Those wiley old greeks. Soccer team beat Russia 1-0 then they fly the team home to make up the numbers and kick the can down the road one more time.
The election result will only delay the inevitable. Greece is bankrupt, and the only way for it to recover is for its currency to fall.
Only trouble is that their current currency is the euro, and so it wont and the will continue on a negative loop until it gets so bad they will bail out of the euro, and go back to the drachma.
Too much debt! Sound familiar
Now everything swings back to those spanish bankers who still havent got back from the long lunch last Wednesday. But hey - just pay us Berlin or Brussels otherwise we will unleash hell on you, with a euro mealtdown.
Sooner or later, we will see a major market mealtdown, as indicated by citi and deutsche bank.Deutsche Bank Calls For Big Bang Solution From ECBDeutsche Bank’s is not satisfied with the situation in Spain and have no faith in the recapitalization of its banks. It sees the only solution at this stage as a controlled market crash with a large role to be played by the ECB.
Controlled? Maybe, but sometimes things go out of control. Another major economic mealtdown, just when people in Vancouver are still hoping to unload their properties on some poor unsuspecting fool!
Just remind me, are economic mealtdowns good for confidence.
Quick ralph, engage the protective dome force field over Vancouver so no negative energy cant penatrate and affect the minds of the sheeple. Sorry people. The order is engage the dome!
Geezer: "What if somebody listened to Taipan and doesnt buy".
Well, they will thank their lucky stars, that they arent one of the thousands of miserable souls who cant sell their properties in 2013!