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

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2 opmerkingen:

  1. Marl21 februari 2012 om 22:04

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

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  2. katchum21 februari 2012 om 22:16

    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.

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