Friday, 30 March 2012

Spain and bazookas (2)

The citizens of Spain are paying, and how, for the failure of euroland politicians and bureaucrats.  Massive austerity budget. But will it all be in vain?  Probably.

As reported yesterday the euro firewall has been fixed at 800 billion euros: eye-watering, but suggestions that even 1 trillion euros would not be sufficient:,1518,824808,00.html and,1518,824750,00.html

An item which tells us a lot........

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