Professional Soldiers ® - View Single Post - Greece draws up drachma plans, prepares to miss IMF payment

**Pete** · 07-09-2015, 18:31

Germany blinks.

So Greece runs up so much debt they can't pay it back so they huff and puff and say it's Europe's fault not theirs.

So it's not a "hair cut" but Germany says it's a restructuring if Greece mends it's ways.

So how many years until this plays out again?

US banks buying Greek debt should not get a bail out.

07-09-2015, 18:31	#15
Pete Quiet Professional Join Date: Feb 2005 Location: Fayetteville Posts: 13,080	And Germany blinks Germany blinks. So Greece runs up so much debt they can't pay it back so they huff and puff and say it's Europe's fault not theirs. So it's not a "hair cut" but Germany says it's a restructuring if Greece mends it's ways. So how many years until this plays out again? US banks buying Greek debt should not get a bail out.
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