Will Greece put us into another GFC , And leave us with less fund to travel ? Hope Not
Bruce and Bev said
09:15 AM Jun 29, 2015
I agree.....but after the 1st GFC, I don't think the EU will allow that to happen.
At the moment, it seems that Greece and the EU are playing "whoever talks first looses", but at some stage both parties will concede enough to each other that no pollie looses face, irrespective of whether or not its long term good or bad for that country
brickies said
09:23 AM Jun 29, 2015
No matter a lot of crap will hit the fan this week were it will fly to who know stay tuned .
Happywanderer said
10:18 AM Jun 29, 2015
Maybe one of the other countries nearby need to buy Greece for the amount needed to pay off all it's debts. Then add it to their country, to be in control and manage it.
brickies said
10:21 AM Jun 29, 2015
That not a bad idea but need a war before that can happen
Hey Jim said
10:30 AM Jun 29, 2015
Hi brickies.
A big fat NO. Greece as a % of the worlds economy makes up 1.2% total. has a population of 11 .7 million people.
Take AUSTRALIA as an example. population of 25 million people. we make up 2.6% of the worlds economy. Yes we export our natural Resources to the world Iron ore, Coal, Grains x 12, Beef, lamb.
With no disrespect to the people of Greece. They up till now automaticly get an age pension from 50 years of age.
They have tourism as a commodies.
However today our finance bodies will play tag along. Our share markets will follow along too. Great if you are cashed up. Money Makes Money they allways say.
When the markets are down I come out to play.
Just sit tight and things will be fine.
Regards Jim
brickies said
10:35 AM Jun 29, 2015
Time will tell , If default someone will be out of pocket and the market wont be pleased
clarence said
12:01 PM Jun 29, 2015
Agree jim , we have set money aside to invest when the market drops to the 4000s
vic
Roving-Dutchy said
02:48 PM Jun 29, 2015
Just recently Angella Merkel went to Greece for a holiday, as she went through the Greek border control, she was asked, occupation?
The answer, No just visiting.
Cheers
David
dogbox said
03:09 PM Jun 29, 2015
clarence wrote:
Agree jim , we have set money aside to invest when the market drops to the 4000s
vic
I was ecstatic when it went it back up past 4500 going back to 4000 something really drastic would have to happen
I wonder how many Greeks receive the aussie pension an live over there
kandagal said
07:03 PM Jun 29, 2015
I'm off overseas soon so wouldn't mind if the English pound & the euro dropped in value as I need to buy some.
Plendo said
07:28 PM Jun 29, 2015
I am with you Kandagal, we head off on the 19th, and am just waiting for the right moment to buy.
Regarding the market, I suspect will be bigger than the size of the Greek economy deserves. The market is driven by perceptions not facts.
Hey Jim said
08:28 PM Jun 29, 2015
Hi Plendo,
Might get some extra cheap Greek banks soon. Keep holding for now.
I'm Thinking of some second hand, ATMS going for a good price soon.
brickies said
09:00 AM Jun 30, 2015
Warning in the news traveling in Greece to have more than one form of payment , So hope people have plenty of cash on hand which is not in the bank
kiwijims said
09:25 AM Jun 30, 2015
I reckon having a chain attached to your wallet might be a good idea,
there must be hundreds of very poor Greeks looking for an easy buck, walking the streets at the moment.
K.J.
JayDee said
02:02 PM Jun 30, 2015
I was surprised to note that the ASX is virtually running line ball for today 30th.
After the DJIA dropped a huge % I thought that the ASX would follow, but maybe we had our big dip yesterday.
But it is not over yet, and more falls could follow. I very much doubt that we will get back to 4500 pts let alone 4000pts.
But the ASX is the most unpredictable beast in this country.
jay&Dee
Ondabeach said
02:25 PM Jun 30, 2015
'Another' GFC????? I think it's just a permanent state of affairs these days, or at least for the foreseeable future
dogbox said
03:57 PM Jun 30, 2015
Hey Jim wrote:
Hi Plendo,
Might get some extra cheap Greek banks soon. Keep holding for now.
I'm Thinking of some second hand, ATMS going for a good price soon.
you can buy atms heard they were not a bad investment
Spydermann said
04:20 PM Jun 30, 2015
Happywanderer wrote:
Maybe one of the other countries nearby need to buy Greece for the amount needed to pay off all it's debts. Then add it to their country, to be in control and manage it.
Been done before. The Yanks bought Alaska off Russia. And didn't some of the other US states get bought from European countries.
dogbox said
06:49 PM Jun 30, 2015
Spydermann wrote:
Happywanderer wrote:
Maybe one of the other countries nearby need to buy Greece for the amount needed to pay off all it's debts. Then add it to their country, to be in control and manage it.
Been done before. The Yanks bought Alaska off Russia. And didn't some of the other US states get bought from European countries.
who would they pay
brickies said
08:52 AM Jul 1, 2015
Start on a bad day and were will it end
clarence said
11:06 AM Jul 1, 2015
It will all come out like a good greek cake sticky but filling.
Will Greece put us into another GFC , And leave us with less fund to travel ? Hope Not
At the moment, it seems that Greece and the EU are playing "whoever talks first looses", but at some stage both parties will concede enough to each other that no pollie looses face, irrespective of whether or not its long term good or bad for that country
Hi brickies.
A big fat NO. Greece as a % of the worlds economy makes up 1.2% total. has a population of 11 .7 million people.
Take AUSTRALIA as an example. population of 25 million people. we make up 2.6% of the worlds economy. Yes we export our natural Resources to the world Iron ore, Coal, Grains x 12, Beef, lamb.
With no disrespect to the people of Greece. They up till now automaticly get an age pension from 50 years of age.
They have tourism as a commodies.
However today our finance bodies will play tag along. Our share markets will follow along too. Great if you are cashed up. Money Makes Money they allways say.
When the markets are down I come out to play.
Just sit tight and things will be fine.
Regards Jim
Agree jim , we have set money aside to invest when the market drops to the 4000s
vic
The answer, No just visiting.
Cheers
David
I was ecstatic when it went it back up past 4500 going back to 4000 something really drastic would have to happen
I wonder how many Greeks receive the aussie pension an live over there
I am with you Kandagal, we head off on the 19th, and am just waiting for the right moment to buy.
Regarding the market, I suspect will be bigger than the size of the Greek economy deserves. The market is driven by perceptions not facts.
Hi Plendo,
Might get some extra cheap Greek banks soon. Keep holding for now.
I'm Thinking of some second hand, ATMS going for a good price soon.
I reckon having a chain attached to your wallet might be a good idea,
there must be hundreds of very poor Greeks looking for an easy buck, walking the streets at the moment.
K.J.
After the DJIA dropped a huge % I thought that the ASX would follow, but maybe we had our big dip yesterday.
But it is not over yet, and more falls could follow. I very much doubt that we will get back to 4500 pts let alone 4000pts.
But the ASX is the most unpredictable beast in this country.
jay&Dee
'Another' GFC????? I think it's just a permanent state of affairs these days, or at least for the foreseeable future
you can buy atms heard they were not a bad investment
Been done before. The Yanks bought Alaska off Russia. And didn't some of the other US states get bought from European countries.
who would they pay