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Road to a Grecian turn?

Road to a Grecian turn?

Old Feb 11th 2017, 12:07 pm
  #1186  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Great. I always make a point of it, so something we can agree on
I agree with quite a lot of what you say
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Old Feb 11th 2017, 12:16 pm
  #1187  
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Default Re: Road to a Grecian turn?

So do I.

Here, have one on me
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Old Feb 11th 2017, 12:48 pm
  #1188  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
So do I.

Here, have one on me
I'd hope you agree with what you say
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Old Feb 11th 2017, 12:51 pm
  #1189  
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Default Re: Road to a Grecian turn?

There you go, you see? You can understand my logic.

Fancy another?
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Old Feb 11th 2017, 1:05 pm
  #1190  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
There you go, you see? You can understand my logic.

Fancy another?
yes off to watch the rugby - coming?
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Old Feb 11th 2017, 1:35 pm
  #1191  
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Default Re: Road to a Grecian turn?

Love to. One of the few things I miss about living here, not being able to get live 6 nations rugby
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Old Feb 11th 2017, 1:48 pm
  #1192  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Love to. One of the few things I miss about living here, not being able to get live 6 nations rugby
See my posts on this thread, Eric - http://britishexpats.com/forum/spain.../#post12177096
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Old Feb 11th 2017, 5:01 pm
  #1193  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Defaulting on the debts wouldn't make them go away - they'd still exist and they'd still be denominated in euros. There's also the matter of a large chunk of Greek state assets having been put into a trust fund as part of the current bailout to guard against such an event.

I also read somewhere that the idea Schäuble floated of Greece taking a break from the euro wasn't at all as generous as it might sound on the surface
All I would say is that the Greeks follow the economic advise from the ECB, European Commission and the IMF and does get any of its debts written down. May be by not paying back its debts will bring all parties to the table to have a discussion on debt relief. It is a very risky strategy and should not be use until the very end.
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Old Feb 11th 2017, 9:46 pm
  #1194  
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Default Re: Road to a Grecian turn?

Well done Mark Clattenburg. We all make mistakes; 'fess up, apologise and move on. Shows strength not weakness.

saw this on twitter and thought it was relevant.........
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Old Feb 12th 2017, 4:07 am
  #1195  
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Defaulting on the debts wouldn't make them go away - they'd still exist and they'd still be denominated in euros. ....
Tell that to the holders of pre-revolution Russian government, bonds!
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Old Feb 12th 2017, 8:30 am
  #1196  
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Default Re: Road to a Grecian turn?

Originally Posted by InVinoVeritas View Post
See my posts on this thread, Eric - http://britishexpats.com/forum/spain.../#post12177096
Thanks a lot Vino - I've bookmarked that and it'll be very useful when I finally get around to it (provided the Keeper of the Royal Purse approves, of course ).
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Old Feb 12th 2017, 8:31 am
  #1197  
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Default Re: Road to a Grecian turn?

Originally Posted by Pulaski View Post
Tell that to the holders of pre-revolution Russian government, bonds!
Were those bonds issued under English law?
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Old Feb 12th 2017, 10:28 am
  #1198  
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Default Re: Road to a Grecian turn?

Originally Posted by Pulaski View Post
Tell that to the holders of pre-revolution Russian government, bonds!
If I remember correctly French holders of those bonds eventually got payments when Russia wished to re-enter bond markets.
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Old Feb 12th 2017, 12:20 pm
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Default Re: Road to a Grecian turn?

Originally Posted by Red Eric View Post
Were those bonds issued under English law?
I don't know, but I doubt it.
Originally Posted by morpeth View Post
If I remember correctly French holders of those bonds eventually got payments when Russia wished to re-enter bond markets.
I hadn't heard that, but a lot ended up as framed artwork to hang on the wall as they were otherwise thought to be worthless.

ETA: You are correct.

Last edited by Pulaski; Feb 12th 2017 at 12:34 pm.
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Old Feb 12th 2017, 12:26 pm
  #1200  
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Default Re: Road to a Grecian turn?

Originally Posted by Pulaski View Post
I don't know, but I doubt it.
Well, there you go then.
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