http://ProvenAutomatedBiz.com
http://MobileCashEngine.com
http://Technology-pennystocks.com
http://MobileCashEngine.net
The European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) have been in Athens reviewing Greece's debt reduction programme.
It is proposed to expand the effective lending capacity of the European Financial Stability Facility (EFSF) to 440bn euros ($600bn; £383bn). Come who are they all fooling Greece is heading for an "orderly default".
The fund would also be empowered to buy eurozone government debt and offer credit lines to member states and to banks. Top EU officials urged the country on Wednesday to ratify the bill swiftly. The Spanish and Italian economies are far bigger than those of Greece, Portugal and the Irish Republic and the European Union would struggle to bail them out if that became necessary.
The financial markets, and stop contagion spreading to other debt-laden European economies. Can the IMF stop the bleeding or is it to late. Should they shore it up or let it fail. What is the best way, do we all really need money? What if the globe would suddenly stop all use of money for trade of purchases. Would it be so bad that we all are on the same field or to stop the rat race.
If you look over this graph what does it say to you good or bad. Italy and Spain are coming down the path of "HELP" calls IMF. I have to admit the US is in its own financial trouble, we just need to elect conservatives to office and a President and our country will boom back to the top of the food chain.
No comments:
Post a Comment