Quantitative Easing - any Central Bank’s Trojan Horse “Ichimoku Kinko Hyo”, or Ichimoku-charts for short
Oct 07

It’s been a while since I commented on the Greek debt situation.  Since my first musings, we have seen a story unfold that reminds me a lot of a statement in a book written by a yachtsman who circumnavigated the world in his sailing yacht.  This yachtsman commented that: “A Greek contract defines the framework, within which the fraud will take place“. It was a bitter statement reflecting the experiences he had made with the locals.  I can’t remember the name of the yachtsman making this observation, it must have been either Bill Cooper or Eric Hiscock.

Some things never change.  But in this case, the European community is as much to blame as the Greek themselves.  At the time that the Euro zone was created, it was deemed that the Greek should be included at any costs, Greece being one of the very first nations where democracy originated.  The other European countries were only too willing to accept the Greek paperwork at face value.

So here we are in a theatre where a most pressing Greek drama unfolds, a drama that has caused a turmoil far beyond Greek territory, or beyond Europe for that matter.  Who is to make any predictions about its outcome?

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google
  • Blogosphere News
  • Propeller
  • Technorati
  • TwitThis
  • BlinkList
  • blogmarks
  • BlogMemes
  • E-mail this story to a friend!
  • feedmelinks
  • Live
  • MisterWong
  • Slashdot

Leave a Reply

You must be logged in to post a comment.