Greek Tragedy Coming To A Bank Near You
Rather than looking at the results of their past decisions, European politicians are foolhardily rushing in prepared to throw good money after bad, rather than face facts and the hard decisions that are needed.
The first two Greek bailouts were clear failures. Nothing has been fixed. So why would any reasonable person expect that a third bailout is going to be any different, particularly given that Greece's debt mountain has soared making its problems even worse?
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