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  1. hobo-jo

    Possibility of a Greek default in next week

    Wonder if the ECB will step in if the IMF pulls support for Greece... http://www.zerohedge.com/news/no-more-mr-nice-guy-imf-set-kick-out-greece
  2. hobo-jo

    Possibility of a Greek default in next week

    You've got my email address :)
  3. hobo-jo

    Possibility of a Greek default in next week

    Cherry picking and twisting their views belongs on your troll forum Shadow. Don't waste your time here. Let me know when you can provide this:
  4. hobo-jo

    Possibility of a Greek default in next week

    With a newsletter like this you are not paying for data/news, you are paying for the analysis of the individuals involved. So it can't be "gleaned for free" elsewhere. It's a unique perspective being provided and the guys at MacroBusiness have been well ahead of the curve in respect to many...
  5. hobo-jo

    Possibility of a Greek default in next week

    Why would I pay $480 when at the moment they are only asking $385? What do you think I am? A property speculator? :rolleyes: I will consider it over the free 21 day trial period. It would be of limited benefit to me personally from an investment point of view, as I can't see myself taking...
  6. hobo-jo

    Possibility of a Greek default in next week

    No worries, well I'll be sure to buy you a beer if you're right! How about we meet by 4pm on January 1st 2016. And when I say "by 4pm" I mean an unspecified minute inbetween 4.00pm and 4.59pm :D 10-20% wrong? lol think you have your statistics muddled Shadow. How about you link to the...
  7. hobo-jo

    Possibility of a Greek default in next week

    /facepalm How could I forget? You revised down your prediction from $1.25m to "approaching" $1m... whatever that means :confused: Are you sure you don't want to revise it down to "approaching a level that could be greater than $800k"? At least that way you have a chance to build on the 10%...
  8. hobo-jo

    Possibility of a Greek default in next week

    My base case scenario has never been for an Australian wide crash (although think there is a good chance that Melbourne is part way into a crash). I recall a couple of people on GH.PC having said they sold (though recall none stating it was Keen specifically that scared them into doing it)...
  9. hobo-jo

    Possibility of a Greek default in next week

    Did you see what my post was in response to? No one is using a gun to force people to sell either. However the property spruikers are doing a lot more damage than any who are bearish. In fact it continues to surprise me how little attention is given to the scams and ponzi property businesses...
  10. hobo-jo

    Possibility of a Greek default in next week

    Probably nobody. Do you know anyone who did? How many people have been harmed by property spruikers, buying into off the plan with instant negative equity or from suggested "hot spots" where they've had to wait years for growth which exceeds their holding costs... or sold for a loss while...
  11. hobo-jo

    Possibility of a Greek default in next week

    We've seen a huge shift in perception over the past week. It seems that everyone is now expecting Greece to default. We've got Australian banks preparing for it. The major US banks are preparing for it and spinning their opinion on what will happen as a result. The problem is with such...
  12. hobo-jo

    Possibility of a Greek default in next week

    http://www.zerohedge.com/news/chris-martenson-we-are-about-have-another-2008-style-crisis Chris Martenson on Greek exit and potential for another 2008 style collapse.
  13. hobo-jo

    Possibility of a Greek default in next week

    http://www.zerohedge.com/news/greek-left-coalition-leaders-says-bailout-accord-null-and-void
  14. hobo-jo

    Possibility of a Greek default in next week

    Well I would agree on a global scale, but my response was in context to lizzie's post which was comparing Australia to Europe. So can you share some examples of corruption in Europe which show my examples to be relatively negligible? Perhaps I am wrong.
  15. hobo-jo

    Possibility of a Greek default in next week

    Umm what? No corruption? No big business domination? The big 4 banks aren't a cartel? Coles and Woolworths aren't pushing the little guy out of business? Mining big wigs aren't trying to get a foothold in the media industry? On a smaller scale: We don't have tradies doing cash jobs...
  16. hobo-jo

    Possibility of a Greek default in next week

    As I understood the bailout conditions Greece had to maintain the austerity route to continue to receive the agreed funding, so if new government changes that I assume there is risk of the funding being cut off and an eventual hard default.
  17. hobo-jo

    Possibility of a Greek default in next week

    Reminds me of: "At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained." http://www.federalreserve.gov/newsevents/testimony/bernanke20070328a.htm Banks and private investors hold nearly 2/3 of...
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