Australia's largest stock trading and investment forum Australia's #1 stock forum

Greeks vote NO, page-4

First 4 Last

Share
Profile

Follow
dan1

18,603 Posts.

30

06/07/15

06:27

Post #: 15584427
Share

Originally posted by grandcaruso ↑

Tourism has already dropped off with the capital controls. Maybe the tourists will have to barter like the locals for food and accommodation.

Like normal I don't think the Greeks have thought this out well. They will survive but the next 5 years will be hell if they end up defaulting and leaving the EZ. An extremely competent government would struggle to recapitalise the banks and bring back a currency that hasn't been used for over a decade. This government has no chance at getting it anywhere near right. Wait for them to raid the savings and pension funds first. Then tax anything that has a pulse. See how popular they are after all that.

German futures down close to 4%, FTSE 2%. Could be a very interesting week.

Expand

' German futures down close to 4%, FTSE 2%. Could be a very interesting week.'

Chinese investigation into short selling and market manipulation will also add to that interest
8 Upvote

Reply

Top Stories

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

RCE

Recce's R327 found effective against E.coli during clinical trial

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

There are more pages in this discussion • 89 more messages in this thread...

First 4 Last

SPONSORED BY