My Big Fat Greek Funeral: How Many PIIGS Will Survive?

Discussion in 'Economics' started by shortie, Jun 17, 2011.

How Many PIIGS Will Default?

  1. At least 1 of Little PIIGS (Greece, Portugal or Ireland)

    5 vote(s)
    23.8%
  2. 2-3 Little PIIGS (Greece, Portugal or Ireland)

    2 vote(s)
    9.5%
  3. At least 1 of Big PIIGS (Spain or Italy)

    1 vote(s)
    4.8%
  4. All Will Default

    8 vote(s)
    38.1%
  5. No One Will Default

    5 vote(s)
    23.8%
  1. Very funny, on many levels. :)
     
    #11     Jun 17, 2011
  2. LeeD

    LeeD

    The poll misses option "None will default"
     
    #12     Jun 17, 2011
  3. you are right, that's a big omission. my bias is showing. :(

    my fault but don't feel like starting another thread...
     
    #13     Jun 17, 2011
  4. LeeD

    LeeD

    If you request a change in the polll, I'm sure moderators can add an option or 2. Of course, it's up to you as the person who started the thread to decide if you want any changes.
     
    #14     Jun 17, 2011
  5. zdreg

    zdreg

    in order for the poll to be worthwhile there has to to be a definition of default. is lengthening of maturity a default etc.?
     
    #15     Jun 17, 2011
  6. Mods, thank you for fixing the thread!
    Could you also add one more option to the poll: "None will default"? Thanks!
     
    #16     Jun 18, 2011
  7. could you elaborate a bit?
     
    #17     Jun 18, 2011
  8. Merkel had been pressing for private investors to contribute up to a third of the second rescue package by accepting later repayment on their Greek bonds.

    She said she now backed a new package along the lines of a deal on Romanian debt agreed in Vienna in 2009, whereby private banks agreed to buy new government bonds to replace ones that matured.

    However her insistence on Saturday on the need for a major input from the banks will not go unnoticed among ratings agencies and others sensitive to any signs of coercion.

    Eurogroup chief Jean-Claude Juncker said Saturday that the problems which have forced Greece, Ireland and Portugal to seek emergency aid could affect Italy and Belgium, even before Spain, tipped as the next casualty.
     
    #18     Jun 18, 2011
  9. morganist

    morganist Guest

    Done.
     
    #19     Jun 18, 2011
  10. Thanks!

    I should not start threads on Friday after a long week...
     
    #20     Jun 18, 2011