This is a bailout on a continental scale, and I have a hunch that the Greek financial crisis was rigged from the start by the globalist elite through their banks (even the Greek central bank) and the EU, and it is the same EU that is handing out bailout money to the debt-ridden Greece on a silver platter.
But, is the EU going to put strings on this (prohibiting any more deficit spending) that will cause riots from one end of Greece to the other.
It’s not a bailout, read the agreement, it’s just a trick hoping to lower the borrowing rates for Greece without spending a dime. This supposed agreement, kicks in only if Greece can no longer borrow from the market, and even then Germany and others must agree again.
For example, if Greece can borrow at 10%, no agreement kicks in. Now, at 10% or even 6% Greece will have to call IMF and probably exit EU to avoid their upcoming penalties for deficits.
USA will be begging europe for a bailout sooner rather than later.
Digging deeper.
Greece can get all the money they want.....at free market rates, which for a lying, cheating, Bull Sh..tting ‘government’, with no popular support...is a high rate.
Well, basically, Europe and the World governments blinked. Greece held a gun to them, and they folded.
So, the pattern has been set.
This drachma drama is just starting.
Free money, now, in Greece. Line up, everybody.