WEB Notes: So Greece set their citizens up for a vote that did not count and now it turns out the world is not going to put together a deal for Greece at all after saying they agreed to a deal. Confusion, confusion and more confusion. No deal is going to save Greece and that is what the IMF is saying. They are too far in debt, another bailout will make it much worse.
Source: Paul Craig Roberts I have maintained since the so-called Greek Debt “crisis” began back in 2010, I believe it was, that the imposition of austerity on Greece could not possibly work and that the only solution was to write down the debt to a level that Greece could service and introduce reforms that loosen the hold the oligarchs have on the Greek economy. The current Greek government has taken the same position, and now the IMF has joined us.