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To: Lorianne

There is a definitive end point when a culture for three generations consumes more than it produces, creates unsustainable entitlements and squanders its capital on mindless consumption. That end point is not simply “dropping out of the euro.” The end point is poverty, misery and a loss of sovereignty.


5 posted on 09/02/2012 10:21:58 PM PDT by allendale
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To: allendale
"The end point is poverty, misery and a loss of sovereignty.

People from Northern Europe used to flock to the Southern countries for the weather and cheapness of vacationing there. The Euro made those southern countries not so cheap. Now they will be again.

9 posted on 09/02/2012 11:02:57 PM PDT by I am Richard Brandon
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