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South Cyprus heading for Greek financial Crisis

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Re: South Cyprus heading for Greek financial Crisis

Postby kurupetos » Sun Jul 24, 2011 5:28 pm

supporttheunderdog wrote:Come August 2nd unless the US gets its act together the US Government may be unable to pay all of its debts

http://www.telegraph.co.uk/finance/econ ... -fail.html

At that point I think we are all at risk of going down the sh*tter

No fear for Greeks. They are already there.
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Re: South Cyprus heading for Greek financial Crisis

Postby dinos » Sun Jul 24, 2011 6:06 pm

supporttheunderdog wrote:Come August 2nd unless the US gets its act together the US Government may be unable to pay all of its debts

http://www.telegraph.co.uk/finance/econ ... -fail.html

At that point I think we are all at risk of going down the sh*tter


I would not be too concerned about this in the long term. There are ways for the president to enact 'emergency measures' in order to make good on the debt. The problem will be all the interim volatility while the buffoons involved kick and scream and generally do everything they can to avoid doing their jobs.
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Re: South Cyprus heading for Greek financial Crisis

Postby dinos » Sun Jul 24, 2011 6:35 pm

Viewpoint wrote:The ho so brilliant Gc south is on the verge of an economic crisis which I predicted.


You predicted an economic collapse due to exposure to Greek debt. You were then, and remain, WRONG. You can't reasonably claim to be correct when the basis for your argument did not work out for you.
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Re: South Cyprus heading for Greek financial Crisis

Postby supporttheunderdog » Sun Jul 24, 2011 6:40 pm

dinos wrote:
supporttheunderdog wrote:Come August 2nd unless the US gets its act together the US Government may be unable to pay all of its debts

http://www.telegraph.co.uk/finance/econ ... -fail.html

At that point I think we are all at risk of going down the sh*tter


I would not be too concerned about this in the long term. There are ways for the president to enact 'emergency measures' in order to make good on the debt. The problem will be all the interim volatility while the buffoons involved kick and scream and generally do everything they can to avoid doing their jobs.


There are still issues with trade imbalances and rising government debt, which "emergancy measures" will not resolve: aall they are talking aboit is basically lifting the man-hole cover a bit higher to squeeze a bit more in - not draining the sewers.
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Re: South Cyprus heading for Greek financial Crisis

Postby kurupetos » Sun Jul 24, 2011 7:12 pm

dinos wrote:
Viewpoint wrote:The ho so brilliant Gc south is on the verge of an economic crisis which I predicted.


You predicted an economic collapse due to exposure to Greek debt. You were then, and remain, WRONG. You can't reasonably claim to be correct when the basis for your argument did not work out for you.

An Englishman once said: "We are all Greeks. Our laws, our literature, our religion, our arts have their root in Greece."
I hope he was wrong. :lol:
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Re: South Cyprus heading for Greek financial Crisis

Postby Cap » Sun Jul 24, 2011 7:17 pm

kurupetos wrote:
dinos wrote:
Viewpoint wrote:The ho so brilliant Gc south is on the verge of an economic crisis which I predicted.


You predicted an economic collapse due to exposure to Greek debt. You were then, and remain, WRONG. You can't reasonably claim to be correct when the basis for your argument did not work out for you.

An Englishman once said: "We are all Greeks. Our laws, our literature, our religion, our arts have their root in Greece."
I hope he was wrong. :lol:


In a way he was correct. ANCIENT Greece.
Modern Greece does not figure in the equation.
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Re: South Cyprus heading for Greek financial Crisis

Postby Cap » Sun Jul 24, 2011 7:18 pm

dinos wrote:
Viewpoint wrote:The ho so brilliant Gc south is on the verge of an economic crisis which I predicted.


You predicted an economic collapse due to exposure to Greek debt. You were then, and remain, WRONG. You can't reasonably claim to be correct when the basis for your argument did not work out for you.


Not predicting Dino, hoping.

But no matter what happens. this island will prove to be the most difficult obstacle in Anatolian history.
We aint going anywhere, we're just getting started....
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Re: South Cyprus heading for Greek financial Crisis

Postby Viewpoint » Sun Jul 24, 2011 8:03 pm

So are we the TCs for the long haul.
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Re: South Cyprus heading for Greek financial Crisis

Postby Cap » Sun Jul 24, 2011 8:39 pm

Viewpoint wrote:So are we the TCs for the long haul.


Good, maybe we can join forces.
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Re: South Cyprus heading for Greek financial Crisis

Postby Viewpoint » Sun Jul 24, 2011 10:41 pm

Cap wrote:
Viewpoint wrote:So are we the TCs for the long haul.


Good, maybe we can join forces.


After 51 years and a hell of a lot of water under the bridge I think you know the answer to that.
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