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Financial Markets Crumble As Greece Rejects Austerity, China Teeters On Collapse
Addicting Info ^
| 6 July 15
| Nathaniel Downes
Posted on 07/06/2015 10:50:57 AM PDT by SkyPilot
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To: SkyPilot; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ...
And here we go . . .
I'm sure ¡Cheb! and Boehner and McConnell will ride to the rescue, if ¡Cheb! wins next year.
PING!
21
posted on
07/06/2015 11:10:34 AM PDT
by
Tolerance Sucks Rocks
(Cancer-free since 1988! US out of UN! UN out of US!)
To: SkyPilot
The NASDAQ 100 is selling at a PE of ±20X and I think that's just about right for a growth sector. That's not hot air...that's cash (earnings) on the barrel head.
22
posted on
07/06/2015 11:10:49 AM PDT
by
RoosterRedux
(WSC: The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end...)
To: SkyPilot
"... we are facing a real potential of a Greek default,... I thought that Greece had already defaulted last week.
23
posted on
07/06/2015 11:15:03 AM PDT
by
StormEye
To: umgud
What’s wrong with derivatives?
24
posted on
07/06/2015 11:16:32 AM PDT
by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: SkyPilot
Why should I care if the banks get paid back? Haven’t they profited enough already? All that while we little folk get to pay fees and collect close to 0% interest.
25
posted on
07/06/2015 11:17:06 AM PDT
by
grania
To: Diana in Wisconsin
But my Orange Juice Futures are safe, RIGHT? ;)
I don't know. Where's Beeks?
To: SkyPilot
So all the Chinese have to do is, call in their American markers and it’s all good, right?
Right??
27
posted on
07/06/2015 11:22:19 AM PDT
by
Old Sarge
(Its the Sixties all over again, but with crappy music...)
To: Diana in Wisconsin
Don’t try and corner the market in FCOJ.
28
posted on
07/06/2015 11:22:53 AM PDT
by
LukeL
To: RoosterRedux
Greece has a GDP smaller than Indiana. Is the EU so leveraged by this economically small nation that it’s collapse will bread the dice of financial stability?
To: grania
Why should I care if the banks get paid back?But the banks won't get paid back. And now neither will the Greek depositors. And with no more Euros, the many, many, many Greek government employees and retirees won't get paid either.
I'm sure they'll be happy they stuck it to the banks. LOL!
30
posted on
07/06/2015 11:29:23 AM PDT
by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
To: samtheman
It’s all a game of musical chairs and make-believe. Once the music stops, they’ll discover that someone stole all of the chairs. Then things will get lively.
31
posted on
07/06/2015 11:30:45 AM PDT
by
Noumenon
(Resistance. Restoration. Retribution.)
To: C. Edmund Wright
....”The markets arent crumbling....DOW barely down....Tokyo down a little, and China Crumbling? China is up for today, and WAY up for the year....It may all crumble at some point....but to say that Greece is causing this right now? No”....
Exactly right.
32
posted on
07/06/2015 11:31:28 AM PDT
by
caww
To: plain talk
Methinks the importance of pissant Greece is being vastly overestimated. What’s their GDP anyway? Something less than that of Arkansas?
33
posted on
07/06/2015 11:33:12 AM PDT
by
Vigilanteman
(Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
To: Diana in Wisconsin
You’re going to have to ask Billy Ray about that.
34
posted on
07/06/2015 11:33:55 AM PDT
by
tbpiper
To: RoosterRedux
This is a left-wing online rag
35
posted on
07/06/2015 11:34:08 AM PDT
by
navysealdad
(http://drdavehouseoffun.com/)
Shame on me for overestimating Greece.
Per capital GDP: Arkansas $35K, Greece $26K
Population: Arkansas 3 million, Greece 10.8 million.
Even Mississippi, last in the nation, has $32.8K per capita GDP, 26% more than Greece.
36
posted on
07/06/2015 11:41:22 AM PDT
by
Vigilanteman
(Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
To: TexasRepublic
37
posted on
07/06/2015 11:41:40 AM PDT
by
SkyDancer
( "Nobody Said I Was Perfect But Yet Here I Am")
To: Toddsterpatriot
If Greece breaks of from the banks and declares themselves debt-free, it's doable. Give the pensions without the extras. Raise the retirement age. Deport non-citizens. Encourage Greeks from all over the world to come to their homelands for vacations, perhaps invest in Greece.
There is no evidence that globalism and the destruction of national identities is benefitting anyone except for the elitists on the top of the totem pole.
38
posted on
07/06/2015 11:42:38 AM PDT
by
grania
To: SkyPilot
Gee, we need a One World Government with a charismatic leader to save the day.
39
posted on
07/06/2015 11:50:01 AM PDT
by
Old Yeller
(Civil rights are for civilized people.)
To: SkyPilot
While the usual con men will use the Greek vote to hawk goldGold is a hard asset, hawking is misused here, best used when the product is basically worthless or of little value.
40
posted on
07/06/2015 11:52:57 AM PDT
by
1Old Pro
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