Telegraph: Reports that the Fitch Credit Agency has further downgraded the credit worthiness of Greece. Lets gets honest here folks, Portugal, Ireland and Greece don’t have any CREDIT, they are broke, without bailouts from the EU/IMF they would have gone over a cliff months ago. The problem is you have the political elite in EU want to keep the Euro at any cost, eve if that takes the EU over the cliff in the near future. These countries are in the toilet, they are floating in the basing but no has had the courage to flush them out of the system. The above is graphic because that is the truth, Greece, Portugal and Ireland should get out of the Euro, return to their native currencies, redraw their economic structure so its in the real world. At some point the system will break folks, good money or clean paper is being thrown in to the toilet, and its getting dirty folks. There is not enough money to clear the present debt problems folks, thus either the PIGS go or the Euro goes, that is the stark choice folks.
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