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Category Archives: Hip Shots

Daily Hip Shots: Greek Anger; Rushing for Exits; & Inevitable Government Bankruptcies


The Ol' Hipshooter [courtesy Google Images]

The Ol’ Hipshooter
[courtesy Google Images]

Daily Hip Shots are occasional articles that I haven’t considered for long or proofread as much as I’d like, but still contain the germ of an observation, idea or insight that you might find interesting.

 

Greek Anger

CNBC posted an article entitled “It’s treason!  Greek anger at government u-turn”:

 

“European equity markets might be cheering a deal to extend Greece’s aid by four months, but many ordinary Greeks feel their government has backtracked from its grand promises to strike out the bailout.

“Greece is now scrambling to present a list of reform proposals in order to secure the financial lifeline. “

 

The significance of these “reform proposals” is this:  Last Friday’s celebrated agreement to extend the Greek’s loans for another 4 months is not yet final.

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