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If Greek Banks Are "Fixed" Thanks To Draghi - Then Why Is This Happening?
When we noted that Greek banks would re-open Monday - thanks to gracious handout from The ECB, we questioned how much faith depositors would have? It appears, given the 4% tumble in National Bank of Greece ADRs that, judging by investors, that 'faith' won't last very long...
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look, GREECE IS FIXED, now focus on beyonce's new hair style, god damn it
It will go down like GREECED LIGHTNING!
Because, of course, the skids are GREECED, yuk, yuk, yuk.
International Socialism must be destroyed
Kardashian found a grey hair [on her head] and is pertified she's getting old.
Off Topic: Didn't Puerto Rico miss a bond paymnet today? Or does that even matter.
Don't worry, the market is just looking to FILL THE GAP. Greece is contained. /sarc
The faster the Greeks learn to speak German, the better off they will be.
I thought they tried that once in the 1940s. Or, wait a minute, do you mean the Greeks living in Germany now? Sure are plenty of good Greek jernts in Deutschland.
So will Greece plant trees down the main avenue like France, so Germans can march in the shade?
banks to reopen?? really?? thats ballsy Draghi! open at 9am and out of money by 12pm.
perhaps the greeks are a bit more clever....'nai', get some more cash, then flip the bird. games begin monday!
"Safety" deposit boxes emptied by 10am.
What is this 'faith' thing of which you speak?
It'll be a mad dash to stash cash before it's gone a _______ ?
(If you said 'flash' you would be correct, partial credit for nanosecond.)
They'll convert euro's to dollars, yuan maybe yen.
No way will they leave anything of value in the Banks.
So, yeah..."out of the Bank into the House."
Cover this with Kim Kardashian's ass
Too big a gap.
Oh wait...
Where I grew up "fixed" means castrated.
Where was that, Lopitoffvia?
Cross out Greece and call it Germany.
I didn't know the US was allowed to get news from Europe
http://captiongenerator.com/50588/The-greek-situation-explained-by-the-Spanish-guy
http://captiongenerator.com/50588/The-greek-situation-explained-by-the-Spanish-guy
The ECB problem could be a lot bigger than the Greeks and their banks
It is not the run on the banks - it is the run from the EURO
17% (!) of EUR denominated currency reserves have been dumped in the last 12 months per available IMF data
that is 265 billions EUROs have been dumped already by world's central banks
http://data.imf.org/?sk=E6A5F467-C14B-4AA8-9F6D-5A09EC4E62A4
It's clear that non of this is going to last for much longer as these "incidents" are only going to increase in both speed and scale. It is literally inevitable and will increase with exponential growth with time. Per today they are still able to fix the holes just in time before new ones occur. But, as we have seen, the FinMins, PMs and Troika are BARELY able to hold their head above the water. Which was much thanks to Greek politicians who in the final moments ignored the democratic vote of their nation. The can has again been kicked further down the road...but how hard was that kick really given the effort that was put into it? Not hard. Look for these things to occur several times per year as holes emerge all over the place. Once that happens that is when the system will implode. Untill then; I guess it's BTFD!
I hope the bankers are sectioned off in hell, if not I am gonna regret alot of my decisions.