Sunday, June 28, 2015

Greek tragedy

Its time to pay up, its simple as that.
It is astounding that Greece demands more money while not agreeing to reforms from its lenders.
Real Chutzpa!
The Greeks you see are extorting the world.
They understand that world markets will fall and are hoping to extort another loan with little conditions from Europe and beyond.
Its a good ploy sort of in the short term as the markets are crashing.
The Europeans know this would happen but could not continue to give free money to Greece endlessly.
The buck er Euro has to stop somewhere.
In the long term this may be a good thing as the Greek debt issue will not weigh on any world markets anymore.
That may give non European markets the push to have a long rally after the mini crisis happens.
The worst is yet to come.
A real Greek tragedy.

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