Any predictions for Greece?

[TJDave]

Originally Posted by elysiantraveller

The Russian example isn't terribly unique as its it's been going on for decades and when they come over we send these guys up to say hello to them.

I was under the mistaken impression that it was off the Aleutians . Turns out this latest incursion was off the California coast. Ballsy, to say the least.

[Hoofless_Wonder]

Looks like Tspiras tried to roll out the drachma, but got nixed on the funding from Putin:

http://greece.greekreporter.com/2015...rint-drachmas/

I don't have a clue how reliable the "GreekReporter" site is, but it explains the sudden capitulation.

And, speaking of the Russians, here's an interesting take on some things to look for as a "revolution" may unfold in Greece, with a historical perspective from the Reds:

http://cluborlov.blogspot.com/2015/0...evolution.html

[classhandicapper]

Originally Posted by Hoofless_Wonder

Looks like Tspiras tried to roll out the drachma, but got nixed on the funding from Putin:

http://greece.greekreporter.com/2015...rint-drachmas/

I don't have a clue how reliable the "GreekReporter" site is, but it explains the sudden capitulation.

And, speaking of the Russians, here's an interesting take on some things to look for as a "revolution" may unfold in Greece, with a historical perspective from the Reds:

http://cluborlov.blogspot.com/2015/0...evolution.html

If Russia wasn't having it's own short term problems it might have made a difference.

[Hoofless_Wonder]

The new bailout is every bit as bad as it could be - Greece truly is a debt colony now...


http://globaleconomicanalysis.blogsp...iament-is.html

The Greek government will have its hands bound on everything from overall budget planning to drug pricing, tourist rentals, farmers’ fuel tax breaks and the finer points of personal bankruptcy.
Greece must eliminate recent cross-border withholding taxes.
Overhaul the tax administration.
Progressively raising the pension age to 67.
Cut pharmaceuticals prices.
Reverse recent protective labour laws.
Open up a range of sectors to fuller competition.
Liberalize energy supplies for consumers by 2018.
Commit to a broad range of fiscal, financial, regulatory and pensions reforms.
A task force will decide how to setup a €50bn privatization fund, with specific demands coming out in December.
Greece must go from a primary account deficit of of 0.25 percent this year to surpluses of 0.5 per cent next year, 1.75 percent in 2017 and 3.5 percent in 2018 and beyond.