gold, page-23648

Greece is just a basket case in Europe. They are equivalent to the Ninja loans with honeymoon period of cheap money over but still demanding they are given more cheap loans knowing they only got their backside as collateral! Bail in with bond holders suffering 50% if I recall then bail out by ECB in order to prop up the German/French banks. Failed state with corruption, ineffective tax collection, bloated and highly over paid civil service are just some of the Greek tragedy.

Even Iceland/Ireland (as I was reminded recently) are coming out of their own crisis stronger.