This is essentially free money. It wonât be paid back and I can almost guarantee few of these fire sales of publicly-owned Greek assets are likely to be allowed. This is hilarious and ridiculous at the same time. The end game is default or debt haircuts or debt forgiveness in Greece if we continue to play this game; something we have said since this crisis started. But apparently we may all be underestimating the Greek politicians. Maybe we shouldnât given Greeks originally taught the rest of the world a few things about philosophy, reason, democracy and science. Manipulation seems to be the latest lesson.
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