[Skybird]

Paper is patient. Both money and media reports.

Mainstrema media obey the wanted mainstream views propagated by our pillars of society, or beloved great leaders and know-it-alls, of Keynesian money messiahs. That they say that on yearly average the room temperature is comfortable while the house currently on this day today is ablaze, is no wonder.

It only needs some basic reason and sense of realism. Where should any wealth generation in Greece come from? The talents in their youth generations have migrated. They never were a heavily industrialised state anyway. Their administrating is inefficient. their political caste is still as corrupt as ever. They have no competitive economy and no natural ressources which to sell they could live off. Since decades they lived of tourism only - and the payments NATO partners agreed in various forms due to their geostrategic location on the map. But that is no longer valid after the cold war. They are still linked to a currency system that does not allow them adaptation by individual currency exchange rates.

There can be no lasting bettering on ground of such a shaky "fundament". From nothing comes nothing, expect maybe in cosmology.

I already mentally prepare for the fourth and fift rescue programs. Give it a little time, just a few years, it will come. Promised.

Buying Greek bonds is no investment, its pure gamble and hoping to get away with a profit before the show once again collapses. Gambling and strategy are two very different things. If you can afford it, can live with possible severe losses, like the excitement, buy. If you indeed want to invest, scratch Greece off your list of reasonable options. Its a money annihilation machine.