GTA
Politics and Religion => Politics And Religion Discussion => : North Pack May 02, 2010, 12:46:23 PM
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For those that don't follow these things, - might give some thought to starting. - By itself the Greek problem isn't "the end of the world" - it's where it probably will lead that causes the real heart-burn "over there". - If this spreads, and in the long run it's going to, - watch out. - It doesn't take much imagination to see BO deciding to "help" our Atlantic "friends", - out of a totally "self-inflicted" meltdown. - This is the end result of government policy that's based upon helping/running everyone's lives - to the smallest detail. There's an excellent chance this will impact the world's equity markets worldwide - in a VERY negative way.
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http://www.bloomberg.com/apps/news?pid=20601087&sid=aqUKEXajkSzk
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My "favorite" part is that Greece is being allowed to use it Debt as Collateral on a new loan. Why the $#%* won't my bank let me do that?
Martin D. White
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Ever get the feeling the whole thing is nothing more than a total scam??? - Imagine a company or individual trying to "even suggest" use debt as collateral???? - Governments worldwide just ignore basic economic rules/principles and "make up" new ones whenever the older ones become a problem. - New or expanded taxes ARE NOT the solution, - less bs and less spending IS!!!
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Do you mean it's not a scam, our world has gone crazy & the nut's are in chargh!!!
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Gold, the only REAL currency, is going thru the roof, - trust me, it's related.
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http://www.marketwatch.com/investing/future/future-us-gold