1870... Greece has got big budget problems... still 20100316 19:51
- Mashup credits
- - http://filingbankruptcyinsouthcarolina.com
- - http://upload.wikimedia.org/wikipedia/commons
L'état de banqueroute perpétuelle dans lequel se trouve le gouvernement
hellénique. L’équilibre du budget grec n’est qu’une fiction. La dette, qu’il
est tout à fait impossible de payer, s’élèverait à plus d’un demi-milliard,
soit à plus de trois cents francs par tête, si l’on n’avait depuis longtemps
négligé de payer les intérêts des premiers emprunts... "Elisée Reclus" circa 1870...
Reading
- - Nouvelle géographie universelle(1/19)
- - Élisée_Reclus http://fr.wikipedia.org/wiki/Élisée_Reclus
- - using http://stanza.lexcycle.com.
- - Sent from my iPhone
Bankruptcy is a legally declared inability or impairment of ability of an
individual or organization to pay its creditors. Creditors may file a
bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort
to recoup a portion of what they are owed or initiate a restructuring. In
the majority of cases, however, bankruptcy is initiated by the debtor (a
"voluntary bankruptcy" that is filed by the insolvent individual or
organization). ... http://en.wikipedia.org/wiki/Bankruptcy
History seems to be same facts again and again...
- My point is one should not rescue Greece...
- ... as one should not have rescued banks in 2008...
- What is YOUR point?
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