D D as in Default Decision.<\/p>\n
Greece doesn’t have the money to pay the interest on its debt, send out pension and retirement checks and pay its employees.\u00a0\u00a0 Raising taxes has just slowed the economy even more and reduced revenues.<\/p>\n
The money people are meeting in Luxembourg today to agree to all open their wallets to bail out Greece again.\u00a0 While Germany has said it will, they won’t do it by themselves.\u00a0\u00a0 It’s put up or shut up day.\u00a0\u00a0\u00a0 If the European Central Bank starts bouncing the checks from Greece, probably this group is deciding how to crash the plane into the ground causing the least amount of damage.<\/p>\n
So far things are fairly quiet.\u00a0\u00a0 Asia didn’t have any insight into what is going to happen.<\/p>\n","protected":false},"excerpt":{"rendered":"
D D as in Default Decision. Greece doesn’t have the money to pay the interest on its debt, send out pension and retirement checks and pay its employees.\u00a0\u00a0 Raising taxes has just slowed the economy even more and reduced revenues. … Continue reading