The People’s Republic of Greece is almost upon us.

By: Ender (Diary)  |  April 27th at 09:52 PM  | 

WSJ reports that S&P downgraded Greece to Junk Status today severely limiting the proud Democratic Socialist nation’s options of getting out of its mostly self-inflicted crisis. “The downgrade results from our updated assessment of the political, economic and budgetary conditions that the Greek government faces in its efforts to put the public debt burden onto a sustained downward trajectory,” said S&P credit analyst Marko Mrsnik. Earlier | Read More »