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Re: Greece to Default ?? bigwhoop #6195015 02/19/12
Joined: Apr 2003 Posts: 6,070 Northern Virginia hicountry Campfire Tracker
hicountry Campfire Tracker Joined: Apr 2003 Posts: 6,070 Northern Virginia	Greece already defaulted, having missed many debt payments. As Mike pointed out, the ISDA controls the reigns of CDS kicking in. Since the IB's that write the CDS make up the committee who determines is a default is a default in CDS terms, what makes anyone think they will ever allow that to happen? Since people who bought CDS will quickly figure out they were taken and now have NO protection against Soverign debt, several things will happen...... One is, no one will buy CDS, or any other swap "insurance" and get scammed by these banksters. Face it, this multi trillion $$ industry has no intention of paying anyone anything. Another, is who will buy soverign debt with no protection from default? QE3 to infinity..... Coming to a currency near you...SOON..... Tony

GB1

Entire Thread
Title	Posted By	Posted
Greece to Default ??	Southerntier8	02/19/12
Re: Greece to Default ??	VAnimrod	02/19/12
Re: Greece to Default ??	CrowRifle	02/19/12
Re: Greece to Default ??	DigitalDan	02/19/12
Re: Greece to Default ??	T LEE	02/19/12
Re: Greece to Default ??	sactoller	02/19/12
Re: Greece to Default ??	Steve	02/19/12
Re: Greece to Default ??	Oldman03	02/19/12
Re: Greece to Default ??	VAnimrod	02/19/12
Re: Greece to Default ??	Steve	02/19/12
Re: Greece to Default ??	Steve	02/19/12
Re: Greece to Default ??	Longbob	02/19/12
Re: Greece to Default ??	Darrel	02/19/12
Re: Greece to Default ??	hicountry	02/19/12
Re: Greece to Default ??	The_Real_Hawkeye	02/19/12
Re: Greece to Default ??	HunterMontana	02/19/12
Re: Greece to Default ??	mike762	02/19/12
Re: Greece to Default ??	tex_n_cal	02/19/12
Re: Greece to Default ??	mike762	02/19/12
Re: Greece to Default ??	tex_n_cal	02/19/12
Re: Greece to Default ??	mike762	02/19/12
Re: Greece to Default ??	AKHntr	02/19/12
Re: Greece to Default ??	Stetson	02/19/12
Re: Greece to Default ??	bigwhoop	02/19/12
Re: Greece to Default ??	hicountry	02/19/12
Re: Greece to Default ??	mike762	02/19/12
Re: Greece to Default ??	AKHntr	02/19/12
Re: Greece to Default ??	mike762	02/19/12
Re: Greece to Default ??	hicountry	02/19/12
Re: Greece to Default ??	The_Real_Hawkeye	02/20/12
Re: Greece to Default ??	RoninPhx	02/20/12
Re: Greece to Default ??	Spotshooter	02/19/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	Oldman03	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	mike762	02/20/12
Re: Greece to Default ??	SodFarmer	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	AKHntr	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	Stetson	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	OrangeOkie	02/20/12
Re: Greece to Default ??	RoninPhx	02/20/12
Re: Greece to Default ??	Stetson	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	eyeball	02/21/12
Re: Greece to Default ??	eyeball	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	eyeball	02/21/12
Re: Greece to Default ??	AKHntr	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	Nrut	02/21/12
Re: Greece to Default ??	AKHntr	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	Stetson	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	Mannlicher	02/21/12
Re: Greece to Default ??	379 Peterbilt	02/21/12
Re: Greece to Default ??	Steve	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	2legit2quit	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	2legit2quit	02/22/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	Nrut	02/21/12
Re: Greece to Default ??	OrangeOkie	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	SodFarmer	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	Stetson	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	Stetson	02/20/12
Re: Greece to Default ??	AKHntr	02/20/12
Re: Greece to Default ??	Gus	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	Stetson	02/20/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	SodFarmer	02/22/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	Gath_Sten	02/22/12
Re: Greece to Default ??	2legit2quit	02/22/12
Re: Greece to Default ??	OrangeOkie	02/22/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	SodFarmer	02/22/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	SodFarmer	02/22/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	Steve	02/22/12
Re: Greece to Default ??	AKHntr	02/22/12
Re: Greece to Default ??	Longbob	02/22/12
Re: Greece to Default ??	Longbob	02/22/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	mike762	02/22/12
Re: Greece to Default ??	Longbob	02/22/12
Re: Greece to Default ??	mike762	02/22/12
Re: Greece to Default ??	Stetson	02/22/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	Stetson	02/22/12
Re: Greece to Default ??	MacLorry	02/23/12
Re: Greece to Default ??	Stetson	02/23/12
Re: Greece to Default ??	MacLorry	02/23/12
Re: Greece to Default ??	2legit2quit	02/23/12
Re: Greece to Default ??	SodFarmer	02/23/12
Re: Greece to Default ??	Stetson	02/23/12
Re: Greece to Default ??	MacLorry	02/23/12
Re: Greece to Default ??	2legit2quit	02/23/12
Re: Greece to Default ??	temmi	02/23/12
Re: Greece to Default ??	2legit2quit	02/23/12
Re: Greece to Default ??	temmi	02/23/12
Re: Greece to Default ??	MacLorry	02/23/12
Re: Greece to Default ??	SodFarmer	02/23/12
Re: Greece to Default ??	Longbob	02/23/12
Re: Greece to Default ??	SodFarmer	02/23/12
Re: Greece to Default ??	Stetson	02/23/12
Re: Greece to Default ??	SodFarmer	02/24/12
Re: Greece to Default ??	2legit2quit	02/24/12
Re: Greece to Default ??	Stetson	02/24/12
Re: Greece to Default ??	MacLorry	02/23/12
Re: Greece to Default ??	fish head	02/23/12
Re: Greece to Default ??	MacLorry	02/24/12
Re: Greece to Default ??	Gath_Sten	02/24/12
Re: Greece to Default ??	SodFarmer	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	SodFarmer	02/20/12
Re: Greece to Default ??	OrangeOkie	02/20/12
Re: Greece to Default ??	The_Real_Hawkeye	02/20/12
Re: Greece to Default ??	OrangeOkie	02/20/12
Re: Greece to Default ??	mike762	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	SodFarmer	02/20/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	OrangeOkie	02/20/12
Re: Greece to Default ??	17ACKLEYBEE	02/20/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	MacLorry	02/20/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	Bristoe	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	Bristoe	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	Steve	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	mike762	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	MacLorry	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	SodFarmer	02/21/12
Re: Greece to Default ??	The_Real_Hawkeye	02/21/12
Re: Greece to Default ??	MacLorry	02/22/12
Re: Greece to Default ??	djs	02/23/12
Re: Greece to Default ??	djs	02/23/12
Re: Greece to Default ??	Stetson	02/23/12

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