Category Archives: Greece

Greece’s Great Big Fat Ponzi Scheme

Greece's Ponzi Scheme
Will they, wont they default?  We'll find out soon.... I don't know about you but I'm fed up of hearing about Greece financial situation. The fact is, the politicians have brought this upon themselves by not bringing in tax owed and borrowing too much in the first place. Now here's the situation they find themselves in:1. Greece needed a bailout in order to pay their way. 2. In two weeks time (end of June) they need to make a loan repayment to the IMF of 1.6 billion Euros. 3. In order to make Read more