A well structured bailout is nothing but a purchase of security deposits. What if Putin wants a Navy base in Greece? He can have it now.
If Putin is dumb enough to bail out failing leftist regimes, Obama should tell him, Make my day.
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A well structured bailout is nothing but a purchase of security deposits. What if Putin wants a Navy base in Greece? He can have it now.
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I don’t buy the view that we have to try to outbid Putin, or to threaten the recipient of Putin’s largesse, whenever a failing commie regime goes to him for help. If the Greeks don’t want to save themselves, we cannot force them to do so; but we can build-up our military and forge alliances with dependable nations.