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

GOLD

Click for more information

0.51%

$1,391.7 gold futures

Grexit, page-105

First 105 Last

Share
Profile

Follow
AverageJoe

43,957 Posts.

1033

28/06/15

11:23

Post #: 15543189
Share

Originally posted by danhoff ↑

What I find amazing in all this, is that Greece is actually running a surplus (when you excluded debt interest). That was just an odd one liner in some article I read. So the US and not many countries at all run a govt surplus (excluding debt interest).

Poor Greece. They seem to have been singled out. Japan is 250% debt to GDP. No worries, mate.

USA is $17 Trill in debt and forward unfunded promises around $200 Trill AND run a huge deficit each year, before borrowing on top of deficit to pay interest on $17 Trill (at 1.3% only, interest). And no surplus is ever predicted into the future. And we have... no worries, mate.

Why dont we send Hockey on a study tour of Japan and the USA. He obviously has concerns for us, but reallly, it is... no worries, mate.

Expand

You do have a warp analytical skills comparing Greece to US/Japan. I suppose you'll be saying next Argentina should start loading up debt and default every decade? Well they are starting with new suckers from China n Russia but you don't mess with these people.
Upvote

0 Great analysis

Reply

Top Stories

BMO

Bastion sees echoes of its Gyttorp Cu and REE mineralisation at new Swedish tenements

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

There are more pages in this discussion • 376 more messages in this thread...

First 105 Last

Add GOLD (COMEX) to my watchlist

SPONSORED BY