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S&P 500 Futures - Jun 24

CME
Symbol
Exchange
Currency
ESM24CMEUSD
US500DerivedUSD
ESc2CMEUSD
ESc3CMEUSD
Currency in USD
Disclaimer
5,043.50
-5.50(-0.11%)
Delayed Data

S&P 500 Futures Discussions

Greek banks could get a first capital injection soon after a bailout deal is agreed, as much as 10 billion euros, even before the ECB completes a stress test, a euro zone official familiar with the issue said on Monday. = Then... why do you even do a stress test? LOL! ECB wants to keep pumping money in Greece so they can survive. This is truly a desperate measure by the ECB.
The truth is Greek banks are all insolvent and will fail the stress test (unless they manipulate that as well). Greeks have no foreign reserves nor do they have any cash in banks. The country is completely broke and there is no way to get out of the depression under the current fiscal measures. Sooner Greece gets out of Eurozone and significantly depreciate their currency (and win businesses), they won't be out of depression. But even if Greece gets out of Eurozone, I don't know if they have the competency to attract businesses to revive the economy.
Just as Greece led the way with city states and the beginings of democracy they will lead the way down !
Greece is a propane tank next to wild fire. It will get caught on fire some day and it will explode
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