Greece fears the markets

Discussion in 'Economics' started by TGregg, Aug 5, 2010.

  1. TGregg


    Interesting article on Greece:

    Note the spin. The best parts are near the end, things like:

    The EU bailout was not the issue. The issue was that Greece could not go to the marketplace and borrow the money she needs. And guess what? Even the Greeks think they will not be able to afford fairly priced money any time soon:

    Then there's this little teaser at the very end:

    Oh yeah, the sun is shining on Greece alright.

  2. Without the bail, they'd be done. And they know it.