As if we didn't have enough problems already. <_<
http://www.businessinsider.com/greece-down-2014-10
QuoteGreece Is In Full-Blown Stock Market Collapse
Joe Weisenthal
openfilerook
Oct. 15, 2014, 8:44 AM
As if the world didn't have enough to be worried about (ISIS, Ebola, slowing China, Ukraine, slowing Germany, Fed tightening, etc.) now look what's back: Greece. And in a big way.
The stock market is down over 9% on Wednesday, which is about as big as crashes come.
And the banks are getting absolutely smashed.
Quote
Charles Forelle ✔ @charlesforelle
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Greek banks yikes today. NBG -13%, Piraeus -14%, Alpha -14%, Eurobank -20%.
9:45 PM - 15 Oct 2014
Greece, which had been calm for a while, is now being wracked by two separate but related things.
One is the rise in the political popularity of left-winger Alexis Tsipras, the leader of the Syriza party, who if he ever got elected to power would take a much more confrontational stance with the rest of the eurozone with regards to austerity.
Meanwhile, a rift is growing between the current Greek government and the rest of the EU as Greece is keen to exit its bailout program. The EU is not so sure.
So now the Greek market is getting crushed.
Here's the chart showing the nosedive. And this is before Wednesday's move.
http://static4.businessinsider.com/image/543e493c6bb3f79857f8c049-797-552/screen%20shot%202014-10-15%20at%206.10.37%20am.jpg
No blood for gyros!
So the economy is collapsing because a left wing dude is popular?
Quote from: jimmy olsen on October 16, 2014, 12:55:42 AM
As if the world didn't have enough to be worried about (ISIS, Ebola, slowing China, Ukraine, slowing Germany, Fed tightening, etc.)
Germany must be stopped! (https://languish.org/forums/proxy.php?request=http%3A%2F%2Fforums.brooklyn.ru%2Fimages%2Fsmilies%2F2011%2Ffuhrer.gif&hash=87e9c3e2044f7efd3268be05bd67b60df85d399d)
Quote from: Syt on October 16, 2014, 12:57:36 AM
No blood for gyros!
I really like gyros. :Embarrass:
Who the fuck kept giving them money?
Quote from: Valmy on October 16, 2014, 01:01:13 AM
So the economy is collapsing because a left wing dude is popular?
It's more of a cycle. The economy's collapsed, so a radical lefty is popular, so the economy collapses further.