Eurozone debt crisis

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superfrank
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Joined: Fri Aug 14, 2009 8:28 pm

poklius +1

so they've finally kicked the can (as instructed by the US last week).

don't know what happened to Tsipras - he's obviously been had somewhere.

the deal is in reality a complete loss of sovereignty (they've even told them to allow Sunday shopping!) in exchange for 100 years of debt servitude.

it won't last; they'll still default sooner or later.
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marksmeets302
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Joined: Thu Dec 10, 2009 4:37 pm

the deal is in reality a complete loss of sovereignty
which might be a good thing for the Greek people. The greek government can't be trusted. Not by the EU and not by their own people.

I wonder how Tsipras is going to defend this deal in light of the outcome of the referendum. Democracy my ass.
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Euler
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The Greek Warrior

How a radical finance minister took on Europe—and failed.

http://www.newyorker.com/magazine/2015/ ... ek-warrior
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Euler
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The Big Short: is the next financial crisis on its way?

Steve Eisman is short Italian banks.

https://www.theguardian.com/money/2016/ ... banks-risk
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marksmeets302
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could be set in motion by the Italian referendum...
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