http://www.bloomberg.com/news/2012-02-08/greece-pledges-20-cut-in-country-s-minimum-wage-level-draft-accord-shows.html
I am sure it will be a peaceful resolution where all the Greeks come together and sing kumbaya and thank the bankers for their new found Austerity.
NOT! prepare for major riots in Greece for sure.

How do you take 20% from nothing? I dont get it. 60% of them are unemployed as it is. The US should be taking notes. NEXT!!!
ReplyDeleteFace it, its not really a 20% haircut, most of this NEW found money will go strait into the hands of the bankers and Bond holders.
ReplyDelete