Tag Archives: Ponzi scheme

Greek default is inevitable

Posted on June 10, 2011 by

We in Ireland are in an even worse situation and the government have chosen to cow down to the vested interests of the Bondholders .When the same bondholders have sucked everything that is to be gotten out our country they will then switch sides and call for the government to default but only after putting their Put positions on in the markets so they will benefit from this inevitable Irish default .What a scam. Heads you lose and tails you lose and the Bond holders win every time Excellent article, although I wouldn’t agree with everything here,
We in Ireland, are in an even worse situation and the government have chosen to cow down to the vested interests of the Bondholders and chose to live in a fairy world where their figures somehow add up every time in their favour .When the same bondholders have sucked everything that is to be gotten out our country they will then switch sides and call for the government to default but only after putting their Put positions on in the markets so they will benefit from this inevitability .What a scam.!Heads you lose and tail’s you lose and the Bond holders win every time.
Continue reading →

| Tagged , , , , , , ,

Self employed, why would you ?

Posted on November 6, 2010 by

Yesterday I came across a few people suffering from these same problems and they seem to be the forgotten victims and as self employed persons they are not going to get a welcome in the local Dole office far from … Continue reading →

| Tagged , , , , , ,