Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: John W

So how many meters down the road did they kick the can this time?


2 posted on 07/13/2015 2:02:27 AM PDT by jalisco555 ("In a time of universal deceit telling the truth is a revolutionary act". George Orwell.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: jalisco555
Not a linear measurement. But I'm sure you know that.

This is a temporal measure. Depending on German politics this could last as long as 6 months.

"...Greece could have faced bankruptcy..."

Statements like this kill me. GREECE IS BANKRUPT. GREECE IS INSOLVENT. The rest of Europe is not going to pay off Greek debt. Greece cannot float a bond issue. The only thing this agreement has done is, maybe, inject some liquidity to the banking system. It does not change any of the facts.

3 posted on 07/13/2015 2:19:30 AM PDT by Former Proud Canadian (Save Western Civilization. Embrace the new Crusades.)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson