Monday, June 29, 2015

$271 Billion

Reuters: How much Greece owes to international creditors

3 comments:

Glenn Klotz said...
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Glenn Klotz said...

My guess is the Lion share of those loans were handed out to a few banks, Big Corps. and the other wise politically connected, who spirited the $$ out of the country to safe havens. Then they left the payments on the loans to everyone else in Greece to pay off. This is how crony Capitalism works these daze.

Jim Sande said...

Sounds about right, unfortunately.