The Great Recession continues around the world: Prime Minister George Papandreou, of Greece, announces that his government is no longer able to meet his nation’s foreign credit obligations, and requests for a bailout package from the International Monetary Fund and the European Union.
[added 3/6/2022] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Athens Hosts the Olympiad of Debt by Gary North
www.lewrockwell.com/2010/06/gary-north/the-olympiad-of-debt/
CBC News – Money – Greek PM calls for EU bailout loans
www.cbc.ca/money/story/2010/04/23/greece-euro-debt.html
Current U.s. National Debt:
