Friday, June 5, 2015

Greece Action Imminent

      So, down to the wire: President Tsipras is ready to take a deal.  Finally, EU leaders were able to construct a final offer of a take-it-or-leave-it plan.  Details have not been made public-good move.  The last thing Greeks need is a riot of upset citizens.  We'll know more as soon as the Greeks get on board and can formulate talking points to the press.  Hopefully, the terms will include a haircut for bankers who rolled the tiny Mediterranean nation, continually giving them funds despite their obvious inability to ever pay it back.   It's akin to giving credit cards to the poor: it creates a life of endless debt, and the bankers know it.  Damn the greedy bastards.
Stay tuned-more news on the way.

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