Bob Chapman sheds light over the situation in Greece Spain and in Europe in general : Greece should default , go back to the drachma with a fifty percent hair cut of the value over the Euro , increase taxes over a five year period and extend austerity over a five year period as well that should straighten them in five years may be six seven , eight but they are not going to spend 50 years being slaves to the European bankers and lose their country . Spain is even worse off than Italy , it won't take two or three years and they are all going down ...in the Bilderberg meeting last week in St Moritz everybody had to leave early cause they were terrified
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