"Greece cannot pay its debts ... ever. Nor can several other members of the European Union. That’s why Europe’s elite are loath to place Greece in default. If Greece is allowed to abrogate its debts, why should any of the other debtor members of the EU pay up?"Oops. This is the result of socialism.
Saturday, July 04, 2015
Tax and Spend
Europe's banks painted themselves into a corner.
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