Telegraph:- Euro to rally hard if Greek defaults...What do we think?

[Mega]

http://www.telegraph.co.uk/finance/f...reek-exit.html

I recall some years ago Jim Rodgers discussed this & he said they should leave the Euro and as a result the Euro would rally.......he not as sure now, last i heard he sold his Euro polsition, not shorting but not buying it either. So, the question is the Telegraph story is it:-

A. Facebook type "Pump & Dump" con?
B. Spot on advice?

Mike

[globaleconomicollaps]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

I must be dense. I don't grasp why they would leave. Just stop paying. Default. No more debt. If you need money, print euros. Literal not figurative euros. Print a trillion. You can even use them to pay off your bond holder friends if you so desire, but why bother. What is Brussels going to do about it? The worst that can happen is that they will get kicked out. A much better state of affairs for Greek politicians than to be seen as part of the oppressive apparatus applying the boot to the neck of the population. Greece is facing a famine. Do you want to be held responsible for that?

There is zero up side to a voluntary exit.

[Mega]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

"They" might force Greeks out then get everyone to watch them go though hell to frighten them to agree to ANYTHING....
BTW Globe how much are females in you land?
Mike

[globaleconomicollaps]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

Mike, What can I say? You know that this is a family web site right? What is going on in your head?

I want to like you. You seem like decent guy, but I cannot deal with this shit.

[Mega]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

Simply trying to understand how the local Ecomermy works!
It used to be the case that a "Freindy Female" cost you £1100 a nite (Top gun version), however looking at their website now that has fallen to £550-£750 ish.........thus from that i can conclude that major deflationy forces are in play......i think your find MISH would back me up on that one, although i suspect we look at differant data..

You see the Comex & Dow are "Played" by the PPT........Adultwork.com is not, its a TRUE reflexion of what is happening in the Econermy....

Mike

[sishya]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

Simply trying to understand how the local Ecomermy works!
It used to be the case that a "Freindy Female" cost you £1100 a nite (Top gun version), however looking at their website now that has fallen to £550-£750 ish.........thus from that i can conclude that major deflationy forces are in play......i think your find MISH would back me up on that one, although i suspect we look at differant data..

You see the Comex & Dow are "Played" by the PPT........Adultwork.com is not, its a TRUE reflexion of what is happening in the Econermy....

Mike

Deflation in what you want and Inflation in what you need. Prostitution falls under "Want" category - so not exactly an inflation gauge in my opinion.
MIT Billion price index is a better indication of inflation.

[Chris]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

this thread is very surreal...

[Mega]

Re: Telegraph:- Euro to rally hard if Greek defaults...What do we think?

Am not trying to say if its right or not for a woman to sell herself ........am saying if you keep a record on the "going rate" & measure it against something like "M2"....it gives you a good idea what is going in in that nation.

Mike