tag:blogger.com,1999:blog-4900303239154048192.post8080656562528569567..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: EurologicUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4900303239154048192.post-66975861188316910762011-12-06T09:28:57.069-05:002011-12-06T09:28:57.069-05:00Sorry - 'the UK'.Sorry - 'the UK'.Barry DeCiccohttps://www.blogger.com/profile/04735814736387033844noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-40181528386465106942011-12-06T09:28:39.528-05:002011-12-06T09:28:39.528-05:00"Henceforth, after Greece, there will be no m..."Henceforth, after Greece, there will be no more haircuts administered to creditors of sovereign debt. All obligations will be paid in full, no matter what interest rate has to be paid or how onerous the debt service program has become."<br /><br />My observation, as an outside layman, is that this whole crisis was the result of the Big Money (in the K, France and especially Germany) demanding that 100% of the hit has to be taken by others.Barry DeCiccohttps://www.blogger.com/profile/04735814736387033844noreply@blogger.com