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National Bank of Greece SA Message Board

  • mikestarfish mikestarfish Jun 20, 2013 1:38 PM Flag

    I TOLD YOU SO!!! NBG is theoretically BANKRUPT without EU support

    The Fed pretty much put a fork in the recovery. They've printed money continuously for 5 years and this is the economy you get?? 2% recovery?? 6 trillion dollar stimulus and this is all you got?? If you calculate global stimulus it's probably on the magnitude of 15 trillion dollar stimulus globally and you still can't get sustained growth!! Because it's all FAKE people..... They print money so you don't so what is really REAL!!! The problem is once they stop stimulating you get a THUD.... just look at CHINA..... buliding ghost cities just to get GDP print and when they can build no more the market there just tanks. Sooner or later the world will have to deal with reality. In truth the European are the only one's dealing with reality; they went into austerity mode which puts cuts in place to reflect what is really happening.

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