Category Archives: Loan as Gift

GREECE: WHAT’S IN A NAME? THAT WHICH TROIKA CALLS A “LOAN” IS – BY ANY OTHER NAME A “GIFT” ! BUT WOULD A “LOAN – GIFT” SMELL AS SWEET ?

It’s cheaper to declare Greece bankrupt than to perpetuate the fantasy and play at a “re-negotiated” amendment to the existing loans. The real at-risk loss is a “mere” € 39.9 billion euro !! What, you think that crazy? It’s simple. … Continue reading

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