IMF to EU = Greece

Guardian: Reports that the IMF has warned the EU to get its act together over Greece or face another economic crisis aka 2008. At the end of the day folks we are talking about politicians, they need to get re-elected, there is only so much tax payers money they can send to Greece, a second bailout of Greece that does not work could mean politicians in Germany and France will get their P45 and be jobless. Those are the pressures that face EU politicians.

The End of Euro ?

Telegraph Live = Greece: Reports on comments by the ex Labour Foreign Secretary Jack Straw in the House of Commons, Mr Straw stated if the Euro is to go it should go quickly and not have a slow death. The one good thing ex Labour Chancellor Gordon Brown did was to keep the UK out of the Euro, the European dream of union has been shown to be a fraud, and a might expensive fraud at that, how much billions have been spent on Ireland, Portugal and Greece twice, think how this money could have been used!! It time to cut bait folks, let Greece out of the Euro and the EU if need be, but kicking Greece out of the EU is an extreme move, but time for savage action to save the Euro folks, otherwise it will fail folks, and take the EU with it, that is to high price to save Greece folks.

Blackmailing the Greeks = Bailout by EU/IMF

BBC News: Reports that the EU has delayed sending a 10 billion pound bailout from the 1st bailout of Greece in till the Greek Parliament passes even tougher austerity measures. At what point does the Greek Government just give up, it cant pay back the 340 billion euros it owes in debt, therefore its broke. Any more bailouts will make the situation in Greece worse, if a person is on drugs, do you give them more, or do they go cold turkey. Greece needs to go cold turkey, its needs to get out of the Euro, default on its debts and restart Greece, there should be bailouts to help Greece should it default, as Greece would not be able to borrow from the money markets. The EU/IMF could then bailout the banks that have been hit by the Greek default, otherwise its flushing good money down the toilet, because the Greeks will come for a 3rd bailout folks, that is a promise.