Who will loan Greece any money
NY Times:
I am reminded of a story about former University of Texas basketball coach Abe Lemons who was asked by a player, "Coach, do we have to run all this wind sprints." Lemons replied, "No you don't. but, then, I don't have to play you either."
The Greeks apparently do not like the terms of the German loans they got to bail them out. But if they do not live up to those terms, just who do they think will loan them any money so they can get further in debt? I think most lenders would be very reluctant. I don't think they have thought this strategy through.Greeks See a False Choice on Austerity
A growing number in Greece argue that they can keep the euro and reject harsh budget measures.
I am reminded of a story about former University of Texas basketball coach Abe Lemons who was asked by a player, "Coach, do we have to run all this wind sprints." Lemons replied, "No you don't. but, then, I don't have to play you either."
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