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Showing 1 - 7 of 7 results for "Damocles"

D-day

BENJAMIN ONG  |  TUESDAY, 30 JUN 2015
... for the IMF declaring Greece in "default"; D for yet another extension of a "deal" or "deal talks"; D for that mythical Damocles' sword falling not only over Damocles' head but on heads collective. Equity markets from New York to Rio and old London town ...

Greece in crisis (again)

BENJAMIN ONG  |  TUESDAY, 16 JUN 2015
... again... like it did back in February. Here are the blow-by-blows from The Telegraph four months ago. "The 'sword of Damocles' is hanging over Greece's banks and the impasse with its creditors could now bring it down for good" - 17 Feb "Greece defiant ...

Grexit and the games people play

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2012
It is ironic that the country that brought the world the story of the "Sword of Damocles" is itself now that very sword dangling precariously above the heads of world financial markets. Any moment now. Events in Greece over the past few days have jacked ...

Europe push-US pull

BENJAMIN ONG  |  THURSDAY, 17 NOV 2011
... that could be characterised as Europe pushed-US pulled. Europe pushed. Fears of a debt contagion remain hanging like Damocles' sword over Europe. Nah, I think the better allegory is the Greek myth of Sisyphus - you know, him who was punished to repeatedly ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
... like an exercise in futility by the day. An experiment that would continue to hang over financial markets' head like Damocles' Sword until it's resolved once and for all - or it blows up completely. To top it all, there's now this worldwide antipathy ...

More worries

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2010
... multiplying. And I'm losing control..." Grease. With European sovereign debt crisis still dangling over their heads like a "Damocles sword" - hey, isn't he Greek? - financial markets are again presented another source of worry. Yes, Virginia here's one ...

Stimulexit

BENJAMIN ONG  |  MONDAY, 18 JAN 2010
... US federal deficit was running at around US$1.4 trillion. Just mentioning the number gives me a fit of vertigo. With Damocles' sword still hanging over the head of the US recovery, the typical response would be to spend, spend... and spend some more. ...
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