Greece is finished as we know Greece today. One can't save Greece from default. It WILL default. The system, socialistic system in Greece will have to be tore down. The revolt has already started as Restaurants refuse to pay the new VAT. It's a matter of time before the entire Greece System Implodes like Venezuela. When that finally happens, it will be up to the Greek People to choose their next fate. It will be either Free markets or it will be dictatorship. Time will tell. The US is on the same course. The Unions said it loud and clear as they declared war on the Tea Party. Man your battle stations because the USS AMERICA is about to be torpedoed. This quarter is going to be one ugly run and the violence is about to break out. I give it before Thanksgiving, we start to see civil unrest with the Unions First. Main street will follow.
to all idiots. if the yield on any product is 82 % and the term is 1 year the following can be calculated. you lend the borrower 1 million dollars. in 1 years time on maturity they pay you back 1,820,000.00.
I am here... You're right, the above makes very little sense, but it's OK, no point arguing about it.
Greece is trying to crack down on the VAT but it's too late to save the country <iframe width="560" height="345" src="http://www.youtube.com/embed/YsphucEWPjQ" frameborder="0" allowfullscreen></iframe>
<i>The buildup towards a Greek endgame continues. German Chancellor Angela Merkel told Christian Democrats members that Greece would not receive aid payments this month, unless it met its obligations under the bailout agreement. This comes after Merkel's party suffered a historic loss in a regional election over the weekend.</i> http://www.businessinsider.com/10-things-september-06-2011-9#ixzz1XB6ozHTT http://www.bloomberg.com/news/2011-...that-greece-must-meet-conditions-for-aid.html