October 26th, 2011

Charles Dallara representing 450 private sector lenders…

“There has been no agreement on any Greek deal or a specific haircut”


6 Comments

  1. 1

    I think I’ll be digging out the plans for an Anderson Shelter and stocking up with food and water. As soon as the Greeks dump the Euro and reintroduce the Drachma, the rest will also rapidly bail out of the Euro. Germany is on record tonight saying that Peace cannot be guaranteed for another 50 years.
    I have news for everyone, if the UK gets through another freezing winter with sky high fuel and food bills to pay. The Peace will be over by February. Brits only need to be without food for three days , before civil war breaks out….

    Like

    • 4
      Mystick1 says:

      I’ve been saying this for some time. EUSSR has been a fucking disaster from day one. Arab Spring will soon be replicated in the UK. Can’t come soon enough.

      Like

  2. 2
    Sleepless in Kirkaldy says:

    So if a 60% haircut is imposed but no deal
    Is agreed, do the credit default swaps come into play? Have the politicians really thought this through?

    Like

  3. 3
    A proper right winger! says:

    Greece has defaulted on it’s loans in all but name. It is now one of the walking dead, one beam of sunshine and it’s economic and political system will crumble to dust.

    Like

    • 5
      Doug says:

      If you lend me £1,000 and I don’t pay you back, who’s closer to crumbling to economic dust, you or me?

      Like

  4. 6
    T Zeeweezi says:

    The only hair that needs cutting is that ‘hair’ to Blair, Cameron.

    Like


Seen Elsewhere

What We Learned From the Referendum | FT
Scottish Crisis Moves South | Nick Wood
English Democrats Accidentally Celebrate Yes Victory | Pink News
Union In Its Current Form is Dead | Janan Ganesh
Labour Could Be Split in Two | Sun
Ashcroft Poll: Why Scotland Voted No | Buzzfeed
Boris: Change Barnett Formula | Sun
Cameron is Back | Dan Hodges
What Happens Now | James Kirkup
Cairo of the North | Quentin Letts
Labour are the Biggest Losers | Phil Collins


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