Contagion Of Debt Forgiveness, Euro Style

They’re calling it a “game changer” in the Euro crisis.

First Greece, then Ireland, which is already anticipating similar consideration.

Then how do you say no to any other government?

Then – and this is the big part – why should it be only governments?

(h/t Moira Brennan)



Filed under financial crisis

2 responses to “Contagion Of Debt Forgiveness, Euro Style

  1. Alexander

    Global Debt Crisis

    The greatest private fraud of human history. Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy “illness” threaten Democracy and the freedom of people?


    By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total …understand where this plan started just to bring all states at the same end …understand how this type of plans are established…



    • I agree that the people of Greece have been unfairly singled out, and I’m sorry how this has affected many Greeks. You have every right to be upset and I hope we find a decent path through this difficulty.


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