Friday, May 27, 2011

Greece NO Bailout ? - IMF

Telegraph: Reports that Greece might not get part of the IMF bailout due to it not meeting the IMF regulations for a bailout. Folks its time that the Money markets put Greece out its misery, time for the Markets to make Greece see the realities, the price for Greece selling its bonds should be make to expensive for the Greek Government. Greece is a basket case, the EU and IMF should take direct control of the Greek economy, but folks Greece should be forced to leave the Euro. The shock of a Greek Sovereign debt will hit German banks, but that is the price for getting EU and some of the Euro countries back in to shape, otherwise folks the bailout is toilet paper but with numbers on. Greece is the Trojan Horse that could destroy the EU and the Euro.

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