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Greyerz: Greek Deal to Collapse Causing Trillions to be Printed

Edward Maas

By Edward Maas

Egon von Greyerz on KWN: “One second Greece is being saved and the next second the deal is collapsing. Yesterday, for example, three UK banks signed up and that still only leads to 40% acceptance and one of the banks that signed on was Royal Bank of Scotland.”

“Royal Bank of Scotland is a bankrupt bank that is owned by the British government. This is the bankrupt leading the bankrupt. It’s absolutely ridiculous. If this deal is happening now, it would be a miracle. It could happen, but at some point the deal will collapse anyway.


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About Edward Maas

Edward Maas

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