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Search: Posts Made By: bobwest
Forum: Traders Hideout May 21st, 2016, 10:22 AM
Replies: 121
Views: 47,909
Posted By bobwest
Then, more kicking down the road. :becky: ...

Then, more kicking down the road. :becky:

Bob.
Forum: Traders Hideout May 21st, 2016, 09:57 AM
Replies: 121
Views: 47,909
Posted By bobwest
I think the politicians' method here is to simply...

I think the politicians' method here is to simply wait long enough, and then they can just pretend it all went away. After all, there hasn't been much or any public discussion about it for a long...
Forum: Traders Hideout August 27th, 2015, 11:51 AM
Replies: 121
Views: 47,909
Posted By bobwest
This is a good analysis, but I think it is past...

This is a good analysis, but I think it is past the time when it would have been workable as a solution, in this sense:

- Greece, in my opinion, is not going to repay its debts.

- Now, if...
Forum: Traders Hideout August 20th, 2015, 02:18 PM
Replies: 121
Views: 47,909
Posted By bobwest
Here we go again???? :sarcastic: Greece...

Here we go again???? :sarcastic:

Greece crisis: PM Alexis Tsipras quits and calls early polls - BBC News (http://www.bbc.com/news/world-europe-34007859)

Bob.
Forum: Traders Hideout July 20th, 2015, 12:23 AM
Replies: 121
Views: 47,909
Posted By bobwest
Yanis Varoufakis and the Near-Grexit OK, I...

Yanis Varoufakis and the Near-Grexit

OK, I recognize that someone should stop me from posting more about Greece. It's just that it's interesting, and new developments come up all the time.

For...
Forum: Traders Hideout July 19th, 2015, 07:32 AM
Replies: 121
Views: 47,909
Posted By bobwest
Yeah, I think this is the question. They are...

Yeah, I think this is the question.

They are almost certainly going to face it, and face it outside of the Euro. At this point, that's probably their best choice.

However, it will be tough....
Forum: Traders Hideout July 18th, 2015, 05:54 PM
Replies: 121
Views: 47,909
Posted By bobwest
LOL. I clicked on the Generate button and...

LOL.

I clicked on the Generate button and got this:

https://nexusfi.com/attachment.php?attachmentid=187606


I didn't do a Retry, because this could become too much fun, and there the day...
Forum: Traders Hideout July 18th, 2015, 02:53 PM
Replies: 121
Views: 47,909
Posted By bobwest
By now, the whole Greece situation may have been...

By now, the whole Greece situation may have been beaten to death, but I did see this piece, which brings in some of the overall monetary context of the Euro itself.

Since the Greek government is...
Forum: Traders Hideout July 17th, 2015, 11:16 AM
Replies: 121
Views: 47,909
Posted By bobwest
Creditors take risks. We do not live in a...

Creditors take risks. We do not live in a risk-free world, and taking on risk -- and calculating it wisely -- is how they make their money. Sometimes they will need to write off a loan and move on. ...
Forum: Traders Hideout July 16th, 2015, 02:04 PM
Replies: 121
Views: 47,909
Posted By bobwest
Indeed, and I think you have made exactly the...

Indeed, and I think you have made exactly the right points. At the time of the negotiations, Greece apparently had not given any thought to returning to its own currency, and had made no preparations...
Forum: Traders Hideout July 16th, 2015, 11:40 AM
Replies: 121
Views: 47,909
Posted By bobwest
The ECB has announced it has increased emergency...

The ECB has announced it has increased emergency loans to 900 million Euros, "over one week," and suggested strongly that ELA will continue.

Meanwhile, there is important sentiment in Germany that...
Forum: Traders Hideout July 15th, 2015, 01:20 PM
Replies: 121
Views: 47,909
Posted By bobwest
I would say yes, it looks that way. And the...

I would say yes, it looks that way.

And the German parliament may have issues with the deal as well, although of an opposite nature.

It is probably too soon to regard anything as settled, quite...
Forum: Traders Hideout July 14th, 2015, 04:28 PM
Replies: 121
Views: 47,909
Posted By bobwest
Just saw something interesting about part of the...

Just saw something interesting about part of the deal, the sell-off of 50 billion Euros in public Greek assets.

It seems that this is doubtful. Asset sales were already tried under a previous...
Forum: Traders Hideout July 13th, 2015, 07:43 AM
Replies: 121
Views: 47,909
Posted By bobwest
Well put! Bob.

Well put!

Bob.
Forum: Traders Hideout July 13th, 2015, 07:39 AM
Replies: 121
Views: 47,909
Posted By bobwest
I think these are both right on target. You...

I think these are both right on target.

You can't think that the fundamental economics have changed: Greece still owes much more than it is going to be able to repay.

The additional austerity...
Forum: Traders Hideout July 9th, 2015, 10:24 AM
Replies: 121
Views: 47,909
Posted By bobwest
Excellent points here. It is not broadly...

Excellent points here.

It is not broadly understood that the money that has been lent to Greece in the various bailouts did not go to the Greeks so they could continue to live it up on other...
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