It seems quite dramatic : Ten days to save the EU.
Common-sense will prevail, and there is therefore always hope in the collective wisdom
of people and nations to survive and get out of one crisis at a time.
1) All seem agreed. The Greek debt needs a long haircut, one that will be in harmony
with the rest of the players in the Symphony of Recovery. Nearly 24.52 Percent on
Ten Year Greek Bonds is just out of synch against other European countries debt at 6 percent to 12 percent. On this, it would be rational to have the Greek debt interest
cut to 12 percent or so. Otherwise they are being treated like a cocunut growing
island in the Galapagos, who God bless also.
2) If the EU fraternity give the Greeks their full support, which they seem to be
saying they are willing to do, then I think the situation will be saved, in the nick
3) As the world has just got out of a long recession, I think all are determined that
there should be no follow-on. Therefore, if the investors accept reasonable return
on their loans to Greece, they will help save us all, including themselves, the whole world economic infrastructure.
4) So, by tele-conference and Fax, all can agree quickly, and help save us all.
God's blessings be upon us all.