http://votsalakia.net/blog/2010/03/01/is-greece-bankrupt/ Votsalakia Samos Greece Thu, 20 Oct 2011 19:47:22 +0000 hourly 1 http://wordpress.org/?v=3.3 http://votsalakia.net/blog/2010/03/01/is-greece-bankrupt/comment-page-1/#comment-83 blue monkey Tue, 11 May 2010 01:57:52 +0000 http://votsalakia.net/blog/?p=39#comment-83 Greece and Spain won't pay back. This was a calculated Risk, and a Lesson for the Banking System. The only thing Germans can do is: REPOSSESS 170 Leopard 2AEX Battle Tanks from Greece, and 190 Leopard 2A6E Battle Tanks from Spain. U.S.A must REPOSSESS 170 F-16 Jet Fighters from Greece, … the rest is gone with the wind …forever … Greece must stop paying lucrative pensions with borrowed money, reform the free health care system, and cut down, 4 times the military budged. Greece’s problem is too much debt. Greece has a budget deficit of 12.7% of GDP – meaning that the country is spending 12.7% more than the value of one year’s economic output. Greece is no different to a serial credit card borrower who can’t pay back his loans. But just like a serial credit card borrower, as long as Greece keeps relying on borrowed money to fund itself, the problem won’t go away. It will just get worse. http://www.defenseindustrydaily.com/Greece-in-Default-on-U-214-Submarine-Order-05801/ Don't worry; the ECB, the Fed or both will print the money. And all of us will share the pain, with our hard-earned money. Bad is never good until worse happens. Greece and Spain won’t pay back. This was a calculated Risk, and a Lesson for the Banking System. The only thing Germans can do is:
REPOSSESS 170 Leopard 2AEX Battle Tanks from Greece, and 190 Leopard 2A6E Battle Tanks from Spain.
U.S.A must REPOSSESS 170 F-16 Jet Fighters from Greece, … the rest is gone with the wind …forever …
Greece must stop paying lucrative pensions with borrowed money, reform the free health care system, and cut down, 4 times the military budged.
Greece’s problem is too much debt. Greece has a budget deficit of 12.7% of GDP – meaning that the country is spending 12.7% more than the value of one year’s economic output.
Greece is no different to a serial credit card borrower who can’t pay back his loans. But just like a serial credit card borrower, as long as Greece keeps relying on borrowed money to fund itself, the problem won’t go away. It will just get worse.
http://www.defenseindustrydaily.com/Greece-in-Default-on-U-214-Submarine-Order-05801/
Don’t worry; the ECB, the Fed or both will print the money.
And all of us will share the pain, with our hard-earned money.
Bad is never good until worse happens.

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