DEAL
NO DEAL
Same old shit different day for 5 years.
EU will hold a meeting tomorrow to try to agree to an agreement to ask that the Greek representatives might agree to return from Greece so an agreememt can be agreed upon. Markets will scream into open till about 3:30 GMT when Tsipras will tweet FU EU!!!.
I thought the latest was this monday. I think its all over red rover.