Australian (ASX) Stock Market Forum

Second GFC Begins: Greece

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Atlas79 said:
It's getting hot. This is just one of the hot spots. Lots of contenders... South America, Iran/Israel, Georgia-Ukraine/Russia, (Russia/China?), N Korea/S Korea...
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Aliances have to be formed first for a real war.

Need to have an 'us' v 'them' type of thing.

At the moment, only a small isolated war could start and be sustained.

No great alliances yet.
 
kennas said:
Aliances have to be formed first for a real war.

Need to have an 'us' v 'them' type of thing.

At the moment, only a small isolated war could start and be sustained.

No great alliances yet.
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On one hand I hope you are right...

On the other, I'm not sure we little people would necessarily be informed of what has or has not been agreed upon behind the closed doors of our mighty rulers.
 
Atlas79 said:
On one hand I hope you are right...

On the other, I'm not sure we little people would necessarily be informed of what has or has not been agreed upon behind the closed doors of our mighty rulers.
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Yep, You're rght. The agreements prior to WWI and II were simple but caued such devestation. Could an ANZUS alliance do the same? I hope not..
 
Tukker said:
Well Said Atlas

Land Surface Area Earth = 148,940,000km ² (36,803,875,516 acre)
Jan 2010 Population = 6,800,000,000

Area of Texas = 172,044,897acre
Jan 2010 Population = 6,800,000,000

Land for everyone in the world residing in Texas 0.025acre (102m ²)

So we can all live happily in our container in Texas after all.

All we gotta do then is remotely power and feed everyone.
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Your calculator is broken. 1/4 acre = 0.25 and not 0.025. If everyone had 1/4 acre then you need 6.8 billion/4 = 1.7 billion acres. There are 172 million acres in Texas. I hope you was using sarcasm.
 
boofhead said:
Your calculator is broken. 1/4 acre = 0.25 and not 0.025. If everyone had 1/4 acre then you need 6.8 billion/4 = 1.7 billion acres. There are 172 million acres in Texas. I hope you was using sarcasm.
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.025 of an acre = 101m2, as acres is an imperial measure and m2 ir metric. There are 4046m2 in an acre
 
PIGS is a good moniker for the hand me a grant thugs in the EU.

Portugal
Italy
Greece
Spain.

I preferred them when they were happy peasants and couldn't speak English. Now they are unhappy wannabes with no economy and huge debt.

gg
 
Atlas79 said:
On one hand I hope you are right...

On the other, I'm not sure we little people would necessarily be informed of what has or has not been agreed upon behind the closed doors of our mighty rulers.
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Maybe they have agreed in principle that a **New Cold War**(tm) is the best and safest way to beat up some fear & homegrown support in BOTH socialist blocs (China & USA) to help pave the way for a massive hike in publicly funded defense & infrastructure spending? Instead of winding down the Arms Race, maybe "they" have decided a new arms race is just the ticket to boost their bubbles further?

Hooray!

I like races!!

:D
 
Garpal Gumnut said:
PIGS is a good moniker for the hand me a grant thugs in the EU.

Portugal
Italy
Greece
Spain.

I preferred them when they were happy peasants and couldn't speak English. Now they are unhappy wannabes with no economy and huge debt.

gg
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gg, you forgot to add these

Zimbabwe (241)
Austria (59)
Nicaragua (54)
Yemen (32)
Ghana (67)
Israel (78)
Tunisia (53)
Singapore (113)

to the list ;) (public debt as % of GDP according to the CIA in brackets)

[size=-3]BTW Australia is shown at 15% and *gasp* the US at 61%[/size].
 
Yawnnnn..this topic is getting very mundane.
I thought that we already had the 2nd GFC catalyst, 2 months ago i.e Dubai.
 
UBIQUITOUS said:
Yawnnnn..this topic is getting very mundane.
I thought that we already had the 2nd GFC catalyst, 2 months ago i.e Dubai.
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This is how it catches people out however. Just when everybody thinks it won't, it does.

It's wise to never discount any possibility.
 
I think that's a better idea ... the souvlaki is getting a bit whiffy.
 
wayneL said:
This is how it catches people out however. Just when everybody thinks it won't, it does.

It's wise to never discount any possibility.
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I agree, but it's also wise not to jump at every piece of news with a 'the sky is falling' viewpoint.

GFC2 could take a long long long time to play out. Infact it could be so slow that we might never notice it while its happening. Then again.....:D
 
prawn_86 said:
.025 of an acre = 101m2, as acres is an imperial measure and m2 ir metric. There are 4046m2 in an acre
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My appologies. I thought the post was trying to say we can all have our quarter acre and had the decimal in the wrong place. I'm not happy to live in 1/40 of an acre.
 
UBIQUITOUS said:
I agree, but it's also wise not to jump at every piece of news with a 'the sky is falling' viewpoint.

GFC2 could take a long long long time to play out. Infact it could be so slow that we might never notice it while its happening. Then again.....:D
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Yeah, good point ubi.

REAL world economics moves like a 5 Megaton snail compared to the "immediacy" of stock & financial markets which can implode or boom within 24hrs.

After the initial "punchy" financial market shockwave, the world seems to be having some "slow wave" aftershocks. Urgh. I'm getting a bit nauseous from all this s...l....o....w.... heaving.... :vomit:

Sluurrrp.

Sorry.

:D
 
drsmith said:
During WW2 the US was able to expand it's industrial capacity and technologies largely unimpeded by the war itself. If there were another global conflict today that would not be possible for any country.

Post WW2 Japan and West Germany were rebuilt by the victors in their image.
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The victors took most of Germany's old equipment after the war, then realized that they need Germany as an ally against communism... splendid!
 
UBIQUITOUS said:
I agree, but it's also wise not to jump at every piece of news with a 'the sky is falling' viewpoint.

GFC2 could take a long long long time to play out. Infact it could be so slow that we might never notice it while its happening. Then again.....:D
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Just wanted to give a round of applause at getting this so right over 18 months ago.
 
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