Greece/Europe/World doomed

There is no hope. No way to avoid it. Just close your eyes and get hit by the downward force of the world’s economy. Sure the US got saved just in time, but that country full of feta, tzatziki and ouzo won’t be so lucky. Many rescue plans have been passed, but none effective. The Greek bankruptcy is inevitable. European banks and governments are in crisis trying to grab a hold on the situation and making sure we don’t get even more panic. The financial world will now be looking at the next domino blocks (Italy, Spain, Portugal, Ireland). Business Insider has a nice list of which countries are screwed by this bankruptcy. The signs of the domino effect are already visible. Little Greek isle of Crete was hit by a Magnitude 5 earthquake.

Posted on September 14, 2011, in Uncategorized and tagged , , , , , , . Bookmark the permalink. 1 Comment.

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