In the news

[Young Master Smeet]

So, the BBC headlines are filled with a small problem in the governing body of an inferior football code[*], meanwhile, Greece is in meltdown:

http://blogs.channel4.com/paul-mason-blog/greece-debt-crisis-unsustainable-ultimatum/3781

By any stretch of the imagination, Greece is already bankrupt,

#Greece Employment figures March 2015: – Employed 3,518,858 persons – Unemployed 1,211,507 – Inactive 3,368,392

Quote:

Greece can’t pay its debts – and the €7bn bailout money it might get in return for more austerity will simply be repaid to the ECB to service those debts.

Fiscally it’s unsustainable; politically the country is paralysed. Meanwhile on its borders with Turkey it’s facing a new flood of refugees it can barely cope with.

 

[*]At most fourth best…

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