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Posts: 164
In response to
"
The Dow dropped 500 points in 5 minutes, but has bounced back a bit.
"
by
not2fast
goddamn Greeks. -- nm
Posted by
decline (aka Decline)
May 6 '10, 12:13
(No message)
Responses:
[deleted]
I recognize the interdependence of economies and such, but it's hard for me to believe that major economic problems in Greece will sabotage the entire
-
pmb
May 6, 12:15
11
One thought that came to my mind - what country would look at Greece and then decide to pass austerity measures of its own? -- nm
-
Roger More
May 6, 12:20
Greece in and of itself is not that big a deal. Serious if they declare bankrupcy, but not globally crippling. The real problem is the Euro
-
decline
May 6, 12:19
1
I haven't studied the issue thoroughly, but my gut tells me this is an overreaction.
-
pmb
May 6, 12:23
Greece is a Euro nation -- nm
-
SuperRustyMan II
May 6, 12:18
5
It amazes me the Euro is as strong as it is when the underlying economies are so disparate.
-
TWuG
May 6, 12:22
1
well if you asked me when they started this proces and if you ask me now my answer is the same
-
SuperRustyMan II
May 6, 12:23
I understand that, but it's not the major driver of the Euro economy. -- nm
-
pmb
May 6, 12:19
2
dont matter you can't devaluate and you can't put yourself in massive debt
-
SuperRustyMan II
May 6, 12:22
ha, if not Greece, then who is...Germany? France? don't make me laugh
-
crash davis
May 6, 12:20
It's the PIGS economic principle. If Greece goes, it puts Portugal, Spain, and Italy at higher risk ... if they go, then the shit hits the fan. -- nm
-
Beryllium
May 6, 12:16
1
+ Ireland -- nm
-
SuperRustyMan II
May 6, 12:17
Tell me that isn't open to manipulation by nefarious forces?
-
TWuG
May 6, 12:14
hald the blaime is to the indians
-
SuperRustyMan II
May 6, 12:13
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