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Across spectrum, German leaders condemn Greece's rejection of EU deal
reuters.com ^ | Jun 29, 2015 | reuters

Posted on 06/28/2015 12:16:36 PM PDT by Berlin_Freeper

click here to read article


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To: Berlin_Freeper

No, we’re talking about credit default swaps, not accumulated debt. Serious leverage in those. No one really knows just how much the exposure is.


21 posted on 06/28/2015 1:24:03 PM PDT by Billthedrill
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To: Berlin_Freeper

These Germans are insensitive.. They should keep working hard and into their 70’s so that the socialist degenerate Greeks can work until only 50 and then lay around drinking coffee. Have they no conscience???


22 posted on 06/28/2015 1:26:11 PM PDT by hal ogen (First Amendment or Reeducation Camp?.)
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To: Billthedrill

You need a credible link attached to your 57 TRILLION.


23 posted on 06/28/2015 1:26:58 PM PDT by Berlin_Freeper
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To: hal ogen

LoL!

So it seems.


24 posted on 06/28/2015 1:28:03 PM PDT by Berlin_Freeper
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To: samtheman

Greeks are indeed stupid and lazy and have been trying to cheat the Germans and Europe in general this whole time. Their commie government was elected specifically by the people on the dim hope that they could vote themselves rich. Ireland and all the other countries going through with austerity are slowly but surely recovering. The Greeks want their welfare state without having to take their medicine.


25 posted on 06/28/2015 1:31:30 PM PDT by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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To: grania

Sure, the “elites” took the loans so they could bribe the voters rather than fixing their country. The voters still went along with it. All the Eurozone is is a welfare program for weaker countries like Greece to suck on the productive countries. But that only works so long as the productive countries can be bullied into paying.


26 posted on 06/28/2015 1:33:45 PM PDT by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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To: Berlin_Freeper

I haven’t. I repeated what I was informed of by another FReeper precisely as I told you.


27 posted on 06/28/2015 1:35:36 PM PDT by Billthedrill
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To: Berlin_Freeper

Ultimately, these repeated bailout funds are no more than throwing good money after bad. None of it will be repaid. Yhe sooner Greece goes under economically and goes away politically the better for all concerned. If it precipitates a breakup of Europe, well better now than later. The longer the crash is delayed the longer the fall and the harder the crash.


28 posted on 06/28/2015 1:40:24 PM PDT by arthurus (It's true!)
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To: Berlin_Freeper

WWII reparations would pay the bill just fine!

https://youtu.be/MD6oDnm43HA


29 posted on 06/28/2015 1:43:39 PM PDT by Kolokotronis (Christ is Risen, and you, o death, are annihilated)
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To: Berlin_Freeper
...but I did find the article he was referring to:

Deutsche Bank's 75 Trillion Derivatives

30 posted on 06/28/2015 1:44:35 PM PDT by Billthedrill
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To: Billthedrill
Donate To Zero Hedge
31 posted on 06/28/2015 1:46:50 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Greece has to convince the bankers in Berlin and the politicians in Brussels that Greek government scientists are on the verge of discovering practical and cheap methods for tapping into dark energy. They just need a little more time and a few more billions of Eurinos.


32 posted on 06/28/2015 1:47:01 PM PDT by arthurus (It's true!)
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To: Berlin_Freeper

Did you not get to the link? Did I mispost that?


33 posted on 06/28/2015 1:50:41 PM PDT by Billthedrill
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To: Billthedrill

I am rejecting your article as non-credible.
Goodnight.


34 posted on 06/28/2015 1:53:28 PM PDT by Berlin_Freeper
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To: grania

I believe that a lot of money counted as part of the debt was money robbed from the ‘Social Security Trust Fund’ which is of course empty thanks to Congress.

Perhaps you will never need to collect SS but statistically that is unlikely.

I doubt that people with empty bank accounts will be in large numbers, in accord with your position stated


35 posted on 06/28/2015 1:58:01 PM PDT by Radix ("..Democrats are holding a meeting today to decide whether to overturn the results of the election.")
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To: faithhopecharity
Well clearly she and her former boyfriend jumped the gun before marriage. We don’t know why they broke up. I wonder if dad will be involved.

No more retirement at 50. Folks would have to start working for a living. No government pensions or payroll unless the government started collecting taxes.

36 posted on 06/28/2015 1:58:10 PM PDT by PAR35
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To: Berlin_Freeper
Donate To Zero Hedge

No thanks. If folks want to donate, they should donate to FR. Let the blogger that runs Zero Hedge finance himself.

37 posted on 06/28/2015 2:00:52 PM PDT by PAR35
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To: Radix
Actually, did you know that when someone does not live to collect Social Security or does not qualify for it, the money isn't returned to the person or their benefactors?

Social Security will always be paid. What might happen is eligibility rules might change or COLAs might disappear. But it's just good economic sense to distribute that money which will be almost 100% spent by recipients.

What people should be worried, really worried, about is that pensions have all but disappeared and savings for retirement are accruing next to no interest. It's going to make a higher percentage of retirees in the future totally dependent on Social Security.

38 posted on 06/28/2015 2:03:26 PM PDT by grania
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To: Kolokotronis
Berlin officials have previously argued that Germany has honored its obligations, including a 115-million deutsche mark payment made to Greece in 1960.
39 posted on 06/28/2015 2:03:30 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Greece is the canary in the liberal coal mine. Putting a gas mask on it isn’t going to help the others in the coal mine one bit.


40 posted on 06/28/2015 2:08:55 PM PDT by Cementjungle
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