agreed,
even tho these cunts are obviously snookered they do have some gumption to at least keep on fighting a loosing battle, their bravery is commendable even if their naivety is most undignified.
Europe need to man up now, let the Greeks run dry for a few days and let carnage develope, those retards celebrating a No vote will have their tongues well and truly caught when every single ATM in the country is dry on Tuesday, let a revolt occur, then they’ll come crawling back cap in hand
i stated a fact tho based on a democratic referendum result, not an opinion
You’re as bad as any troika
Back to the bins to see if they missed anything yesterday.
Jaysus hbv, that would be funny, if it wasnt funny :-/
Greeks celebrating in the streets presumably because they can’t afford to celebrate anywhere else.
Hon Greece to fuck.
What sort of mandate do Syriza have now?
They basically can accept nothing from Europe unless it contains a massive write-down/restructure and I can’t see Europe offering them that. Have they set a precedent now where any future deal will have to be voted on by the people?
As the forums foremost capitalist I believe that if you can’t pay your debts you default.
Bondholders should not be subsidised for losing bets. It is not capitalism it’s not even communism.
Defaulting and starting again are what allow capitalism to work.
It’s a bit of a mess. They don’t even nessecarily have a mandate to leave the Euro after it
Yanis Varoufakis is an expert on game theory. Angela Merkel is not.
And today has borne that out quite clearly.
I don’t know the extent to which Syriza’s hand was forced with the referendum, but on the surface it looks like an incredibly impressive political move on their part. The boldness of it is something I struggle to imagine any of our party’s ever matching. I don’t think they’d have the bottle for it.
Varoufakis gone.
But Europe does not want to play any game with him and he is now gone.
What is even more interesting is the Chinese intervening this weekend to prevent their stock market collapsing.
Pearse Doherty on morning Ireland (I am waiting for qualifier drAw) live from Athens
Sinn Fein and Paul Murphy were invited over by Syriza for the weekend.
The Varoufakis thing is a bit bizarre. I’m wondering if the deal Syriza end up with will be really any better than what was on offer last week?
The danger now is more that Europe won’t bother negotiating with the Greeks rather than the other way around. Getting him to step down might facilitate more discussions.
This was the best part of his resignation announcement.
“And I shall wear the creditors’ loathing with pride.”
Beijing were cheerleaders for the recent China stock rally (up 150%) convincing the general public of the opportunities in the stock market. Most of the bubble has been driven by retail investors “investing” with margin accounts. Shades of 1929.
Global stock markets are on a bit of a knife edge. The broad US market (NYSE) has been in a topping pattern and essentially flat for a year. Greece may not be the tipping point but if US earnings disappoint this quarter, and the strong dollar is already hurting multinational earnings, it could be a summer like 2011 or worse.
I think Syriza are deluded and think Europe are going to offer a better deal, and jettisoning Varoufakis will facilitate this. I think Merkel and Hollande will work out some Grexit deal as they know this will never end otherwise. The bureaucrats in Brussels will try and cobble together another fantasy kick the can deal but the Germans will tell them to fuck off.