And that is from The New York Times.
What exactly does that mean, Times, "or face DISASTER?"
Frustrated European leaders gave Greece until Sunday to reach an agreement...
They're pissed. Okay, understandable.
"The situation is really critical and unfortunately we can’t exclude the black scenarios of no agreement,” said Donald Tusk, the president of the European Council, warning that those possibilities included “the bankruptcy of Greece..."
Ok. Wouldn't want to declare bankruptcy but a lot of individuals do. You can't put them in jail, we did away with debtor prisons, England too, a zillion years ago. Individual debts are then consolidated and put under the administration of a judge who gives each of the creditors a slice, always pennies to the drachma, based on ability to pay. You Euros got something similar to all that Donald? If so, do you want the IMF to get pennies on the dollar to what they are owed? Is that cool with the IMF? Bankruptcy in America is not cool with creditors. They don't get squat.
"...and the insolvency of its banking system..."
The banks are already closed, individual Grecians have their withdrawals capped, so insolvency, what's that? Like the banks don't have the people's money when the people want to get it out, right? Is not that the current situation or close to it? Insolvency is just bankruptcy applied to banks, right? So then what are you guys going to do, sell the banks, like a person's assets are sold in bankruptcy? Expect a lot of action there, Donald? The assets of bankrupt persons are usually not in great shape--cars look like mine, houses are in "fixer-upper" condition, if you have to liquidate an insolvent bank's assets, what does that mean, you sell the building? What other assets does a bank have besides the money which it don't have on accounta it's insolvent?
...and great pain for the Greek people.
Those are the Quasis words not Donald's. What do you mean " great pain," Quasis?
Also looming ever larger was the prospect of Greece leaving the European currency union.
Oh! Well beat me, whip me, they have to leave the Eurozone. Boy, that's terrible.
Back to Donald:
“Until now I have avoided talking about deadlines,” Mr. Tusk, a former prime minister of Poland, told reporters after a day of fruitless meetings. “But tonight I have to say it loud and clear — the final deadline ends this week.”
“I have no doubt that this is the most critical moment in our history."
Aha! "In our history," and Donald doesn't mean in Grecian history since he's a Pole, he means in the Eurozone's history! That's what I meant by creditors not liking bankruptcy. The Euros will only get pennies on the drachma, too, not just the IMF. The Euros are also shitting because if Greece leaves
What exactly does that mean, Times, "or face DISASTER?"
Frustrated European leaders gave Greece until Sunday to reach an agreement...
They're pissed. Okay, understandable.
"The situation is really critical and unfortunately we can’t exclude the black scenarios of no agreement,” said Donald Tusk, the president of the European Council, warning that those possibilities included “the bankruptcy of Greece..."
Ok. Wouldn't want to declare bankruptcy but a lot of individuals do. You can't put them in jail, we did away with debtor prisons, England too, a zillion years ago. Individual debts are then consolidated and put under the administration of a judge who gives each of the creditors a slice, always pennies to the drachma, based on ability to pay. You Euros got something similar to all that Donald? If so, do you want the IMF to get pennies on the dollar to what they are owed? Is that cool with the IMF? Bankruptcy in America is not cool with creditors. They don't get squat.
"...and the insolvency of its banking system..."
The banks are already closed, individual Grecians have their withdrawals capped, so insolvency, what's that? Like the banks don't have the people's money when the people want to get it out, right? Is not that the current situation or close to it? Insolvency is just bankruptcy applied to banks, right? So then what are you guys going to do, sell the banks, like a person's assets are sold in bankruptcy? Expect a lot of action there, Donald? The assets of bankrupt persons are usually not in great shape--cars look like mine, houses are in "fixer-upper" condition, if you have to liquidate an insolvent bank's assets, what does that mean, you sell the building? What other assets does a bank have besides the money which it don't have on accounta it's insolvent?
...and great pain for the Greek people.
Those are the Quasis words not Donald's. What do you mean " great pain," Quasis?
Also looming ever larger was the prospect of Greece leaving the European currency union.
Oh! Well beat me, whip me, they have to leave the Eurozone. Boy, that's terrible.
Back to Donald:
“Until now I have avoided talking about deadlines,” Mr. Tusk, a former prime minister of Poland, told reporters after a day of fruitless meetings. “But tonight I have to say it loud and clear — the final deadline ends this week.”
“I have no doubt that this is the most critical moment in our history."
Aha! "In our history," and Donald doesn't mean in Grecian history since he's a Pole, he means in the Eurozone's history! That's what I meant by creditors not liking bankruptcy. The Euros will only get pennies on the drachma, too, not just the IMF. The Euros are also shitting because if Greece leaves
the Eurozone that makes the aforementioned Eurozone look like shit--which is as specific as Donald and the Quasis get so get off my back.
Donald, Euros, look: this is all over less than the price of the "Clippers," you can find $1.8 bil under your sofa cushions, you're getting all tizzified over less than the price of the Los Angeles "CLIPPERS!" Now stop it, lie down and take a powder. After you've had a good nap, look under the cushions.
Donald, Euros, look: this is all over less than the price of the "Clippers," you can find $1.8 bil under your sofa cushions, you're getting all tizzified over less than the price of the Los Angeles "CLIPPERS!" Now stop it, lie down and take a powder. After you've had a good nap, look under the cushions.
