Greece, the Puerto Rico of Europe.
I doubt austerity will care!
Anyone know what a “yes” vote means, as opposed to a “no” vote?
So is the EU going to try to get any money back? Pull assets from the country?
The borrower is slave to the lender. Count the USA in that lot too. We just have way more economic upside vs Greece but huge debtors we are thanks to our rotgut pols past and present selling us downriver.
I see this as win win/win. The EU is weakened, Greece will be forced to stand on it’s own and the enablers of all of it get screwed.
If the vote is indeed “No” which I suspect it is......Greece is a failed nation, or, it will go under the Russian Federation control!!! Under Obama/Clinton, the USA is not far behind (about twenty years out). The new world power players will be: The People’s Republic of China, India & The Russian Federation. These three nations will take over the entire Middle East, South America and, Sub-Sahara, Africa. Israel will stand as a nation because the Russians, Chinese and Indians will find them a useful, productive tool for enhancing their further control of the world. The USA will literally be a slave nation to the “new’ world powers!!! The demise and defeat of the USA came from inside the USA itself....fostered by Obama & company!!! Just look at past history of once great nations...it tells the whole story!!!
They are either going to crash with the EU or they’re going down as a sovereign nation.
Good luck either way, but I think sovereignty is valuable.
We’ll know preliminary results at about 2:00 pm ET.
Don’ walk under windows in any European financial district tomorrow.
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.
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
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.
The Greeks remember when the Turks attacked them in 1974 and the European Nato allies did NOTHING.
Soooo now they will take that European money, they will not pay it back, they will start printing their own money and become independent again. ....and the Turks may take all of their islands.
The Greeks are probably gonna side with the Syrians and Russians, they better have a damn plan for sure.
Greece is the canary in the coal mine for our country.
A golden oldie that applies obliquely.
Maynard G. Krebbs: Work
https://www.youtube.com/watch?v=TgecgpCfAYo
It’s a victory for nationalism and for economic independence. Hopefully, Greece follows through by returning to the Drachma, exiting EU, and taking charge of her destiny.