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Macdon commented Jun 25, 2015It can be quite profitable for a commoner to become a lord. I expect to be knighted some day. I hope she likes my Celtic surname. LOL!
Scotland is refusing to give the Queen any more money
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Macdon commented Jun 25, 2015Her Majesty's a pretty nice girl But she doesn't have a lot to say Her Majesty's a pretty nice girl But she changes from day to day I want to tell her that I love her a lot But I gotta get a bellyful of wine Her Majesty's a pretty nice girl Someday ...
Queen gets a lift from British real estate boom
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Macdon commented Jun 24, 2015I've been researching this a bit and you don't want Greece or any of the the debt ridden nations to fail or else the whole corrupt financial edifice will come tumbling down upon all our heads. That's 1. Number 2 is that there very well maybe certain ...
Odds of a Greek deal are suddenly falling
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Macdon commented Jun 24, 2015Error right in the preamble - "the country's first default occurred way back in the fourth century B.C.". There was no Greece as we know it at that time (no Germany nor Italy nor Greece until the 19th century). It was a collection of city states of ...
13 mind-blowing facts about Greece's economy
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Macdon commented Jun 24, 2015You're from Vietnam. Mind your own business. Greece defaulting will result in catastrophe even for Vietnam. I just posted a long piece on what it really means here on post #3 url
What Greece Means For EUR/USD - Goldman Sachs
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Macdon commented Jun 24, 2015The French have a point, but the Americans have a point too - they are scared. Ned Price, a spokesman for the U.S. National Security Council, which advises the White House on its foreign policy. “We do not conduct any foreign intelligence ...
France Demands U.S. Stop Spying After Greece Talks Tapped
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Macdon commented Jun 23, 2015My calculations tell me that the Greek govt. took 22.5% of GDP in taxes which with an approximately a $300 billion GDP. All this before the incompetently destructive policies of the troika reduced GDP to $200 billion, equated to $67.5 billion in tax ...
Greece debt crisis: the offer from Athens in detail
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Macdon commented Jun 19, 2015The historical mean (average) for the AUDUSD is 0.8500. I see no reason for it to go to < 0.7000. Our economy is chugging along nicely. It's the rest of the world which is the worry. Most of them are mired in colossal debt.
AUD/USD fails again at the breakout as US dollar starts to recover
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Macdon commented Jun 17, 2015I would tell this troika to go and get f....d. Cut defence spending but of course it means you cut buying products of death and destruction from once again, the French and the Germans. They are truly out to destroy Greece and I think it's a test ...
The Endgame in Greece
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Macdon commented Jun 16, 2015duh you no pay. bank tell you do reforms. you do reforms. you lose much more than 30% of ability to pay. bank go to hell. new bank reforms go to hell too.
Greece's Exit From Eurozone Could Happen Sooner Than You Think
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Macdon commented Jun 16, 2015Normally I’m a right wing kind of guy, but it looks like the lefties in Greece are telling the unelected and may I say, highly corrupt, unaccountable and grossly incompetent Brussels Bureaucrats, a thing or two. They'll be seething and frothing. How ...
Tsipras Slams "Criminal" IMF In Defiant Speech
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Macdon commented Jun 15, 2015It's not just 0Hedge. From what I've read over the years, it appears to be the case although I don't know where they get $75 trillion from but that is indeed scary.
Euro countries decide Greece emergency plan
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Macdon commented Jun 15, 2015Why should Greece get any money? Why does Netherlands get money? They owe plenty just like USA, UK and notably Japan. Greece was economically hit by Goldman Sachs who were privy to their finances (Insider trading is it not? A crime is it not?) and ...
Greece Enters Fateful Week After Brussels Talks End Fruitlessly
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Macdon commented Jun 15, 2015Yeah, I think so too. The Elephant In The Room: Deutsche Bank's $75 Trillion In Derivatives Is 20 Times Greater Than German GDP url This epic derivative exposure is the primary reason why Germany, theatrically kicking and screaming for the past ...
Greece has four days to get real
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Macdon commented Jun 15, 2015This isn’t about Greece so much as it is about French and German banks and in particular Deutsche Bank. What these blighters have done even scares me. I’m not in the mood for recriminations today, but probably will be tomorrow! url June 5: Greece ...
Euro countries decide Greece emergency plan
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Macdon commented Jun 15, 2015Don't worry Deutsche Bank has $75 trillion worth of derivatives ready to explode.
Bundesbank: If euro appreciates strongly, downside risks for economy would result
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Macdon commented Jun 15, 2015Are Cease and desist with the propaganda. The German taxpayers as well as those of Greece and other EU states are paying for the folly of mainly French and German banks. Out of the hundreds of billions of dollars in loans only about $27 billion went ...
Greece Enters Fateful Week After Brussels Talks End Fruitlessly
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Macdon commented Jun 14, 2015They didn’t inherit Germany’s credit ratings. They, and others in trouble, inherited the total abrogation of their sovereign rights to control their currency and therefore their interest rates which would have tempered the borrowing to a significant ...
What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis
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Macdon commented Jun 14, 2015Not bollocks at all! Greenstar is on the money. The sooner the EU/EZ implodes, the better will be their subject peoples. These unelected commissars are milking the European peoples for everything they've got. They've piled up all the debt on EU ...
The eurozone was a dream of unity. Now Europe has turned upon itself
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Macdon commented Jun 14, 2015Hello Dr. Elisabeth. Here's what someone from the British press writes. The International Monetary Fund is in very serious trouble. Events have reached a point in Greece where the Fund's own credibility and long-term survival are at stake. The ...
What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis