Contagion fears back on Greek bailout uncertainty
"But new jitters were creeping into markets as worries grew about a default in Greece next month. The country has yet to clinch deals for a bailout worth euro130 billion ($170 billion) and an accompanying euro100 billion ($131 billion) debt writedown by private bondholders."
Perhaps the "Mighty Wurlitzer" doesn't want the word default to appear in the perception mechanisms.
Are the Greeks deadbeats?
When money is backed by confidence, is this where the confidence is perceived?
At any rate, why is a writedown not publicized as a default?
This is where "media manipulation" begins and is anyone interested?