Did Austrians, gold investors, land owners, creditors, or ANYBODY actually benefit from this crisis they are in?
Or would anybody benefit after they're bailed out?
Is anybody benefiting from Greece's financial crisis?
Did Austrians, gold investors, land owners, creditors, or ANYBODY actually benefit from this crisis they are in?
Or would anybody benefit after they're bailed out?
Those that manufacture and sell the implements of war and police actions are definitely profiting. Once their society has totally collapsed those that rebuild cities and countries will profit.Originally Posted by onlyrp
Goldman Sachs knew what they were doing when they loaned out to Greece back in 2002
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anybody who shorted Greek stocks probably profited.
Tu ne cede malis sed contra audentior ito
wouldn't Austrians and gold investors see that coming? Are there any in Greece? Were there derivatives that allowed them to benefit from it?
is it fair to say people who got out of the stock market and either opted for cash or real estate did better?
Tourists in Greece are certainly benefiting. Tourism accounts for a fifth Greece's GDP, and one in five workers in Greece are employed in tourism, which is now the booming part of Greece's economy, for whatever that's worth. That's the other edge of the capital flight sword, as capital rushes into Greece to take advantage of all the low prices after exchange rates are factored in.
To Tourists, Greek Debt Crisis Is a Distant Concept
Anybody who was short the Euro, and short any Euro indexes, profited like a mofo off the Greek crisis.
There's always profit to be made off a crisis, thus why some unscrupulious individuals/institutions/countries try and provoke them (see Iran and current spike in crude for further info).
Last edited by QE Is Theft; 02-26-2012 at 12:36 PM.
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