Angela Merkel has softened her tone a bit with Greece, saying that while the country should keep...

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untrusting investor Comments (9879)
 
How much deeply discounted Greek debt is actually available on the market? Is not most of it now held by the EU, IMF, and ECB? And all of them are reluctant to take any writedowns on the Greek debt.
14 Oct 2012, 11:08 AM Reply Like

Mad_Max_A_Million Comments (1173)
 
Hey, the EU just won the Nobel Peace Prize. They can find a peaceful way of excusing the Greek government of most of their debt.

But maybe they should demand that the Greeks sell a lot more of their nationalized assets (as one suggests) to pay for what they borrowed. Sort of like when we default, we can trade all our debt with china for a big chunk of our government land. The United States of Chinese America?
14 Oct 2012, 11:55 AM Reply Like

Ray Lopez Comments (1366)
 
LOL, I love the sarcasm. Considering that the US government helped block the EADS-BAE merger last week, which was a mere $50 billion (about what Citibank got from TARP), on 'national security grounds', I doubt the USA will ever be selling the Statue of Liberty to the Chinese to pay off debts. More likely the USA will simply, like Argentina did, renounce all foreign debts and also screw over any large US debt holders, and pay off all small debt holders who have say $100k or less in US paper. That's the most likely scenario. Buyer (and holder) of US debt beware.
14 Oct 2012, 04:19 PM Reply Like

into dark shadows Comments (298)
 
Spot on Untrusting!

If I may throw in my 2 cents.
What the people of Greece need is HOPE!
I don't know how you go about bringing God back into a continent that has lost faith,
but the suicide rate is climbing and there needs to be someone who is actually looking out for the people!

The rise of the Nazi party, or should I say,
the rebirth of the Fascist / Communist ideology is trying to fill the vacuum left by the "Global, one world party" failure of the Fabian Socialist Society should be wake up call enough!

But as with "The Night Of Long Knives",
the people have to eat and when they are desperate enough,
they will turn to the once unimaginable!

In America, we have the "Fast and Prayer" going on to ask the Lords hand in the righting of our republic before the people of this great country go down a path that has never seen a return from the depths of despair!

Let us,
in our own daily reflections of all we have been blessed with here in America remember those around the world who suffer at the hands of the ideologue!

The worst fate is losing your OWN feeling of self WORTH!
Becoming dependent on some mealy mouthed politician for your pride and freedom is the surest way to relinquish both!

May the good Lord watch over this fragile little experiment in freedom / man's self rule we call America.
And to our brothers and sisters of the world,
your parents and grandparents have endured this pain before,
they looked to God for inspiration in the face of unimaginable evil,
the Lord DID hear them,
and hears you today.

Strength and courage!
14 Oct 2012, 12:10 PM Reply Like

winningtrader Comments (2380)
 
I suspect that talk is talk is talk and finally Greece will have to leave the EUR as it is just a black hole where you can throw any amount of money and the money will disappear. Obama has told Europe not to cause any problems before the elections. Europe cannot say no to him and they also don't want Romney as he would likely start a few wars here and there and Europe is tired of that. So, they will talk the talk but in a few months the game will be up for Greece.
14 Oct 2012, 05:14 PM Reply Like

Poor Texan Comments (3499)
 
"and they also don't want Romney as he would likely start a few wars"

Dumb, dumb propaganda comment.
14 Oct 2012, 08:58 PM Reply Like

Richard93 Comments (819)
 
Winning I gave you a thumbs up for one reason, the EU does not want Romney to win . Also they are worried he will fire BB quick so they will loose there last lifeline. They will have to work for a living and fix the problem or make an honest attempt which they have done very little of. Helping Global Warming by all the talk they have been putting out is not helping at all. Greece is a black hole that will be dropped or kicked out it is just a matter of time. They need to start over completely like when South Africa changed for the better I hope long term.
15 Oct 2012, 02:46 AM Reply Like