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US Prez Wants EU to Avoid "Austerity" -- Why Not Just Come Out and Say...
... that his recommendation is to continue to have the ECB print money, and then channel it into the spending systems of the various already out-of-control nations like Spain, France, Greece, Portugal, and Holland?
http://news.yahoo.com/obama-sees-emerging-consensus-economic-fix-2259433...
Things are going to unravel there even more rapidly during the summer.
Useable (real) capital is going to flee, and businesses will not start in those nations, but will move to others, if there are a few left to try to start in this inflationary environment.
Be Seeing You!
- Re: US Prez Wants EU to Avoid "Austerity" -- Why Not Just ... by Sophia