The Watchwords of the EU: Print. Lie. Borrow. Deceive. Deny.

Man the lifeboats - Former holders of the Euro escape from the holocaust of their disintegrating currency

Tyler Durden, of Zero Hedge, finds that a guest poster, Simon Black, is unimpressed by the elite’s noises from Brussels:

“Print. Lie. Borrow. Deceive. Deny. These are a the principal tenants of the Greek restructuring plan that were released today from Brussels… it’s as if EU policymakers put it together after shaking a Magic 8-ball. The whole world knows that Greece is bankrupt and has been living bailout to bailout for over a year. Deep in debt and devoid of cash, the country has completely forsaken its sovereignty in exchange for becoming a ward of the European Union; Prime Minister George Papandreou is now a hapless stooge awaiting instructions from Germany.”

Splendid. Well worth a read.

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About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
This entry was posted in Goldbugs, Inflation and tagged , , . Bookmark the permalink.

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