Sunday, July 5, 2015

Greece has become a battleground for the worst ideas of the 20th century

There will be no winners in this showdown between Left-wing fantasists and the European project’s true believers

1 comment:

Anonymous said...

“The problem with socialism is that you eventually run out of other people's money.”

― Margaret Thatcher

It would seem that Greece is quite close to running out of German patience if not German supplied euros.

Meanwhile, much closer to home yet strangely not in the news at all is the fact that the government of Puerto Rico says it cannot make payment on it's various government and government insured bonds. Those bonds are all denominated in good ol' U S of A dollars. The impact is already being felt here in South Florida.

Guess who is on the hook for that! Hint: which country has the second largest population of Spanish speakers in the world?