Tom Acre wrote:I'm gobsmacked!
If they jump that hurdle, who is the EU going to borrow from to bailout the PIIGS? We're in hock to the tune of $12,000 billions or more.
Who is the IMF going to borrow from to bailout the PIIGS? They're awash in red ink already. How can they just pledged their entire budget to the PIIGS?
If they get past that, how will the PIIGS ever pay it back, much less in three years?
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