"I say, 'Let 'Em Crash!'"
Posted on 06/27/2015 8:25:22 AM PDT by Enlightened1
urozone finance ministers refused Saturday to extend Greece's bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP.
The ministers "rejected an extension of the aid programme" at a meeting in Brussels, hours after Greek Prime Minister Alexis Tsipras called the plebiscite on the bailout proposal for July 5.
(Excerpt) Read more at news.yahoo.com ...
Eurozone finance ministers refused Saturday to extend Greece’s bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP.
The ministers “rejected an extension of the aid programme” at a meeting in Brussels, hours after Greek Prime Minister Alexis Tsipras called the plebiscite on the bailout proposal for July 5.
Sources=front runners. Although anymore, gold is usually hammered on any news.
Let Greece go under! The idea that somehow the Greek “citizens,” (i.e. worthless welfare recipients) should get to vote on whether they want to continue to be paid to sit on their asses in perpetuity is laughable!
They’ll inevitably become a Russian colony and Putin and Co. buy up the Greek assets on the cheap.
Hope the Prime Minister get his butt kicked.
"I say, 'Let 'Em Crash!'"
So what happens when Greece goes bankrupt?
Do they sell it at auction?
I hear the Chinese are offering cash...
Germany has some great Greek restaurants.
Perhaps they will flood Africa and start anew.
Time’s up!
On the bright side, once Greece defaults and goes back to the Drachma, I figure in a few weeks that currency will be at Zimbabwe levels; time to go buy myself that nice villa overlooking the Aegean for, I figure, about $15.99.
Woot!
They threatened to join Russia.
They’ve threatened a lot of things.
For that scenario to happen, Greece would actually have to leave the EU proper. A default simply crashes Greece out of the Eurozone (in theory - there is actually no mechanism for expelling a country from the Eurozone....presumably, I guess no one ever thought it could happen or something. So what happens next really is anyone’s guess!) not the EU itself.
This has had more ups and downs than a sports superstar’s contract negotiation. The saying to big to fail might apply here.
The biggest problem for the EU isn't the terms. It's the idea that the little people will have any say over what their betters do.
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