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Sid, in case you did not get the message: we are bankrupt by two times the annual national budget! if YOU have the money, go ahead and bail out Greece. With YOUR own money. But remember, that what Greece's government is asking for is just a fraction of that country's total debits, which go way beyond 4,5 billion pounds. Greece's actual debits are many times higher. They are actually asking for an emergency bail out just so as to pay the interest on their debits! Barry doesn't explain these things, and wrote that my explanations in this regard are nonsense! I'v just replied to him on his blog. Sid, if you have the money to give Greece (15 percent of the IMF loan = 600.million pounds), then remember, that after six months, the Greek government will be asking you for another 15 % of a new IMF loan, to pay their next bout of interest on their total state debit!!!
Does that sink in? Have you got that much money, Sid? Don't expect the British People to run out and hand over billions of pounds to every bankrupt e.u. state!!!