Chapter 2135 Play a Big One (Please Subscribe!)

the next day.

early morning.

When I woke up, Greece's debt of up to 300 billion euros made international headlines. At this time, many people noticed this country.

but.

Most Chinese netizens were stunned.

"Three hundred billion, is that a lot?"

"that is."

"It's a country anyway."

"..."

Greece.

In everyone's impression, it is very rich. Although 300 billion euros is not a small amount, it is not enough to crush Greece as the title says, right?

last year.

Iceland went bankrupt because Nagada was really poor, and it was not on the same level as Greece. However, it soon became clear why it wasn't on.

"Depend on!"

"This product is too wavey!"

"Deserving it."

"If you don't have this ability, you still learn to borrow money every day."

"..."

A contempt.

300 billion euros, the annual interest is 10 to 20 billion, and the Greek authorities' fiscal and taxation, after deducting fixed expenses, the surplus is not even half of this.

This is not.

It's a thunderstorm!

"Really, the country is ruined by being eaten up." Someone sighed, "It's true that the welfare is good, but to increase the welfare without restraint is to seek death by yourself."

"crazy."

"That is, in the 1980s, the number of Greek civil servants was only 100,000, but now it has grown to 800,000, which is close to one-tenth of the country's population."

"What are you playing?"

"right."

"The tail can't fall off."

"Desperately borrowing money, desperately spending... I'm envious. If this continues, I'm afraid I will follow Iceland's footsteps, but I guess the EU will not sit idly by."

"Um!"

"..."

Everyone was discussing.

Although envious.

But.

Playing like this is not what everyone wants, and it is true that the benefits of the Greek authorities are too good, such as pensions, which are twice as high as those in Germany.

Depend on!

Germany is so rich that it can't afford too high pensions. Greece, which has a general economy, not only has pensions, but also the wages of public servants.

Best in Europe.

In short.

In order to take office, successive presidents have only done one thing: making high promises to the people. Then, after taking office, he licked his face and borrowed money everywhere to maintain benefits.

Now.

The debt is too high to be sustainable.

. . .

base.

Room.

having breakfast.

"Tang Tang, the euro is going to fall?" Tang Kai first asked when he saw the news. It would be strange if the EU would sit back and ignore such a big thing.

But.

Once you intervene, it is a pit.

heard.

Tang Qing nodded slightly.

"It is definitely going to fall. The stock market and foreign exchange market will be turbulent for a long time in the future. The euro cash you hold should be changed as soon as possible."

Do not fall.

Sorry for this news.

"How long will it take to calm down?" Qin Yu just asked curiously.

"indefinite."

Tang Qing shook his head.

"Because, the Greek crisis has exposed not only Greece, but also the problems of other countries in the euro zone, and more than one borrowing money to survive."

Greek debt.

Just detonated the fuse of the European debt crisis.

otherwise.

A mere thunderstorm in Greece is unlikely to allow the soldiers to take this to disintegrate the euro.

Ireland.

Portugal.

Spain.

Italy.

Cyprus.

A large number of countries in Europe have serious debt problems, and in the context of the global economic crisis, one by one has begun to explode.

A sharp fall in the euro and a slump in European stock markets will follow.

"Crisis escalation?" Tang Kai was surprised.

I thought.

Just a pure Greek question.

"Um."

Tang Qing nodded.

"What will be the result?" the second uncle asked again.

"First."

"The entry of the EU is foreseeable, and if it is ignored, it will almost certainly shake the euro system and endanger the stability of the EU."

Paused.

"second."

"Lei is too big, can't cover it, it explodes."

One listen.

Everyone looked at each other.

"This possibility should be very small." Tang Kai said, "The debt problem of the EU is an internal problem. As long as you make up your mind, it can be dealt with."

"Um."

Qin Yugang also nodded.

In a unified currency area, there is huge room for doing things. The debt of Greece is completely controlled by the EU, but the process will be very painful.

Borrow a new account.

Pay off old accounts.

even.

Directly exempting some debts is credit currency anyway, and the big deal is a little over-issue. Now, after the quantitative easing in the United States, the world is releasing water.

Big money printing.

therefore.

No matter how you look at it, the euro zone will not collapse.

heard.

Tang Qing smiled.

"indeed."

"The possibility of the euro zone disintegrating is very small."

at the same time.

I added a sentence in my mind.

"However, this is a low-probability event that operates properly without anyone operating it, and it is a black swan event that can evolve into a high-probability event."

True.

EU countries are absolutely reluctant to disintegrate the euro zone and will do everything in their power to rescue them, however. During the years that the euro area has existed, many problems have accumulated.

like.

Welfare is unequal across countries.

Germany.

France.

The wealth created by the two core countries of the EU far exceeds that of other countries, but the welfare benefits are not as high as those of some member countries.

such as Greece.

I don’t make much money, I spend all my money, the retirement age is early, and there is a long list of benefits. The most annoying thing is that the retirement salary is twice as high as that in other countries.

and many more.

There have long been many dissatisfied voices inside.

So.

Once the problem breaks out on a large scale, will Greece reduce pensions? If it falls, it will definitely be another parade in the country, and the president will be dismissed in minutes.

If you don't want to leave the get out of class, you have to continue with high benefits.

But not down.

To maintain high spending, other countries will not do it, because you are borrowing our money to distribute your welfare, and these countries will also shout within them.

past life.

This problem has not exploded.

but.

This time.

But it will become a sharp sword.

certainly.

It's just a handful, Tang Qing didn't put all his hopes on public opinion. The best thing to control is public opinion, but it's the easiest to reverse.

Also public opinion.

therefore.

It's just the 'flavor', the real main course, something else. But in the end, what is written into history will only be the "flavoring agent" that everyone sees.

the truth.

It will be buried in history and will not see the light of day.

"EUR."

"It must... collapse once."

At this time.

Tang Kai was interested.

"In this way, is there an opportunity to find leaks?" In any crisis, someone can profit from it. This is the essence of the word crisis.

economy.

finance.

There is room to operate.

"Have."

"You can play properly, but don't care too much." Tang Qing said. Making money from the European debt crisis is definitely something to do, but he will not end up.

this time.

But to play a big one.

One listen.

Tang Kai's interest also dropped.

"Listen to what you said, I don't have much interest anymore. Let's honestly rely on industry to make money. Every penny is clear."

now.

The wealth he has was unimaginable before, and he has to go to the financial market to gamble, which is of little significance and limited energy, so don't make trouble for yourself.