The end of Greece’s “guardianship” by Brussels, the ECB and the IMF on Monday, August 20, was touted as a victory by the media. If we are to judge by their headlines, the Greek crisis is over: “How Greece Got Out of the Crisis”, “Greece: the Return of Growth”, “Greece Turns the Page After Eight Years of Crisis”, “Greece Is No Longer Under Perfusion”, etc. Pierre Moscovici, European Commissioner for Economic and Financial Affairs, states that "Greece is on the way to ensure sustainable growth.” Should we then believe everything is going better? But when one looks closer at the economic reality, one realizes that this is but enormous fake news. Greece, with its three bailout plans, has received a total of 289 billion euro. Who can believe she will one day reimburse all of that? The larger part of this sum came from the European Union, which means all of us European taxpayers, who will be stuck with this loss at the end. As for France, it is estimated that a little ov...
from GoldBroker.com https://www.goldbroker.com/news/fake-news-greeces-recovery-after-zero-rates-zero-debt-1378
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