surprise, surprise
ain’t none of this going to work.
whenever one country (greece, spain,italy)
is spending another country’s money (germany) It never turns out well.
The longer people wait, the more pain.
Gosh, a few u.s. politicians could learn this lesson as well.
9 steps, all of which are worthless. Most of which simply won’t happen. Can’t happen. Couldn’t fix anything if they did.
This piece of economic gobbly gook is pure crappola smothered in gravy thick denial. None of it faces up to what the problem is and how it came to be.
This is a perfect illustration of why the whole house of cards is going to crash in a very ugly way.
None of this sovereign debt can or will be repaid. There are going to be defaults on scales barely imagined of. It CAN’T be fixed. The focus now should be trying to engineer an orderly crash, if such a thing is possible.
The people running the EU are absolute lunatics. They should be incarcerated and pumped full of anti psychotic medications.