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m22au

Registered: Mar 2002
Posts: 3138

11-08-12 07:10 PM

Some updates in my NBG thread:
http://www.elitetrader.com/vb/showt...950#post3674950

It looks like Friday 16 November could be the date for a potential hard Greek default.

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TGregg
Moderator*

Registered: Jan 2002
Posts: 7083

11-08-12 11:53 PM

`Tis not looking good. But I bet if they try to become even more socialist, it'll work out just fine. LOL.

According to the data released today, the official unemployment rate rose to a stunning 25.4% in August, setting a new record. More alarming, the jobless rate for 15- to 24-year-olds is 58% - 58%! And there is reason to believe future employment reports will be even worse.

http://finance.yahoo.com/news/el-er...-212009622.html

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XxSMIL3xX

Registered: Aug 2012
Posts: 5

11-29-12 03:50 PM

the greek parliament voted yes with 153 from 300 votes.

as i had told you they lost lot of votes as they had 179.so they lost 16 votes and it was a derby till the last minute.

we were watching them in television to vote and saying yes and no and yes and no till the last minute.

finally it was a yes but this will not last for long.
as we all know they will have to vote again and again as the programme will be out of control again and again.we saw that before and we will see it again.
if you read it you will understand.its all a fake.

for the next 2-3 years its 100% that we will not have grow and the programme believes we will have 1.5% grow in 2013...
the truth is that we will have at least 5-6% depress.

this means bigger haircut in salaries.
this parliament just can not do this...

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