Monday, May 03, 2010

Greece to Be Bailed Out

Well at least we won't have a Euro-zone crisis at least until Greece runs out of this money.

Euro-region ministers agreed to a 110 billion-euro ($146 billion) rescue package for Greece to prevent a default and stop the worst crisis in the currency’s 11-year history from spreading through the rest of the bloc.

The funny part is that this is just a rounding error compared to the amount of debt the US has to roll over every few months. The Greeks are so grateful that they are rioting in the streets.

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