Not that long ago, the world’s central bankers rushed to rescue a small nation with a colorful history and a very troubled economy. How everything, but everything, came to depend on the survival of Greece’s economy was never quite clear but the crisis went away.
Well, now it is back, and as Zero Hedge reports:
… according to none other than S&P, at some point over the next 15 months, Greek debt is about to be in default when the country is no longer able to cover its financing needs. In other words, back to square one.
Putting the already sclerotic economy of the Eurozone at risk.
Again.
