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michaelpelly commented Jun 28, 2015Funky :-). One of the chart screens has the tab page named "Default". Is it a coincidence or anther evil plan to destroy Greece?!
EUR/USD Forecast June 29 – July 3 – Greek crisis reaches deadline
- michaelpelly commented Jun 28, 2015
The loan has always been a meaning to potentially acquire one's wealth. Doesn't matter if it is a country or person. This is why the loan is not to be taken lightly. Why most politicians in Greece believed that running the country on loans is ...
Eurogroup statement on Greece
- michaelpelly commented Jun 28, 2015
I prefer simpler explanation - the political class in the 18 EZ countries started to assess the real mood of their electorate if they start to put generous bailouts again, especially with the tone put in place by the current Greek PM. Even more ...
Eurogroup statement on Greece
- michaelpelly commented Jun 27, 2015
It is what it is, man - universe is not equally fair place. At the end the only thing that matters is who gets rich and who gets killed. Cynical - but that is how things are going to play out.
Eurogroup statement on Greece
- michaelpelly commented Jun 27, 2015
Somehow I get the feeling that new page is turning for the EZ/EU. Get ready for shaky markets this week. I closed my high-risk positions Friday.
Eurogroup statement on Greece
- michaelpelly commented Jun 27, 2015
If no miracle happens - Greece is screwed either way. It is matter of prudent analysis which way the government should go to fix the economy long term.
Eurogroup statement on Greece
- michaelpelly commented Jun 27, 2015
IMF insisted in default for Bulgaria back in early 90s just for $200 000 000 delayed payment. Get real - this is the world.
Eurogroup statement on Greece
- michaelpelly commented Jun 27, 2015
That is not good. Hardening the tone - basically they said "we did what we could - you are on your own". Scheuble might be right after all - too much optimism last week.
Eurogroup statement on Greece
- michaelpelly commented Jun 27, 2015
Bill, the tactic "give us more money or write off debt cause this will give you some headache too" is never stable long term solution. Sooner or later EU will elegantly get rid of Greece and at the end the Greek people will take the biggest hit. You ...
Some say back to the drachma for a Greek reboot
- michaelpelly commented Jun 26, 2015
I would suggest the Greek people to start listening one brilliant British band and their brilliant piece: "Locomotive breath", Jethro Tull "..Old Charlie stole the handle and The train won't stop going -- No way to slow down..."
Some say back to the drachma for a Greek reboot
- michaelpelly commented Jun 26, 2015
They probably will barely pay this to the IMF - this is the reason he is so bold - but then he know he need to hang the tough decision on someone - why not the Greek people themselves. Why this referendum did not happened 5 months ago?! This is ...
Greece rejects 5 month extension, talks not going well
- michaelpelly commented Jun 26, 2015
He is covering his a.. - if everything goes kaput after negotiations fail - he will have his smile and say "our people voted for it - we did not failed them" :-).
Greece rejects 5 month extension, talks not going well
- michaelpelly commented Jun 26, 2015
This "drachma" crap is quite annoying. Let me ask - does anyone remember the Greeks to prosper when they were using drachma?! Cause I have different impressions. Before joining the EU Greece was just another southern country - a small rich elite ...
Some say back to the drachma for a Greek reboot
- michaelpelly commented Jun 26, 2015
Most broker spreads are quite widen for the weekend :-).
Greece rejects 5 month extension, talks not going well
- michaelpelly commented Jun 26, 2015
Default again on the table.
Greece rejects 5 month extension, talks not going well
- michaelpelly commented Jun 25, 2015
780 EUR are quite a comfort money for modest decent living per month, especially if one have own place to live (as in Greece). Can't see the big problem. Of course the pensions in all EU countries are different - different economies. Friends of mine ...
Eurogroup meeting on Greece has resumed, a source tells CNBC
- michaelpelly commented Jun 25, 2015
Macdon, I don't deny that megabanks are concerned only how to make profit and thus those organizations will stop to anything to achieve that. But there is a subtle point here. Their power comes from the fact that the debtor has fallen under their ...
13 mind-blowing facts about Greece's economy
- michaelpelly commented Jun 25, 2015
Macdon, too much scent of conspiracy, man! I prefer Occam's razor approach toward the facts. Otherwise - once you get down to this road of "everyone in this world is conspiring against poor X" - you bring monsters like bolvshevikhs on power. Your ...
13 mind-blowing facts about Greece's economy
- michaelpelly commented Jun 25, 2015
I'm the latest person on this planet that would promote oppression and denying of rights to someone. In many ways I define myself as pure libertarian. What horrifies me is the way certain social layers expect that another social layers are ...
13 mind-blowing facts about Greece's economy
- michaelpelly commented Jun 25, 2015
The moderation party is trying to suppress my voice of freedom!!! :-) P.S. Correctly spelled in Latin alphabet: Nikolay (at least on the ID).
13 mind-blowing facts about Greece's economy