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Finance minister (Mr. Varoufakis) said today that an IMF report showed the debt was unsustainable from the start and that financials wouldn’t get better even by 2030. I don’t know if the changes your friend proposes will be done
Instead, Greece Heads for Decisive No Vote . With 85 per cent of votes counted, the No camp had won 61.5 per cent and was leading in every region of the country, a remarkable political exploit by Greek prime minister Alexis Tsipras. But it is also likely to plunge Greece deeper into turmoil as it tries to prevent the collapse of a financial system that is rapidly running out of cash.“As of tomorrow, with this brave ‘No’ vote, we will call on our partners to find common ground,†said Yannis Varoufakis, Greek finance minister
Read More: Divided Greece; Eve of Referendum Polls Split; 20,000 Rally ‘No’ and 20,000 Rally ‘Yes’; Back Home From 17…
Today we also learned the Syriza Left Demands ‘Icelandic’ Default as Defiance Stiffens .
More: Time Pressure Thesis; Let’s Play Ball; Greece 2-Year Bond Yield Hits 28.5%
The SCOTUS Blog assessed the odds in plain English on March 4, in Will concern for states’ rights win out in subsidies battle? The key point involving a death spiral.
Originally posted here: At Least Two More Illinois Cities Poised for Bankruptcy
View original post here: G7 Communique Seeks 70% Reduction in Carbon Emissions by 2050, 100% by 2100; Browsing the 44…
