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Post Info TOPIC: Greece
brickies


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Will Greece put us into another GFC , And leave us with less fund to travel ?  Hope Not 



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Bruce and Bev


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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

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brickies


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No matter a lot of crap will hit the fan this week were it will fly to who know stay tuned .

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Happywanderer


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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.

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Live! Like someone left the gate open

 

 

 
brickies


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That not a bad idea but need a war before that can happen

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Hey Jim


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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



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brickies


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Time will tell , If default someone will be out of pocket and the market wont be pleased

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clarence


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Agree jim , we have set money aside to invest when the market drops to the 4000s 

vic

 



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Roving-Dutchy


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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

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dogbox


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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  



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kandagal


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I'm off overseas soon so wouldn't mind if the English pound & the euro dropped in value as I need to buy some.

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Plendo


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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.



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Hey Jim


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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.biggrinbiggrinbiggrinbiggrin

 



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brickies


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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

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kiwijims


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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. 



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JayDee


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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

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Ondabeach


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'Another' GFC????? I think it's just a permanent state of affairs these days, or at least for the foreseeable future hmm



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Cheers, Steve.

 

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dogbox


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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.biggrinbiggrinbiggrinbiggrin

 

you can buy atms heard they were not a bad investment 



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Spydermann


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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.



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dogbox


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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 



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brickies


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Start on a bad day and were will it end

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clarence


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It will all come out like a good greek cake sticky but filling.

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