So it’s a default
I caught the news about the possibility of the Greeks defaulting on their debt last night, but wanted to check I was understanding things properly at the time. Not that my understanding was helped any by checking what the BBC were saying as last night they were following the line that it wasn’t a default really, though thanks to their wonderful habit of updating articles without mentioning the fact you’d not know that this morning. Now of course the headline isn’t “Greece defaults” but: “Greece aid package boosts stock markets” And any mention that some people might consider that forcing … Continue reading
