Well, based upon the EU bailout it appears the continentals kicked the can for a few more years and laid the ground work for greater additions to the sovereign debt bubble. Amazing. It has got to be about time for WWIII. Euro, global stocks jump on EU debt plan for Greece | Reuters Germany, France break euro bailout deadlock - The Local
When Germany and France are on the same track, well, that should speak for itself. Sounds like they might try monetizing the debt by issuing bonds, sim to Fannie and Freddie. Can't those continentals learn from us colonials?
yes. Giant Debt Bubble. in some areas of greece there is 70% unemployment. I mean, really, how does this country get out of it's death spiral? By taking other countries down with it and the entire EU community.
