An impending bankruptcy in Greece and its exit from Euro are subjects of much speculation these days. However, the circumstances are pointing more towards materialization of these possibilities. What will happen if Greece pulls out of Euro? A definite short-term chaos will ensue, but may eventually lead to stability.
Stunning, awe-inspiring, fragile, stimulating, peaceful, fun, legendary, your gourmet’s excite, in the past significant, culturally vibrant and sophisticated are some of the text to use to describe European union.
When President Kennedy made his historic speech beside the Berlin Wall he was there to support the West Berliners, promote the free world and attack Soviet communism. But now it’s takeover time as Germany bids to seize economic power in Europe.
The inevitable war about to rage through Europe.
Leading experts in Germany, influencing the formation of economic policy, offering to temporarily exclude Greece, the euro, writes on Thursday, the newspaper New York Times.
I discuss what is happening in Greece today — the bailout, the debt, the loss of assets, compare it to the story of Jonah by analogy, and then ask if this could happen to the United States as well.
Greece expects to implement the agreement in August with private lenders to change the Greek bonds held by them in government securities with maturity month, said deputy finance minister on Tuesday quoted by The Wall Street Journal.