Quote from: ajareselde on February 19, 2015, 06:46:39 PM

Quote from: billyjoeallen on February 19, 2015, 01:54:46 PM

What is amazing is that there is a river of money flowing out of Greek banks even now as we speak, and those banks would already be shutdown without the use of emergency liquidity funding from Europe.

This is insane from Europe's point of view: It gives Greece extra leverage in the game of chicken they are both playing. It''s just more money Greece will default on without a resolution on their terms.

Money is getting pullet out of Greece thats for sure, but its just a matter of time when that will stop, and the pumping that they get from EU will come to an end, they're not as dumb as they look to keep feeding the dying chicken. Greece showed with their last elections that they cant handle responsability for their actions and spendings, and its time to cut them off and let them handle their fiasco themselves.

cheers

Don't be too sure about Europe getting tired of feeding a dying chicken. Europe and the IMF seem to have unlimited supplies of loans for the Ukraine. That country is a complete lost cause, with civil war and Nazi death squads everywhere. Europe is still happy to loan them money?