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General => The Cantina => Topic started by: dystopia on June 12, 2012, 10:38:09 PM



Title: Greek Elections
Post by: dystopia on June 12, 2012, 10:38:09 PM
Any predictions for this weekend?


Title: Re: Greek Elections
Post by: twoiron on June 12, 2012, 10:48:39 PM
Given the election is widely seen as a defacto referendum on the country's future in the Eurozone and where I'm certain there a large number of Greeks that don't fully understand the ramifications of them being expelled from from Euro......

On a scale of 1 to Cluster*fudge*, it's like to be end in the mother of all Cluster*fudge*s...


Title: Re: Greek Elections
Post by: dystopia on June 13, 2012, 11:39:56 AM
I have no predictions myself.  Markets should be crazy either way.


Title: Re: Greek Elections
Post by: PaunchyBald on June 13, 2012, 03:03:38 PM
My opinion is;  Greek default.  This will mark the death knell of the Euro as a valid currency.  The rest of the PIGS (Portugal, Ireland, Spain will follow suit.  This in turn permits the US dollar to remain the worlds reserve currency for a few more years.

The US now has a slim chance of saving our standard of living.  Not that any of our spineless poltroons in politics will do us any good.  We are headed down the same path as PIGS.

The only thing that will help the US dollar remain the worlds reserve currency, is fear of China.

I am not formally educated, but, I do read, and listen to smart folk, and I am capable of independent, logical,  thought.  Most Eurocentic, and Americentic people refuse to even consider the consequences of spending trends.

Bread and Circus.

Just sayin'


Title: Re: Greek Elections
Post by: MFAWG on June 13, 2012, 08:03:34 PM


I have no idea what's going to happen, but I'm sure there will be entertainment for a few weeks afterward.


Title: Re: Greek Elections
Post by: gleek on June 14, 2012, 02:05:43 PM
I had my election too. I won.


Title: Re: Greek Elections
Post by: stroh on June 14, 2012, 04:03:43 PM

[Asian: English pronunciation stereotype]

I had my election too. I won.

[/Asian: English pronunciation stereotype]


Wife can't be too happy with that.


Title: Re: Greek Elections
Post by: twoiron on June 14, 2012, 04:23:00 PM

[Asian: English pronunciation stereotype]

I had my election too. I won.

[/Asian: English pronunciation stereotype]


Wife can't be too happy with that.
(http://mralphafreak.files.wordpress.com/2011/11/2-broke-girls-105-2.jpg)


Title: Re: Greek Elections
Post by: stroh on June 14, 2012, 04:26:29 PM
LOL


Title: Re: Greek Elections
Post by: gleek on June 15, 2012, 02:33:37 PM
 [sm_shock] [sm_shock] [sm_shock]

 ;D


Title: Re: Greek Elections
Post by: Aske on June 16, 2012, 10:19:37 AM
it's a sad situation either way
 :sad3:


Title: Re: Greek Elections
Post by: dystopia on June 17, 2012, 01:31:37 PM
Looks like the media is calling it for New Democracy.

Read an interesting take this morning:

Citi’s Buiter: Greece will be forced out of the euro regardless of who wins the Sunday elections
http://www.dailycollateral.com/2012/06/16/citis-buiter-greece-will-be-forced-out-of-the-euro-regardless-of-who-wins-the-sunday-elections/
Quote
And the darkness is spreading through Europe. The “seeds of dystopia” are being planted:
Quote
Throughout the euro area periphery, and indeed beyond it in the ‘soft core’ of the euro area, the potential for the so-called “seeds of dystopia” referred to in the WEF Global Risks report remains a key long-term risk to European political stability and competitiveness, as youth unemployment rises and the social contract between states and citizens erodes.

[sm_shock] The Seeds of Dystopia will rise!! 


Happy...Father's Day? :-\


Title: Re: Greek Elections
Post by: Aske on June 17, 2012, 01:58:39 PM
http://worldnews.msnbc.msn.com/_news/2012/06/17/12260721-pro-bailout-party-wins-greek-election?lite