Sunday, 25 September 2011

Greece Should be Bankrupt

Greece should have defaulted in May 2010 when it first needed to be bailed out. Instead the European Union and the International Moneterary Fund continue to lend the debt laden country 100s of billion of dollars. More than $300-billion in total and the debt is climbing. In my opnion if the country had defaulted last year the world, Greece and the other E.U. nations would be better off.

Read more on my blog.

1 comment:

  1. The craziest thing amid all this stuffs about Greece getting bankrupt is that all those bailouts made by the US Treasury and the IMF to that debt laden country only went to the pockets of the Greek multinational CEOs. debt settlement attorney