As I understand it, Greece is NOT helping to save the Euro. The Syzria party is totally against austerity. Against the German demands to take on more debt and cut back on spending. They seem to believe that going over the cliff will somehow save them.
Exactly wrong. You don’t bleed an economy with prudent fiscal management. You bleed it with profligate spending of money you don’t have (keep begging to borrow). Eventually, you can bleed it dry as there’s no more willing lenders Greece comes to mind right away here.
President Obama, he says, was “deeply worried” about Berlin’s designs.
yup- delinquents are always the victims to the child in the White House while those who pay the bills are vilified...
The fiscally prudent (i.e., you get whatever wealth you work for and create) countries in the European Union should tell the slacker, parasitic country Greece to suck eggs-—don’t give them another Euro cent!