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The Crisis in Greece Threatens European and American Economies
The crisis in Greece is threatening the European and American economies. Read Andrew Sullivan’s solid roundup HERE. Also be sure to read The Christian Science Monitor’s take on the crisis.
One Response to “The Crisis in Greece Threatens European and American Economies”
It doesn’t matter what they call it the “plan” is a bailout for the TBF banks and the world economy – the Greeks are screwed no matter what. And it just postpones an inevitable collapse so the looting can go on a little longer. The Greek people don’t want to be “bailed out” and the German people don’t want to bail them out. Rumor has it that the wealthy elite in Greece is leaving because they know the plan will require them to pay the taxes they have been evading for years which is a major reason Greece has the problems it has.