Would be interesting to know how much of that is pension funds.
― HIS BODY IS FAT BECAUSE HE HAVE BIG HEART (ShariVari), Friday, 5 August 2011 12:40 (1 year ago) Permalink
yeah it's mainly professionally invested funds, right?
― 10/11 of a dead jesus (darraghmac), Friday, 5 August 2011 14:23 (1 year ago) Permalink
is there any overlap between professionally invested funds and "hot money"? -
http://en.wikipedia.org/wiki/Hot_money
i was sincere in wanting to know the composition of these giant money flows
― Dark Noises from the Eurozone (Tracer Hand), Friday, 5 August 2011 16:09 (1 year ago) Permalink
out of my league, really
― 10/11 of a dead jesus (darraghmac), Friday, 5 August 2011 16:20 (1 year ago) Permalink
my vague understanding is that hot money flows in and out of countries are on the order of hundreds of billions of dollars every day
― Dark Noises from the Eurozone (Tracer Hand), Friday, 5 August 2011 16:29 (1 year ago) Permalink
Guys are we seriously not talking about this right now? If we are, I can't find the thread...
― Matt DC, Thursday, 3 November 2011 13:32 (1 year ago) Permalink
we are not afaik
Maybe there's an 'occupy athens' thread i'm missing tho
― blind pele (darraghmac), Thursday, 3 November 2011 13:34 (1 year ago) Permalink
is there a good outline of all the possible scenarios atp w/r/t greece staying/leaving in the eurozone?
― max, Thursday, 3 November 2011 14:09 (1 year ago) Permalink
scorchedearth.jpg
― blind pele (darraghmac), Thursday, 3 November 2011 14:10 (1 year ago) Permalink
kinda want greece to peace out of the 'zone b/c fuck germany
― max, Thursday, 3 November 2011 14:11 (1 year ago) Permalink
otm
Kinda want ireland to have a referendum on the debt issue
― blind pele (darraghmac), Thursday, 3 November 2011 14:13 (1 year ago) Permalink
we paid $1bn in matured unsecured bonds in a failed bank yesterday, for instance
Don't think i'd have voted for that
― blind pele (darraghmac), Thursday, 3 November 2011 14:15 (1 year ago) Permalink
― max, Thursday, 3 November 2011 15:11 (39 minutes ago) Bookmark
How so?
― Y Kant Lou Reed (Le Bateau Ivre), Thursday, 3 November 2011 14:52 (1 year ago) Permalink
Ha ha, Frum thinks germany's the villain
― Muammar for the road (Michael White), Thursday, 3 November 2011 14:59 (1 year ago) Permalink
my default poition is that anyone pushing for bank debt to be pushed into public balance sheets is the villain, tbh
― blind pele (darraghmac), Thursday, 3 November 2011 15:11 (1 year ago) Permalink
www.economist.com/node/21533445
Brief article about what a good little country we are
― blind pele (darraghmac), Thursday, 3 November 2011 15:19 (1 year ago) Permalink
*Tousles hair, hands over an apple*
― Matt DC, Thursday, 3 November 2011 15:35 (1 year ago) Permalink
yeah, something like that.
We're essentially trying to use deflation as a accelerant of growth. With exports at c.70% of gdp we'd better fuckin hope nobody else joins in.
― blind pele (darraghmac), Thursday, 3 November 2011 15:40 (1 year ago) Permalink
it is not really an issue readily reducible to a referendum question. Referendums by their nature tend to be fairly simple X or Y questions (more usually X or Not X, in Ireland's case), while running a country is a more complex business involving a large number of choices that cannot really be reduced to "pay the debt or not pay the debt".
― The New Dirty Vicar, Thursday, 3 November 2011 17:28 (1 year ago) Permalink
Shit just real, etc.Financial crisis forces Berlusconi to delay release of latest love song CD
― Ned Trifle X, Thursday, 3 November 2011 18:18 (1 year ago) Permalink
xp depends on what you're labelling as 'debt' dv
― blind pele (darraghmac), Thursday, 3 November 2011 19:15 (1 year ago) Permalink
bye bye berlusconi!
― max, Saturday, 12 November 2011 21:16 (1 year ago) Permalink
Could use a mod edit to include 2012...or a new thread, whatever.
bye bye Greece? junior partner in the coalition saying he can't vote for more pain, govt could fall this w/e?
At the moment the vote wouldn't collapse, but seeing a lot of postponed meetings etc. Main thing is the Greek coalition still needs to find ~ 300m Euros worth of savings meaning even deeper austerity.
Wdn't surprise if this flirtation with technocracy turned into autocracy quite quickly.
― xyzzzz__, Friday, 10 February 2012 13:36 (1 year ago) Permalink
i think france is like, can we please do this after the election?
― TracerHandVEVO (Tracer Hand), Friday, 10 February 2012 13:37 (1 year ago) Permalink
it's funny how the rhine has pretty much held onto its status as the fulcrum of european power
― TracerHandVEVO (Tracer Hand), Friday, 10 February 2012 13:41 (1 year ago) Permalink
Hollande might have his work done for him by the election. Greece could leave next month, leading to contagion...
― xyzzzz__, Friday, 10 February 2012 13:42 (1 year ago) Permalink
Athens is burning tonight, parliament is about to vote about the reform plans.
― Flag post? I hardly knew her! (Le Bateau Ivre), Sunday, 12 February 2012 22:26 (1 year ago) Permalink
http://www.bbc.co.uk/news/world-europe-17081933
^report on Greek collapse
― xyzzzz__, Sunday, 19 February 2012 22:28 (1 year ago) Permalink
http://www.imf.org/external/np/adm/rec/policy/pension.htm#1
"Lifetime pensions are payable starting at age 50 with a minimum of three years of service."
― TracerHandVEVO (Tracer Hand), Wednesday, 7 March 2012 09:33 (1 year ago) Permalink
So, Greece then. Can the left put together a government?
2.30pm: Here's a breakdown of Alexis Tsipras's conditions for forming a new government with either of the two 'mainstream' Greek parties (via Ekathimerini)1) The immediate cancellation of all impending measures that will impoverish Greeks further, such as cuts to pensions and salaries.2) The immediate cancellation of all impending measures that undermine fundamental workers' rights, such as the abolition of collective labor agreements.3) The immediate abolition of a law granting MPs immunity from prosecution, reform of the electoral law and a general overhaul of the political system. According to Keep Talking Greece, that would include abolishing the 50-seat bonus for the party which wins the most seats.4) An investigation into Greek banks, and the immediate publication of the audit performed on the Greek banking sector by BlackRock.5) The setting up of an international auditing committee to investigate the causes of Greece's public deficit, with a moratorium on all debt servicing until the findings of the audit are published.That adds up to a resounding rejection of Greece's current financial programme.
1) The immediate cancellation of all impending measures that will impoverish Greeks further, such as cuts to pensions and salaries.
2) The immediate cancellation of all impending measures that undermine fundamental workers' rights, such as the abolition of collective labor agreements.
3) The immediate abolition of a law granting MPs immunity from prosecution, reform of the electoral law and a general overhaul of the political system. According to Keep Talking Greece, that would include abolishing the 50-seat bonus for the party which wins the most seats.
4) An investigation into Greek banks, and the immediate publication of the audit performed on the Greek banking sector by BlackRock.
5) The setting up of an international auditing committee to investigate the causes of Greece's public deficit, with a moratorium on all debt servicing until the findings of the audit are published.
That adds up to a resounding rejection of Greece's current financial programme.
― NSFW Australia (seandalai), Tuesday, 8 May 2012 14:30 (1 year ago) Permalink
I can't see how they don't default and leave the Eurozone.
― L'ennui, cette maladie de tous les (Michael White), Tuesday, 8 May 2012 14:41 (1 year ago) Permalink
FTT introduced across 16 states. Landmark?
― standard disclaimer applies (darraghmac), Tuesday, 22 January 2013 15:16 (4 months ago) Permalink
Wow!
― Canaille help you (Michael White), Tuesday, 22 January 2013 16:28 (4 months ago) Permalink
osborne's always say the UK would do it "if everyone else would".... time to put your money where your mouth is george
― TracerHandVEVO (Tracer Hand), Tuesday, 22 January 2013 16:33 (4 months ago) Permalink
Irony of ironies, ireland opt out ffs
I imagine our position as tax refuge of the eu had a bearing on that call, but i mean
― standard disclaimer applies (darraghmac), Tuesday, 22 January 2013 16:44 (4 months ago) Permalink