Thursday, March 26, 2015

Soros: Greece Has Only 50-50 Chance of Eurozone Survival

The chances of Greece leaving the euro area are now 50-50 and the country could go "down the drain", billionaire investor George Soros said during an interview with Bloomberg television.

"It's now a lose-lose game and the best that can happen is actually muddling through,"  Soros  said. "Greece is a long-festering problem that was mishandled from the beginning by all parties."

Actually there is hope for Greece if they default, stiff the banksters, leave the eurozone, operate a sound currency and remove the onerous regulations that suffocate the economy.

But like the spirit Elpis, the potential for a free market in Greece is likely sealed in a jar, while the evil is spread.


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