Greek Bailout Deal A Farce To Benefit Banks At The Expense Of Greece - Forbes
There is no reason not to admit this. Yet, there are a million reasons why.
The EU does not wish to let the Euro collapse, for the same reason, why the US subsequently bailed AIA and the rest of the bigger banks out. No-one really know the magnitude of such a fall-out and yet, almost everyone know it will be disasterous. Numerical words ending will a "illion" will start to splash themselves over the news. How much? Who? When will it end? These are the questions that only academicas will answer, whereas the rest of the world will reel in pain, choosing to ignore them.
My say is to let Greece slide off Euro.
It will definitely take a lot of pressure off from the Euro-zone. Meanwhile, Italy and Portugal do have their own life-lines.
Greece has not been the most steadfast nations since its pre-admission to group. It has applied creative accounting, aimed at, making its finances look good.
Greece is a very beautiful country, full of history. The Pantheon, the Aegean Seas, the Greek Gods, the islands. It will be a shame to see this country collapse into anarchy in such a slow and painful way. Let it go. Now.
There is no reason not to admit this. Yet, there are a million reasons why.
The EU does not wish to let the Euro collapse, for the same reason, why the US subsequently bailed AIA and the rest of the bigger banks out. No-one really know the magnitude of such a fall-out and yet, almost everyone know it will be disasterous. Numerical words ending will a "illion" will start to splash themselves over the news. How much? Who? When will it end? These are the questions that only academicas will answer, whereas the rest of the world will reel in pain, choosing to ignore them.
My say is to let Greece slide off Euro.
It will definitely take a lot of pressure off from the Euro-zone. Meanwhile, Italy and Portugal do have their own life-lines.
Greece has not been the most steadfast nations since its pre-admission to group. It has applied creative accounting, aimed at, making its finances look good.
Greece is a very beautiful country, full of history. The Pantheon, the Aegean Seas, the Greek Gods, the islands. It will be a shame to see this country collapse into anarchy in such a slow and painful way. Let it go. Now.
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