Article

2011-05-30 Europe

Greece set for severe bail-out conditions

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Posted by tipper 2011-05-30 00:02|| || Front Page|| [8 views ] Top

#1 unprecedented outside intervention in the Greek economy

....which could have included a stern warning form Communist China, had the Greeks a foreign policy and military.

Posted by Besoeker 2011-05-30 00:53|| 2011-05-30 00:53|| Front Page Top

#2 For Sale,

One aged Socialist Country. Must be able to pay debts and support aging overpaid early retirees and their dependants.

This has a lot of history. Might serve as a bad example - if anyone would listen.

Must Sell! Cheap!

Inquire: Office of the President - European Union.

Posted by CrazyFool 2011-05-30 01:43|| 2011-05-30 01:43|| Front Page Top

#3 Don't bail any of them out. They're supposed to be adults - let 'em sink or swim on their own.

And no, we shouldn't have "bailed out" GM, the banks, etc., here, either. It's only made us measurably worse off. If you're "too big to fail," you won't fail. (Though size isn't really the issue, is it? It's lack of real leadership, union greediness, and pandering politicians.)

Posted by Barbara Skolaut 2011-05-30 09:41|| 2011-05-30 09:41|| Front Page Top

#4 This is a terrible idea "including international involvement in tax collection and privatization of state assets" When Nationalism kicks in history will repeat itself. Especially if things get worse.The EU will with willful ignorance or even willful arrogance fan the flames of Nationalism. Why is it always more money that is the fix?. What next should this fail and it will. Nothing is being done to stop the bleeding. Transfusions at one end and blood loss at another. Modified Marshall plan based on capitalism of its people and industrial development not handouts not more socialism. Rather a nationalism of a people to work for their own betterment and to help others less able. The pass it on idea. Naive perhaps. Wishful thinking maybe. Better choice possibly. "Which shall it be" H. G. Wells.

Posted by Dale 2011-05-30 11:24|| 2011-05-30 11:24|| Front Page Top

#5 It has been a long term problems.

Posted by newc 2011-05-30 11:54|| 2011-05-30 11:54|| Front Page Top

#6 change in repayment terms for private debtholders

Otherwise known as a default.

Posted by phil_b 2011-05-30 22:39|| 2011-05-30 22:39|| Front Page Top

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