Wednesday, July 13, 2011

Greek default coming


Definitely they owe too much money. Well, now they simply cannot pay. It is a tragic tale for all of us. Well, we feel sad for greece. This is a major debt crisis. OK so some say that they could see this crisis a mile away. Hey, this might be so. Credit rating agencies have long been issuing warnings. That said, this crisis like so many other will hit hard the very poor. Greek ships are important in global trade and what we see coming up is very grim.

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