Well, it's happened: Greece is out of OPM

[Aloha_Shooter]

It's been a long time coming. I was in Greece 6 years ago today and a lot of Greeks I met complained about joining the EU and transitioning to the euro -- a lot of them apparently felt prices had tripled under the euro vs. the drachma and they personally hadn't gotten anything out of it. Then again, most of the Greeks I met were engaged in the private economy, not make-work government jobs.

[Gman]

Everyone needs to watch this closely. Most stuff over there comes over here.

Chinese stock markets dropped 30% in the past 3 weeks.

[Justin]

Greece gets cozy with Putin in 5...4...3...

[Mazin]

Chinese stock markets dropped 30% in the past 3 weeks.

Its because they no longer make up numbers "Supposedly".

[Bailey Guns]

Seems like I've been hearing about Greece and financial problems since I was a kid.

[Zundfolge]

Greece gets cozy with Putin in 5...4...3...

They already are. They went to Putin months ago threatening to leave the EU and join Russian Federation as a satellite state. http://www.euronews.com/2015/06/19/t...nts-on-greece/

Thing is the Russians aren't so sure they're worth the "investment".

[roberth]

Hat tip to Margaret Thatcher. The Greeks have run out of OPM.

Now Greece wants to borrow from Peter to pay Paul, in the end Greece will absolve itself from its debts leaving the ECB and Germany to eat the losses.

Now the the good part.

Other EU members will decide they don't have to pay their debts either. Then Greece and the others will ask for new loans to support their irresponsible social programs and scream bloody murder when they get turned down.

[Bailey Guns]

I just checked... My "give-a-fuck about Europe" is really running low.

[sellersm]

Rumors are flying that China may help Greece out of their mess!

http://sputniknews.com/asia/20150702...#ixzz3ekJRrQxn

[Singlestack]

Rumors are flying that China may help Greece out of their mess!

http://sputniknews.com/asia/20150702...#ixzz3ekJRrQxn

A friend of mine who works in Washington has been hearing over the past 3-4 weeks that some advisors in the administration are seriously floating the idea of the US bailing out Greece! Apparently to prevent Russia or China from gaining more influence in Greece. Man, I sure hope that isn't true. However, I can see Beeho and the globalists trying to shore up Greece to keep the EU/Euro afloat.