Minggu, 20 November 2011

Why Germany Is Right To Refuse To Bailout Europe

From The Business Insider : Ilargi: Here's why Germany is wise to refuse using the ECB to buy up anything not nailed down in Europe.

All economic forecasts for countries in the periphery -which itself grows as we go along- are based on unrealistically positive numbers. And that means that soon they’ll come calling again for bail-outs.

Austerity measures quite simply mean less consumption, and
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