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The Stalls of Higher Thought

The European Debt Endgame Approaches

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Greece owes $367 Billion to Other EU nations, Ireland owes $865 Billion to Other EU nations,
Spain owes $1 TRILLION mainly to France, Britain Germany, Italy owes $1 TRILLION mainly, to France, Britain Germany and so on and so on…

How can broke economies lend money to other broke economies who haven’t got any money because they can’t pay back the money the broke economy lent to the other broke economy and shouldn’t have lent it to them in the first place because the broke economy can’t pay it back.

The question is not when this game is going to end but how many millions of citizens are going to be absolutely devastated by the ultimate economic solution facing these and all other nations on this planet?

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Written by mattliving

June 19, 2010 at 9:06 am

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