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VAThomasJr1

VAThomasJr1
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  • Greece And The Euro Will Live On [View article]
    You're right, Greece absolutely can't afford to leave the Eurozone and I believe they will not easily go without a fight either!!
    This is going to be interesting to see how it all plays out!!! I for one thinks Greece is a very beautiful country. They have a very rich history and nothing in comparing as to Africa!!! "If they go back to the drachma, flood the market with the sale of bonds, create new loans using their new currency and step up technology, this should at least help stop some domestic bleeding!!!
    Either way, this is no short term fix!! It's now clearly obvious that Greece was propped up on the backs of the other membering eurozone nations and the financial markets.
    May 14, 2012. 12:32 PM | Likes Like |Link to Comment
  • Greece And The Euro Will Live On [View article]
    Yes this is very possible!! Turkey has been wanting to join the EU for some number of years and still has not been excepted BUT....they do use the Euro very much....more so than their own turkish lira.
    May 14, 2012. 12:14 AM | 1 Like Like |Link to Comment
  • Greece will probably need to restructure its debt again, says Moritz Kraemer, head of sovereign ratings at S&P. In the meantime, the fact that some official creditors are claiming preferred status is complicating Greece's ability to lower its borrowing costs and return to bond markets.  [View news story]
    I agree that they have taken a massive haircut. I've had the pleasure of visiting Greece. They have a very beautiful country unfortunately the leadership didn't diversify well enough for this changing economy. They are not in this alone. Iceland's financial markets I believe was the first to collapes but we never hear about them. Greece, Ireland, Italy(in denial) Spain and Portugal are all busted as well. I simply believe in order to stop the bleeding(although there is nothing left to bleed) they simply need to start over using their original currency and rebuild their financials.
    The IMF is very cut-throat, if they have already excepted loans from them.....then their problems are going to be a long way from being over.
    Apr 28, 2012. 04:53 AM | Likes Like |Link to Comment
  • Greece will probably need to restructure its debt again, says Moritz Kraemer, head of sovereign ratings at S&P. In the meantime, the fact that some official creditors are claiming preferred status is complicating Greece's ability to lower its borrowing costs and return to bond markets.  [View news story]
    The Italian are in the same boat as Greece, they are in denial!!! Again I've had the wonder pleasure of visiting most of southern Italy as well. That country appears to be divided because in the south, there was a feeling of "I don't care attitude" and much corruption. In Naples, the trash that were dumped in the streets said it all. Restaurant owners threw dish pans full of fish heads and dirty water right in the middle of the walkway where pedestrians walked. In the north was very beautiful, it almost felt like two different countries.
    Apr 28, 2012. 04:53 AM | Likes Like |Link to Comment
  • Richard Levick does a post-mortem on Research In Motion's (RIMM) downfall, and finds several cultural flaws that other companies would be well-advised to take note of. "RIM’s fall from grace ... can happen to any company that fails to connect with its consumers; confuses necessity with love; uses market share as an excuse for complacency; or fails to control its own narrative."  [View news story]
    I sure hope Blackberry isn't thinking that the Android/iphone market is simply going through a phase because just about EVERY BILL PAYING BUSINESS has an app that's compatible with android and iphone. I would love to use my blackberry with blackboard unfortunately blackberry is limited and most of the options are not compatible.
    Apr 7, 2012. 01:42 PM | Likes Like |Link to Comment
  • Greece will probably need to restructure its debt again, says Moritz Kraemer, head of sovereign ratings at S&P. In the meantime, the fact that some official creditors are claiming preferred status is complicating Greece's ability to lower its borrowing costs and return to bond markets.  [View news story]
    I agree that Greece is busted but that country isn't going anywhere, it's not like they are going to pickup and move or can hide from their creditors. Debts simply means more money. If Greece would separate from the EU and bring back the drachma, I'd be interested in purchasing govt bonds for the long term. Greece may have to go at it alone for a while. I know many nations have an invested interest in Greece, I know many players made money off Greece through CDS now its time to let the free market take its course. Many will suffer lost but if they don't this can potentially bring down other EU membering countries.
    Mar 29, 2012. 07:18 AM | Likes Like |Link to Comment
  • IMF Threatens To Cut Off Greece If €12 Billion Of Austerity Isn't Made In 3 Months [View article]
    I would be interested in purchasing some long-term open-end Treasury bonds with limited to no-call provisions as well as Treasury Bills with a sinking fund to support these bonds. Can anyone explain how i could accomplish a transaction as such.
    Mar 25, 2012. 03:10 PM | Likes Like |Link to Comment
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