Q3 GDP growth 2.5%, Greek Deal struck.

Discussion in 'Economy' started by Sallow, Oct 27, 2011.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Looks like it's going to be an up day on the dow. GDP came in with good numbers and the EU Zone got a deal done to cope with the Greek crisis.
     
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  2. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    For those looking for "Links"!

    Instant view: Q3 GDP up 2.5 percent; weekly jobless claims lower | Reuters


     
  3. Two Thumbs
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    Two Thumbs Platinum Member

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    How many times in the last 4 years has greece needed to be bailed out?

    And the liberals there are rioting for more money from the government.

    Damn, and people here want to copy that crap? There's not enough money in the world to bail out America.
     
  4. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    You do know why the Greeks borrowed that money, right?
     
  5. Two Thumbs
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    Two Thumbs Platinum Member

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    I also know they can't pay it back, unless they are prepared for a revolution, they must drastically cut waste, and you have already seen what the liberals there do at the mention of cuts.
     
  6. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    That's not what's happening. Read the article.
     
  7. editec
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    editec Mr. Forgot-it-All

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    I suspect that knowing the bad news means a healthier state of affairs for the markets than NOT knowing what is going to happen.

    Uncertainty about what is going to happen can be more damaging to a market than knowing THAT bad things are going to happen.
     
  8. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    They're leaders signed them on to the EuroZone debt and the Ponzi scheme of derivatives.

    Every few years elected leaders and banksters will announce that only re-financing the black hole of derivatives will save their country, which is of course bullshit! The derivatives can never mathematically be paid off! It's best to just let the banks fail but too many people believe the "Too Big To Fail" con job.

    The Banksters who created the problem will announce that the solution will be for Greece to give up it's rights and sovereignty to them! You see because it's freedom that caused all this! Not the Banksters!

    The Banksters will then sell off all of Greece's assets and the people will live under "austerity" in order to pay off the debt that can never really be paid off. Great scam huh?

    This is what's coming to the US. This is why you need to support the OWS crowd. They don't know exactly why it's happening but they know it's happening.
     
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  9. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    They gave up control of their financial infrastructure when they signed up for the European Union. Trouble was, they thought they could up grade their military by borrowing more money then they could repay. Heck..easy money..why not?

    Greece has some real problems. And building up the military was an astonishing move.
     
  10. JimH52
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    JimH52 Gold Member

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    The economy showing sings of life? Oh oh, the GOP better act quickly to put the brakes on that!
     
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