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<p>[QUOTE="Rono, post: 1361313, member: 6492"]Howdy,</p><p><br /></p><p>I think that fatima is spot on here [yes, virginia, there IS a santa claus]. The Greeks have themselves. They're going to have to go their own way, but geez, isn't that what we all want? To go our own way. Maybe it works and maybe it doesn't. The Greeks may be deciding to go this route and that's good. If they do well - and add enough value for self-fuciency - or they don't have have to go begging or otherwise sell themselves. I want to visit the Acropolis. Do I really care what currencies good? feh. We've all been around enough to know that there is always some 'currency' that works. </p><p><br /></p><p>Tip of the iceberg? Sure. I think it was suggested that the Fed would find some way via QE3 or whatever, to cover the greek bond holders for more than what is supposed. That's the nut. Early on they were *****ing about having to take any reduction. Recently, it had been a 50% devaluation. Yesterday it was a 60% haircut. Now, the people may be saying, BS, give them nothing and we'll survive without them.[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1361313, member: 6492"]Howdy, I think that fatima is spot on here [yes, virginia, there IS a santa claus]. The Greeks have themselves. They're going to have to go their own way, but geez, isn't that what we all want? To go our own way. Maybe it works and maybe it doesn't. The Greeks may be deciding to go this route and that's good. If they do well - and add enough value for self-fuciency - or they don't have have to go begging or otherwise sell themselves. I want to visit the Acropolis. Do I really care what currencies good? feh. We've all been around enough to know that there is always some 'currency' that works. Tip of the iceberg? Sure. I think it was suggested that the Fed would find some way via QE3 or whatever, to cover the greek bond holders for more than what is supposed. That's the nut. Early on they were *****ing about having to take any reduction. Recently, it had been a 50% devaluation. Yesterday it was a 60% haircut. Now, the people may be saying, BS, give them nothing and we'll survive without them.[/QUOTE]
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