Recent development in a Greece default are rising up as Standard & Poor’s dropped Greeks bonds to “junk-bonds”. This in another fine example of how the carnivorous free market is feeding itself with a big nutrient called speculation. And European leaders and policy are not even helpful at all as they are divided (what a [...]
Filed under: News, Politics | Tagged: Athens, bail-out, Bruxelles, Default, Euro, European Union, Germany, Greece, Merkel | Leave a Comment »