[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 458

 

The Greek parliament is voting. There are already 140 votes out of the necessary 151. 127 against.

All passed.

 
s_aullma:

All accepted.

Hooray, comrades!!!
 
2011.06.30 16:00:05 *Greek government passes law implementing austerity measures
 
N24: German banks have agreed with the government to participate in a second aid package for Greece.
 
s_aullma:
N24: German banks agreed with the government to participate in the second rescue package for Greece.

Here's the best part. Everyone knows that the Greeks will just eat that money up and not pay it back. And yet they sponsor it anyway. Why?

Because Greece will sink, followed by the old Old World.

 
RekkeR:
Can I see it?


And so it is on almost everything....

 
The dollar has gone for a second candle drawing) While the eu can't rise because of it.
 
OnGoing:

Here's the best part. Everyone knows that the Greeks will just eat that money up and not pay it back. And yet they sponsor it anyway. Why?

Because Greece will sink, followed by the Old World.

The Old World may not sink, but its credibility, especially among its member states, will be undermined. The mechanism for leaving the EU and the monetary union has simply not been invented. That's why they are afraid that if they kick Greece out, all the rest will follow, right down to Italy. Then the EU will be out of the woods. They may realize they won't get the money back but the government is quietly (at least in Germany) giving guarantees to banks. Otherwise the Deutsche Bank will not be forced to take part in this circus.
 
margaret:
2011.06.30 16:00:05 *Greek government passes law implementing austerity measures

Expect riots + millions of disgruntled people + a country of homeless people
 
Evgen157:

It's like that on just about everything....

If you get too clever, they'll cut you off altogether. )))

Install another terminal, another dtz and compare.