bankers

Greece: No deal! Fund Managers expect Default. Haircuts?

It looks as if there is no deal. And there was never a  deal in place that should have, realistically or rationally, caused  the stock market to rise today. That is, if the stock market was anything but a rigged casino game? Yes, the house always wins! In fact it is unlikely there will be any deal before the end of this month! So another 8 days to go. So here are two news items:Most fund managers expect a Greek default

Greece Under Siege: The EU Trap?

The Grexit. Will it happen? Is it possible? The writer of this oped presents a case in which the EU traps Greece within it's structure and by virtue of it's edicts forces Greece's Syriza government to deliver more misery to the Greek people.(I beg to differ, there are always ways around the banking tyranny) How Greece will be trapped inside the euro