the greece government resolved much of its debt with a bailout of 50 billion euro over the weekend.  this will change the greece government and how it runs with overhauls to its tax and pension systems.  it’s a first step in a long line on the road to recovery.  the european union can somewhat ease their fears of greece leaving the euro, but the greece debt resolution is far from over.

china — and in due time, the u.s. — will face this problem in the upcoming months or maybe years.  this is not comforting news. other governments are falling by the wayside as well.

well, we’re off to our morning coffee…