Greece's solution towards their debts.

They are just numbers on a screen......

The Greeks have a point, though.

Germany could counter offer and accept. Solely on the condition that Greece hands over land and sovereignty of Crete...It would be 1941 all over again.

Ireland could pull off the same trick with their 6 billion loan from the UK.

Yeah that 3.26bn was soooooo generous at only 5.8% interest. They had to trim it to 3.5 following the  Eurozone  agreement to reduce the rates Ireland, Greece and Portugal pay on their European Union-led bail-outs. And they call pay day loans obscene.

Spot on btf.

They're borrowing more money so they can pay the interest on the money they borrowed earlier so they don't default on their payments.

Mmmm! I think I see a flaw in the logic ... I don't think it can go on like this.

Ze Germans are running a Ponzi scheme or is it the Greeks? Or is it Europe? America?
The whole financial system is one giant ponzi, Charlie will be having a chuckle to himself, oh hang on his name is given to the scheme but in reality it's been going on for centuries