QuoteOriginally posted by: outrunI thought one could trade anything on UK betting sites.. Where can I do a Grexit bet?I googledgreek exit from euro odds

Paddy Power 10/1

FT - To save the euro, let Greece go

QuoteOriginally posted by: CuchulainnPaddy Power 10/1cuch's bookmaker?

QuoteOriginally posted by: ppauperQuoteOriginally posted by: CuchulainnPaddy Power 10/1cuch's bookmaker?I don't b-- nor gamble. I posted it for your benefit since each time the b word is used. MTOTO

once and forever kick them off the table

I am thinking about the Greek people and not the governments that have been elected, in whatever manner, over the years.Anyone who lives in a country where there are some structural vulnerabilities and a history of overspending (be it internally or externally), should be thinking, "There but for the grace of Higgs Boson go I."Christians, compassionate or otherwise, may substitute "God" for "Higgs Boson".I believe that there will be many lessons in humility over the next few decades and not just for small countries with chronically bad management.

Unfortunately, there is a lot of trouble brewing all around here.Consider: the Ukraine, Turkey, Syria - eastward from there speaks for itself.To the north of Greece - wars and serious economic distress for decades.To the south of Greece - not a lot of stable democratic regimes there. In addition, the recent Tunisia event is easily replicated elsewhere.I hope that the Greeks will vote "yes" and that the EU will find a kinder way to handle this situation. Put skillful diplomacy and people first.If you looked at the Greek debt timeline - WSJ that I posted earlier today, you would see that 2015 was clearly going to be apocalyptic, with more than 25 billion euros owed to over half a dozen creditors/investors within the year. If these tranches can be spread out a bit, things were still going to be tough, but the obligations were set to be significantly lower from 2016 into the 2055 time horizon.

I think that to determine what is best or possible for Greece or Greeks one first has to ask some fundamental questions. What can Greeks do? What resources do they have? What is Greece for? Etc. All I know is that they don't pay taxes and it's very hot. And olives. And they came up with something called democracy, but that's going back a bit. P

QuoteOriginally posted by: trackstarUnfortunately, there is a lot of trouble brewing all around here.Consider: the Ukraine, Turkey, Syria - eastward from there speaks for itself.To the north of Greece - wars and serious economic distress for decades.To the south of Greece - not a lot of stable democratic regimes there. In addition, the recent Tunisia event is easily replicated elsewhere.I hope that the Greeks will vote "yes" and that the EU will find a kinder way to handle this situation. Put skillful diplomacy and people first.If you looked at the Greek debt timeline - WSJ that I posted earlier today, you would see that 2015 was clearly going to be apocalyptic, with more than 25 billion euros owed to over half a dozen creditors/investors within the year. If these tranches can be spread out a bit, things were still going to be tough, but the obligations were set to be significantly lower from 2016 into the 2055 time horizon.Why can't they all be like 'us'?

QuoteOriginally posted by: PaulI think that to determine what is best or possible for Greece or Greeks one first has to ask some fundamental questions. What can Greeks do? What resources do they have? What is Greece for? Etc. All I know is that they don't pay taxes and it's very hot. And olives. And they came up with something called democracy, but that's going back a bit. PShippingTourismSeafoodSea SaltOuzo (!)Tourism is fragile, at least the mainstream variety.Singapore is also built on rock and very hot. They have done a lot with the shipping angle.On "sameness" I will leave it alone. My point is not that every country should be a stable democracy.It is that Greece is increasingly vulnerable in a part of the world that has a lot of other turmoil brewing.Yesterday someone questioned Greece's military spending, but if you look at the neighborhood...

Sounds like there is going to be a deal. Back to boring.P

QuoteOriginally posted by: PaulI think that to determine what is best or possible for Greece or Greeks one first has to ask some fundamental questions. What can Greeks do? What resources do they have? What is Greece for? Etc. All I know is that they don't pay taxes and it's very hot. And olives. And they came up with something called democracy, but that's going back a bit. PThey should trademark their alphabet and force finance, math, science, and fraternities to pay a license fee! They'd make real alpha from their alphas and pay off their loans in an epsilon.-----This question of "what can Greeks do" leads to the question of "why don't Greeks do more of it?" That's the central puzzle of economic growth (or lack of it thereof). In the case of Greece, is it an issue of perceptions (or realities) of poor returns to speculative labor or investment? Is it a lack of access or inefficiencies in the delivery of supply to demand (or the visibility of demand to potential suppliers)? Or has the entire economy been artificially inflated for decades by borrowed money?