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It's Time To End the Greek Rescue Farce
For the past two years, Greece has wrangled with the euro-zone states and the International Monetary Fund (IMF) over its so-called "rescue." Austerity measures have been agreed to, aid has been paid and private creditors have been forced to accept "voluntary" debt haircuts. Despite all this, Greece is in even worse shape today than it was then. Its economy is shrinking, the debt ratio is rising and the country and its banks have been cut off from capital markets. There isn't even the slightest sign that the situation might improve. Something has gone very wrong with this rescue. For weeks now, the Greek government has ... (full story)
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- Feb 7, 2012 1:49pm Feb 7, 2012 1:49pm
- Guest
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- Feb 7, 2012 1:54pm Feb 7, 2012 1:54pm
- foto
- | Membership Revoked | Joined Jan 2007 | 2684 Comments
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- Feb 7, 2012 2:34pm Feb 7, 2012 2:34pm
- turanius
- | Joined Jun 2009 | Status: Senior Asset Manager | 329 Comments
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- Feb 7, 2012 3:17pm Feb 7, 2012 3:17pm
- PipTrapper
- Joined Aug 2008 | Status: Persist Until Something Happens | 798 Comments
Those who say it cannot be done should not interrupt those who are doing it
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- Feb 7, 2012 3:25pm Feb 7, 2012 3:25pm
- clockwork71
- | Commercial Member | Joined May 2007 | 1172 Comments
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- Feb 7, 2012 3:41pm Feb 7, 2012 3:41pm
- foto
- | Membership Revoked | Joined Jan 2007 | 2684 Comments
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- Feb 7, 2012 4:09pm Feb 7, 2012 4:09pm
- PipTrapper
- Joined Aug 2008 | Status: Persist Until Something Happens | 798 Comments
Those who say it cannot be done should not interrupt those who are doing it
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- Feb 7, 2012 4:10pm Feb 7, 2012 4:10pm
- billv
- Joined Dec 2011 | Status: Member | 1068 Comments
Have a nice day
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- Feb 7, 2012 4:16pm Feb 7, 2012 4:16pm
- spekitox
- | Joined Sep 2008 | Status: Lucky Man | 715 Comments
forget about tomorrow, just steal away into the night
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- Feb 7, 2012 4:17pm Feb 7, 2012 4:17pm
- foto
- | Membership Revoked | Joined Jan 2007 | 2684 Comments
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- Feb 7, 2012 4:20pm Feb 7, 2012 4:20pm
- foto
- | Membership Revoked | Joined Jan 2007 | 2684 Comments
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- Feb 7, 2012 4:52pm Feb 7, 2012 4:52pm
- msmarple
- Joined Oct 2008 | Status: Just be the witness. | 15 Comments
Be like water.