Greece is the canary in the coal mine...
default would have been acceptable if they had a viable "plan B".
Agreed. The Greeks will now have to face the reality of their actions. Will the Euros cave or will they let Greece leave the EU?
I hope we are next --- referendum is in the offing but I fear we are a nation of wimps/cowards.
Good luck with it. I read an interesting essay on it this morning:
The EU was not budging an inch, nor was it going too --- what they were asking was impossible.
Thank you, I'll read it later with my cuppa. I really do hope that the Greeks have instigated a move toward some form of true democracy --- seems appropriate eh?
Haha! They're "the fixer" in all our classification systems. They run the Fed!Ohhh and Goldman Sachs are in for more trouble there too, eh? I have now named them The Fixer in my thinkers 'classification' system
Yeah, we all need to move our politics more into the local realm. The "one world government" crowd are a bunch of authoritarians.
Add evil and stupid and a few unmentionables to authoritarians and I'll agree wiv ya.
The Euro version of "democracy in action": Borrow a lot of money, spend it all on big paychecks then refuse to pay it back.
The majority of is was spent by their Gov on Military equipment, most of which they bought from Germany.
well, the canary that ate the bird seed, all the cake, got a loan and bought a new cage, ate some more, bought another cake, and so on. then said i'm hungry...bought more and more..
Agreed. Hopefully, the Euros will boot Greece out of the EZ and tell them to eat Drachmas. Let Greece set an example for all to see on the excesses of socialism and irresponsible government.
Greece has been given every chance to make good on their debts and they acting like welfare queens in blaming everyone but themselves for their predicament.
