jurgen keeps buying, page-50

Adventra,
it's called bail out... After that countries that have bailed out Greece, etc will re-structure the loan so they don't default. Defaulting is bad for the country loaning the cash and the country burrowing the cash. So no default will occur. The problem is that the economy of the countries that are being bailed out will slow down, thus have impact on global economy.

First is to get bailed out, make terms of repayment look good so bail out can be passed through. Second step is re-structure loan so no default on repayment. We have seen the same thing get played out over and over again in past 2-3yrs. 1st world countries credit rating still strong they will be able to burrow to stimulate growth and contribute to global economy.

If there is a problem and it effects the well being of 1st world countries it will get solved. On the other hand if there is a problem that only effects few 3rd world countries then no one gives a damn... The way it works in the global economy. Much different than the depression, was no such thing as globalised economy then...