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European Salon de News, Discussion et Klatsch - 1 October | 120 comments (120 topical, editorial, 0 hidden)
Re: Europe (4.00 / 3)
It's the old two-step or Catch 22.

Germany refuses to allow the ECB to print money. (Not sure how they get away with this, but so far they have.)

Because the ECB can't print money, Europe must beg for money from Germany.

Then, because it's German money, the German constitution is a limiting factor.

Thus - nothing happens.

by Metatone (metatone [a|t] gmail (dot) com) on Mon Oct 1st, 2012 at 06:34:29 AM EST
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European Salon de News, Discussion et Klatsch - 1 October | 120 comments (120 topical, 0 editorial, 0 hidden)
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