Monday, February 13, 2012

Austerity Greece


Guardian: Reports that the EU will decide on March 1 if Greece has meet its demands. Lets get real here folks, the EU and in this case we are talking about the Germans want Greece to walk out, they don’t trust the Greeks, the EU has demanded that all the Greek Parties agree to the Austerity plan before the April Elections, thus far the Conservative Party of Greece has balked at this agreement, thus the Greek Parliament could have passed this latest Austerity plan for nothing, it can be argued from the point of view of Germany and the rest of the EU that it would better for Greece to default, then the cancer of Greece would have been cut out, otherwise there is chance that Greece will back in a few months asking for another bailout, then one after that, that's the real future folks.

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