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Greek Referendum Polls Close: "No" Seen Ahead By Most With Over 51% Of The Vote
Zero hedge ^ | 07.05.15

Posted on 07/05/2015 9:16:11 AM PDT by Perdogg

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To: Perdogg

Greece has been a failed socialist country for how long now? Some 60 years? The Greeks just keep feeding at the welfare trough that the rest of Europe pays for and the Euromorons keep expecting Greece to pay it back. LOL! I’m not sure who is the bigger idiot in this story.


41 posted on 07/05/2015 9:59:15 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: CaptainK

They will compromise with the debt holders means-lend us
more money or we won’t pay you back.

Implied: if you lend us more money we still won’t pay you back.


42 posted on 07/05/2015 10:00:08 AM PDT by Maine Mariner
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To: KarlInOhio

Exactly. Additionally, Goldman effectively did it using US taxpayer money, for without Paulson’s bailout/takeover of AIG to save Goldman in 2008, there would be no Goldman.


43 posted on 07/05/2015 10:02:35 AM PDT by masadaman
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To: JLAGRAYFOX

I would argue that Greece should not have been part of the unified Europe/Euro from the beginning.

Taken as a whole, the Greeks lack all that is required to be a modern nation.

Could Nigeria or Zambia exist as part of Europe? Syria? no of course not


44 posted on 07/05/2015 10:03:01 AM PDT by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... No peace? then no peace!)
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To: Perdogg

Trillion-Dollar Asset Managers Warn On Greece Fallout: “No Blueprint” Means “All Kinds Of Uncertainty”
http://www.zerohedge.com/news/2015-07-05/trillion-dollar-asset-managers-warn-greece-fallout-no-blueprint-means-all-kinds-unce

Europarliament President Threatens Greeks With Armageddon If They Vote No
http://www.zerohedge.com/news/2015-07-05/europarliament-president-threatens-greeks-armageddon-if-they-vote-no


45 posted on 07/05/2015 10:04:38 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: citizen

The World Bank/IMF are extremely corrupt institutions. If I were Greek I would have told the IMF to pound sand and take offers from the Russians (also broke so the blind leading the lame) and the Chinese. The Chinese have $US trillion in foreign exchange they need to recycle.


46 posted on 07/05/2015 10:07:31 AM PDT by quantumman (K)
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To: Maine Mariner

Let’s make a deal with Greece. We pay off their debts but they have to take in all our illegals and any hack leftists for free in return. We come out way ahead in the longterm.
O-Paaaa.


47 posted on 07/05/2015 10:08:25 AM PDT by tflabo (Truth or tyranny)
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To: tflabo

Greece’s problems/debts are their own fault, first and foremost. But they had plenty of coddlers along the way.
Tis Europe’s fault for inviting this unskilled laborer into their home where a work ethic earning skilled wages are necessary to pay room and board.


48 posted on 07/05/2015 10:09:13 AM PDT by citizen (WalkeRubio RIGHT For You 2016)
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To: Anitius Severinus Boethius
"A “No” vote means that they want to keep their bloated government, unsustainable pension plans, and tell the banks that they will never see a penny of their money back if they loan the Greeks more."

Nobody knows what will happen, for sure, with the No vote.

Except one thing: It will give Greece a chance to start over free and clear.

Whatever happens after that is up to the Greeks.

49 posted on 07/05/2015 10:11:53 AM PDT by Mariner (War Criminal #18 - Be The Leaderless Resistance)
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To: citizen

Gives new meaning to an old cliche, ‘they Greece’d the skids’....


50 posted on 07/05/2015 10:16:56 AM PDT by tflabo (Truth or tyranny)
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To: citizen

It will be interesting to watch Spain, Italy and Portugal and what happens to their bond rates in the wake of this vote. Who wants to lend money to EU peripheral countries that are economically weak and could eventually follow the path of Greece?


51 posted on 07/05/2015 10:18:22 AM PDT by Starboard
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To: tflabo

That is a deal made in Olympus (or Heaven)!


52 posted on 07/05/2015 10:18:52 AM PDT by Maine Mariner
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To: Mariner

Whatever happens after that is up to the Greeks.

***************
They prefer to live in a café society and are not exactly the most industrious people in Europe. Their prospects don’t look very good.


53 posted on 07/05/2015 10:20:26 AM PDT by Starboard
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To: tumblindice

You’re probably right. This is just a vote. Talks will continue like nothing happened.


54 posted on 07/05/2015 10:21:43 AM PDT by Starboard
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To: tflabo

For my part, that’s a good deal! Plus, the Greeks get olive orchard laborers in the bargain :)


55 posted on 07/05/2015 10:23:18 AM PDT by citizen (WalkeRubio RIGHT For You 2016)
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To: Perdogg

Give Greece no more money. Let their socialist masters figure it out. As Maggie Thatcher once proclaimed socialism is great until you run out of other people’s money.


56 posted on 07/05/2015 10:28:04 AM PDT by kenmcg
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To: Perdogg

Anyone know what a “yes” vote means, as opposed to a “no” vote?

Greeks love Food

YES Vote
overwhelming YES Vote (german sausage included)


NO Vote

57 posted on 07/05/2015 10:28:34 AM PDT by Koracan
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To: Starboard
Who wants to lend money to EU peripheral countries that are economically weak and could eventually follow the path of Greece?

I suppose the same banks or individuals who loaned to Greece in the first place. Those with too much money in search of pie-in-the-sky returns in a deflationary world.

58 posted on 07/05/2015 10:30:12 AM PDT by citizen (WalkeRubio RIGHT For You 2016)
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To: odawg

It was all political drama for the benefit of the troika.


59 posted on 07/05/2015 10:34:01 AM PDT by WriteOn (Truth)
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To: Koracan

Wow, no wonder Merkel has been so vocal.


60 posted on 07/05/2015 10:36:28 AM PDT by BunnySlippers (I Love Bull Markets!!!)
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