Greece "Only Hours Away" From Default Reuters

"Greece's prime minister scrambled Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default.

Webmaster's Commentary: 

"It is NOT a default! It is NOT a default. It's a ... temporary deferment of payments. Please do not attempt to cash in those credit default swaps you bought from Wall Street. Please do not attempt to cash in those credit default swaps you bought from Wall Street. You will be shot on sight if you try to do so" -- Official White Horse Souse


It is impossible to 'earn' interest without creating poverty.

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