What Is Next For Greece?

Success is not really about the amount of money you have.Strippers  earn as much as 150,000 naira weekly exposing their naked bodies in clubs.Also, some politicians steal public funds,and leave their people to suffer.The list of ungodly means of making money are endless.Can we say people who make lots of money by ungodly means are successful?The likes of Bill Gates and Aliko Dangote can never be poor simply because they have a solution to some of human problems.Bill Gate helps solve the problem of information technology. .Dangote helps solve the problem of getting some basic needs like salt,cement,flour,steel,oil and gas and real estate.I think success is fulfilling your destiny on earth,and achieving your vision.A lot of rich people today are not successful.What is your own definition of success???

 

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Jul 13th 2015, 04:30



Leonid Bershidsky, Bloomberg: Would You Lend Greece $60 Billion?

Keeping Greece within the euro zone and the European Union is a political question. Yet it's also about money, and it may be worthwhile to consider how Europe would act if it were a bank confronted with a big delinquent debtor.

This would be an easy question to answer if the choice were merely between a Greek default on all of its debt and a write-off of some portion. Something is better than nothing. Yet the situation is more complicated: Greece wants 53.5 billion euros (almost $60 billion) over the next three years. Would a banker lend that sum to retain a chance of hanging on to some of the money already invested?

Calculating how much European countries would lose if Greece were cut off is not straightforward. They are seriously exposed to Greece in four ways: through straight bilateral loans issued as part of the first bailout in 2010, through guarantees on loans issued by the European Financial Stability Facility and the EU bailout fund, through the European Central Bank's holdings of Greek bonds and through Target2, the ECB's settlement system in which all euro members have outstanding claims on Greece.

WNU Editor: Greece is now demanding almost $100 billion in new loads .... Greece's tab for new bailout could reach $96 billion (CNN). Predictably .... no one is happy .... Anger erupts over Greek rescue plan (Washington Post). And for the Greeks who overwhelmingly voted against this austerity plan last week .... and that is now about to be imposed on them whether they want it or not .... they are in shock .... Greek Debt Crisis: In Athens, Jubilation Gives Way to Dismay and Confusion (WSJ). My prediction .... Greece has no choice .... without this bailout agreement Greece's banking system will utterly collapse .... and Greece is not ready or even remotely prepared for that outcome. What is also worrying the Greek government is that this is the week that all government employees are to be paid .... but with no money in the banks .... getting paid is going to be next to impossible.

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Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

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Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/
Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/

Wise saying ....Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.                                                      unsubscribe from this feed,

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