Saturday, May 2, 2015

Here is the situation without the clutter.
1. Greece has borrowed money which it can never pay back.
2. Greece has no money to pay its public sector.
3. Greece can no longer borrow money.
4. Greece wants to stay in the EU
5. Greece will be funded in perpetuity by the other EU members.
Alternatively Greece could be released to re-establish its sovereignty. As usual the project 'leaders' (sic) can't make a decision, and continue to undermine the €uro due to their ineptitude...the truth of the matter....
1. France, Belgium and Germany LENT money to Greece to get their sticky fingers on Greek national projects.
2. They knew in advance that Greece could never - ever - repay these debts - but they knew that the Lending Banks' losses would be sicked onto the taxpayers. Typical EU mafia.
3. Greece makes enough to pay its own public sector and did so long before the French invented the EU.
4. The Greeks have been telling the EU they don't want to borrow any more money for a couple of months now.
5. Greece WILL stay in the EU - or bring down the EU.
There's a lot more to it than just anti-Greek hype y'know...Unless a haircut is granted to Greece no amount of reforms will make a difference to Greece. Greece is bankrupt and has been since 2009. So Greece's partners are wasting their time...Nothing will change.
Greece cannot make their payments to the EU so it makes no difference. Everyone nows it and has known it..They are flogging a dead horse.  You cannot get blood out of a stone...There is nothing else to take..

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