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Lloyds Banking Group Share Chat (LLOY)



Share Price: 85.60Bid: 85.60Ask: 85.62Change: 0.46 (+0.54%)Riser - Lloyds Grp.
Spread: 0.02Spread as %: 0.02%Open: 85.27High: 85.81Low: 85.07Yesterday’s Close: 85.14



Share Discussion for Lloyds Grp. (LLOY)


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Troajan
Posts: 10,480
Off Topic
Opinion:No Opinion
Price:87.98
lloy
25 May '15
 
BruceJamieson
Posts: 1,519
Observation
Opinion:Buy
Price:87.98
View Thread (2)
John65
25 May '15
Eu rules are very clear. No default is allowed and one is about to happen. But they always fudge it. It is the Greek people I feel sorry for. The fact is that not a single eu country fitted the criteria of the euro currency when it was set up. No one at all. So it should never have gone ahead. What is clear is that Greece will not get the €7 billion top up so it will go from bad to worse. Apart from bank loans, there is IMF where the big default will come, ECB etc. as there are then going to be numerous defaults sadly Grexit is inevitable. If they are let off the hook, Italy, Spain and so on will want to be excused debt too. If the currency exists in 2 years I shall be astonished. As I expect you all know the previous euro currency around 1880 was a failure; the florin came into being in anticipation that Britain would join not having decimal system then. In fact I can see a time when Europe falls apart; it has never fulfilled its objective as a proper free trade area, each country is selfish, look at the immigrant problem which Italy has still not been given proper help over..........and still the boats come over the Med every day.
jings100
Posts: 8,217
Off Topic
Opinion:No Opinion
Price:87.98
John
25 May '15
I'd be a trifle wary about accepting as fact some of the articles , re the Greek situation . No doubt the country has been squeezed and many of the public services have been drastically affected but I'm sure your holiday will be fine . As for writing off the debt the EU member states hold the bulk of it but not all of it , Germany , France and Italy being the main holders along with the ECB and the IMF but there are others , so forcing them to default doesn't seem to me to be the best option but WTFDIK .
Troajan
Posts: 10,480
Off Topic
Opinion:No Opinion
Price:87.98
john65
25 May '15
argentina arnt far behind Greece.
John65
Posts: 700
Answer
Opinion:Strong Buy
Price:87.98
Jings100-Greece
24 May '15
Agree…A deal will be reached… yet again.

I was reading an article on the state of things in Greece and it mentioned a hospital in Lesbos that had run out of medical supplies .I think Lesbos is a holiday destination so I googled it. Thomas Cook has adverts for 2015/16.
If you fall ill or have a serious accident I think you could be in trouble. It's headed..'Greek hospitals run out of sheets,painkillers and cash to pay nurses'

A builder went into an Athens hospital with a broken leg and they didn't even have scissors to cut open his trousers,they used an old scalpel. They have no painkillers so ask him to hold his father's hand and count the flakes of paint coming off the ceiling. as a distraction.His leg is propped up with dirty linen. . Another patient suffering from dizzy spells (72 years of age) was unable to have his BP taken as they had no blood pressure meter.

Here's the Lesbos incident. .A lady rushed her husband to a hospital ,he had a lung problem and was left for days..not hours but days before anyone looked at him..No bed pans so the lady had to buy one.This week thousands of doctors and healthcare staff demonstrated against the cuts as they haven't been paid for 6 months.A trainee surgeon said they were at breaking point…no money to buy petrol for ambulances, no money to hire nurses and no money to buy modern surgical equipment..

I assume the hotels would have basics but if you're out and about and something happens I think you might be at great risk.

I hadn't given it a thought when we booked to go to Skiathos in September..Ugh…

The article stated..'Despite years of profligate spending that racked up massive state expenses and a 350billion euro debt,successive Greek governments neglected to set up a proper health and social welfare system.

The EU politics of all this seems irrelevant in the context of all this..I read an article over 12 months ago that if they wanted to the EU could write off the while of the debt if it so wished but I assume other southern European countries in dire straits would expect the same.. When you think about it the EU has to take some responsibility for either failing to check out what Greece told them was their financial position or having been told turned a blind eye.

When you read articles like this and watch documentaries involving people telling of their daily struggle.. ...professionals losing their jobs and homes..no money to buy food for the family..it's a dangerous situation should not be happening in Europe. There has to be a better way of sorting this than putting a nation through this..even if ,on the face of it ,they have brought it on themselves. Ironic that it's Germany that's calling the shots too.
Asperger1
Posts: 1,914
Off Topic
Opinion:No Opinion
Price:87.98
View Thread (2)
RE: Asperger1
24 May '15
Surprised by your comment Wids - thought you were a red pill type of guy - always looking to see how deep the rabbit hole goes?

https://www.youtube.com/watch?v=RhlXqYiTz2Q

Sure I'm too young to remember 'Marathon Man' - yeah right, I wish lol
meerkat.com
Posts: 3,519
Off Topic
Opinion:No Opinion
Price:87.98
Limit order
24 May '15
No chance of them leaving and not defaulting
More Metaxa required.

Will I get the 87p mmmm

2015 TYOTBH
STC
jings100
Posts: 8,217
Off Topic
Opinion:No Opinion
Price:87.98
Bruce
24 May '15
Certainly one of Sturgeons " red lines " . ...Can Greece default and not leave ?
jings100
Posts: 8,217
Off Topic
Opinion:No Opinion
Price:87.98
Asperger
24 May '15
Thanks for the recommend but any movie starring Keanu Reeves is a no no for me . Now that you've explained the concept I'll pass and live happily in ignorance although generally I'm a murky details type . Easy to be both if your selective .
Asperger1
Posts: 1,914
Off Topic
Opinion:No Opinion
Price:87.98
Jings
24 May '15
I'd recommend watching the original Matrix Jings - a classic movie introducing a unique sci fi concept which poses the question - do you want to know all the murky details or is it better to live happily in ignorance. IMO the squeals just milked the concept.





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