[NRx]

My first thread post on here, so if I gummed this up I will try to fix it. Anyway I though this might be something of interest to the FR community.

[dadfly]

bookmark

[SWAMPSNIPER]

Looks like a pro job, welcome aboard!

[Ken H]

Greece's leaders stun Europe with escalating defiance

“Exit from the euro does not even enter into our plans,

Aren't these contradictory?

[Fungi]

Stop complaining, exit the euro and do what you want. In this case they are too socialist to want to turn back. Adults still dependent on the teat of socialism. You reap what you sow, and now you are hooked. Too bad Greece, too bad...Man up and live with it.

[FredZarguna]

You got the date wrong: 09-02-2015 hasn't happened yet.

Just kidding. Looks good.

[who_would_fardels_bear]

My limited understanding is that more than anything else the market hates uncertainty.

As long as Greece remains in a "should we stay or should we go" mode that only increases the uncertainty.

Since there is no way in this reality that Greece will ever make good on their loans, then it seems to me the best thing in the long run is for Greece to formally default, get out of the Euro, and allow their currency to fall to the abysmal level it deserves.

Lots of investors will lose their shirts, while others will make out like bandits. But in the end, certainty will return and things should stabilize.

Of course, if Portugal and Italy and Spain start thinking "Why don't we do that to?" then the uncertainty will remain, but at least keeping three countries afloat will be an easier task than keeping four deadbeat countries afloat.

[SWAMPSNIPER]

[867V309]

Hmmmmm,
Little Socialist vs. big Socialist.

Got to go with Grease here.

Euro was an insane concept.

[goldstategop]

The issue is not whether Greece should repay its debt.

The issue is whether Greece can do so without generating economic growth to pay it.

Austerity is politically impossible. EU leaders are beginning to understand without change, the EUSSR will go the of the Soviet Union.

[teeman8r]

Very interested. Europe will sever ties with greece and the cards will fold with germany and england realizing they are footing the bills for the other deadbeats

[katana]

Sounds like a petulant teenager with his head in the fridge and a copy of his parent’s debit card in his pocket saying “I’ll move out if you don’t stop treating me like a child”.

[Palio di Siena]

the article also states that the u s treasury has sent a group to athens to try to work it out. obama trying to preserve the globalist bankers.
i say go greece. screw legarde, soros, and the rest of the control obsessed
madmen who are not, in my opinion, are not much different than hitler and stalin.

[Let's Roll]

Hey Europe, Greece will continue to double down until they are slapped down.

We see it here all the time.