Former Greek Prime Minister Lucas Papademos told Dow Jones Newswires that preparations for an exit of Greece from the euro zone are being considered, and said the scope to renegotiate the loan program would be "very limited."
http://online.wsj.com/article/SB10001424052702303610504577419772351691252.html?mod=WSJ_hp_LEFTWhatsNewsCollection
This is what happens to paper money when central banks have the ability to print money out of thin air!
ReplyDeleteThe Printing press has to come to a complete stop.
These are all reasons why people should own gold and silver,no etf take delivery of the metals!
Take my advice you will thank me later.
A.
The Greek government is just playing the media and EU with these teaser "preparations for an exit are being considered" comments. We all know that Greece is going to leave the zone, they will default on their debt, and the CDS meltdown will take out the financial system. Can the greeks just please get on with it? Enough of this in and out stuff. Just freaking do it already so we can begin moving on.
ReplyDelete