it is useless .. to make the distinction between .. debt ..from a loan-shark .. and debt .. from any entity at all .. be that banks or even states

Opinion: It's Time To End the Greek Rescue Farce - SPIEGEL ONLINE - News - International


"Perhaps, the Greece rescuers on both sides of the negotiating table should try being honest for a change. Here's the truth: If the country is to lastingly reduce its mountain of debt and, at some point, be able to borrow money on the capital markets again, then it needs a comprehensive debt haircut. In other words, it needs to go bankrupt."

you didn't go that far .. what is rotten here .. is the debt structure ..itself ..

113 per cent of 233 .. that makes it .. 263 debt .. the 163 percent of ..218 .. that makes it .. 355 debt ..

the ..263 debt .. shot up .. to 355 in three years .. 35 per cent ..up .. such a return .. not even a loan-shark .. can ever imagine to get ..

just a minute .. it can not be .. whoever .. or whatever entity has arranged .. such debt structure .. is nothing else ..but a loan-shark ..

just a minute .. the very same .. debt structure .. holds for any entity .. that enters such aggreements ..

so what of ..Greece or Portugal or Italy or Britain .. or the very ..rescuer itself ..Germany ..

they are ..all boiling .. in the same pot .. none ..excluded ..

debt structure itself .. eats away .. faster .. than what people produce .. the state's GDP ..

just a minute .. it is useless .. to make the distinction between .. debt ..from a loan-shark .. and debt .. from any entity at all ..

.. be that .. banks .. or even states .. other sovereign states .. they take .. ever too much .. for too little .. usury unadulterated ..


the banks .. investment ..or other form .. the very states .. themselves .. nothing else .. but loan-sharks

Greece ..Portugal ..Italy .. any country .. at all .. should reject .. violently .. such abhorrent construction ..

and what is that .. got to do .. with your precious .. (much-maligned term) .. (abused to the hilt) .. of tax-payers .. they have nothing to do .. with that ..

not to speak of .. the ..tax-payers .. the line of defence .. the attempt .. to seek ..legitimacy .. they are themselves victims

the same .. holds for .. for sovereign states .. for business .. corporations .. and .. human individuals as well ..


contagion .. meaningless word .. it is not a matter of infection .. here .. it is a condition .. a pathological condition .. the whole organism ..consumed .. head to toe ..