The Mudcat Café TM
Thread #157574   Message #3719753
Posted By: Donuel
29-Jun-15 - 10:35 AM
Thread Name: BS: Greece in meltdown? What do you think?
Subject: RE: BS: Greece in meltdown? What do you think?
Greece will not pay in pounds
of flesh.

They will just have to delay and reorganize for decades like they already have.


This month they owe about 3 billion and the next payment goes up to 15 billion.

A haven for the rich to not pay taxes is an old republican trick.

As long as banks consider themselves the center of civilization show downs will happen.

We had a recent showdown caused by banks and lost. We lost cities schools space programs jobs state economies highways streets and neighborhoods.

Puerto Rico owes 17 billion

Ultimately these debts will be written down unless banks start to accept pounds of flesh.

After all the real damage done by banks it really does come down to real pounds flesh.