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Macdon commented May 30, 2012Europe is in so much trouble that failing the breakup of the euro and countries using their own currency to devalue it and trade their way out of trouble, the euro must suffer devaluation to something like USD0.70. This time the euro must be set to ...
EU throws Spain two potential lifelines
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Macdon commented May 28, 2012All these attacks are verbal in nature, but the pen is mightier than the sword. The MSM has for years now told us Greeks are lazy, no-good tax dodgers, but the reality is they work the 2nd longest hours next to South Korea in the OECD and the common ...
Why Greece Is Not Leaving The Euro Regardless Of The Outcome Of The Vote
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Macdon commented May 27, 2012First of all, how does an employee avoid tax? Doesnt it get taken out every payday? Secondly, do not for one second tell me self-employed workers/businesspeople do not dodge tax in other countries. In Australia, our richest man, the late Kerry ...
Greeks riled by Lagarde's 'tax-dodging' comments
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Macdon commented May 23, 2012As usual, more propaganda or ignorant comments about Greece. Just look at the USA and UK’s public sector workers ratio. url Greece's bloated public sector employs the same share of the workforce -- 14.1% -- as America's. Some US states are much ...
Remarks by Van Rompuy following informal dinner of EU Council members
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Macdon commented May 23, 2012Rubbish! According to wikipedia - 6 of Australia's major trading partners had been in recession which in turn affected Australia, and economic growth was hampered significantly over recent years. Once they come out of recession we’ll see, according ...
AUD/USD Enters a Support Area Between 0.9660 and 0.97
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Macdon commented May 15, 2012To all the critics of the Greece and especially it’s people, wake up! It’s the Neocolonial Private Power Domination Model, stupid! Or do you think it’s just bad luck, bad judgment and coincidence that countries – Greece, Argentina, Spain, Italy, ...
Conservative Greek Leader: No deal on government - EURUSD sliding
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Macdon commented May 13, 2012HA!!! If the Greeks not arresting the embezzlers they voted for makes all Greeks embezzlers then the Americans not arresting the mass murdering embezzlers they voted for makes all Americans murderous embezzlers. USA owes more than Greece per capita, ...
Greece's EUR Exit Will Cost Euro-zone Countries €276 Billion
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Macdon commented May 10, 2012Yes, slavery, but isn’t this bloke a communist? Letting a communist into power is like letting thieving mass murderer into your house. The right wing parties have the same idea, but righties are less murderous than lefties and they steal less too.
Greek Democratic Left Leader Has Proposal For A Government
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Macdon commented May 8, 2012Greeks work the 2nd longest hours in the OECD next to South Korea. So don't write on something you know absolutely nothing about. Just put your money on the line and trade if you're so knowledgeable. Greece should do exactly what Iceland did, give ...
Greek Left Coalition Leaders Says Bailout Accord "Null And Void"
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Macdon commented Mar 7, 2012Wake up mate! All THE WORLD is in debt. Let's take a look at UK - its economy is 78% services, most of them financial!, while only 22% is industry - has a public debt of 79,5% of GDP, which equals of $1.9 TRILLION USD. In this time, UK is 3rd ...
Greek default may be gift to other euro strugglers
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Macdon commented Feb 22, 2012Wake up people! All THE WORLD is in debt. Let's take a look at UK - its economy is 78% services, most of them financial!, while only 22% is industry - has a public debt of 79,5% of GDP, which equals of $1.9 TRILLION USD. In this time, UK is 3rd ...
Fitch downgrades Greece to 'C' from 'CCC'
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Macdon commented Feb 13, 2012Do any of these US agencies hold any clout today? They were there ones that rated AAA+ some investment schemes that went belly-up and they are rating their financial enemy, the EU down. Who gives a toss at what they say?
Moody's adjusts ratings of 9 European sovereigns to capture downside risks
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Macdon commented Feb 11, 2012Read Confessions of an Economic Hitman url Most western nations are in debt. The USA is right up their, you just keep printing more money, That’s why my AUD buys $1.08USD. Years ago it would normally buy 60-70 cents. The Illuminist banksters have ...
Greek police union wants to arrest EU/IMF officials
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Macdon commented Feb 11, 2012Bring it on Greece. Arrest all those criminal EU commisars, bansksters and your own government who are Illumanists and brought you down this EU path of destruction.
Greek police union wants to arrest EU/IMF officials
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Macdon commented Jan 22, 2012Greece needs to get out of the Eurozone as does every country that's in it. Every country in the Eurozone is in a danger they never were in before that communist entity emerged from the quagmire. Greece has the world’s largest merchant marine and ...
Euro wobbles on Greek setback; subdued in holiday trade
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Macdon replied Sep 27, 2011I was using CMSFX until they shunted my cash and account to forex.com As I heard some negative stories about them, I took my cash out and they closed my account due to inactivity. I am now considering using Dukascopy or perhaps Interbank FX or FXCM. ...
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Macdon commented Sep 23, 2011The truth is countries other than Greece owe money and lots of it and some with a greater percentage of GDP. Countries like USA, UK, Germany, France, Italy, Ireland, Spain, Portugal and Japan. The list is not exhaustive. Greece needs to default, get ...
Greece finance ministry: rumours are distracting Greece from main goal
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Macdon commented Sep 14, 2011The euro’s interest rates were set to suit Germany and France. Now that Greece is suffering, the euro must devalue to suit Greece’s needs. It was USD0.9 when it started, maybe it’s time for it to go to USD0.45? That would suit PIIGS countries and ...
What happens after a Greek default
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Macdon commented Sep 1, 2011This is a worthless unknown blog that indeed hardly mentions Greece. It used Greece as a headline much like the MSM shills do to get some readers. Worthless information at least the Greeks are trying and not defaulting, like Iceland, which is a ...
Greece Fails To Meet Its Targets – Yet Again And Again And…
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Macdon commented Aug 29, 2011Greece needs to default to have the whole towering edifice come crumbling down on EUSSR heads including Finland. They'll be better off. So what if French and German (and Finnish?) banks take a hit? They took a risk, probably, no actually encouraged, ...
Finland’s Demand for Collateral Shows Little Faith in Greece