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#1
10-28-2011, 12:18 AM
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EU Problems and Solutions
The EU bail out plan doesn't seem like it is tenable over the long term. It is notable that even if everything goes as planned, doubtful, that Greece will still be at 120 percent of GDP. I can't see where the EU is going to get the money to cover the ravenous Greeks. The numbers from Italy and Spain are also bad IMHO.
http://www.csmonitor.com/World/Europ.../Warning-signs http://www.csmonitor.com/World/Europ.../Warning-signs The history of all the schemes and bail outs in the second link above is quite telling. It's fairly obvious that they need to roll back their expenditures, but alas, that brings the pro-largesse folks out in protest. Perhaps there is some way to blame this on others rather than themselves with sufficient circuitous reasoning.
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Dear Optimist: Unless life gives you water and sugar too, your lemonade will suck. Last edited by bhunter; 10-28-2011 at 12:35 AM. 
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