Some hedge funds have found a legal loophole they believe will force Greece to repay some of its debt in full, three sources close to the matter said on Thursday, in a move that would intensify the standoff between the country and its debtors.
Stacy: There is no loophole to the laws of physics. Debt that can’t be repaid won’t be repaid.
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Time to watch Hotspots: Greece again!
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Stacy Summary: A remarkable question to ask after so many thousands of years of civilization.
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Had to post this for the Sunday funnies featuring Angela Merkel and Nicolas Sarkozy – from WilliamBanzai7!
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We interview Ed Harrison of Credit Writedowns about the Greek debt crisis and about the bond market.
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ATTENTION GREEK FILMMAKERS: List a project on PirateMyfilm.com about how you’re getting screwed by the Troika. I will make sure it gets funded.
Same is true for Irish, Portuguese, Spanish, UK and Italian filmmakers.
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The Troika has apparently demanded Greece fire 100,000 more so that French banks might survive another day.
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Stacy Summary: Here’s Hotspots: Greece. There was so much great material that it was difficult to decide so I think I will be releasing a second cut soon! Also perhaps some of the interview material as there was so much of that which is really interesting. Hope you enjoy. You can head over to Hotspots: Spain to participate in the next one!
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Posted in Max Keiser Video, Pirate Myfilm
Tagged greece, hotspots, stopspeculators.gr
Rick Ackerman
Karl Denninger – Market Ticker The Big Picture Mish David Morgan King World News SmartKnowledge GoldCore Michael Krieger’s libertyblitzkrieg
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