vendredi 18 novembre 2011

Germany is not isolated, PM Kaitainen made clear Finland is fully supportive of the view the ECB lender of last resort is no status for the eurozone central bank and he's right.someone yesterday mentioned that nobody was asking for Weimar 2.00 which is very true at the same time there can't be any serious conversation about QE within the eurozone as long as there isn't a strong lid on the countries public spending that engeged themselves into insane policies of crazy debts and deficits. With in mind some have been running deficits and insane spending for several decades and are addicted to it, rehab is of course painful but necessary, so far they resist the cure and want more drugs, it would be irresponsible to hand them the fix they ask for in their attempt to share with those engaged in reasonable public finances the joy of irresponsibility... Those not infected don't want to get high and take later their people the rehab pain, should they blamed? No.

Aucun commentaire:

Enregistrer un commentaire