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Sh-t Is About To Hit The Fan; Greece Bailout Program to Expire Tuesday

24

Comments

  • Star Nine
    Star Nine Members Posts: 1,721 ✭✭✭✭✭
    will be keeping my eyes open. looking to profit off this
  • Star Nine
    Star Nine Members Posts: 1,721 ✭✭✭✭✭
    Star Nine wrote: »
    will be keeping my eyes open. looking to profit off this my wallet is ready

  • MarcusGarvey
    MarcusGarvey Members Posts: 4,569 ✭✭✭✭✭
    italy i think will be the next if greece defaults....or even if they dont.

    this bailout doesnt seem to sit well with alot of people here.

    italy is already making threats over immigration...saying if they dont get help they will fukk up europe. what you think they gonna say when they 🤬 is in need of major help?

    also even understanding the cap removal of the franc....

    this will be a very strange rest of the year.

    Face value of maturing 2015 Italian debt ($200b) and the current yield (2.15% 10 yr) on Italian sovereign debt. I don't think they'll be next.


    http://uk.mobile.reuters.com/article/idUKKBN0N80WQ20150417?irpc=932
  • MarcusGarvey
    MarcusGarvey Members Posts: 4,569 ✭✭✭✭✭
    Greece was the perfect storm, irresponsible govt borrowing, inflated plus early pensions, non-income tax paying populace, who also hate austerity. They've been in this mess since 2010, interesting year ahead
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    PapaDoc223 wrote: »
    Sion wrote: »
    PapaDoc223 wrote: »
    @Sion you are not a fan of forex trading?

    Hell no. Nobody can predict where currency prices are going to go because there's far too many variables, just like oil prices. It's up there with daytrading, all the people I know who do it borrow heavily and lose most of their money or end up in serious financial trouble because of it. It's unnecessary af. It's a fools game to try and take peanuts off of the short term price discrepancies of them and not as profitable to hold currencies long-term. If you want walnuts you should go for bigger targets, companies, bonds other assets like that are better. If you read a national accounts profile of the countries whose currency you're buying you'll notice most countries are buried in debt or just doing ok. Cash isn't a good asset because it doesnt do anything. It's a GREAT tool in a deflationary environment tho when things get cheap enough for you to buy tho.

    I aim to beat the market and do far better than average that's hard to do trying to take peanuts off currencies and the taxes can be heavy af too.

    That is interesting. I have a friend of mine who is getting into Forex trading. He is being mentored by his boss's son who lives in Long island who is very sucessful at Forex trading. Currently my friend is demoing with forex. He said he is so far doing well in the demo but his mentor said to continue demoing for about 4-5 months. I am a bit interested but I'll keep what you said in mind.

    a demo...doesnt have the same emotion as real life..

    always remember that...

    think call of duty and pay day in the projects.

    one you can start over and laugh and talk 🤬 ....the other...life ends when the hot 🤬 hits you
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    AggyAF wrote: »
    Tough luck. Greece doesnt produce enough to warrant their standard of living

    bruh....from what i have seen...most of europe doesnt.

    living here in switzerland.....this country will begin to fall shortly.

    all the high positions are held by immigrants, but they want to place a cap on immigration.

    they are not being secretive with funds anymore....banks are now willingly giving account info.

    the only way i am able to have an account is because of who my wife works for...otherwise they dont want to deal with the paperwork that comes along with american acct holders.

    most swiss are very fukking lazy and do just enough to say they did the job.

    they over charge for everything because they can...everything is regulated....so that helps keep prices up.

    education is imported not encouraged. its damn near a communist country.

    the swiss boarding schools are for major profit and 90% of the teachers are from america, UK educated, or autrailia. and most of the kids are from somewhere else.
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭

    When you think of europe ....think of it like france and germany are the rich aunt and uncle in the family helping everyone out. but people aint paying their bills and saying fukk credit my aunt will take care of it,they rich and wont want to see me embarrass the family.

    Germany produces stuff with quality only comparable to the US and export driven.
    im still not sure about france tho
  • usmarin3
    usmarin3 Members Posts: 38,013 ✭✭✭✭✭
    Where my 🤬 Sion at? Good time to buy up Greek stocks on the cheap?
  • Star Nine
    Star Nine Members Posts: 1,721 ✭✭✭✭✭
    euro hit 1.43 last night
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    edited June 2015
    usmarin3 wrote: »
    Where my 🤬 Sion at? Good time to buy up Greek stocks on the cheap?

    good question......but i think start with real estate and land.....

    people will begin defaulting on mortgages and selling cribs just to pay bills and eat.

    athens needs alot of development.

    but it is always money to be made in misery.

    while some take their money and run away...i take my money and run towards.
  • Ajackson17
    Ajackson17 On the shoulders of Giants and Elders in history UniverseMembers Posts: 22,501 ✭✭✭✭✭
    Greece then Europe and then America and China falls then my rise and dynasty.
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    Ajackson17 wrote: »
    Greece then Europe and then America and China falls then my rise and dynasty.

    i hope your dynasty rises....but uh....china will fall before america.
    the whole country is based on surface level imaginary.

    outside of the real estate bubble thats going to burst....peoples credit is going to go to 🤬 and wont be able to pay back loans....they already cant fed they people but they dont have clean water for everyone to drink and the air is hardly breathable.

    add that on top of once the west stops buying cheap 🤬 from them their economy will be hit hard. and they are still trying to buy and build a formidable military...they will hit rock bottom and 🤬 wont so quick to forgive.
  • _Lefty
    _Lefty Members Posts: 6,564 ✭✭✭✭✭
    Ajackson17 wrote: »
    Greece then Europe and then America and China falls then my rise and dynasty.

    i hope your dynasty rises....but uh....china will fall before america.
    the whole country is based on surface level imaginary.

    outside of the real estate bubble thats going to burst....peoples credit is going to go to 🤬 and wont be able to pay back loans....they already cant fed they people but they dont have clean water for everyone to drink and the air is hardly breathable.

    add that on top of once the west stops buying cheap 🤬 from them their economy will be hit hard. and they are still trying to buy and build a formidable military...they will hit rock bottom and 🤬 wont so quick to forgive.

    When china's real estate bubble burst it's going to be some real, real 🤬 . They got whole cities over there, uninhabited. It's going to get real, real ugly.
  • K_Fisher
    K_Fisher Members Posts: 2,285 ✭✭✭✭✭
    The Euro is already starting to reel and these 🤬 ain't bailed yet. It's legitimacy as a currency is already being heavily questioned.
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    K_Fisher wrote: »
    The Euro is already starting to reel and these 🤬 ain't bailed yet. It's legitimacy as a currency is already being heavily questioned.

    as it should.....their is no real power behind it other than france and germany.

    who else brings anything to the table
  • Lurker6
    Lurker6 Members Posts: 4,508 ✭✭✭✭✭
    time to get some cheap Greek real estate
  • DoUwant2go2Heaven
    DoUwant2go2Heaven When the first trumpet sounds!!!! Agggghhhhhhhhh!!!!!! Babylon the GreatMembers Posts: 10,425 ✭✭✭✭✭
    Greece is a "type" aka representation of the WEST! This is a clear cut sign that the "WEST" is done!

    Don't be fooled by the deception that is coming. When the people say "Peace and safety" don't believe it! Please don't believe the lie that is coming! Please believe that the West will be the first casualty of the end of this age!


    THERE IS NO WEST DURING THE TRIBULATION!
    THERE IS NO WEST DURING THE TRIBULATION!
    THERE IS NO WEST DURING THE TRIBULATION!


    The West will be annihilated on the day of sudden destruction! The West is the biggest casualty of World War 3 and the judgment of 🤬 !


    Read the prophecies! Everything that we are seeing is matching up with what 🤬 said would happen thousands of years ago! He knows the end from the beginning and all points in between!


    But even if you know this truth, you still have to take action!

    John 3:16
    Romans 10:9-10
    Revelation 18:4
    Jeremiah 51:50
    Zechariah 2:7
    Zephaniah 2:1-3
    1 Thessalonians 5:1-11

    Start there please. The time is short. Don't be deceived in these last days! The day of the LORD is near! It is near and it is coming quickly! The mighty man shall cry there bitterly! Amen.
  • zzombie
    zzombie Members Posts: 11,280 ✭✭✭✭✭
    edited June 2015
    Greece is a "type" aka representation of the WEST! This is a clear cut sign that the "WEST" is done!

    Don't be fooled by the deception that is coming. When the people say "Peace and safety" don't believe it! Please don't believe the lie that is coming! Please believe that the West will be the first casualty of the end of this age!


    THERE IS NO WEST DURING THE TRIBULATION!
    THERE IS NO WEST DURING THE TRIBULATION!
    THERE IS NO WEST DURING THE TRIBULATION!


    The West will be annihilated on the day of sudden destruction! The West is the biggest casualty of World War 3 and the judgment of 🤬 !


    Read the prophecies! Everything that we are seeing is matching up with what 🤬 said would happen thousands of years ago! He knows the end from the beginning and all points in between!


    But even if you know this truth, you still have to take action!

    John 3:16
    Romans 10:9-10
    Revelation 18:4
    Jeremiah 51:50
    Zechariah 2:7
    Zephaniah 2:1-3
    1 Thessalonians 5:1-11

    Start there please. The time is short. Don't be deceived in these last days! The day of the LORD is near! It is near and it is coming quickly! The mighty man shall cry there bitterly! Amen.

    Before it was just america now it's the all of the "west" You are a joke and you don't know what you are talking about
  • usmarin3
    usmarin3 Members Posts: 38,013 ✭✭✭✭✭
    LOL at quoting bible verses with it's typical "catch all" verses whenever disaster is pending.

    Earth quake in California. "Well you know in Revelations 10:1 it says". How convenient. lol
  • DoUwant2go2Heaven
    DoUwant2go2Heaven When the first trumpet sounds!!!! Agggghhhhhhhhh!!!!!! Babylon the GreatMembers Posts: 10,425 ✭✭✭✭✭
    usmarin3 wrote: »
    LOL at quoting bible verses with it's typical "catch all" verses whenever disaster is pending.

    Earth quake in California. "Well you know in Revelations 10:1 it says". How convenient. lol

    The whole world is about to shake my friend! And the WEST will get it the worst. You think 🤬 forgot about what happened to the Indians here? Even before our ancestors were dragged over here? Well guess what? 🤬 hasn't forgot and it's almost time to pay the piper my friend!


    "Woe to him who builds a city with bloodshed And founds a town with violence!"
    Habakkuk 2:12


    In 1 day and in 1 hour the well favored harlot will be recompensed in full! 🤬 have mercy on the soul that escapes from America but is still left behind on the cloudy day! For that day is a day of darkness and gloominess! A day of trouble and distress! A day of wasteness and desolation! A day of crying out to the mountains and hiding under the rocks! Baldness will be on every head and sackcloth upon all 🤬 ! For that day is an evil day! Therefore turn to the LORD now! It may be that you will be hidden in THAT day! Amen.
  • PapaDoc223
    PapaDoc223 Brooklyn,NYMembers Posts: 2,162 ✭✭✭✭✭
    PapaDoc223 wrote: »
    Sion wrote: »
    PapaDoc223 wrote: »
    @Sion you are not a fan of forex trading?

    Hell no. Nobody can predict where currency prices are going to go because there's far too many variables, just like oil prices. It's up there with daytrading, all the people I know who do it borrow heavily and lose most of their money or end up in serious financial trouble because of it. It's unnecessary af. It's a fools game to try and take peanuts off of the short term price discrepancies of them and not as profitable to hold currencies long-term. If you want walnuts you should go for bigger targets, companies, bonds other assets like that are better. If you read a national accounts profile of the countries whose currency you're buying you'll notice most countries are buried in debt or just doing ok. Cash isn't a good asset because it doesnt do anything. It's a GREAT tool in a deflationary environment tho when things get cheap enough for you to buy tho.

    I aim to beat the market and do far better than average that's hard to do trying to take peanuts off currencies and the taxes can be heavy af too.

    That is interesting. I have a friend of mine who is getting into Forex trading. He is being mentored by his boss's son who lives in Long island who is very sucessful at Forex trading. Currently my friend is demoing with forex. He said he is so far doing well in the demo but his mentor said to continue demoing for about 4-5 months. I am a bit interested but I'll keep what you said in mind.

    a demo...doesnt have the same emotion as real life..

    always remember that...

    think call of duty and pay day in the projects.

    one you can start over and laugh and talk 🤬 ....the other...life ends when the hot 🤬 hits you

    True enough. To do well in forex you cant just jump into it. A kid who was in my biochem class went to wall street actually to a firm to teach him how to do forex trading the price was 1 grand. He left and never went back. My home boy who is doing it now is being mentored a kid who is doing really well in forex. But like you mentioned you can demo for a year with virtual money but once it is your real money then it gets stressful.
  • PapaDoc223
    PapaDoc223 Brooklyn,NYMembers Posts: 2,162 ✭✭✭✭✭
    I remember way back in 2010 where they said US banks have measures that make them not vunerable to the contagion in Europe. So if 🤬 gets bad Europe we will be in recession but not a depression.
  • DoUwant2go2Heaven
    DoUwant2go2Heaven When the first trumpet sounds!!!! Agggghhhhhhhhh!!!!!! Babylon the GreatMembers Posts: 10,425 ✭✭✭✭✭
    PapaDoc223 wrote: »
    I remember way back in 2010 where they said US banks have measures that make them not vunerable to the contagion in Europe. So if 🤬 gets bad Europe we will be in recession but not a depression.

    The petrodollar is the only reason why the house of cards hasn't gone belly-up! There is no way out of this for the WEST!


    The WEST has made it's bed hard, now it must lay in it! The days of evil are almost here!


    WAR is coming! But the next global conflict that snares the whole world will end the American Empire!


    And out of the ashes of that conflict will arise an evil so terrible and dreadful that if they days weren't cut short, NO FLESH WOULD SURVIVE!!!!!



    Please don't get left behind. Amen.
  • I_fap_twohanded
    I_fap_twohanded East Coast Members Posts: 382 ✭✭✭
    hahah suckers all of you for putting money in the bank I just use a green dot card they cant close my 🤬 down
  • The_Jackal
    The_Jackal Members Posts: 3,628 ✭✭✭✭✭
    PapaDoc223 wrote: »
    I remember way back in 2010 where they said US banks have measures that make them not vunerable to the contagion in Europe. So if 🤬 gets bad Europe we will be in recession but not a depression.

    The petrodollar is the only reason why the house of cards hasn't gone belly-up! There is no way out of this for the WEST!


    The WEST has made it's bed hard, now it must lay in it! The days of evil are almost here!


    WAR is coming! But the next global conflict that snares the whole world will end the American Empire!


    And out of the ashes of that conflict will arise an evil so terrible and dreadful that if they days weren't cut short, NO FLESH WOULD SURVIVE!!!!!



    Please don't get left behind. Amen.

    LOL
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