Telegraph: Reports that the IMF has stated that Greece will have to transfer Budget control over to the EU if it wants support from the EU/IMF/ECB. Folks sometime soon Athens will have to make a choice, is it a Sovereign State or is it a colony of Germany and the EU, for the good of Greece it has to default, then return to its native currency, the Greek Government has passed laws for Austerity, but the people and Greek system is not moving, assets in the billions have not been sold, the Greeks are still fiddling their taxes or sending money out of Country, one would not be surprise wake one morning with the news that the Greek Banking system has gone down the toilet. Greece either cuts bait as they or it should ask to be taken over by Germany as a Colony.
Saturday, January 28, 2012
IMF and Greece
Telegraph: Reports that the IMF has stated that Greece will have to transfer Budget control over to the EU if it wants support from the EU/IMF/ECB. Folks sometime soon Athens will have to make a choice, is it a Sovereign State or is it a colony of Germany and the EU, for the good of Greece it has to default, then return to its native currency, the Greek Government has passed laws for Austerity, but the people and Greek system is not moving, assets in the billions have not been sold, the Greeks are still fiddling their taxes or sending money out of Country, one would not be surprise wake one morning with the news that the Greek Banking system has gone down the toilet. Greece either cuts bait as they or it should ask to be taken over by Germany as a Colony.
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