All of this is 100% true but I would not give a break to the EU they knew what the deal was and the bankers did as well — there are no innocents in this and all must pay the price.
I am just going to assume that you are aware of the financial mess Greece has created for itself. This is no one’s fault but Greece — all of Greece. This means the politicians and the people. This is not the fault of the bankers. The bankers have finally come to the point where they realized that Greece was not going to pay them back so they stopped lending. However, Greece has not stopped spending. That is what the ‘crisis’ is all about: the people of Greece refuse to live on what they make, they are demanding to get what the politicians who bribed them for their votes promised. The problem is, those promises (bribes) were made by placing a claim on other people’s’ money — a claim the Greek politicians had no authority to make. So now, when the bills are due and there is no money to pay…
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Centinel2012 