Jun 30

facepalm-1

There Is One ‘Small’ Problem With The Crowdfunded Greek Bailout Campaign (ZeroHedge, June 30, 2015)

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One Response to “There Is One ‘Small’ Problem With The Crowdfunded Greek Bailout Campaign”

  1. Marilyn Gjerdrum Says:

    E275 Billion is what Greece owes greedy gut bankers right now. Even worse, if that money magically appeared, not one cent would go to the Greek economy, or its people, just greedy guts.

    This is a perfect example of two things.
    1. Never let debt reach or exceed 100% of GDP.
    2. This debacle is a perfect example of why the concept of bankruptcy was created. Greece would be insane to sign up for more debt. Any money lender with an ounce of sense would realize loaning to Greece to be financial suicide.

    Excellent article, thanks for posting it.

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