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Greece to Default on IMF in May, June if No Deal Reached
Townhall.com ^ | April 14, 2015 | Mike Shedlock

Posted on 04/14/2015 3:28:43 PM PDT by Kaslin

Edited on 04/14/2015 4:11:15 PM PDT by Admin Moderator. [history]

Greece is threatening to withhold payments to the IMF in in May and June. This time it does not sound like a bluff. And if it's not a bluff, we will finally know precisely when midnight occurs.

The Financial Times reports Greece prepares for Debt Default if Talks with Creditors Fail.


(Excerpt) Read more at finance.townhall.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:

1 posted on 04/14/2015 3:28:43 PM PDT by Kaslin
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To: Kaslin
Greece has two major problems.

Three, if you count the new PM. More like a BM.

2 posted on 04/14/2015 3:30:17 PM PDT by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: Kaslin

Agree to let me not pay you what I promised or I won’t pay you what I promised.


3 posted on 04/14/2015 4:08:36 PM PDT by Steely Tom (Vote GOP for A Slower Handbasket)
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To: Kaslin

I guess 90% of the people in this world wake up every morning and say, “What’s that big yellow thing in the sky?”.

They have absolutely no memory nor any concept of how present actions WILL affect them in the future.

I keep thinking of the Replicant in the movie BLADE RUNNER.

“We’re stupid and we’re gonna die.”


4 posted on 04/14/2015 4:20:03 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Kaslin

When does Detroit default?


5 posted on 04/14/2015 4:59:24 PM PDT by YHAOS
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To: Kaslin

Message to the Greek socialist government. Go ahead and default. We are sick and tired of hearing your BS. Your default will be no more impacting than a pimple on an elephant.


6 posted on 04/14/2015 5:21:14 PM PDT by CdMGuy
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