So Greece gets half of their debt cancelled. Now Eire, Spain and Portugal are just going to jump in and try for the same deal. it's been done once and so the precedent is set. No country in the EU now has to bother with fiscal housekeeping as the more debt they get into the more they actually get cancelled!!! What a system!!
There will now be a race between Italy and these other three to get a similar deal. So the countries who are actually trying to run things, properly, will pay for the idiots, who just have no reason to bother now. What a gravy train!!!
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