{"id":4334,"date":"2012-05-11T17:42:52","date_gmt":"2012-05-11T21:42:52","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4334"},"modified":"2012-05-11T17:42:52","modified_gmt":"2012-05-11T21:42:52","slug":"europes-nuclear-brinkmanship-with-greece-is-a-lethal-game-telegraph-blogs","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/11\/europes-nuclear-brinkmanship-with-greece-is-a-lethal-game-telegraph-blogs\/","title":{"rendered":"Europe's nuclear brinkmanship with Greece is a lethal game \u2013 Telegraph Blogs"},"content":{"rendered":"

Ambrose Evans-Pritchard<\/strong>: Polls show that 70pc or even 80pc of Greeks still wish to stay in the euro, while at the same voting in large numbers for hard-Left and hard-Right parties committed to tearing up the Memorandum \u2013 a course of action that will take them straight out of the euro.<\/p>\n

I do not wish to reproach the Greeks for cognitive dissonance. We all do this, and besides, euro membership is more than just a currency for Greece. It is the anchor of identity for an isolated Balkan nation living cheek by jowl with the Ottoman nemesis……..<\/p>\n

The chief danger is not for Greece. It is for the rest of the eurozone. If the German political establishment is unwise enough to force Greece out of EMU on the assumption that the country is a special case, it will be disabused of this illusion very quickly.<\/p>\n

via Europe’s nuclear brinkmanship with Greece is a lethal game \u2013 Telegraph Blogs<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ambrose Evans-Pritchard: Polls show that 70pc or even 80pc of Greeks still wish to stay in the euro, while at the same voting in large numbers for hard-Left and hard-Right parties committed to tearing up the Memorandum \u2013 a course of action that will take them straight out of the euro. I do not wish … <\/p>\n

Continue reading “Europe's nuclear brinkmanship with Greece is a lethal game \u2013 Telegraph Blogs”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[962,1295,1547,1614],"class_list":["post-4334","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt-crisis","tag-euro-zone","tag-germany","tag-greece"],"yoast_head":"\nEurope's nuclear brinkmanship with Greece is a lethal game \u2013 Telegraph Blogs - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe's nuclear brinkmanship with Greece is a lethal game \u2013 Telegraph Blogs - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Ambrose Evans-Pritchard: Polls show that 70pc or even 80pc of Greeks still wish to stay in the euro, while at the same voting in large numbers for hard-Left and hard-Right parties committed to tearing up the Memorandum \u2013 a course of action that will take them straight out of the euro. 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He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-17U","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":1722,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/02\/revenge-of-the-sovereign-nation-ambrose-evans-pritchard\/","url_meta":{"origin":4334,"position":0},"title":"Revenge of the Sovereign Nation \u2013 Ambrose Evans-Pritchard","author":"ColinTwiggs","date":"November 2, 2011","format":false,"excerpt":"The spokesman of French president Nicolas Sarkozy.... said the [Greek] move was \u201cirrational and dangerous\u201d. Rainer Br\u00fcderle, Bundestag leader of the Free Democrats, said the Greeks appear to be \u201cwriggling out\u201d of a solemn commitment. They face outright bankruptcy, he blustered. Well yes, but at least the Greeks are stripping\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1825,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/07\/top-german-economist-its-in-greeces-interest-to-reintroduce-the-drachma-spiegel-online-news-international\/","url_meta":{"origin":4334,"position":1},"title":"Top German Economist: ‘It’s in Greece’s Interest to Reintroduce the Drachma’ – SPIEGEL ONLINE – News – International","author":"ColinTwiggs","date":"November 7, 2011","format":false,"excerpt":"[Economist\u00a0Hans-Werner Sinn, president of the Institute for Economic Research, in Munich]: What politicians refer to as a \"rescue\" will not actually save Greece. The Greeks won't ever return to health under the euro. The country just isn't competitive. Wages and prices are far too high, and the bailout plan will\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1726,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/02\/world-leaders-rebuke-greece-on-vote-wsj-com\/","url_meta":{"origin":4334,"position":2},"title":"World Leaders Rebuke Greece on Vote – WSJ.com","author":"ColinTwiggs","date":"November 2, 2011","format":false,"excerpt":"\"Does Greece want to remain part of the euro zone or not,\" German Chancellor Angela Merkel said. \"That is the question the Greek people must now answer.\" .... if voters spurn the bailout deal, Greece could face national bankruptcy and exit from the euro, while leaving Europe confronting an almighty\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":609,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/03\/troika-talks-on-aid-to-greece-stall-wsj-com\/","url_meta":{"origin":4334,"position":3},"title":"Troika Talks on Aid to Greece Stall – WSJ.com","author":"ColinTwiggs","date":"September 3, 2011","format":false,"excerpt":"\"I expect a hard default definitely before March, maybe this year, and it could come with this program review,\" said a senior IMF economist who is keeping close tabs on the situation. \"The chances for a second program are slim.\" Failure of Greece to meet its targets, growing reluctance by\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3659,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/29\/economonitor-note-from-athens-feeling-on-the-ground-has-palpably-changed\/","url_meta":{"origin":4334,"position":4},"title":"EconoMonitor : Note from Athens: Feeling on the Ground Has Palpably Changed","author":"ColinTwiggs","date":"February 29, 2012","format":false,"excerpt":"Despite the clear sense of despair and anger in Greece, politicians and members of the public continue to think that the alternative\u2014default and EZ exit\u2014would be even worse. ......Among the increasingly popular fringe left- and right-wing parties, the only party actually advocating a EZ exit is the communist party, or\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1779,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/04\/the-world-from-berlin-the-common-currency-endgame-has-begun-spiegel-online-news-international\/","url_meta":{"origin":4334,"position":5},"title":"The World from Berlin: ‘The Common Currency Endgame Has Begun’ – SPIEGEL ONLINE – News – International","author":"ColinTwiggs","date":"November 4, 2011","format":false,"excerpt":"Conservative daily Die Welt writes: \"At the end of the eventful day, the redemptive message came: Papandreou would withdraw his referendum because conservative Greek opposition leader Antonis Samaras declared he was ready to vote for the aid package with the government and take part in an interim national unity government......\"\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & 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