... is this our fate, too?
It therefore becomes clear that any bailout package by the EuroZone just delays and amplifies the inevitable default.
The true intent of the bailout package itself also comes into question. Is the EuroZone trying to save Greece, who has clearly rejected the terms of salvation, or is it trying to save its own financial institutions that have invested heavily in debt that will never be repaid without some sort of bailout package?
Can you say ... TARP II? I thought you could. h/t proteinwisdom
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