Home Precious Metals

The Just Elected Greeks Want to Stay in the Euro - The EU Wants Greece in the Euro - Could the ECB..

MsMorrisineMsMorrisine Posts: 33,012 ✭✭✭✭✭
Here we go into another week of the same thing.

Stay in the Euro seems to be agreed upon.

The problem is how.

The Greeks want to keep their government jobs and pensions.

Reducing Government Spending just caused Greece to slow even more.


Then the President at the G8 says "growth."



How could they drum up enough growth for Greece and lessen their debt burden?




Could the ECB ....


do a QE and use the money to retire Greek debt and pay for Greek infrastructure programs ?



Are we looking at a EU-QE ???


(personally, at this point, I'm still in favor of Greece declaring bankruptcy and leaving the Eurozone. The ECB could do a lot better job saving Italy, Spain, et al. without Greece's """issues.""")
Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • CaptHenwayCaptHenway Posts: 32,115 ✭✭✭✭✭
    Greece staying can only drag the Euro down.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • cohodkcohodk Posts: 19,100 ✭✭✭✭✭


    << <i>Greece staying can only drag the Euro down. >>




    Which is great news for the German economy!!
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    Germany will soon realize that the first one out has the best chance of survival. Look for Germany to exit.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,100 ✭✭✭✭✭


    << <i>Germany will soon realize that the first one out has the best chance of survival. Look for Germany to exit. >>



    Not gonna happen in my lifetime. And I hope i'm only 1/2 dead.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

Sign In or Register to comment.