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Read this article: 940 Chinese Firms Halt Trading; China Allows Houses as Margin, Bans Use of Term "Equity Disaster"; Two…
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
Today we also learned the Syriza Left Demands ‘Icelandic’ Default as Defiance Stiffens .
Originally posted here: At Least Two More Illinois Cities Poised for Bankruptcy
Read this article: Request Denied: Juncker Spurns Tsipras Request for Meeting; Exterminated from Within
Lessons from Carolina: Paying People to Not Work is Losing Policy, Tax Cuts and Reforms do Work In 2013, North Carolina figured out paying people to not work is a losing policy.
Yet moments ago, the Financial Times reported Greece to Delay IMF Repayment as Tsipras Faces Backlash . Greece has notified the International Monetary Fund that it will not make a scheduled €300m loan repayment on Friday after opposition to a bailout compromise with creditors erupted inside the governing party.