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2010-05-02 Europe
Greek Loan Would Violate IMF Charter
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Posted by john frum 2010-05-02 07:49|| || Front Page|| [5 views ]  Top

#1 Greece can, after all, borrow from the markets, but it will have to pay 7% interest. This can't be a serious estimate. When a country is insolvent, the markets will refuse to loan anything. (Maybe Greece can mortgage its islands.) The EU violated its own standards of existence simply by admitting Greece to their august body. Then the EU played along with all the lies necessary to maintain Greece in its membership. What's one more lie among so many?
Posted by Anguper Hupomosing9418 2010-05-02 15:24||   2010-05-02 15:24|| Front Page Top

#2 Heh, I remember being told to leave Greece for working, lol! Soon, there will be no jobs, even for the people who tell people with jobs to piss off.
Posted by Rhodesiafever 2010-05-02 21:44||   2010-05-02 21:44|| Front Page Top

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