Tuesday, June 28, 2011

Greek Can-Kicking Exercise: Skeptics Sound Off

Wall Street Journal
June 28, 2011

Markets are once again jazzed that Greece’s truckload of problems stand a better than 50% chance of being towed down the road to cause problems some other day, by which time maybe Science will have invented a machine that transforms debt into apple pie. You’ve got your orders, Science!

But you know those skeptics, they’re always ready to rain on the market’s parade with their doubts and their facts and their intellectual rigor.

Here’s a quick roundup of what some of these Gloomy Guses are saying about the latest rescue hopes for Greece:

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