XSO 0.16% 2,997.6 s&p/asx small ordinaries

Dont you just love how the markets are giving the finger to...

  1. 1,311 Posts.
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    Dont you just love how the markets are giving the finger to greece. Despite the prospects of capital controls at any time and default the euro is powering, the dax up 350points off its low and US markets up 1% last night.

    The Greeks are only being asked to reform. What they get in return is virtually interest free loans for decades with an interest burden of 3% gdp. Naah, not good enough. Want free money (debt forgiveness) and no reform.
    Forget about putin. He doesnt want to pick a fight with the west and the prospect of a pipeline is not of great value. Russia cant afford to bail out greece anyway.

    Good to see the europeans closing ranks against the renegage greeks. Will keep populists at bay in other countries. Better for europe in the long run.

    I cant tell if tpsiras is a grinning idiot or a cool headed thinker.
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