Innocent Accused wrote:
Solihull Exile wrote:
In The Know wrote:
Oh dear ... its seems that ITK was right yet again !

Greece goes bust (almost) after its credit rating was cut to CCC, the lowest in the world.

- news.sky.com/skynews/Home/Business/Greec...t_Level_In_the_World

Greece goes bust,and those prats in government look like spending our money on a rescue!
Remember doris we're talking real economics,not home economics

Hilarious SE

Glad u liked it IA,looks like we'll only waste a billion on this one,wonder how many libraries that could have saved...or bombs to kill civillians

For anyone interested in what really lies behind the situation in Greece and other countries, and the real reasons behind all this 'deficit' and 'debt' mallarky, I strongly recommend 'Debtocracy' (link below) an independent documentary made in Greece. It shows the IMF in an appalling light (no surprise there really).

The way the IMF works to get countries to transfer debts from the banks onto the public purse is not only happening in Greece... think closer to home, anyone?

I'l start a new thread about the film tomorrow in case it gets lost in this thread, but for anyone who wants to watch it, the link is below. (The English subtitles are easy to follow and many of those interviewed are speaking in English anyway)

Look forward to adding my views to your full post tomorrow...there is after all always 2 sides to every story.

I believe bankruptcy should be encouraged in Greece and then much of the Third World can also declare themselves bankrupt.

The rich nations (us) keep these nations in poverty by holding them to debt they cannot pay-it's a form of slavery.

Do what those who run corporations do..and start from scratch.

It's all an illusion anyway.

Solihull Exile wrote:
Look forward to adding my views to your full post tomorrow...there is after all always 2 sides to every story.

there is indeed, SE. I'll post later on and look forward to hearing your views