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Re: bbotcs post# 33720

Tuesday, 09/20/2011 12:08:36 PM

Tuesday, September 20, 2011 12:08:36 PM

Post# of 33753
not will but when and what will they call it.

German voters have had it. They don't want to support spoiled Greek public servants and citizens who don't pay taxes. Even if she wants to, I don't think Germany can come to the rescue too many more times. They are just trying to delay things until the world economy comes back but I think with all the money printing, that could take awhile. Took many years for the credit bubble to inflate and with all the government intervention, it will take years for it to deflate. In the meantime, there won't be any economic revolution to spike tax revs and get the Greeks back on solid footing. Their main revs come from tourism. Unless they convince the Chinese that they should come to Greece and visit the birthplace of Western democracies, they are not going to get more tourists in this economic climate.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

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