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the crisis in europe is off, euro zone will grow in third and forth quarter

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another day in paradise

North Miami Beach, FL

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#1
May 29, 2012
 
greek default will not threat euro zone....i think however that most greeks are tired of being contrarian...they are gonna make tsipras lose big time and remain in the euro

spain and italy will stabilise as there will be worked on figuring out what to do to stabilise greece...which most likely will be to continue on its austerity journey while explaining more clearly to the greeks why this is necessary (seems obvious but greeks are a little "thick"

The Lie Detector

Toorak, Australia

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#2
May 29, 2012
 
another day in paradise wrote:
greek default will not threat euro zone....i think however that most greeks are tired of being contrarian...they are gonna make tsipras lose big time and remain in the euro
spain and italy will stabilise as there will be worked on figuring out what to do to stabilise greece...which most likely will be to continue on its austerity journey while explaining more clearly to the greeks why this is necessary (seems obvious but greeks are a little "thick"
europe is in a double dip recession!!!!

greece has lost 27% of its GDP in 3 years and falling fast...greece will be in recession for years to come....
Ignorence is Bliss

Toronto, Canada

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#3
May 29, 2012
 
The Lie Detector wrote:
<quoted text>europe is in a double dip recession!!!!
greece has lost 27% of its GDP in 3 years and falling fast...greece will be in recession for years to come....
The faster you learn the macedonijian fancy danski the faster you will become macedonijian. Every macedonijian must know how to do the jumping danski.

http://www.youtube.com/watch...
hugo

North Miami Beach, FL

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#4
May 30, 2012
 
The Lie Detector wrote:
greece has lost 27% of its GDP in 3 years and falling fast...greece will be in recession for years to come....
that is what will stabilise euro zone...greeks will accept the drop in living standard and understand the necessity for austerity.

you cannot have austerity without having a recession and slow first.

denmark had $200 billion debt load in early 80ies....thats how we got the 200% tax on cars, the 25% sales tax...the 40 to 63% personal income tax...
Now taxes on small cars have gone down after 30 years and so has the personal income taxes...still the highest in the world.

denmark had 1-2% growth for 20 years and only started growing more rapidly after 2000.

we had to pay back what we owed by overspending in the 70ies...and we did!

Same thing we Greece....they may have low growth for the next 20 to 30 years and then things will start growing rapidly again
hugo

North Miami Beach, FL

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#5
May 30, 2012
 
italy been one of the countries with most fiscal discipline of all in europe over the last 10 years...

even with high interest rates italy manages to keep budget deficits low...that shows the quality of the italian economy clearly aint as bad as the market makes it.

austerity targets are expected to be met one year ahead of time in 2012

honestly, italy's economy is stronger than the economy of france and uk...they might disagree...but considering how many people dont pay taxes in italy and how many retired people live in italy...italy truly knows how not to overspend
peace and love

Norristown, PA

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#6
May 30, 2012
 

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Italy is a solid investment. They just sold bonds at 4% two years. I wouldn't say they are better than France or the UK. Something closer to 75% to France and 60% to the UK. Italy has a lot in common with them being self sufficient and stable. They make their own cars, shoes, food, clothes, drinks, religion and everything needed to keep people happy. Some of the nicest things come out of Italy.
Now lets look at Greece. LOL tststs
hugo wrote:
italy been one of the countries with most fiscal discipline of all in europe over the last 10 years...
even with high interest rates italy manages to keep budget deficits low...that shows the quality of the italian economy clearly aint as bad as the market makes it.
austerity targets are expected to be met one year ahead of time in 2012
honestly, italy's economy is stronger than the economy of france and uk...they might disagree...but considering how many people dont pay taxes in italy and how many retired people live in italy...italy truly knows how not to overspend
hugo

North Miami Beach, FL

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#7
May 30, 2012
 
peace and love wrote:
Italy is a solid investment. They just sold bonds at 4% two years. I wouldn't say they are better than France or the UK. Something closer to 75% to France and 60% to the UK. Italy has a lot in common with them being self sufficient and stable. They make their own cars, shoes, food, clothes, drinks, religion and everything needed to keep people happy. Some of the nicest things come out of Italy.
Now lets look at Greece. LOL tststs<quoted text>
italy is not 75% of france...not with all those monkeys they got there....in their minds the french think they are 200% of italy....but italians got just as much money in the bank if not more.
France got huge budget deficits...so french GDP is not very indicative of france's strength...and soon France will surpass Italy in sovereign debt...and that is coming 50% debt to gdp just a few years back while italy was carrying about the same gdp of today.

italy is 75% of germany and holland...and perhaps 65% of denmark and switzerland

uk doesnt impress me much these days....its austerity raising college tuition doesnt make much sense to me given the mediocre standard of uk colleges....what are they paying for?

uk is in recession while the euro zone including greece is flat.

uk is too focused on banking which is under severe pressure.

uk got some glaxosmithkline and other know how companies....but not as much as United states, Switzerland and Germany

Uk is back to the 70ies
hugo

North Miami Beach, FL

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#8
May 30, 2012
 
shit comes out of greece...it doesnt make me happy!
hugo

North Miami Beach, FL

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#9
May 30, 2012
 
uk and france are the same in terms of purchasing power....actually, a brit's purchasing power compared to an american is 70%....even a swiss got less purchasing power as the America haters in the north, the Canadians
Bronzilla

Thessaloníki, Greece

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#10
May 30, 2012
 
another day in paradise wrote:
greek default will not threat euro zone....i think however that most greeks are tired of being contrarian...they are gonna make tsipras lose big time and remain in the euro
spain and italy will stabilise as there will be worked on figuring out what to do to stabilise greece...which most likely will be to continue on its austerity journey while explaining more clearly to the greeks why this is necessary (seems obvious but greeks are a little "thick"
right now

tsipras +3,5% up from ND
Golden dawn up to 10%

Spain - No IMF money only from EU
EU - No way
Spain - Yes you do

etc.....
Bronzilla

Thessaloníki, Greece

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#11
May 30, 2012
 
2012 we see back in 2000 USSR colapse
2020 we see back in 2012 EU colapse

a new world order
Bronzilla

Thessaloníki, Greece

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#12
May 30, 2012
 
Spain in 6,5%
urgently IMF (or wharever) help !!!

Italy 5,8%

6% is the door to hell ???
peace and love

Norristown, PA

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#13
May 30, 2012
 

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You are looking at it from a purely numbers standpoint. That strategy works here but in Europe things are slightly more complicated. First it's connections/alliances, then numbers. For this the Germanic countries have the highest conductivity with each other. We can call it the gold standard. The Latin countries are more of silver standard. Slavic are the Bronze standard. Greek is the Pyrite standard. They are also close historically to the UK and France.
hugo wrote:
<quoted text>
italy is not 75% of france...not with all those monkeys they got there....in their minds the french think they are 200% of italy....but italians got just as much money in the bank if not more.
France got huge budget deficits...so french GDP is not very indicative of france's strength...and soon France will surpass Italy in sovereign debt...and that is coming 50% debt to gdp just a few years back while italy was carrying about the same gdp of today.
italy is 75% of germany and holland...and perhaps 65% of denmark and switzerland
uk doesnt impress me much these days....its austerity raising college tuition doesnt make much sense to me given the mediocre standard of uk colleges....what are they paying for?
uk is in recession while the euro zone including greece is flat.
uk is too focused on banking which is under severe pressure.
uk got some glaxosmithkline and other know how companies....but not as much as United states, Switzerland and Germany
Uk is back to the 70ies
Bronzilla

Thessaloníki, Greece

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#14
May 30, 2012
 

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german exports to China - 5%
to EU - 42%

if you know what I mean ;))
Bronzilla

Thessaloníki, Greece

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#15
May 30, 2012
 

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money is only numbers

the political damage demolish of EU will be, no money can buy!!!

and Greeks are ready for that ;)))
Bronzilla

Thessaloníki, Greece

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#16
May 30, 2012
 

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money is only numbers

168 years would require Germany to pay their debts. And this, provided of course that from today they will not borrow a single penny anymore.

German Association of Taxpayers
Deutsche Welle
today
Bronzilla

Thessaloníki, Greece

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#17
May 30, 2012
 

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Bronzilla wrote:
<quoted text>
right now
tsipras +3,5% up from ND
Golden dawn up to 10%
Spain - No IMF money only from EU
EU - No way
Spain - Yes you do
etc.....
UPD

tsipras +4.2%
Golden +11%

only Greeks can f@ck f@cking germans !!!!
Bronzilla

Thessaloníki, Greece

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#18
May 30, 2012
 
Bronzilla wrote:
money is only numbers
the political damage demolish of EU will be, no money can buy!!!
and Greeks are ready for that ;)))
agree!!!

and after that not allowed to use Europe as name
this is Greek business to re-build Europe
central slav union is ok name for germans dutch etc
peace and love

Norristown, PA

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#19
May 30, 2012
 
Please man why do you have to be so naive? You will end up their slave. Join hands with your neighbors before it's too late.
Bronzilla wrote:
<quoted text>
UPD
tsipras +4.2%
Golden +11%
only Greeks can f@ck f@cking germans !!!!
Bronzilla

Thessaloníki, Greece

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#20
May 30, 2012
 

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peace and love wrote:
Please man why do you have to be so naive? You will end up their slave. Join hands with your neighbors before it's too late. <quoted text>
slavs from vardarska and mongols show me the way !!!

I see the light clear now !!!

till the last of us dead !!!

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