Telegraph: Reports that the German Interior Minister Hans-Peter Friedrich has called for Greece to leave the Euro. Thus folks it can be argued it’s a matter of time before either Greece leaves the Euro by its own choice or is thrown out, the Germans will not be happy if in a few months the Greeks are back asking for more money, and folks this is a promise the Greeks will be back, the contraction of the Greek economy will carry on due to the tough austerity measures demanded by the EU/IMF/ECB, the cuts in wages, budgets and the public sector will have deep consequences for Greece, thus higher welfare, thus more debt, thus more money needed, the Germans are fast getting over their WAR GUILT when it comes to Greece, and to be honest folks they have a point. Greece has lived high on the hog as we say back home, its time to pay the BUTCHER, the butcher being the banks and the EU/IMF/ECB.
Sunday, February 26, 2012
Germany and Greece - Greek Crisis
Telegraph: Reports that the German Interior Minister Hans-Peter Friedrich has called for Greece to leave the Euro. Thus folks it can be argued it’s a matter of time before either Greece leaves the Euro by its own choice or is thrown out, the Germans will not be happy if in a few months the Greeks are back asking for more money, and folks this is a promise the Greeks will be back, the contraction of the Greek economy will carry on due to the tough austerity measures demanded by the EU/IMF/ECB, the cuts in wages, budgets and the public sector will have deep consequences for Greece, thus higher welfare, thus more debt, thus more money needed, the Germans are fast getting over their WAR GUILT when it comes to Greece, and to be honest folks they have a point. Greece has lived high on the hog as we say back home, its time to pay the BUTCHER, the butcher being the banks and the EU/IMF/ECB.
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