The Greeks default – yes, they have. Loads of money for bailing them out. A 50% “voluntary” haircut for private bond holders (such as Greek pension funds….) and this still doesn’t trigger a CDS event? Fuck me.
Anyway, with possible cut in their debt, followed up with a >E100bn loan from the IMF, the Greek economy is still now even more woefully fucked that before. And that’s saying something.
Meanwhile, behind the scenes we have this….
Bollocks
Give us your money within 7 days. You can’t sue us or anybody working for us. We can sue you.
How much longer until we rise up and leave this piece of shit dictatorship????
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