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To: KarlInOhio

I think it means foreign banks now thing Greece’s debt is “unsafe at any price”


8 posted on 04/07/2010 9:36:44 AM PDT by NeoCaveman ("workers of the world unite, it's not just a slogan anymore" SEIU's Andy Stern)
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To: NeoCaveman
Would I be correct in saying that if Greece says "We cannot pay", then they would be said to be "in default"?

And what we have here is tantamount to the foreign banks saying "We've just figured out that you couldn't pay us if you tried"?

12 posted on 04/07/2010 9:54:57 AM PDT by ClearCase_guy (We're all heading for red revolution -- we just disagree on what the red really means.)
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To: NeoCaveman

Dontacha know that Germans were nazis 70 years ago?? That’s what screwed the hardworking Greeks... /s


14 posted on 04/07/2010 11:37:50 AM PDT by mainsail that
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