house.gov CampaignForLiberty.com last week reminded us that we are not the only country with a strong economic turbulence. The greek government is the latest to come close to its default of a debt. Greece has not made enough money in its treasury, even the minimum payments that are due now. The debt is about 120 percent of their gross domestic product and the public sector absorbed around 40 per cent of GDP. Any discussion on the costs andProblems with strong protests from many Greeks heavily dependent on government subsidies met. Mounting fears of default, sent shock waves through all their creditors and the euro area countries. But there are statements from the European Central Bank made to calm fears and to assure you that Greece is the help they need has been received. The terms of the agreements are not forthcoming. It 'possible that our Federal Reserve has a hand in rescue operations for Greece? The fact is that we do not know, andlaws, free trade agreements between the Fed and foreign central banks protected from disclosure, or auditing. Greece is the latest in a series of countries that have faced this kind of crisis in the recent past. Not long ago the same kind of concerns have been mounting against Iceland and Dubai. Several other countries (Spain, Portugal, Ireland, Latvia) are approaching crisis levels and debt. Many have strong links with Goldman Sachs and the case could easily be made that the rule...
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