Monday, February 22, 2010

Crumbling of the cookie in EU

Sometimes I wonder how many nations have in past gone through the same agony of taking on too much debt, and then being ruined by it.
Seems like this time, it is not only the debtor greek government which is going to be ultimately left to fend for itself. However, before that, it is more likely that some other national government in EU countries are going to burn their hands (and savings ?) of their citizens.

What a fantastic beginning to the endgame of paper money.
It is only a matter of time before EUro becomes victim to the success of EU nations in reckless expansion taking in economic laggards like greece and one trick pony like Ireland.

Wading into Greek quicksand

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