RANT: Greece is Bankrupt for Crying Out Loud!

Today the leading headline from Reuters online read:

"Greece averts immediate default, markets skeptical"

It's seldom that I would say this, but I'm with the markets on this one. Greece should be defaulting, and the markets - carnivorous, predatory, hyper-panicked beasts that they are - are very correct to be "skeptical."

The article commences: "Greece averted the immediate threat of an uncontrolled default on Friday when a sufficient number of private creditors agreed on a bond swap deal that will cut the country's public debt and clear the way for a new bailout.

With euro zone ministers set to approve the 130 billion euro ($172 billion) rescue, French President Nicolas Sarkozy declared the Greek problem had been settled - just as Germany said that any impression the crisis was over "would be a big mistake."

The crisis is not over, it is going to continue and continue until one day the ECB, the IMF and the Greek government are going to have to relent and allow Greece to default and to declare bankruptcy.

There are countless other blogs and websites online that will offer a far more adroit and technical assessment of the Greek crisis, and why bankruptcy is inevitable, and by people with far more nous than I when it comes to economic and financial matters than I.

But even I know that all of this is nothing more than a 'perfect' storm of three dangerous forces:
1. Financial terrorist speculators and bond buyers who continue to make a killing out of this decimation of Greece 
2. A European political 'dream' that is being pushed to the nth degree and has become an economic nightmare and,
3. Sadly, the paralysis of the Greek state

Money is being pumped into 'Greece', although next to nothing of it id going to the Greek public coffers or the Greek people. Money is being paid to interest loan sharks and other scheisters circling the bloody waters that is Greece at the moment.

Downright laughable is what all of this is, if it weren't so tragic and so disgusting what is being inflicted upon the people of Greece.

That's what it boils down to - a sick, cynical charade.

Do you get my point?