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

To: Rockitz

there was never any way to avoid them needing more and more loans. It was apparent in 2011. Europe, the EU, Merkel, The IMF, everyone knew. All they did was,as correctly termed back then, was to kick the can down the road.


29 posted on 07/05/2015 2:48:08 PM PDT by wiggen (#JeSuisCharlie)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: wiggen
there was never any way to avoid them needing more and more loans. It was apparent in 2011. Europe, the EU, Merkel, The IMF, everyone knew. All they did was,as correctly termed back then, was to kick the can down the road.

Yes, but in 2011 they needed to kick the can down the road. They may not need to now.

31 posted on 07/05/2015 2:50:38 PM PDT by PAR35
[ Post Reply | Private Reply | To 29 | View Replies ]

To: wiggen
All they did was,as correctly termed back then, was to kick the can down the road.

Just as we are doing, our time will come.

35 posted on 07/05/2015 3:06:39 PM PDT by dfwgator
[ Post Reply | Private Reply | To 29 | View Replies ]

To: wiggen
"All they did was,as correctly termed back then, was to kick the can down the road."

Yes. Bondholders took haircuts years ago. That is, parts of their investments in Greece were simply written off--taken. Any more loans would only be further insanity.


69 posted on 07/05/2015 8:22:21 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
[ Post Reply | Private Reply | To 29 | 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