Hungary to default before Greece?

Discussion in 'Economics' started by schizo, Jun 5, 2010.

  1. schizo


    This is the start of a wild fire that will not be contained.
  2. WinSum


    If Greece can borrow money from the IMF, why can't Hungary ?
  3. zdreg


    who is going to get burned?
    how are you going to make money off it?

    all wild fires eventually die but as u imply we are in the early stages.

    To Winsum:

    Hungary already has borrowed. do some research. what are limits to how much the IMF will loan?
  4. Hungary has already borrowed 20 bln some but not enough.
  5. Andris_2


    The comments from officials that caused the mess around Hungary is just a part of a petty and pathetic political game. Those silly comments were far from the truth becuse Hungary is far from bankruptcy even the economic situation is not best.
  6. I am sooooo sick of these damned European countries!!!!! Always sooooo damned competitive - now they are competing to see who can default first :p
  7. It is the European version of "The Biggest Loser". :D
  8. Read up on Dave Rosenberg's letter - "breakfast with dave". the latest and greatest thing driving consumer consumption is the "strategic default" on your mortgage.
  9. Pekelo


    Yeah, if we have to put a wager on it, my bet is on California. Oh wait, did you say European????
  10. Yeah - damned Californians!!!! Always playing "keep up with the Joneses," but in California's case it is "keep up with the Europeans!" :D

    I can see it now! California snubbing the French: "Not only is our wine better, but we can default quicker than any European country!"
    #10     Jun 6, 2010