Tuesday, July 24, 2012

Greece and the EU


Guardian: Reports on the reaction of the Troika; EU/IMF/ECB; on their latest visit to Greece, the article notes the following, " ..warned that Greece had failed to keep to the deficit reduction plan agreed earlier this year. ".

Lets Get Real:

The Germans see Greece as a toilet for THEIR money, an endless flushing of German tax payer money down the toilet. The Greeks will NEVER reform, in their heart of hearts they think that the Germans will always bail them out, if it was only Greece they might have a point, but Spain and Italy are on the horizon, at the end of the day Greece can be chopped off, it will be painful but the EU will go on, if Spain and Italy fall its over, the Germans might need all their spare cash to save these two Countries, and folks we are talking in the trillions here, not just billions, the Greeks have become a cancerous pest on the body of the Euro, its time to cut them off, the EU has tried to save them, but it can not be done, just will not happen, Greece is set for a depression that will last for years if not decades, that is just the TRUTH. Time to move on and deal with the Spain and Italy, you lose some battles in a War, the War is Spain and Italy.

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