Tuesday , 5 December 2023

85% Chance Greece Will Default in the End – Here's Why

U.S. Military Software Predicts Greek Default

A predictive software program called Senturion, developed for the U.S. military and sporting a 85% accuracy rate, has concluded that Greece is going to default. [Let me explain further.] Words: 244

So conveys Eric Lam (www.financialpost.com) in edited excerpts from an article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited ([  ]), abridged (…) and reformatted below  for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement. Lam goes on to say:

[Yes,] it’s official: Greece is going to default, and there’s nothing anybody can do about it – that is if you believe the word of Senturion which analyzed the positions of leading EU officials, private financial institutions and Greek political factions in the week following a critical parliamentary vote at the end of June. That vote passed important austerity measures, but Senturion found that the Greek government “conclusively cannot deliver on all of the terms specified in the austerity package and most specifically privatization, setting the country on a course to possible sovereign default.”

The software, developed to help assess “life-and-death battlefield situations,” uses methodology based on Nobel Prize-winning bargaining theory and has completed more than 460 projects with 85% accuracy since its first contract with the U.S. Department of Defense in 2005…


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