Κυριακή 2 Οκτωβρίου 2011

Greek debt crisis

After many conversations with friends and associates I have decided to finaly publish, at least in part, the Alexander the Great Plan. Sure it might sound strange and one may be unsure of how great a plan it realy is but here are some of its key points. It all was set in motion in 2008 with a wave of borrowing and lending aimed to buffer the wounds that our economic allies were suffering from losses in overseas investments. Europe is of course forced to invest in the US economy so that it may continue to enjoy robust economic growth inspite of shrinknig exports to the US. A wise move to offset a trade imbalance and to keep dollars flowing inspite of the stronger euro. So everytime a large corporation in the US goes belly up it of course drags down many many euros. Billions in fact. Like far away dying galaxies european investments in the US market have dissapeared more than once. The latest crashes included many toxic products that were gobbled up by European bankers who are now scrambling to fill in the black hole. Many may not want to admit to the legacy of the Bush years and its multibillion dollar bankruptcies and nonexistent regulation of financial markets. Many may want to blame our little country for their woes. Few realize the intricate workings of the Alexander the Great Plan...

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