GREECE WILL FAIL

i think the Greek legislature passed the austerity bill required for their bailout to proceed. the people are rioting.

it will fail.

the economy is shrinking; people are leaving Athens for the country to subsistence farm.

Greece will default. they should never have been allowed into the euro, they should never have been loaned hundreds of millions of dollars. and by the way, the 100 billion haircut covers only private sector holders of Greek debt, not entities like the IMF or the ecb. why? why are their bonds better than private bond holders bonds?

by the way, the Greek economy is comparable to Delaware,