Will a Grexit cause another GFC?
- Thread starter TheEnd
- Start date
JulieW said:
Slavery is still alive and well today, even in this country
Most people view human slavery as abominable.Court Jester said:
What are you saying Court Jester? Have you exploited women sold into slavery? Do you support this practice as a justification for your discriminatory views on couples?
Truly CJ is an idiot.
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SilverPete said:
using it as an argument for gay marriage is also stupid as like I said slavery still exists and is irellevant to the gay marriage debate.
Court Jester said:
Locked.
Your purposeful twisting of what Julie said indicates your true intentions. To be clear, it was a statement about inevitability. Slavery is almost universally looked upon as abominable and primitive, epitomizing the worst of human nature. And the same is true of discrimination against colored couples, couples of different ethnicities and religions, and same sex couples. Yes, slavery, racism, bigotry and homophobia all still exist. But it's not an argument to support them.
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systematic
Well-Known Member
Meanwhile back at the Eurozone ....
[youtube]http://www.youtube.com/watch?v=94UcyJnRcGU[/youtube]
[youtube]http://www.youtube.com/watch?v=94UcyJnRcGU[/youtube]
systematic
Well-Known Member
It's never too late for anything ....
Final bailout deal has been met so Greece can pay 3.2 B of debt on the 20th August.
http://www.reuters.com/article/2015/08/11/us-eurozone-greece-bailout-idUSKCN0QF2BV20150811
http://www.reuters.com/article/2015/08/11/us-eurozone-greece-bailout-idUSKCN0QF2BV20150811
jsmineset.com
After today's news on Greece getting financial aid, the imminent demise of the Euro in terms of market expectations is behind us. That being true, the dollar rally is now challenged. With the dollar rally challenged the general commodity market decline should decelerate and end.
As a result of all the above, the downside in the price of gold is very modest here while the upside of the first rally back into the bull market takes gold above $2000. Timing from here may be quite compressed.
After today's news on Greece getting financial aid, the imminent demise of the Euro in terms of market expectations is behind us. That being true, the dollar rally is now challenged. With the dollar rally challenged the general commodity market decline should decelerate and end.
As a result of all the above, the downside in the price of gold is very modest here while the upside of the first rally back into the bull market takes gold above $2000. Timing from here may be quite compressed.
This deal is done, it essentially sets in stone a set of conditions that will make the Greek economy stagnate and wither until they stop paying the next time. No doubt there will be a nice bump in Greek equities as well as Greek, Italian and Spanish bonds.
JulieW said:
The Greeks are broke. Worse than broke actually. Everything has simply shifted a little but the end result will be the same. The dollar rally may pause but when reality bites once more it will be unstoppable.
Gold will get to $2000 but not before it breaks $1000.
