Greek Bonds Drop a 7th Day; Bund Spread Widens on Budget Woes
“Greece continues to look like a slow-motion train crash,” Steve Barrow, head of Group of 10 currency strategy at Standard Bank Plc in London, wrote in a report.
“The crash has not occurred yet but it is coming.
Efforts to avoid a crash seem doomed to failure, whether it’s emergency loans or some other initiative."
The answer to this problem is simple.
Less government spending, workers and insane retirement benefits.
Sadly, every government (and most in the world wide MSM) are looking everywhere else for a solution.
We are doomed unless a Ronnie or Maggie lands in our world soon!
“Greece continues to look like a slow-motion train crash,” Steve Barrow, head of Group of 10 currency strategy at Standard Bank Plc in London, wrote in a report.
“The crash has not occurred yet but it is coming.
Efforts to avoid a crash seem doomed to failure, whether it’s emergency loans or some other initiative."
The answer to this problem is simple.
Less government spending, workers and insane retirement benefits.
Sadly, every government (and most in the world wide MSM) are looking everywhere else for a solution.
We are doomed unless a Ronnie or Maggie lands in our world soon!
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