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There is no political will in greece. they borrowed 138 billion and they need 152 more. they are headed for default whether they accept the ball - bailout or not. that has implications for all of us. it has affected the rest of europe and the germans don t want to hold up the euro anymore. german people are opposed and holding up countries that don t want to be bailed out. it be doesn t look like it will last. greece as wendal pointed out in his piece. lehman brothers or closing down a bank. it is a country that remains there and a factor in all kinds of economic decisions in europe. and here in the u.s.. other count reese went through default and came back and survived. the problem with greece i think, that you have twen percent of the population that is working for the state. ....
There is no political will in greece. they borrowed 138 billion and they need 152 more. they are headed for default whether they accept the ball - bailout or not. that has implications for all of us. it has affected the rest of europe and the germans don t want to hold up the euro anymore. german people are opposed and holding up countries that don t want to be bailed out. it be doesn t look like it will last. greece as wendal pointed out in his piece. lehman brothers or closing down a bank. it is a country that remains there and a factor in all kinds of economic decisions in europe. and here in the u.s.. other count reese went through default and came back and survived. the problem with greece i think, that you have twen percent of the population that is working for the state. ....