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[civil] "Greece moves closer to eurozone exit after delaying €300m repayment to IMF "

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  • err, what?
    "The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.

    "The most obvious predicition about the future is that it will be mostly like the past" - Alain de Botton

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    • Fraport has established that Greece is for sale. Now, we're just haggling over price.
      “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

      ― C.S. Lewis, The Abolition of Man

      Comment


      • The fraport deal actually got stuck.

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        • Originally posted by pchang View Post
          Fraport has established that Greece is for sale. Now, we're just haggling over price.
          what does that have to do with capital controls?
          "The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.

          "The most obvious predicition about the future is that it will be mostly like the past" - Alain de Botton

          Comment


          • Countries in Greece's position only out Capital controls on outflows. They only add controls on inflows once they have enough cash.
            “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

            ― C.S. Lewis, The Abolition of Man

            Comment


            • that's not really true. iceland imposed controls on both inflows and outflows in 2008.
              "The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.

              "The most obvious predicition about the future is that it will be mostly like the past" - Alain de Botton

              Comment


              • So, you're intimating there's a Greek carry trade that needs to be stemmed?
                “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

                ― C.S. Lewis, The Abolition of Man

                Comment


                • Originally posted by Bereta_Eder View Post
                  and the devaluation will bottom out at around 20%
                  yeah, per month...
                  "Ceterum censeo Ben esse expellendum."

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                  • Well each month another country will be leaving the EU so maybe that's the deflation you're talking about.

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                    • Not only the fraport deal is stuck but syriza actually reversed an eldorado gold mining operation.

                      The issue was simple. It was destroying the environment and it refused to reform.

                      Now some people are left without work but noone cares because they were political cronies of the PASOK politician who signed the deal.
                      Ta ta

                      Comment


                      • Originally posted by Bereta_Eder View Post
                        The fraport deal actually got stuck.
                        http://www.4-traders.com/FRAPORT-AG-...arch-20935234/

                        George Stathakis, economy minister, says the deal will be done by March 2016. I guess we have 6 months to wait and see.
                        “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

                        ― C.S. Lewis, The Abolition of Man

                        Comment


                        • Oh sure.
                          Since he said it, it will happen.




                          Comment


                          • This was a deal that was denounced by the syriza gov when it was in opposition as "selling out".
                            The company itself has said it wants to re-negotiate some aspects because of insecurities.
                            The syriza gov. said if it enters re-negotiations it will re-negotiate the whole deal. And the company backed down.

                            Anyway, I'd be surprised if it happens. Not important anyway in the grand scheme of things.

                            This "will happen" has been heard for 5 years. Nothing has changed, so probably nothing will happen.
                            That's good.

                            Besides, now syriza is compromised so noone basically expects anything.
                            It's like **** all'y'all attitude.
                            Very healthy from a certain POV.

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                            • After October when the taxes will start hitting homes, nomatter if syriza wins or not, or is forced to co-govern, I have a feeling things will be uncontrollable.

                              Before, tax evasion was a hobby. Now it's necessity.

                              Comment


                              • “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

                                ― C.S. Lewis, The Abolition of Man

                                Comment

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