Who will default? Care to put this list in order?

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Who will default? Care to put this list in order?

Postby Copper Catcher » Wed Jun 15, 2011 7:01 pm

Let’s see....who will get tossed under the bus first? Greece sure looks like a real contender.

Portugal, Ireland, Italy, Greece, Spain or the US
:o
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Re: Who will default? Care to put this list in order?

Postby henrysmedford » Wed Jun 15, 2011 7:43 pm

They call that list the pigs.
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Re: Who will default? Care to put this list in order?

Postby 68Camaro » Wed Jun 15, 2011 7:50 pm

Copper Catcher wrote:Let’s see....who will get tossed under the bus first? Greece sure looks like a real contender.

Portugal, Ireland, Italy, Greece, Spain or the US
:o


Greece is already under the bus, with the lowest financial rating of any country that is rateable, and they've stopped and are backing up right now for a second run. After that, I'll go for Spain, Portugal, Ireland, Italy. US will trail Europe only because of the reserve currency status, as long as that remains.
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Re: Who will default? Care to put this list in order?

Postby Rosco » Thu Jun 16, 2011 1:12 am

68Camaro wrote:
Greece is already under the bus, with the lowest financial rating of any country that is rateable, and they've stopped and are backing up right now for a second run. After that, I'll go for Spain, Portugal, Ireland, Italy. US will trail Europe only because of the reserve currency status, as long as that remains.


+1 we all will go down
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Re: Who will default? Care to put this list in order?

Postby Whinstone » Thu Jun 16, 2011 3:50 am

I Think Greece's leaders are leaving the country tomorrow and handing it over to a new goverment or something like that ?? I don't know. Uh ....who will be next. I say Spain...then Portugal.....Then Italy, Ireland is so poor, they won't know that they have collapsed. By that time all of Europe will be in a mess,I think America will be the last to go.
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Re: Who will default? Care to put this list in order?

Postby PennyPauper » Thu Jun 16, 2011 4:12 am

The order doesn't matter,all ships with holes will sink.
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Re: Who will default? Care to put this list in order?

Postby Sheikh_yer_Bu'Tay » Thu Jun 16, 2011 6:13 am

I thought Ireland already went under. Didn't they? Didn't they vote to not honor their debt commitments something like 6 weeks ago?!

I don't remember now. There was something to do with Ireland just a month, or two, ago. (It all seems to run together anymore.)
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Re: Who will default? Care to put this list in order?

Postby avidbrandy » Sat Jun 18, 2011 9:46 am

I shorted the Euro at the start of this week and made quite a bit, but then did the typical dumb move and doubled down. It got fixed short term and I lost the profit. I love doing small-time currency trading on economic news right now, because your normal market indications based on graphs is moved to the back by world news over the last 3 years.
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Re: Who will default? Care to put this list in order?

Postby John_doe » Mon Jun 20, 2011 4:46 am

I'd be willing to bet Spain goes next if any. There is tons of financial turmoil in western Europe. The better question in my opinion, is where this spots the euro in the future.
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Re: Who will default? Care to put this list in order?

Postby Know Common Cents » Thu Jun 23, 2011 9:29 pm

We've all fallen and we can get up. Doesn't matter who's first. We'll all have our turn being kicked to the curb within a short period of time.
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I've recently adopted the Groucho Marx philosophy for dealing with politics and other life challenges, "Whatever it is, I'm against it!" (Horse Feathers 1932)
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