On May 10, 2010, at 2:01 PM, brad wrote:
> Clearly if there were no worker resistance to the austerity policies
> there wouldn't have been a bond market riot in the first place though.
Why do you think that? Greece and the other troubled peripheral countries have serious funding problems and enormous debt ratios. This package probably isn't enough - there will probably have to be some debt "restructuring." But it's about the numbers, not the firebombs.
Doug