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billv commented Jun 27, 2015They won't pay so they will be in arrears.
Greece’s Tsipras Calls July 5 Referendum on Bailout Demands
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billv commented Jun 26, 2015The Greeks have just announced a referendum to be held on the 5th of July so a gap Monday is on the cards. I think they will probably vote NO because the Greek population are sick of cuts ( there is no more meat left on that bone) and a rejection of ...
Some say back to the drachma for a Greek reboot
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billv replied Jun 21, 2015Well, since it hasn't worked for you so far then it isn't a winning formula so you'll need to work on it. Analyzing your trades and seeing how you could have avoided some losers and how you could have let some winners run for longer would help too. ...
I have decided that forex is a losing game - moving to stocks
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billv replied Jun 20, 2015Justin If your strategy involves breakouts you'll need to work on it harder and to pick the right day and time to trade or you will need to have an alternative strategy for ranging days. I'd concentrate on pairs that have a good daily range and ...
I have decided that forex is a losing game - moving to stocks
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billv replied Jun 20, 2015Justin All markets are manipulated, you just have to try and avoid those times. Ok have a break from it and don't trade big again until you have been consistently profitable for a year. I feel that perhaps you haven't given it enough time and didn't ...
I have decided that forex is a losing game - moving to stocks
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billv commented Jun 20, 2015I'll have to agree that they have not impressed anyone, they are not leadership material. They have done so much damage to the Greek economy themselves with the way they talk and they have no friends. In a few months they have created more enemies ...
In or Out? Greeks Should Vote on Euro
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billv commented Jun 17, 2015How about if they were in arrears for a very long time? You'll have to agree that the debt is unsustainable in its current form. btw, Thanks for the interviews
The Endgame in Greece
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billv commented Jun 17, 2015I believe that they will be unable to keep up with the IMF and ECB payments and will be in arrears but IMO at the same time they should present a recovery plan which will show how their current debt will be repaid, and they should pass through the ...
The Endgame in Greece
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billv commented Jun 17, 2015Yes I have many friends there and I get regular updates. In addition to this, we're holidaying there nearly every year so we see the situation first hand.
The Endgame in Greece
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billv commented Jun 16, 2015Also, the pensions are not high by living standards, plus the old man or woman getting a pension is also supporting the families of his kids who are unemployed or underemployed and can't afford to pay their rent. This is part of life now in Greece ...
The Endgame in Greece
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billv commented Jun 16, 2015The IMF admitted they've stuffed up url
Greece on 'brink of disaster;' calls emergency meeting
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billv commented Jun 16, 2015No other country has suffered as much as Greece by an IMF program. The IMF admitted they've made a mistake. url
Greece defiant, accused of 'breaking all the rules'
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billv commented Jun 16, 2015The Anger of the French/German dominated EU administration is understandable because they don't like to be told by a small country that their program was a failure. Non elected bureaucrats are not accountable for their actions. When they make wrong ...
Greece defiant, accused of 'breaking all the rules'
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billv commented Jun 14, 2015Elisabeth, Instead of blaming the victims how about you find out the truth? Watch this video video And here is what the IMF representative of Brazil and 10 south American countries had to say on the issue. What was done to Greece was known to end ...
Greek government official says Greece is ready to submit counter-proposals - RTRS
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billv commented Jun 14, 2015Cliff This video is very relevant video
What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis
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billv commented Jun 14, 2015Yes I'm aware of Merkel's mistake and I'm sure she is too. I hope that they quietly acknowledge of the mess they've made and try and clean it up instead of making things worse.
Grexit 'no longer out of the question' for Merkel
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billv commented Jun 14, 2015Well, 5 years of obedience got them nowhere so it's time for Greece to stop obeying url
What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis
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billv commented Jun 14, 2015Cooking the books has been around forever. Every country and every organization does it (even though they will deny it) They call it creative accounting....
What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis
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billv commented Jun 13, 2015An exit will be very messy, more so for the Greeks but everyone will pay. Greece is not the only country with very high debt. Soon they'll have to sit down and seriously think about this issue. If they don't, debt will be holding back Europe's ...
Grexit 'no longer out of the question' for Merkel
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billv commented Jun 13, 2015Very high. I think that there won't be an agreement and Greece will be left to float and pay back what they can and when they can. However, if I were the EU I'd push for a watered down agreement which gives the Greek economy room to grow. ...
Greek government official says Greece is ready to submit counter-proposals - RTRS