IMF walks out of Greece talks

Discussion in 'Markets & Economies' started by phrenzy, Jun 12, 2015.

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  1. Askari

    Askari Active Member Silver Stacker

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    Putting pressure on Greece to introduce capital controls. The Financial Stability Council is meeting right now to discuss...
     
    Askari, Jun 28, 2015
    #121
  2. TheEnd

    TheEnd Well-Known Member

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    Oh great so they're going to introduce 'capitol controls' now?

    Wot a joke? How long is this Grexit going to go on for???
     
    TheEnd, Jun 28, 2015
    #122
  3. trew

    trew Active Member Silver Stacker

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    Well the USA has managed to keep growing their national debt for 40 years
     
    trew, Jun 28, 2015
    #123
  4. smk762

    smk762 Active Member Silver Stacker

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    http://www.dailymail.co.uk/news/art...-World-War-Two-days-Greece-pay-450m-debt.html

    Article is from April (they've been playing the song since 2012), but I recon the Greeks will stubbornly hold ground. Nationalism is easy to the public, especially in the face of external threat.

    China will buy up it's ports at a discount, and the EU will continue its mutual destabilisation. Once the EU finishes haggling for them, Russia will put up a loan with a slightly better deal.
     
    smk762, Jun 28, 2015
    #124
  5. errol43

    errol43 New Member Silver Stacker

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    Yes the US has taken its national debt up to $18trillion plus unfunded welfare. Maybe the US is in as much trouble as Greece only we don't know it yet.

    Regards Errol 43
     
    errol43, Jun 28, 2015
    #125
  6. raven

    raven Well-Known Member Silver Stacker

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    I don't think there can be a nwo, untill the west is levelled out to allow the east to rise to an even field.
    Hope that plan doesn't work out !
    :)
     
    raven, Jun 28, 2015
    #126
  7. sterling-nz

    sterling-nz Well-Known Member

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    Of course the USA is in just as much trouble , BUT AS LONG AS we NEED the USD to trade they are safe.
    If the Greeks still had their Drachma and that was the world trade currency they would be fine as well.
    The day will come when the USA will have to repay their debts , but it is well in the future and who knows ??????
     
    sterling-nz, Jun 28, 2015
    #127
  8. whinfell

    whinfell Well-Known Member Silver Stacker

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    Bank withdrawals limited to 60 per account per day - ouch :eek:

    BBC News: http://www.bbc.com/news/world-europe-33305019
     
    whinfell, Jun 28, 2015
    #128
  9. aleks

    aleks Well-Known Member Silver Stacker

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    Fark :/
     
    aleks, Jun 28, 2015
    #129
  10. Slam

    Slam Well-Known Member Silver Stacker

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    The supermarkets cleaned out yet?

    I'm wondering if VISA or Mastercard credit cards will work for food purchases?

    Slam
     
    Slam, Jun 29, 2015
    #130
  11. aleks

    aleks Well-Known Member Silver Stacker

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    Its being reported that foreigners (bank accounts and credit cards) are exempt from the limits. I wouldn't say credit cards are shut down to operate locally but they probably can't make international transactions.
     
    aleks, Jun 29, 2015
    #131
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