PDA

View Full Version : Sometimes It's Hard To See Elephants In Rooms



RWGR
07-06-2015, 01:37 PM
Greece votes No: The European Union is dying before our eyes

both the euro single currency and the European Union itself have done great harm to the prospects of young people who are now realising that we do not need a single currency or a political union to be friends, neighbours and trading partners. Far more important than this European Union is the concept of national democracy, of which this Greek referendum and its result are a beaming example of.

http://www.telegraph.co.uk/news/worldnews/europe/greece/11720081/Greece-votes-No-The-European-Union-is-dying-before-our-eyes.html

RWGR
07-06-2015, 01:38 PM
Greeks were ****ding cash and food Saturday amid mounting fears the economy could collapse, cracking open their wallets only to stock up on essentials and stripping supermarket shelves in the process.

http://news.yahoo.com/sugar-flour-rice-panicked-greeks-stock-essentials-175737930.html;_ylt=AwrC1CkJSJhVLU4AhhjQtDMD;_ylu= X3oDMTBydDI5cXVuBGNvbG8DYmYxBHBvcwM2BHZ0aWQDBHNlYw Nzcg--

Anapeg
07-06-2015, 05:01 PM
Methinks someone is blowing on our house of cards. If one falls many may well follow.

RWGR
07-06-2015, 05:50 PM
Perhaps. Or, it is a needed change, as the experiment that is the EU is shown to be a farce and grand facade which was never needed in the first place.

The Greeks may be hailed as heroes in the future being being the first ones to flip the EU elites the bird.

KDawg
07-06-2015, 08:50 PM
Perhaps. Or, it is a needed change, as the experiment that is the EU is shown to be a farce and grand facade which was never needed in the first place.

The Greeks may be hailed as heroes in the future being being the first ones to flip the EU elites the bird.
Ireland was an IT powerhouse in Europe about ten years ago. Then they joined the Eurozone. Now look at them.

Greece is standing up to the European Union with their NO vote and although it will be painful... good for them.

Hans
07-06-2015, 10:40 PM
http://www.soonet.ca/showthread.php?40343-Euro-oh

Is this the famous implosion predicted to happen long time ago?

Hans
07-06-2015, 10:48 PM
Ireland was an IT powerhouse in Europe about ten years ago. Then they joined the Eurozone. Now look at them.

Greece is standing up to the European Union with their NO vote and although it will be painful... good for them.

You have to put things into perspective:

"The population of Greece is slightly less than the state of Ohio's, while its gross domestic product is just a little bit bigger than the economies of Kazakhstan, Algeria and Qatar."

"Instead of focusing on Athens, investors should be much more worried about what's going on in China. You know, that country with about 1.4 billion people and the world's second largest GDP?
The Shanghai Composite and Shenzhen Composite have both plunged about 30% from their highs due to legitimate concerns that Chinese stocks are in a bubble."

http://money.cnn.com/2015/07/06/investing/stocks-market-china-greece/index.html

Hans
07-06-2015, 10:49 PM
I would be more worried about the rate the oil price is dropping. 8% in one day.

http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=6m

RWGR
07-07-2015, 12:32 PM
http://www.soonet.ca/showthread.php?40343-Euro-oh

Is this the famous implosion predicted to happen long time ago?

You're angry, I don't blame you.

Europe has been a cesspool since it took the entire globe into war twice last century.

It's like watching a dear old dog die: just die, old friend.

RWGR
07-07-2015, 12:32 PM
I would be more worried about the rate the oil price is dropping. 8% in one day.

http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=6m

I know you would. That's why your home continent is on life support.

Hans
07-07-2015, 03:50 PM
You're angry, I don't blame you.

Europe has been a cesspool since it took the entire globe into war twice last century.

It's like watching a dear old dog die: just die, old friend.

Just shows you how powerful Europe really is: when we go to war everyone else follows.

Hans
07-07-2015, 03:51 PM
I know you would. That's why your home continent is on life support.

How is your home continent oil production going these days?

RWGR
07-07-2015, 04:57 PM
How is your home continent oil production going these days?

Most productive in the world, thanks!

RWGR
07-07-2015, 04:57 PM
Just shows you how powerful Europe really is: when we go to war everyone else follows.

To save Europeans from themselves.

Pathetic.

Hans
07-07-2015, 09:21 PM
To save Europeans from themselves.

Pathetic.

If you would have kept to yourself we would be having this conversation in German, Herr adler.

RWGR
07-08-2015, 03:32 PM
If you would have kept to yourself we would be having this conversation in German, Herr adler.

You're welcome

RWGR
07-08-2015, 03:37 PM
The other elephant Soonet refuses to see in the room (specifically those that were so sure China was the next economic giant):

China’s stock exchange regulator has imposed severe limits on stock market selling, having earlier warned of panic in the market as a range of recent government measures failed to prevent stocks plummeting a further 6%.

After 10 minutes of morning trading a wave of listed companies’ shares had been suspended across China’s two stock markets after they dropped by the daily limit of 10%.

Unlike most other stock markets, where most investors are institutional, in China 80% are small retail investors. Balding said this was raising concerns of “political risk” in Beijing. With large numbers of private investors losing a lot of money, the government would be worried about “people protesting on the streets”.

“I don’t see it getting better,” Balding said. “There is not going to be a turn around within the next week or two. It probably has a long way to go.”

http://www.theguardian.com/business/2015/jul/08/china-stock-markets-continue-nosedive-as-regulator-warns-of-panic

The EU coming apart at the seams...China's paper tiger economy exposed for what it is...but that's not important, let's look for stories on police rough-handling some minorities, or shootings in Chicago.

Hans
07-08-2015, 07:51 PM
You're welcome

I presume you assume your ways of living are the best in the world, and therefore everyone else should be following in your path?

Anapeg
07-08-2015, 08:24 PM
Just shows you how powerful Europe really is: when we go to war everyone else follows.

Really? Or was it to stave it off all out attacks on North American shores as much as humanly possible? Europeians have been kicking dirt at one another for ever. The advent of Germany pushing all Europe at once had all the earmarks of spilling over.

RWGR
07-08-2015, 09:26 PM
I presume you assume your ways of living are the best in the world, and therefore everyone else should be following in your path?

I don't assume a thing. The fact the largest migration of humans from one part of the globe to one particular spot has been the emigration from all four corners of the globe to the US tells me all I need to know.

Westender 3
07-08-2015, 09:28 PM
Most productive in the world, thanks!

Thanks, Obama

RWGR
07-08-2015, 09:40 PM
Thanks, Obama

He gave us free cell phones


https://www.youtube.com/watch?v=tpAOwJvTOio

Westender 3
07-08-2015, 09:57 PM
He gave us free cell phones


https://www.youtube.com/watch?v=tpAOwJvTOio


The Lifeline program originated in 1984, during the administration of Ronald Reagan; it was expanded in 1996, during the administration of Bill Clinton; and its first cellular provider service (SafeLink Wireless) was launched by TracFone in 2008, during the administration of George W. Bush. All of these milestones were passed prior to the advent of the Obama administration.

http://www.snopes.com/politics/taxes/cellphone.asp

Anapeg
07-09-2015, 07:13 PM
Match point to Westender 3. Game, set, match.