Thread: Greece Bailout
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Old 02-11-2011, 13:42   #12
Acrylic-bob
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Re: Greece Bailout

There is more to this referendum than immediately meets the eye. It appears that the Greek PM was pushing through the law which permits referenda, last summer. At the same time he was huddled around the table with Merkel and Sarkozy arranging the bail out. The inference being that he planned this all along. Either he is trying to shaft the Germans for what they did in the war or he is trying to ratchet up the size of the haircut the banks will have to take, or both - hell, why not. It's not as though they have much to loose now.
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