Athens traders count the cost of anti-austerity riots

(click here if video is not observable)

This entry was posted in Euro, PIIGS, Sovereign Debt, Sovereign Risk and tagged , , , . Bookmark the permalink.

2 Responses to Athens traders count the cost of anti-austerity riots

  1. Greg P's avatar Greg P says:

    It is nuts !!!! She ends it with the comment “Many believe that price to pay is too high” !!! Nonsense. A few believe it is too much, and they are most likely only rioting becuase they are out of work, typical anti-government students, anarchists, or generally that way inclined. No one who understands numbers and has seen the numbers involved would be stupid enough to go out and riot over it.

    I would bet that over 90% of the rioters would not have a clue of the real numbers involved or what is really happening. They had better be prepared for the worst case senario if the debts are enforced through no bailouts.

  2. macromon's avatar macromon says:

    Totally agree, Greg.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.