What Economic Recovery? IMF says Greece needs a third bailout, and they’re still waiting for the second one

On July 13, the International Monetary Fund issued a report in which they said Greece needed to cut even more public spending, and that it needs a third bailout.  European officials are still hammering out the details of the second bailout.

The IMF says Greece needs a third bailout, consisting of at least 71 billion Euros from the European Union, and 33 billion Euros from private creditors.

Enough! Just let the dominoes start falling!