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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: Haim R. Branisteanu who wrote (64009)5/31/2010 4:30:56 PM
From: Golconda2 Recommendations  Read Replies (1) of 217769
 
if everybody acknowledges that greece can't pay it's debts what is the issue with admitting that now?

if the restructuring is delayed by 16 to 20 months the losers will be those who have to contribute another €30 billion or so in the meantime.

I have no issue with anyone losing their shirts whether they be Soros and co, the greedy bankers lending the greeks money in the first place or indeed the greeks themselves for borrowing money which they could not repay.
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