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Friday, 9 July 2010

If you thought the 'Greek Thing' was fun...

Does anyone 'remember' the Greek Tragedy that consumed the media and FTV talking heads not that long ago?
- BTW, they WILL default. There is NO WAY they can repay all the debt they've piled-on.

Just compare Japan and the US to Greece in these charts.
- And you thought the 'Greek Thing' was fun, huh?

It is not just Anna Chapman asking "how big is it?" ....but many of us productive taxpayers, too. We're asking just how BIG is the sovereign debt problem. No one seems to be 'talking' about that now.
- It's BIG, if you wondered, and not talking about it will not make it go away for real...only in the vapid minds of politicians and the media will it 'go away' (and even then, only until after the next election).

The proverbial 'fat lady' isn't yet singing, but a Greek Chorus of 'fat ladies' is warming up for the final act.
- It will be a tragedy.



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