Eurozone finance ministers fail to reach deal on badly needed loan for Greece

  • Article by: CARLO PIOVANO and DON MELVIN , Associated Press
  • Updated: November 20, 2012 - 11:00 PM
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comment229Nov. 21, 12 4:27 AM

This is such a farce. Greece is so far in debt that "up to its eyeballs" doesn't even begin to describe it. Greece has a choice now; make all its citizens paupers with extreme austerity for generations to come, or declare bankruptcy and start over. Several European countries, and one in particular, are making a ton of money off the interest on this deal. Now watch if Greece defaults, and that country will be screaming. It just gets old.

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comment229Nov. 21, 12 4:28 AM

I wonder what the Greek citizens would say if you walked up to them and say, "So, how's this new philosophy called the 'global economy' working out for you?"

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