vrijdag 17 februari 2012

Greece: The "Debt"-line is near

There has been much talk about Greece defaulting on 20 March 2012. I can't agree more on that statement. By 20 March, Greece needs to pay $US 18 billion in bond payments. In 2014 their $US 100 billion debt matures Here's why I think they won't be able to pay off their debt: Greece: The "Debt"-line is near

2 opmerkingen:

  1. NBG will make me weathy. bankers bail out bankers. US set the bar.

  2. Looks like you don't shun risk. Be careful though, as this artificial propping up Greece can at any time be removed. Then it's like Coyote falling into the ravine.