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Greece is Bankrupt .......

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jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
29/01/2010 12:25

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Message 1 of 8 in Discussion

http://www.cnbc.com/id/35094038





probably the fault of the TRNC eh ?



TRNCVaughan


Joined: 27/04/2008
Posts: 4578

Message Posted:
29/01/2010 12:31

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Message 2 of 8 in Discussion

If the Euro keeps sliding there will be some cheap property in the South, soon.



Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
29/01/2010 12:56

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Message 3 of 8 in Discussion

EU will bail them out with invented money. I'ts QE for everyone every where from now. Why, I'm off to get my printing press right now.



Geoff


Joined: 25/06/2008
Posts: 1370

Message Posted:
29/01/2010 13:24

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Message 4 of 8 in Discussion

Should improve the GBP>Euro exchange rate - good news for us Brits whose pensions are calculated in GBP and then converted to Euros and/or TL,

Geoff

Famagusta City



jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
29/01/2010 13:43

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Message 5 of 8 in Discussion

apparently Germany wont bail them - i'll look for the link



jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
29/01/2010 13:58

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Message 6 of 8 in Discussion

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7095818/Funds-flee-Greece-as-Germany-warns-of-fatal-eurozone-crisis.html



Clarissa2


Joined: 12/06/2009
Posts: 1476

Message Posted:
29/01/2010 14:41

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Message 7 of 8 in Discussion

Re: Msg1

Greece is bankrupt.



So is UK. Even more so. UK's debt is estimated to be about 76% of GDP, which is more than 3 times of Greece. I would worry more about UK!



Troodo


Joined: 12/06/2008
Posts: 1002

Message Posted:
29/01/2010 17:30

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Message 8 of 8 in Discussion

Why not emigrate to the TRNC our national dept is less and the housing, and cost of living, cheaper - and the sun shines most days.



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