Maybe they should kick every single country out of the union, let them fail, and preserve the integrity of the system by having it apply to nothing.
“So the solution of getting the ‘train’ back to running as it should is to CRASH IT!”
Actually, yes. All that suffers is the metaphor, not logic. Economies are unlike trains in that they can benefit from crashes. It’s like how when a business goes bankrupt you stop wasting money on investing in it.
Sounds like this guy is suggesting print-more-Euros as the solution. Stupid. The banks have to fail.
“No One Expected the Spanish Recapitalization (to work)”
Thanks for posting. Interesting comments here...any many more at ZH. BTTT!
BE PREPARED!