There may be trouble ahead...

[apc2010]

So essentially the bailout deal boils down to

A. An economy that will shrink rapidly and painfully as there is no credit to be had. Leading to people moving their cash out as fast as they are able to with the current restrictions.

B. An economy whose main industry is being destroyed.

How the hell are things supposed to get better?

Zactly......

[Nick]

Wait for the domino effect.

Tell Foggy to pack her socks. I have a spare bed    Sort of 

[Misty]

Wait for the domino effect.

Tell Foggy to pack her socks. I have a spare bed    Sort of 

  Fluffy socks are ready. I don't need a spare bed. 

[Nick]

I have a half one   Can you repair boilers? 

[Misty]

I have a half one   Can you repair boilers? 

No, but I can keep you warm. 

[Nick]

 

If my evil plan ( )  works out soon I shall have a constant supply of Stella 

[Misty]

If my evil plan ( )  works out soon I shall have a constant supply of Stella 

Me and my socks are on our way. 

[Nick]

Note to self: buy Vaseline 

[apc2010]

This is the commons.....

[Nick]

 

[Steve]

So is this haircut 40% of all the account if it's over €100k or 40% of the amount that it exceeds €100k?

[Nick]

I wondered that    The robbers should be clear about the terms of their robbery

[apc2010]

Of the amount over 100k .......the 100k is safe ........but might be more % in the Laiki bank .......annoucement tonight at 7pm local time...

[Steve]

Yep just seen the Eurogroup statement which says says same

The Eurogroup welcomes the plans for restructuring the financial sector as specified in the annex. These measures will form the basis for restoring the viability of the financial sector. In particular, they safeguard all deposits below EUR 100.000 in accordance with EU principles.

I wonder who they think was robbed? €10b eh, bit eye watering

[apc2010]

The truth is no-one knows feck all ....no real details have been released ,,,,the same as last week .......this just makes matters worse ........