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Merkel: There Is "No Possibility" Of Bailing Out Greece
Business Insider ^ | 02/28/10 | Joe Weisenthal

Posted on 02/28/2010 6:09:52 PM PST by TigerLikesRooster

Merkel: There Is "No Possibility" Of Bailing Out Greece

Joe Weisenthal | Feb. 28, 2010, 8:00 PM | 761 | comment 13

As Europe begins what's sure to be a very hectic week, the volume of conflicting statements about the Greek bailout is truly stunning.

There have been multiple reports of some kind of deal worth $30-$34 billion, and yet check out what Germany's Angela Merkel told German TV, according to the Sydney Morning Herald:

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; News/Current Events
KEYWORDS: bailout; economy; eu; euro; germany; germnay; greece; merkel
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To: Persevero

It was a horrible PR faux pas for us in Germany when it happened.


21 posted on 02/28/2010 6:51:51 PM PST by NVDave
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To: TigerLikesRooster

I just thought of something — maybe someone more in the know than I can help me out... Is it any coincidence that Greece is where George Soros is from? What role does he play in this? I find it impossible to believe that someone like him, who SO wants to collapse America doesn’t have a hand in Greece going under too...?


22 posted on 02/28/2010 7:32:05 PM PST by patriot preacher (To be a good American Citizen and a Christian IS NOT a contradiction. (www.mygration.blogspot.com))
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To: patriot preacher
As far as I know, George Soros was a Hungarian. As for other points you raised, I don't know. Won't surprise me though if he is into this.
23 posted on 02/28/2010 7:35:56 PM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: TigerLikesRooster

It won’t matter cause Greece is going to economically implode anyhow...I believe Merkel knows this. She also realizes that such an implosion will lead to a domino effect that will reach all the way around the globe and end at China (and China won’t be exempt from feeling the effects).


24 posted on 02/28/2010 7:52:13 PM PST by cranked
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To: cranked
China won’t be exempt from feeling the effect

Many so-called 'experts' are still slow to pick up on it. Then again they have been slow on recognizing many important problems, except some minority. They are such a herd. Despite all that education and training, they still care more about what their peer's opinions are than their own. If they are only busy following the orthodoxy de jour, the rate of return on their education and training is dismally low, even negative.

25 posted on 02/28/2010 8:03:38 PM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: RC one

He might be trying to strangle her. He looks a little grim.
and that ain’t no fairy tale.


26 posted on 02/28/2010 9:15:03 PM PST by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: TigerLikesRooster

Going to be a wild market ride for the next few weeks. Not sure why anyone would want to be involved it that. It does and will effect our markets substantially. Do not see any good way out.


27 posted on 02/28/2010 9:33:46 PM PST by Deagle
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To: McGavin999

Solution is simple—give Greece to the Turks. They will put an end to all the riots and free lunch programs overnight. Its not about the handouts folks—its about freedom.


28 posted on 02/28/2010 11:06:30 PM PST by Forward the Light Brigade (Into the Jaws of H*ll)
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