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To: elpadre

Germany’s making a ‘pity/desperation loan’ - it’s amazing they or anyone would loan the Greeks money.


7 posted on 08/27/2012 7:59:17 PM PDT by GOPJ (Politics is war without bloodshed, and war is politics with bloodshed. - Mao Tse Tung. We're at war)
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To: GOPJ
Germany’s making a ‘pity/desperation loan’ - it’s amazing they or anyone would loan the Greeks money.

It was either that or the Greeks would have defaulted already, left the euro and crashed the whole house of cards. To delay that the Germans added another layer of cards to the whole unstable pile.

9 posted on 08/27/2012 8:18:31 PM PDT by KarlInOhio (Recycled Olympic tagline Shut up, Bob Costas. Shut up! Shut up! Shut up! Shut up! Shut up! Shut up!)
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