Comments on: Did Greece Crash the Stock Market? http://www.getmoneyenergy.com/2010/05/greece-stock-market-crash-double-dip-trigger/ Canadian Dividend Stocks and DRIP Investing for Dividend Growth and Cashflow Sat, 06 Aug 2011 12:18:12 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: The Almost Millionaire http://www.getmoneyenergy.com/2010/05/greece-stock-market-crash-double-dip-trigger/comment-page-1/#comment-3606 The Almost Millionaire Mon, 10 May 2010 23:47:20 +0000 http://www.getmoneyenergy.com/?p=5500#comment-3606 @MoneyEnergy Well, Today's market action and announcements proved that you were spot on! Talk about a bailout, you know!!! @MoneyEnergy
Well, Today’s market action and announcements proved that you were spot on! Talk about a bailout, you know!!!

]]> By: MoneyEnergy http://www.getmoneyenergy.com/2010/05/greece-stock-market-crash-double-dip-trigger/comment-page-1/#comment-3591 MoneyEnergy Sat, 08 May 2010 18:22:12 +0000 http://www.getmoneyenergy.com/?p=5500#comment-3591 Good points you two... I agree, I don't think small is unimportant (although it is significant that they are this concerned about 2.9% of the Eurozone economy). They care about Greece because of the symbolic value it has. THey're stuck between a rock and a hard place, because: (1) If they bail Greece out and the other "PIGS" get worse, markets will expect bailouts there, too. (2) If they don't "spare the rod," and the other "PIGS" get worse, markets will worry that they won't bail the others out. Thus even if they think they should save their money for Portugal, markets will already start pricing in fear that they won't - and - big and - the economies of Spain and Italy are MUCH MUCH bigger than Greece, so whatever happens there will require more funds, have more consequences. Good points you two… I agree, I don’t think small is unimportant (although it is significant that they are this concerned about 2.9% of the Eurozone economy). They care about Greece because of the symbolic value it has. THey’re stuck between a rock and a hard place, because:

(1) If they bail Greece out and the other “PIGS” get worse, markets will expect bailouts there, too.

(2) If they don’t “spare the rod,” and the other “PIGS” get worse, markets will worry that they won’t bail the others out. Thus even if they think they should save their money for Portugal, markets will already start pricing in fear that they won’t – and – big and – the economies of Spain and Italy are MUCH MUCH bigger than Greece, so whatever happens there will require more funds, have more consequences.

]]> By: Simple in France http://www.getmoneyenergy.com/2010/05/greece-stock-market-crash-double-dip-trigger/comment-page-1/#comment-3590 Simple in France Sat, 08 May 2010 13:50:34 +0000 http://www.getmoneyenergy.com/?p=5500#comment-3590 Call me crazy, but I haven't really believed anyone whose said that the economy is doing better lately. The stock market being higher (or lower) doesn't necessarily tell us about the health of one nation's economy or of the global economy, after all. And I don't see Greece as a small and unimportant country really. Not too long ago, the Germans seemed to not want to bail it out. What would that have said for the Euro zone? Highly destabilizing if you ask me. Call me crazy, but I haven’t really believed anyone whose said that the economy is doing better lately. The stock market being higher (or lower) doesn’t necessarily tell us about the health of one nation’s economy or of the global economy, after all.

And I don’t see Greece as a small and unimportant country really. Not too long ago, the Germans seemed to not want to bail it out. What would that have said for the Euro zone? Highly destabilizing if you ask me.

]]> By: The Almost Millionaire http://www.getmoneyenergy.com/2010/05/greece-stock-market-crash-double-dip-trigger/comment-page-1/#comment-3588 The Almost Millionaire Sat, 08 May 2010 01:02:49 +0000 http://www.getmoneyenergy.com/?p=5500#comment-3588 It really is crazy that a country as small as Greece could have suck a significant impact on world markets. I didn't see this coming at all. I figured we were set for a pullback, but figured it on bad US news...not a small EU country. Oh well, live and learn. I'm interested to see what the market does over the next two weeks. That will tell the real story. It really is crazy that a country as small as Greece could have suck a significant impact on world markets. I didn’t see this coming at all. I figured we were set for a pullback, but figured it on bad US news…not a small EU country.
Oh well, live and learn.
I’m interested to see what the market does over the next two weeks. That will tell the real story.

]]>