Wednesday, September 14, 2011

5pm Call - Eurozone Crisis

Guardian Live: Reports that upcoming telephone call between France, Germany and Greece, the talk will discuss how Greece plans to meets its austerity package and the proof that there is follow through in Greece. Interesting use of the word proof my France, the French Banks are sinking under Greek debt, as Greece has shown it cant be trusted, he only put through its latest land tax because the EU threatened to cut bait when it comes to Athens. The costs of the Greek austerity package is on the backs of the Greek people, Greece will never be able to pay back the bailouts, never mind its debt. Greek is going down, it just depends who else it takes down with it, this blog cant see Germany taking on the debt of the PIIGS. The German Coalition could fall if the Chancellor goes to far against the German will. Thus will be very surprised if this call solves the problem, its never that easy folks.

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