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Greek referendum 5th July 2015; Which way will the people vote?
Topic Started: 1 Jul 2015, 11:00 PM (3,854 Views)
Rastus2
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newjez
6 Jul 2015, 06:42 AM
When do we start buying?
Hmm.. i did not expect this, but then for some reason germany stopped the fear campaign with an odd announcement from them
http://www.theguardian.com/world/2015/jul/04/greek-referendum-germany-no-vote

I wonder why germany blinked.

This must have given a surge to the no vote.


As for when to buy... hmm.. not yet is all I can say.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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DragonGM
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If Europe still wants to negotiate after this, then I would wager that Europe (more so than Greece), has been swimming naked the whole time.
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Rastus2
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DragonGM
6 Jul 2015, 08:25 AM
If Europe still wants to negotiate after this, then I would wager that Europe (more so than Greece), has been swimming naked the whole time.

I was really shocked to see the story about Schäuble offering an olive branch before the vote...

With the vote so close, why would he bolster the No vote like that ? odd....





Quote:
 

In a surprise development on the eve of polling, the German finance minister, Wolfgang Schäuble, until even more hardline towards Greece than his chancellor, Angela Merkel, adopted a more conciliatory tone.

Having previously insisted that a no vote would see the country forced out of the euro, he told the Bild newspaper that the choice was between holding on to the euro and being “temporarily without it”. It was far from clear what Schäuble had in mind, but economists have mooted the notion of a period in which Greece might go back to its national currency, the drachma, while its economy recovered.

With pharmacists in Athens reporting that the government had rationed the distribution of drugs, and fears being raised of food shortages within weeks, the finance minister of Europe’s biggest economy said: “It is clear that we will not leave the [Greek] people in the lurch.” His last-minute intervention appeared to favour the no camp’s argument that the vote is not on membership of the euro.

Schäuble’s tone was strikingly at odds with that of his charismatic but controversial Greek counterpart, Yanis Varoufakis, who turned up the heat before the ballot by accusing Greece’s creditors of terrorism.


and

Quote:
 

France's ambassador to the US tweeted that his country would do its "utmost" to keep Greece in the EU and Eurozone, no matter what the result.

Germany's finance minister Wolfgang Schauble, who said on the weekend that a 'No' vote would mean Greece left the euro, clarified on Sunday that this might only be a temporary measure.

But Martin Schulz, head of the European parliament, told German radio that after a 'No' vote Greece would have to introduce a new currency to meet its financial needs, and at "that moment" would have left the Eurozone.
Edited by Rastus2, 6 Jul 2015, 08:43 AM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Jimbo
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Rastus2
6 Jul 2015, 08:41 AM
With the vote so close, why would he bolster the No vote like that ? odd....


It was never going to be close and it was always going to be a no vote landslide.

The Greeks had a simple choice. More of the same (austerity) or a radical change. When people are on their knees, radical change is an attractive choice.

Syriza were only recently voted in on an anti austerity platform. They are only doing what they promised to do.



Edited by Jimbo, 6 Jul 2015, 09:49 AM.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Black Panther
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Was always going to be OXI. Those who thought otherwise are just plain ignorant of Greece.

No doubt the Greeks will be punished be the enraged EU controllers, it will be a Greek Tragedy.

Expect the next 12 months to be filled with News bites of what happens to people who dont tow the International Western Banksters line. Watch the greeks suffer because they didn't vote YES.

However given the obvious hatred of Greeks from Western and Northern Europe, they are better off independent from the EU and possibly aligning themselves with like minded Christian Orthodox cultures.

Russia will definitely see an opportunity here. Eventually Greece will be better off and the West will not be any better off. In fact on the Geo Political front, the West will be worst off.
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Poontang
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Black Panther
6 Jul 2015, 09:59 AM
Was always going to be OXI. Those who thought otherwise are just plain ignorant of Greece.

They should have stood up when they were first in trouble. I firmly believe they should have told the EU to sod off and gone back to the Drachma. I said as much in the Should Greece return to the Drachma thread.

I felt they would vote yes for no other reason than fear of change. Fear of change is a strong trait many have.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Jimbo
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Black Panther
6 Jul 2015, 09:59 AM
Was always going to be OXI. Those who thought otherwise are just plain ignorant of Greece.
But you didn't state anything on this thread until after the vote was completed and the result was known?

Strange!!
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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newjez
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Jimbo
7 Jul 2015, 06:43 AM
But you didn't state anything on this thread until after the vote was completed and the result was known?

Strange!!
Have to admit I never thought they would have the courage.

Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Gossamer
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44th most prolific poster on APF

I am glad the vote was no as it gives hope to all weaker EU member states.
Common sense is a curse - those who have it need to suffer dealing with those who don't have it.

APF idiot list
Nelson
Black Panther
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Rastus2
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Jimbo
6 Jul 2015, 09:48 AM


It was never going to be close and it was always going to be a no vote landslide.

The Greeks had a simple choice. More of the same (austerity) or a radical change. When people are on their knees, radical change is an attractive choice.

Syriza were only recently voted in on an anti austerity platform. They are only doing what they promised to do.


I disagree, it all came down to spin.

Many voters were indeed, on the fence between anger and fear.

There was a legal challenge as to if a referendum could even be run.

There was a LOT of fear injected to the debate by the EU who sought to push the greeks towards a yes vote.

At the end of the day, if the vote was seen as locking Greece out of the Euro, a Yes vote was always possible to get up.

As it turned out, Germany blinked and softened it's hard line rhetoric 24 hours prior to the vote... that pushed things.


Indeed, Syriza were only recently voted in ... they did not cross the line without help so their mandate is fresh, but unclear... thus their desire to clarify... I think they got that.

Hellenic Parliament
149 / 300
European Parliament
6 / 21
Regional Governors
2 / 13
Edited by Rastus2, 7 Jul 2015, 03:00 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
Profile "REPLY WITH QUOTE" Go to top
 
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