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It's time to end the pretence: Greece will never fully repay its bailout loans
It is surely clear to all sides by now – if rarely admitted – that Greece will never fully repay its bailout loans. The current approach requires Greece to run a large and protracted budget surplus to satisfy its creditors’ demands. This will force it to drain itself of demand for a generation or more, in order to transfer to other countries huge amounts of what the Greek people produce. History and economic principles teach us that trying to enforce such reparations-style logic on a heavily damaged economy will only serve to destroy it and harm the intended recipients too. It is time to end the pretence, and ... (full story)
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The coincidental success is more dangerous than the expected failure
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The coincidental success is more dangerous than the expected failure
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.... laughing all the way to the bank
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take what you can take, before market take it back
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take what you can take, before market take it back
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FF = Forex Faggots
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