Showing posts with label euro. Show all posts
Showing posts with label euro. Show all posts

Tuesday, 7 February 2012

Over Greece and Its Possible Technical Default...

Over Greece and its technical default: it should have been the following
GDP and state budget
Deficit -> soothed by ECB, also called inflation
Debt (increased or not)
----------------- line drawn
Deficit of other countries
Allowance of deificit admitted to all Euro countries
------------------ line drawn again (possibly pushed to increase state debt)
Sum is [number]
-> Result "permitted by the EU of the Euro countries"
--> Ejection from the Euro (if ever), yes or no?
---> Rolling on to next year! Goodyear? :-D 8-D (with summer too!)

Let's not forget that Greece is FAR AWAY from the collapse in Mozambique!
From under Robert Mugabe and the revolt against "white oppression" which led to drought and chaos... and the plummeting of their currency!

Note: First written to Facebook under my profile, moments ago.