579 Stock markets are nothing more than the barometer of capitalist paranoia. Like the Midas of mythology they suffer from the phobia that someone is just around the corner waiting to rob them of their riches, communists, socialists, workers, the little old lady from Pasadena, the list is endless. These poor capitalist schizophrenics with all their wealth still suffer these delusions and hallucinations. If the news reports "Osama Bin Laden's grandma has been found alive and well" then the all ords in Australia drops 100 points, its all very logical.

If I recall correctly, Paul1405...

>>...someone is just around the corner waiting to rob them of their riches, communists, socialists, workers, the little old lady from Pasadena...<<

That little old lady had, in her rickety old garage, a brand new shiny red Super Stock Dodge. Chances are, she was a rampant capitalist, grinding the faces of the poor in order to feed her need for speed...

"The guys come to race her from miles around
But she'll give 'em a length then she'll shut 'em down"

Have a great day.

Okay Pericles, the little old lady is off the list, but the other 20,000 individuals and organisations are still on. You wrote:
"The thing is, Greece doesn’t make a lot of products. It makes feta cheese." This got me a thinking, the Greek economy when into free fall about the time I switched from Greek Feta to Danish, creamier and cheaper, very capitalistic of me to do that for those reasons, but I did. Do you think the German banks got wind of my switch? da da da. If it will help things on Wall Street I'll go back to Greek feta and all will be forgiven.

govt debt explained in ten minutes?
https://www.youtube.com/watch?v=P8fDLyXXUxM&feature=player_embedded

wonder if they mention..new loans
only repaying..the old loans plus intrest
so bankers giving with one hand...TOO MUCH
only to claw it back with a new loan

nuthin goes into pensions etc

anyhow
Italy and Netherlands slide into recession
http://www.myfinances.co.uk/investments/2012/02/15/italy-and-netherlands-slide-into-recession

Holland and Italy, two of the Eurozone’s largest economies,
have gone into recession, new figures show.

The economies of both countries suffered a second successive quarter of shrinkage, each contracting by 0.7 per cent during the last three months of 2011.

Germany’s economy also contracted in the fourth quarter, down 0.2 per cent from the previous quarter. This was the country’s first shrinkage since 2009.

Together, all 17 nations making up the Eurozone witnessed a 0.3 per cent contraction in the fourth quarter, but have managed to avoid a collective recession with growth of 0.1 per cent in the third quarter.

and greece has plenty of talking
avoiding the doing
http://12160.info/page/2649739:Page:777179

by the by
a haircat..is a default..of 65/75%
yet is the next loan..still only paying off the last loan

you can be sure
to be sure

http://www.zerohedge.com/news/farage-greek-chaos-you-aint-seen-nothing-yet

http://www.globalpolitician.com/27310-eurozone-greece-germany

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=17794

how others solved their issues
http://www.alternet.org/world/153929/how_swedes_and_norwegians_broke_the_power_of_the_%271_percent%27?page=entire

note the austerity
not getting the austerity treat..[threat/meant]..
http://members.beforeitsnews.com/story/1765/270/Austerity_At_Home:_Decrease_Services_To_Americans_Over_Climbing_Debt._Largesse_Overseas:_Increase_Israels_Military_Aid_To_3.1_Billion_On_Top_Of_Climbing_Debt.html

How can we call it real debt when the Central Banks and their aparchicks create most of this money from nothing and call it repayable debt? That wealth diluted by bankster inflation, belongs to all the people of Europe and not the self appointed few.

Ah Arjay, you look at money in the wrong way. See it as simply
a medium of exchange. So really its just about confidence. As
long as the Arjay's of this world get out of bed each morning and
work hard all day, all is sweet. If confidence stops and depression
sets in, Arjay would have no business, no job and be unable to
feed his family. So why create a depression, if there is
no need?