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"Adolf Merkel": Presenting The Greek Gratitude For The 50% Debt Haircut

By: capt_nemo in ROUND | Recommend this post (0)
Sat, 29 Oct 11 1:19 AM | 52 view(s)
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Msg. 35918 of 45651
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One would think that considering that their debt, or rather about 60% of it, was haircut over the past 2 days, the Greeks would be grateful to Germany who not only orchestrated this transaction over the vocal protests of her French vertically challenged counterpart, but effectively has pledged a substantial portion of German GDP to preserve not only the Greek welfare state but soon that of all the other European countries. One would be wrong.

Comments: 347
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http://www.zerohedge.com/news/adolf-merkel-presenting-greek-gratitude-50-debt-haircut

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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