[Olog-hai]

Wonder what Ireland and Portugal gave up in exchange for the extra time. Most likely their sovereignty, i.e. if they haven’t given up trying to hold on to it already. And the gold grab precedent, never mind the savings grab precedent, will be engaged in at some future date. “A province once again, a province once again . . .”

[JustTheTruth]

Everyone knows that the sovereigns will NEVER repay their unpayable debts. Instead, it IS about maintaining indefinitely the ILLUSION that they will so so. The Ponzimonium can continue if the illusion can be maintained. Keeping the big lie alive prolongs the game. Perpetual financial Viagra.