The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Tuesday, November 29, 2011
Eurozone Finance Ministers OK $10.7 Billion Greek Loan
You are going to love this one! The Associated Press reports that "Eurozone finance ministers have approved $10.7 billion bailout loan installment for Greece." Now get this. "The EU had demanded, and received, letters from the leaders of Greece's main political parties pledging support for tough austerity measures to get the loan." How often have we heard this statement by Greece? To be honest with you, I can not count that high! And, where will the EU get the $10.7 billion? Oh, it will simply print it, just like our Fed. The game is just about up. No one believes that the EU will survive. Who are they really trying to fool? I guess themselves. Good luck with plan, but there is always the next plan.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment