Wednesday, June 29, 2011

Greece Austerity Package passes first hurdle!

The Greek Parliamentarians have saved their pay packages for a few more days, possibly weeks and perhaps even months. The end of the agony for the people of the EU will therefore continue far into the foreseeable future.

Ludicrously, financial markets across the world have greeted the news of the passing of the Greek austerity package in their Parliament with rises.

The Central Banks of the world can continue printing their worthless banknotes, while what they can purchase gets ever less.

Labels: ,


Post a Comment

<< Home