And so the Paso Doble begins in Spain, too…

“Spain and Italy’s borrowing costs soared as economists warned that Europe is sliding into recession and Angela Merkel defied intense pressure and ruled out issuing European-guaranteed debt” – Telegraph

What fun.

And if you doubted that our glorious EU masters are not all moronic idiot dimwits, then check out this quote from a particularly slow starter:

“Michel Barnier, the EU markets commissioner, said he wanted to ban credit rating agencies from rating bonds from bailed-out countries. He told French radio that the agencies could lose the “right to rate certain countries for a certain time that are receiving an international support programme from the IMF or European Union.” But few could see how the ban could be imposed.”



About Andy Duncan

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

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