May 18th, 2012


18 Comments

  1. 1

    He’s just stating the blindingly obvious and unavoidable…

  2. 2
    Roger The lodger says:

    If the moneylenders need that to be spelt out for them, its no wonder that the EU is up sh*t street.

  3. 3
    Simon says:

    Beware of Greeks giving credit notes.

  4. 4
    Racked off says:

    Good, someone needs to tell the EU where to go. Tell them where they can stick the EU.

  5. 5
    Business Cat (Specializing in yarns, Cdn owned & op) says:

    A huge discussion is going on in the comment section of an article in The Financial Times. The majority think the Germans will cave in, due to 1) the possibility of it spreading to other countries like Spain and 2) the huge losses that German banks would incur (due to loans to these peripheral countries).

    Everyone seems to agree the Euro was a BAD IDEA.

    http://www.ft.com/intl/cms/s/0/614df5de-9ffe-11e1-94ba-00144feabdc0.html#axzz1unANNH8h

  6. 6

    A Leftie pointing out the nakedness of a Leftie construct. What’s not to like? As RedEd has been claiming a hitherto unnoticed close rapport with european socialists this week, it will be interesting to see his reaction to this statement.

  7. 7

    Apart from You will be damned if you do and damned if you don’t, what else can you be damned for?

  8. 8
    May E Rotinell says:

    Being Gordon.

  9. 9
    Sue Denim says:

    Damned if I know.

  10. 10
    David Cameron says:

    Now why didn’t I think of that idea to boost the UK economy.
    I feel another U-Turn coming on !

  11. 11
    Costas Toomuch says:

    Sure, if we don’t give them the money to pay us back, how can we expect them to pay us back?

  12. 12
    Red Ed Millipede says:

    I will jump on any bandwagon that helps my career – bugger the rest.

  13. 13
    Peter in Mykonos says:

    bottoms up! little boys have never been cheaper!

  14. 14
    slaphead Dave says:

    will no one think of the poor bankers?

  15. 15
    Bugler Bert says:

    The Queen of Spain is stopped from visiting: The “Rock” question suddenly rears its head…….Why? ….. It is obvious – The Govt of is trying to divert the minds of the people from their financial crisis, Just like the Argentine govt and the Falklands…. I wonder if the people of Spain are as stupid as their counterparts in the Argentine?

  16. 16
    Bugler Bert says:

    whoop, sorry – I left out Spain…….

  17. 17
    Rat's arse says:

    Sure are as stupid Bert. I think it’s something to do with sun be*.ting down on their collective bonces all day long. Silly t*ssers.

  18. 18
    Sod em all says:

    Central bankers. ECB was told to lend the money. It has loaned its entire capital to Greece. That’s why they were exempted from the haircut deal.

    Greece defaulting to the ECB takes it out, unless countries bail it out.


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