Iran War Will Collapse Greek Economy

Rossa writes –

…any action against Iran could force Greece out of the EU and the Euro. 45% of Greece’s oil is from Iran and Iran is the only country prepared to provide credit to Greece. So the knock on consequences will be economic suicide for Greece and the other PIIGS. Portugal, Ireland, Italy and Spain.

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2 Responses to “Iran War Will Collapse Greek Economy”

  1. wasp says:

    I found this whilst looking through sme old notes the other day, with a picture of the clasic three monkeys.

    How the stock market works.

    Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for £10 each.

    The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.

    The man bought thousands at £10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at £20.

    This renewed the efforts of the villagers and they started catching monkeys again.

    Soon the supply diminished even further and people started going back to their farms.

    The offer increased to £25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

    The man now announced that he would buy monkeys at £50!

    However, since he had to go to the city on some business, his assistant would now buy on his behalf.

    In the absence of the man, the assistant told the villagers. “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at £35 and when the man returns from the city, you can sell them to him for £50 each.”

    The villagers rounded up with all their savings and bought all the monkeys.

    Then they never saw the man nor his assistant ever again, only monkeys everywhere!

    Now you have a better understanding of how the stock market works.

    REGARDS ……… WASP

  2. Anonymous says:

    Dude, that’s what they want. THE WANT A COLLAPSE, get it? If Greece defauts all the creditors own Greece. And they want to collapse Euro to also own the other PIIGS.

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