the greeks are gonna require a bunch of billions of euro's (why bother counting at this point) just to keep the country afloat over the next week or so.
they already owe somewhere in the neighborhood of 300 billion euro's. the economy is tanking. people are talking about "loaning" them another 100 billion euro's.
surely they jest.
i don't think anyone has any idea how much money is going to get poured into the poor distrought country in the next 10 or 15 years. (well, wouldn't you be distrought as the thought of getting to spending another 200 billion euro's without any prospect of ever being able to pay back. i know i would personally be giddly at the distroughtness of it all. out of my mind distroughtness, and laughing all the way to the front of the welfare line.)
somewhere down the line greece is going to owe the euro union in the neighborhood of 4 or 500 billion euro's, by the time all the pussy footing and hanky wringing gets done, and the accountants just say, hey, they cannot pay it. ever. it is physically and financially impossible.
that's a lot of ouzo and cucumbers.
someday someone is gonna have to face up to facts, and acknowledge that it is all impossible.
so, what is the point of spending good money after bad?
as this goes along greece gets babied. and, while the euro union bureaucrats are babying the greeks, they are bullying the rest of the euro union members into submission. the phrase arrogant bastards ring a bell?
it is beyond my comprehension. it's got great entertainment value, the silliness of these pompous idiots running around pretending that "they've got a handle on the situation." i really don't mind, i've never been much of a fan of the euro union, regarding it as something of an idiot's pursuit. and, i don't mind seeing it fail. but, it remains beyond my comprehension, and i cannot understand why the europeans seem entirely incapable of grasping the reality of the situation.
funny. pathetic. and, quite frankly, tiresome. folks, it is not gonna end well.
john jay @ 07.15.2015