Tag Archives: Greek Default

Something to Ponder

Posted on March 11, 2012 by DRenegade

Quote for today concerning Greece’s default causing a $3.2 billion liability: The restructuring will shave $138B off Greece’s $487B debt. Non-elected Minister Lucas Papademos called the deal a “historic success”. He continued, “For the first time, Greece is not adding … Continue reading →

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Twenty Issues for the European Union – And Ben Bernanke

Posted on February 3, 2012 by DRenegade

Here are twenty articles that deal with the collapse of the European Union. I wish Ben Bernanke would have addressed these issues better in his Congressional testimony on February 2, 2012. I have a question for Ben: what happens to … Continue reading →

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The Consequences of Fundamental Transformation

Posted on October 11, 2011 by DRenegade

Germany has admitted that they will not force their country to pay for Greece’s fiscal incompetence. Lack of fiscal responsibility that is unchecked will always have consequences when real leadership emerges to address the situation. Whether Germany is just making a prudent … Continue reading →

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